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SEOUL (Reuters) – The showdown between U.S. activist hedge fund Elliott Management and Hyundai Motor Group is set to come to a head on Friday when shareholders gather to vote on the fund’s demands for a hefty special dividend and a board shake-up logo engraved cufflinks. Elliott’s challenge to South Korea’s second-biggest family-run conglomerate is the latest example of shareholder activism in Asia’s fourth-biggest economy, long dominated by powerful cliques that took minority investors for granted..

The activist fund founded by billionaire Paul Singer tasted success last year when it and other investors opposed Hyundai’s ownership restructuring plan on the basis that it would favor family members rather than minority shareholders. While it looks likely to fail on most counts on Friday, even if it manages to gain a single seat at Hyundai it would be a major victory for shareholder empowerment in the country logo engraved cufflinks. Elliott is trying to rally shareholder support for dividend payouts from Hyundai Motor and Hyundai Mobis for 2018 worth a combined 7 trillion won ($6.2 billion), saying the group should dispose of its excess capital..

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BOSTON (Reuters) – Lyft Inc executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they said at a road show for investors ahead of the ride-hailing company’s initial public offering set for next week. Reducing insurance costs is “the number one initiative,” said Chief Financial Officer Brian Roberts at a luncheon at a Boston hotel on Wednesday for investors considering whether to buy into the closely watched IPO black mother of pearl cufflinks. Roberts and Lyft co-founders Logan Green and John Zimmer did not directly address questions from the audience during the hour-long event about when the company might become profitable, citing ongoing investments to build out technology and car-servicing centers..

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The NPS holds stakes of 8.7 percent and 9.45 percent in Hyundai Motor and Hyundai Mobis, respectively. About 30 percent of the two firms are owned by Hyundai affiliates and family members. Resolutions require approval from a majority of the votes of shareholders present at the meetings black cufflinks shirt. As of November, Elliott held more than 2.5 percent of common stock in Hyundai Mobis, 3 percent in Hyundai Motor and 2.1 percent in affiliate Kia Motors. Questions about Hyundai Motor Group grew in 2014 when it paid $10 billion to buy land for a new headquarters in Seoul, three times the appraised value..

Some investors remain deeply troubled by that decision and want to see change at the conglomerate, even if they are not ready to support Elliott’s proposals. “It is not that Elliott’s demand is nonsense black cufflinks shirt. Hyundai has accumulated cash, and it has a poor track record of using cash,” said Park Yoo-kyung, a Hong Kong-based director of Dutch pension fund APG Asset Management, which holds shares in Hyundai Motor and Hyundai Mobis. “But we decided to give (the newly created board) the benefit of the doubt,” Park told Reuters..

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DETROIT (Reuters) – Ford Motor Co said on Wednesday it is adding production of a fully electric vehicle at a second North American plant as part of its $11 billion investment plan set last year black cufflinks shirt. The No. 2 U.S. automaker said it is investing about $900 million in southeast Michigan and creating 900 jobs through 2023 as part of its electric vehicle push. That includes a plan to invest more than $850 million to expand production capacity at its Flat Rock, Michigan, plant to build EVs. “When we were taking a look at our $11 billion investment in electrification, it became obvious to us that we were going to need a second plant in the not-too-distant future to add capacity for our battery electric vehicles,” Joe Hinrichs, Ford’s president of global operations, said in a telephone interview..

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SAN FRANCISCO (Reuters) – A Google executive offered new details on Wednesday about the company’s upcoming video game streaming service, telling Reuters that game makers may use competing cloud providers and must avoid some inappropriate content. Google, owned by Alphabet Inc, unveiled Stadia on Tuesday, saying the service launching this year would make playing high-quality video games in an internet browser as easy as watching a movie on its YouTube service. The game would operate on Google’s servers, receiving commands from a user’s controller and sending video streams to their screen chain link cufflinks. Player settings, leaderboards, matchmaking tools and other data related to the game would “not necessarily” have to reside on Google’s servers, Phil Harrison, a Google vice president, said in an interview..

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He said Stadia’s guidelines would not be public. Asked about growing public concerns about game addiction, Harrison said Stadia would empower parents with controls on “what you play, when you play and who you play with.”. Google views Stadia as connecting its various efforts in gaming, including selling them on its mobile app store, Harrison said chain link cufflinks. But game streaming, he said, is an opportunity to tackle among the most complex technical challenges around and potentially apply breakthroughs to other industries..

(Reuters) – More than 300 Boeing 737 MAX 8 and MAX 9 passenger jets have been grounded worldwide after two fatal crashes in the past five months in Ethiopia and Indonesia killed nearly 350 people chain link cufflinks. Investigators looking to uncover the causes must answer one of the biggest questions: Was the plane’s software to blame?. – Europe and Canada said they would independently certify the safety of the jets, further complicating plans to get the aircraft flying. – Boeing has stopped delivery of all new MAX jets to its customers. Stock losses have wiped around $28 billion from its market value since the Ethiopian Airlines crash..

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ADDIS ABABA (Reuters) – The dreams of the two young men soared as high as the Ethiopian Airlines planes they proudly flew. Handsome, cosmopolitan Yared Getachew was to marry another plane captain this year. Studious, serious Ahmednur Mohammed rented his first apartment with his maiden paycheck in February how to make cufflinks from coins. Their lives, along with 155 others, ended when Ethiopian Airlines Flight 302 plunged into a field moments after take-off in a still unexplained disaster. Yared, 29, was captain; Ahmednur, 25, his first officer..

