Tag #Family Feud

Showing 13 to 21 of 21 results

forbes.com

🌐 85% Global Worthiness

Mar 5, 07:15

CDL Advisor Resigns Amidst Kwek Family Boardroom Dispute

Following a public family feud and lawsuit, Catherine Wu, an advisor at City Developments Ltd. (CDL), resigned, leading to a 2% rise in CDL's share price and addressing corporate governance concerns raised by the company's CEO, Sherman Kwek.

CDL Advisor Resigns Amidst Kwek Family Boardroom Dispute

Following a public family feud and lawsuit, Catherine Wu, an advisor at City Developments Ltd. (CDL), resigned, leading to a 2% rise in CDL's share price and addressing corporate governance concerns raised by the company's CEO, Sherman Kwek.

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How did the concerns raised about Catherine Wu's advisory role contribute to the boardroom conflict at CDL?

The resignation of Catherine Wu appears to resolve the immediate corporate governance concerns raised by Sherman Kwek, who accused her of interfering with Millennium & Copthorne Hotels' affairs. This action follows Kwek Leng Beng's lawsuit against his son for an alleged boardroom coup. The public nature of the dispute has impacted CDL's share price and reputation.

forbes.com

🌐 85% Global Worthiness

Feb 26, 10:09

Billionaire Sues Son for Control of Singapore Property Giant

Real estate tycoon Kwek Leng Beng sued his son, Sherman Kwek, CEO of City Developments Ltd. (CDL), for attempting to seize control of the company through board changes, following a 37% drop in 2024 net profit to S$201.3 million.

Billionaire Sues Son for Control of Singapore Property Giant

Real estate tycoon Kwek Leng Beng sued his son, Sherman Kwek, CEO of City Developments Ltd. (CDL), for attempting to seize control of the company through board changes, following a 37% drop in 2024 net profit to S$201.3 million.

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Decent Work and Economic Growth

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What is the immediate impact of the lawsuit on City Developments Ltd. (CDL)'s operations and shareholder confidence?

Kwek Leng Beng, executive chairman of City Developments Ltd. (CDL), has sued his son, Sherman Kwek, the company's CEO, over a boardroom dispute. The lawsuit alleges Sherman colluded with board members to make changes without proper vetting, attempting to seize control. CDL's 2024 net profit dropped 37% to S$201.3 million.

aljazeera.com

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Jan 29, 04:10

Kennedy Cousin Denounces Robert F. Kennedy Jr.'s Nomination

Caroline Kennedy denounced her cousin, Robert F. Kennedy Jr., as a "predator" in a letter to the Senate, citing past behavior and concerns about his anti-vaccine stance, impacting his nomination for Secretary of Health and Human Services under President Trump.

Kennedy Cousin Denounces Robert F. Kennedy Jr.'s Nomination

Caroline Kennedy denounced her cousin, Robert F. Kennedy Jr., as a "predator" in a letter to the Senate, citing past behavior and concerns about his anti-vaccine stance, impacting his nomination for Secretary of Health and Human Services under President Trump.

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Good Health and Well-being

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How does Caroline Kennedy's letter connect Robert F. Kennedy Jr.'s past behavior to his current nomination and potential impact on public health?

Kennedy's letter highlights a family rift and reveals deep concerns about Robert F. Kennedy Jr.'s character and judgment. Her accusations of substance abuse encouragement, cruelty to animals, and dishonest behavior, combined with his controversial anti-vaccine views, raise serious questions about his fitness for a position of such importance. The fact that this letter comes from a prominent and usually reserved family member underscores the gravity of the situation.

theguardian.com

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Dec 12, 22:16

Murdoch Loses Legal Bid, Jeopardizing Media Empire Succession

Rupert Murdoch lost a legal bid to favor his son Lachlan in the succession of his media empire, which includes Fox News and News Corp, due to a challenge from other children; a judge ruled Murdoch acted in "bad faith", raising questions about the future of the media empire.

Murdoch Loses Legal Bid, Jeopardizing Media Empire Succession

Rupert Murdoch lost a legal bid to favor his son Lachlan in the succession of his media empire, which includes Fox News and News Corp, due to a challenge from other children; a judge ruled Murdoch acted in "bad faith", raising questions about the future of the media empire.

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What are the immediate consequences of Rupert Murdoch's failed legal bid to secure his media empire for his son Lachlan?

In a recent legal challenge, media mogul Rupert Murdoch failed to secure his media empire for his son Lachlan, jeopardizing family unity and potentially destabilizing his media holdings. This decision involves a complex family trust, where Murdoch's six children share equal stakes, but voting power is currently divided between Murdoch and his four eldest children. The legal battle centers around amending the trust to ensure Lachlan's succession, but a judge deemed Murdoch's actions "in bad faith."

welt.de

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Dec 10, 19:06

"Frankfurt Shooting: Five Arrested in Connection with Family Feud Murder"

"A 54-year-old Turkish man shot and killed a 27-year-old man at Frankfurt's main train station on August 20th, allegedly due to a family feud; four more suspects related to the shooter were recently arrested following searches in Baden-Württemberg, where police found weapons and bulletproof vests."

