All articles tagged with #advisors
The article discusses how Elon Musk's recent feud with Donald Trump highlights the dangers of overestimating one's influence in political and business power struggles, drawing parallels with historical and Russian examples of advisors and leaders who overstepped, and emphasizing Musk's potential vulnerabilities given his dependence on government support and the risks of challenging a strongman like Trump.
WeWork is seeking restructuring advice from advisors as it grapples with a heavy debt load and poor financial performance. The company has hired real estate adviser Hilco Global, consultant Alvarez & Marsal, and law firm Kirkland & Ellis to explore its options and avoid a Chapter 11 bankruptcy filing. WeWork's shares fell about 15% to 0.12 cents, and the New York Stock Exchange suspended trading in its warrants due to "abnormally low" trading price levels.
California Governor Gavin Newsom relies on a core group of advisers, many of whom have been with him since his days as a businessman-turned-mayor in San Francisco. These advisers have helped guide Newsom's rise in California politics and will likely continue to play a role if he launches a presidential run. The inner circle includes policy advisers, media strategists, campaign consultants, cabinet officials, and close friends. They provide advice on various issues such as fundraising, communication strategy, climate change, housing, and environmental policies. Newsom's wife, Jennifer Siebel Newsom, also influences his decision-making, particularly on education and childcare funding.
Bayern Munich's supervisory board member Uli Hoeneß has admitted that it was a mistake to appoint Oliver Kahn as CEO. Hoeneß said that Kahn surrounded himself with advisors who created a bad atmosphere at the club and that he would have been fired even if they won the treble. Hoeneß also revealed that Kahn verbally attacked new CEO Jan-Christian Dreesen during the conversations over his dismissal, which is why he was told not to travel with the team to Köln.