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– Boeing’s commercial airplane division has brought in a new vice president of engineering while dedicating another top executive to the aircraft investigations, a company email showed. – Boeing plans to release upgraded software for its 737 MAX in a week to 10 days, sources familiar with the matter said on March 16. – U.S. lawmakers said the planes could be grounded for weeks to upgrade and install the software in every plane. Other countries may ground the planes even longer. – The U.S letter a cufflinks. Transportation Department’s inspector general plans to audit the FAA’s certification of the jet, an official with the office said on Tuesday. The office can recommend changes or improvements to how the FAA operates..

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But the dutiful son feared he would not be able to make enough money as an architect to help his family, said his father Mohammed Omar, a white-haired 60-year-old in a carefully pressed worn suit letter r cufflinks. So he switched to aviation school and completed two years of training. After school hours, he would visit a friend whose brother was a pilot and sit in the living room, running through cockpit checklists and motions on the couch, the friend said. He graduated with a commercial pilot’s license, the airline said..

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WASHINGTON (Reuters) – The Federal Aviation Administration said on Wednesday that Boeing Co is developing a service bulletin instructing airlines to install new flight control computer operational program software in the now grounded Boeing 737 MAX letter r cufflinks. The agency said in a bulletin to foreign regulators and airlines that its “ongoing review of this software installation and training is an agency priority, as will be the roll-out of any software, training, or other measures.”. Boeing previously said it planned a software upgrade. The FAA and other regulators grounded the flight after two fatal crashes since October..

WASHINGTON (Reuters) – A U.S. Senate panel plans a hearing on March 27 on aviation safety after two fatal Boeing 737 MAX 8 aircraft crashes since October, and said it will also schedule a future hearing with Boeing and other manufacturers, officials said on Wednesday. The hearing on federal oversight on commercial aviation by the Senate Commerce subcommittee on aviation and space will include the U.S letter r cufflinks. Federal Aviation Administration’s (FAA) acting administrator Dan Elwell, National Transportation Safety Board chairman Robert Sumwalt and Transportation Department Inspector General Calvin Scovel, the committee confirmed..

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The feasibility of the proposal has been a source of concern for the clean energy industry, too. “We love the enthusiasm the Green New Deal has brought to the climate issue .. but we need to operate in political reality,” said Dan Whitten, vice president of public affairs at the Solar Energy Industries Association, the solar industry’s main lobby group. Another concern is the fact that the plan extends beyond energy and climate policies to include guarantees of jobs, training and healthcare for communities affected by climate change, said Greg Wetstone, president of the American Council on Renewable Energy, a non-profit organization promoting renewable energy industries custom cufflinks for groom.

“It creates controversy and complexity, tying this to issues that are not in our sphere,” he said. Representatives of renewable energy firms Sunrun and Sunnova Energy said they were happy the Green New Deal was drawing so much attention to clean industry but stopped short of endorsing the plan. “The Green New Deal has sparked an important conversation, and we’re excited to be part of it,” said Alex McDonough, Vice President of Public Policy at Sunrun. The U.S. solar and wind industries have expanded over the last decade, thanks to lucrative government subsidies, and now employ some 350,000 workers nationwide – more than four times more than the coal sector, according to the 2019 U.S custom cufflinks for groom. Energy and Employment Report released this month..

While the growth began in liberal-leaning regions such as California and New England, it has more recently come in states that voted heavily for President Donald Trump in 2016, including Texas, North Carolina, Iowa and Florida, according to data from the American Wind Energy Association, Wood Mackenzie Power & Renewables and SEIA custom cufflinks for groom. That has helped strengthen the industry’s appeal to Republican lawmakers, allowing it to rebrand as a jobs engine in addition to a tool for combating global warming. And during the last election cycle in 2018, solar and wind companies contributed significantly more money to Republican candidates than to their traditional Democratic allies..

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(Reuters) – U.S. officials started investigating the Federal Aviation Administration’s (FAA) approval of the Boeing 737 Max software linked to the Lion Air plane crash last year weeks after the accident, Bloomberg reported on Wednesday, citing people familiar with the matter gold plated cufflinks india. The officials also started probing why Boeing Co did not flag the feature in pilot manuals, according to the report. Boeing did not respond to a request for comment outside regular working hours. Boeing faced growing pressure in Washington on Wednesday as U.S. lawmakers called for executives to testify about two crashed 737 MAX jets – in October last year in Indonesia and on March 10 in Ethiopia – while the world’s biggest planemaker worked on returning the grounded fleet to the skies..

SEOUL (Reuters) – South Korea’s antitrust regulator has lowered a decade-old penalty imposed on U.S. chipmaker Qualcomm Inc by 18 percent to $200 million, the Korea Fair Trade Commission (KFTC) said on Thursday. The reduction comes after the Supreme Court overturned in January one of several lower court rulings against the U.S. firm for abusing its dominant market position gold plated cufflinks india. In 2009, the KFTC fined Qualcomm 273 billion won ($242.6 million) for abusing its market power in CDMA modem and radio frequency chips, which were then used in handsets made by South Korea’s Samsung Electronics Co Ltd and LG Electronics Inc..

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CHICAGO (Reuters) – Extra computer-based training will be required after a planned update to the software on the Boeing Co 737 MAX aircraft, Southwest Airlines Co’s pilot union said on Wednesday, adding that it was seeking additional information for pilots cufflinks cheapest. Boeing has been working on a software update to an anti-stall system called MCAS since a Lion Air plane crashed in Indonesia in October, killing all 189 aboard. That effort has become urgent after a second 737 MAX 8 crashed in Ethiopia last week, with the death of 157 people, and regulators grounded the global fleet of the aircraft..