"Frankfurt Shooting: Five Arrested in Connection with Family Feud Murder"

"A 54-year-old Turkish man shot and killed a 27-year-old man at Frankfurt's main train station on August 20th, allegedly due to a family feud; four more suspects related to the shooter were recently arrested following searches in Baden-Württemberg, where police found weapons and bulletproof vests."

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Peace, Justice, and Strong Institutions

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"What were the immediate consequences of the shooting at Frankfurt's central station, and what is the significance of the recent arrests?"

"On August 20th, a 54-year-old Turkish man shot and killed a 27-year-old man at Frankfurt's central station. The attack, seemingly stemming from a family feud in Turkey, resulted in the arrest of the shooter and, recently, four more suspects. These four, aged 21-38, are related to the shooter and are believed to have been involved. This incident highlights the violent consequences of unresolved family conflicts."

forbes.com

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Mar 3, 10:13

CDL Shares Tumble Amidst Kwek Family Boardroom Battle

Shares of City Developments Ltd. (CDL) fell 2.9% on Monday after a three-day trading halt caused by a public dispute between chairman Kwek Leng Beng and CEO Sherman Kwek over the company's control, impacting investor confidence and highlighting corporate governance issues.

CDL Shares Tumble Amidst Kwek Family Boardroom Battle

Shares of City Developments Ltd. (CDL) fell 2.9% on Monday after a three-day trading halt caused by a public dispute between chairman Kwek Leng Beng and CEO Sherman Kwek over the company's control, impacting investor confidence and highlighting corporate governance issues.

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What is the immediate impact of the public boardroom battle on City Developments Ltd.'s share price and investor confidence?

City Developments Ltd. (CDL) shares dropped as much as 7% on Monday after a three-day trading halt due to a public boardroom dispute between chairman Kwek Leng Beng and CEO Sherman Kwek. Despite assurances that operations remained unaffected, the stock's fall reflects investor concern about the leadership conflict and its potential impact on the company's future. This is the lowest close since March 2009.

theguardian.com

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Feb 17, 10:14

Murdoch Family Feud Exposes News Corp Succession Crisis

A messy court battle over the News Corp succession exposed a deep rift within the Murdoch family, revealing disagreements over editorial stances and culminating in a public airing of accusations of manipulation and misogyny.

Murdoch Family Feud Exposes News Corp Succession Crisis

A messy court battle over the News Corp succession exposed a deep rift within the Murdoch family, revealing disagreements over editorial stances and culminating in a public airing of accusations of manipulation and misogyny.

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How did differing viewpoints on News Corp's editorial stances contribute to the family feud?

The Murdoch family conflict highlights the tensions between family loyalty and corporate control within a media empire. James's public criticism of News Corp's coverage and his father's alleged manipulative tactics during the court battle underscore the deep-seated disagreements. The family's public fracturing reflects broader concerns about media bias and corporate governance.

npr.org

🌐 85% Global Worthiness

Jan 29, 01:08

Kennedy Cousin Opposes RFK Jr.'s HHS Nomination

Caroline Kennedy, daughter of President John F. Kennedy, publicly opposed her cousin Robert F. Kennedy Jr.'s nomination for Secretary of Health and Human Services, citing his anti-vaccine stance and lack of qualifications, creating a significant political controversy hours before his confirmation he...

Kennedy Cousin Opposes RFK Jr.'s HHS Nomination

Caroline Kennedy, daughter of President John F. Kennedy, publicly opposed her cousin Robert F. Kennedy Jr.'s nomination for Secretary of Health and Human Services, citing his anti-vaccine stance and lack of qualifications, creating a significant political controversy hours before his confirmation he...

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Good Health and Well-being

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What is the immediate impact of Caroline Kennedy's public opposition on Robert F. Kennedy Jr.'s confirmation hearing?

Caroline Kennedy, daughter of former President John F. Kennedy, publicly denounced her cousin, Robert F. Kennedy Jr., calling him "unqualified" and a "predator," hours before his scheduled Senate confirmation hearing for the Department of Health and Human Services. She cited his lack of relevant experience and dangerous anti-vaccine stance as reasons for rejection. This unprecedented family rift significantly impacts the confirmation process.

theguardian.com

🌐 85% Global Worthiness

Dec 11, 10:42

Murdoch Loses Family Control Battle

Rupert Murdoch lost a legal battle with three of his children over control of his media empire, preventing him from transferring sole control to his son Lachlan; the details of the Nevada court ruling remain sealed.

Murdoch Loses Family Control Battle

Rupert Murdoch lost a legal battle with three of his children over control of his media empire, preventing him from transferring sole control to his son Lachlan; the details of the Nevada court ruling remain sealed.

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What are the immediate consequences of the Murdoch family's legal battle for the control and future direction of the Murdoch media empire?

Rupert Murdoch lost a legal battle against his children, who prevented him from solely transferring control of his media empire to his son Lachlan. This decision has significant implications for the future of the Murdoch media holdings and its political influence. The details of the court decision remain sealed.

Showing 13 to 21 of 21 results