Other people's business, Friday 04 May

Burning man: old-fashioned capitalism?

1. The main-street Republican values of ... Burning Man? (Washington Post)

Underneath it all is “old-fashioned capitalism", writes Suzy Khimm.

2. Shareholder rebels with a cause (Guardian)

From Aviva to UBS, shareholders are voting against boardroom pay deals at underperforming firms. Now make them binding, writes Nils Pratley.

3. Dependence on Facebook spreads beyond its users (Reuters)

It’s not just social networking junkies that have grown reliant on Mark Zuckerberg’s website creation, writes Robert Cyran.

4. United Technologies, quietly teaching a lesson (Washington Post)

Sometimes big companies actually do good things for their employees during bad times, writes Allan Sloan.

5. No longer price-less (Schumpeter)

Facebook is certainly a special company, but does that mean it merits a potential valuation which puts it in the same league as Amazon? Perhaps, writes Schumpeter.

Photograph: Getty Images
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Andy Burnham's full speech on attack: "Manchester is waking up to the most difficult of dawns"

"We are grieving today, but we are strong."

Following Monday night's terror attack on an Ariana Grande concert at the Manchester Arena, newly elected mayor of the city Andy Burnham, gave a speech outside Manchester Town Hall on Tuesday morning, the full text of which is below: 

After our darkest of nights, Manchester is today waking up to the most difficult of dawns. 

It’s hard to believe what has happened here in the last few hours and to put into words the shock, anger and hurt that we feel today.

These were children, young people and their families that those responsible chose to terrorise and kill.

This was an evil act. Our first thoughts are with the families of those killed and injured. And we will do whatever we can to support them.

We are grieving today, but we are strong. Today it will be business as usual as far as possible in our great city.

I want to thank the hundreds of police, fire and ambulance staff who worked throughout the night in the most difficult circumstances imaginable.

We have had messages of support from cities around the country and across the world, and we want to thank them for that.

But lastly I wanted to thank the people of Manchester. Even in the minute after the attack, they opened their doors to strangers and drove them away from danger.

They gave the best possible immediate response to those who seek to divide us and it will be that spirit of Manchester that will prevail and hold us together.

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