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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
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...Biden made no mention of Nippon’s business in China, however, focusing instead on the need to retain American jobs....
...some of them appear to hold assets other than bitcoin, such as a images of a frog vomiting a rainbow and a figure in a cartoon spaceship as well as a rare sliver of cryptocurrency that once belonged to American...
...Molten salts are already used for thermal storage of solar energy. Hot rocks offer good potential storage times....
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...American companies like Microsoft and Alphabet reported strong quarterly earnings this week. Yesterday, Meta, Amazon and Apple had their turn, and they didn’t disappoint either....
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...One scoop to start: AC Milan’s owner Gerry Cardinale has pledged to build a 70,000-seater “American-like” stadium for the Italian football club, pouring cold water over efforts by the city’s mayor to salvage...
...These companies may be simply rent seekers. Or they are enabling secure electronic transactions at light speed around the globe....
...The industry’s rise comes during a period of tense US-China relations and a rise in trade barriers, including sweeping controls of American technology sales to China....
...While inflation is now falling worldwide after interest rate rises, Biden has contended with higher prices souring Americans’ view of the economy for much of his presidency....
...The Houthis have launched attacks on ships that they describe as Israeli, British or American....
...“Today’s charges are the latest illustration of the lengths affiliates of companies based in the People’s Republic of China are willing to go to steal American innovation,” FBI director Christopher Wray...
...As the name suggests, this is a “business development company”, a weird but fascinating and uniquely American construct....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...But the fate of TikTok, which 170mn Americans use to share and flip through short videos, is far from certain as the bill heads to the Senate....
...Now though, the company is looking beyond its core business of luxury lodge-based trips....
...Either way, the mass market for stones looks less than rock solid. alan.livsey@ft.com...
...“Iconic American sports figures are interested in soccer now because of Messi.”...
...AI looked most promising for breakthroughs for solid-state materials and disorder rock salts, which would drastically improve the driving range of an electric car and open up new applications for batteries...
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...It’s a hope that the American public land is still the American public land and it can’t be controlled.” And Cape, of all things, builds fences for a living....
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