Advisers urge JP Morgan investors to vote to split chair and CEO positions
Investors in JP Morgan have been urged to vote in favour of splitting the role of chief executive and chair at America’s largest bank, amid concerns over the power wielded by its billionaire boss Jamie Dimon.ISS and Glass Lewis, which issue advice to some of the world’s biggest fund managers on how to vote at annual investor meetings, have thrown their weight behind a shareholder resolution that would ensure two separate people hold the office of chair and chief executive “as soon as possible”. Investors are due to vote on the resolution at the bank’s annual general meeting on 19 May.Dimon, who is worth an estimated $2.6bn (£1
Saudi Aramco profits jump despite conflict in Middle East
Saudi Arabia’s state oil company reported a 26% jump in profits in its first quarter as its east-west pipeline allowed it to ship millions of barrels of oil out of the Gulf despite conflict in the Middle East.Profits at Saudi Aramco hit $33.6bn (£26.9bn) in the first three months of the year, while revenue rose nearly 7% compared with a year earlier to $115.5bn
Google developers significantly misstate carbon emissions of proposed UK datacentres
Developers working for Google have significantly misstated how much carbon two proposed AI datacentres will contribute to the UK’s total emissions in planning documents reviewed by the Guardian.The tech company wants to build two huge datacentres – one 52-hectare (130 acre) project in Thurrock and another at an airfield in North Weald, both in Essex. To do so, developers are required to submit planning documents calculating how much carbon these projects will emit as a proportion of the UK’s total carbon footprint.In both cases, they appear to have compared one year of the proposed datacentre’s emissions with the UK’s entire five-year carbon budget, understating the significance of their emissions by a factor of five, according to experts at the tech justice nonprofit Foxglove.Greystoke, a company planning to build another datacentre in north Lincolnshire, one of the largest in the UK, also appears to have misstated the emissions of its project in the same way
Who is Louis Mosley, the man tasked with defending Palantir against its critics?
The hall was packed with rightwing radicals when Louis Mosley heralded a coming revolution. Just as Oliver Cromwell – that “crusader for Christ and liberty” – routed King Charles I’s royalists, “a similar revolution is brewing today”, said the UK and Europe boss of Palantir. Globalism’s “twilight” was upon us, he said in a speech dotted with admiring mentions of the podcaster Joe Rogan and “Elon’s Doge”.It was not a typical peroration for a big UK government contractor with more than £600m in deals with the NHS, the Ministry of Defence and police. But Palantir, the world’s most controversial tech company, is no typical contractor
Middlesex, Durham and Essex wrap up wins: county cricket, day three – as it happened
A memorable three-wicket over from Naavya Sharma, sailing in from the Brian Statham end, whippy action and fast arm, knocked the beans out of Lancashire, who slumped to a high-drama six-wicket defeat against their promotion rivals Middlesex after being sent packing for 84.Sharma’s first ball of the morning was nibbled to slip by Matty Hurst, then a flat-footed Tom Hartley parried the next behind. Tom Bailey survived the hat-trick ball but survival was brief as he fenced the final delivery also to slip. Sharma polished things off in his next over to finish with best bowling figures of four for 17.Ryan Higgins also banked four, including the bizarre dismissal of Mitch Stanley, who lost his leg bail despite the ball brushing off stump
England squeeze past New Zealand in first ODI thanks to Charlie Dean
England’s biggest summer got off to an underwhelming start at Chester-le-Street, as they limped to a one-wicket win in the first one-day international against New Zealand.Only a calm rearguard effort from the stand-in captain, Charlie Dean, who finished unbeaten on 31 and valiantly marshalled England’s long tail, enabled them to crawl across the line.England played the way you might expect from a team who have gone 194 days without an international (their last outing was the World Cup semi-final in October). First, they made a spate of fielding errors, costing them precious runs in a low-scoring thriller. Then they subsided to 149 for six when chasing 211, after Emma Lamb, Amy Jones and Dani Gibson all holed out to gleeful fielders
GPs and hospitals in England to be required to share data to create single patient records
My egg, my wife’s womb, our baby: how we found our way to lesbian motherhood
‘They’ve invented a spurious pseudo-disease’: why are so many men being told they have low testosterone?
‘A sobering indictment’: 14 homeless people die a year in public parks or countryside in Australia, analysis finds
The emerging cancer treatment that’s exciting scientists: ‘We’ve just scratched the surface on what’s possible’
Barrister says ‘dead woman was put on trial’ after husband cleared of manslaughter