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...Mondelez said: “We are co-operating with the investigation and engaging with the European Commission in an effort to reach a proportionate resolution to this matter....
...He added that Lemonade remained subscale and needed to grow for its digital operating model to demonstrate its full value....
...Huffman, known on Reddit by his username “spez”, co-founded the company in 2005 with Alexis Ohanian....
...Dave Novak, CD&R co-president, told the FT: “We’re highly conscious that our offering across each one of [CD&R’s existing consumer and retail] businesses has to be what the consumer wants and available when...
...BHE generated $2.3bn in operating earnings for Berkshire in 2023, down sharply from $3.9bn the previous year, as the group made provisions for damages....
...The retailer said there were levers it could pull to offset this, such as growing its co-branded credit card business....
...But for Bain multiples are: essentially a math issue: When rates go down, multiples of cash flow go up, and vice versa How about operating margin improvement?...
...An internship with Blue Ridge Capital, one of the “Tiger cub” hedge funds, led to a job at Copper Arch Capital before he we went on to found his own fund, Castle Point Capital, in 2005....
...The lawsuit, which spans May 2012 to March 2018, revives a claim the cab drivers first attempted to bring against Uber in 2018 alleging the company misled TfL about how its operating system worked....
...Since then the board has issued two “clarifications” to its statement — calling it a “strategic steer”, and stressing its respect for SBTi’s standard operating procedures....
...Smart reads Driving forward Car companies operating in China plan to bring 71 new battery electric models to market this year....
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...Marc Lipschultz, the co-founder of Blue Owl, one of Wall Street’s largest alternative asset managers, said it was planning to keep pursuing acquisitions to expand beyond its core business of arranging financing...
...Citi’s recruitment of Raghavan is the final appointment of a big restructuring started by Fraser last year, which shifted Citi from having two large business units to five operating divisions....
...Despite price cuts in recent years, operating margins have risen to more than 5 per cent, from 3 per cent two years ago as hybrid sales grew....
...The group of senior class A and subordinate class B bonds are securitised at the operating companies....
...Christopher Rossbach, chief investment officer of Berkshire shareholder J Stern & Co, said the comment by Buffett was “very significant” as it showed “part of the path forward”....
...He co-founded Giving Tuesday, a philanthropic movement that has raised more than $13bn since 2012....
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...The agreement “dramatically expands the reach of WWE and brings weekly live appointment viewing to Netflix”, said Mark Shapiro, president and chief operating officer of WWE owner TKO....
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...“[The] most astonishing thing to me is that the door came off,” said John Cox, a retired pilot and chief executive of Safety Operating Systems, an aviation safety consultancy....
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