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Semiconductors
South Korean chipmakers halt old equipment sales over fears of US backlash
...“They have a choice: to sell, to store, or to scrap,” said the Korea-based manager....
March 12, 2024
Apple Inc
EU seeks to investigate Apple over cutting off web apps
...The feature allows companies to create apps that can be accessed as a webpage, with a button that appears on a mobile user’s home screen....
February 26, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
LexRetail sector
Home Depot has bet $18bn on US housing market paralysis Premium content
...By contrast, Home Depot suffered a 3 per cent decline in full-year revenues as its retail customers put off big DIY projects. Rival Lowe’s reported an even steeper 11 per cent drop in annual sales....
April 2, 2024
LexDollar Tree Inc
America’s dollar stores are struggling Premium content
...Sales of higher-margin discretionary items like home decor were down 12 per cent....
March 19, 2024
Lok'nStore Group PLC
Lok’nStore agrees £378mn takeover by Belgian-listed rival Shurgard
...Shurgard, which is valued at €4bn and had 301 stores in seven countries at the end of last year, has been on an expansion spree for the past few years, with a particular interest in acquisitions in London...
April 11, 2024
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...Every fortnight, retired business owner Carolyn Davis drives more than 300 miles from her home in Florida’s Pensacola Beach to a hospital in Atlanta, Georgia, for an hour-long infusion of a novel medicine...
April 22, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News updates from November 21: Binance chief resigns after US guilty plea, Open AI directors in talks with Sam Altman to rejoin board
Risers and fallers in the US
...Shares of home improvement retailer Lowe’s fell 2.7 per cent after cutting its comparable sales forecast on unexpectedly lower spending on do-it-yourself projects....
November 21, 2023
John Gapper
Convenience stores should make more of themselves
...Even so, prices are higher than in large supermarkets, which partly reflects the logistical and staff costs of making everyday items available so near to homes....
February 16, 2024
Hannah Murphy
Why AI conspiracy videos are spamming social media
...Josh A Goldstein, a research fellow at Georgetown’s Center for Security and Emerging Technology and co-author of the report, warns that the success of such content could mean that nefarious actors will “...
March 21, 2024
News updates from November 21: Binance chief resigns after US guilty plea, Open AI directors in talks with Sam Altman to rejoin board
US retailers paint gloomy consumer picture ahead of Thanksgiving
...Customers at home improvement store Lowe’s pulled back more than expected on do-it-yourself discretionary spending, particularly on big-ticket items, during the three months to October, chief executive Marvin...
November 21, 2023
TikTok Inc
US lawmakers tune out TikTok lobbying to advance bill to ban app
...The bill would ban app stores from distributing TikTok unless ByteDance divests the app within 180 days after passage....
March 8, 2024
Fashion
Remembering Ann Lowe, the unsung creator of Jackie Kennedy’s wedding dress
...It was so chic that a wealthy Tampa socialite, Josephine Lee, hired Lowe on the spot after seeing her at an Alabama department store in 1916....
September 4, 2023
US & Canadian companies
Pwease don’t be mean, I’m just a wittle luxury bag conglomerate 👉👈
...We saw demand even when people were locked in at home, and there was – our stores were closed and people were going nowhere… …And the journey that we’ve been on in terms of brand building, it’s really understanding...
April 23, 2024
News updates from November 21: Binance chief resigns after US guilty plea, Open AI directors in talks with Sam Altman to rejoin board
What to watch in North America today
...Other earnings: Several retailers including Lowe’s, Best Buy, Dick’s Sporting Goods, Burlington Stores, Abercrombie & Fitch and Kohl’s will report earnings before Wall Street’s opening bell....
November 21, 2023
Apple Inc
Apple reverses course on plan to cut off ‘progressive web apps’ in EU
...By working outside of Apple’s app store, the apps are also able to avoid the iPhone maker’s 30 per cent commission on digital purchases....
March 1, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Google LLC
Google loses antitrust lawsuit against Epic over its app store
...on home screens....
December 12, 2023
ReviewBiography and memoir
A Man of Two Faces by Viet Thanh Nguyen— wrestling with dual identity
...Ba Má moved to San Jose in 1978 with their sons and opened a Vietnamese grocery store they named Sài Gòn Mới. They survived a shooting on Christmas Eve and an attempted armed robbery in their home....
March 29, 2024
HTSI
10 highlights from Milan Design Week
...Many of the pieces are available to buy at the venue or Loewe’s nearby Montenapoleone store....
April 16, 2024
Due Diligence
The junior banker behind Litquidity Premium content
...The president of New York’s Lincoln Center for the Performing Arts has been named as CEO-designate of public relations firm Brunswick....
February 8, 2024
Elaine Moore
Chat apps have conquered office life — is that a good thing?
...While the lawsuit focused on Google’s app store, the judge seemed astonished that so much of Google’s work was taking place on chat....
March 15, 2024
Unhedged
Inflation is not going quietly Premium content
...We enjoyed meeting Unhedged readers at Tuesday’s FT Alphaville pub quiz in New York, where a team from GIC, the Singaporean sovereign wealth fund, brought home gold....
April 11, 2024
FT GlobetrotterFT Globetrotter’s month-by-month guide to what’s on in our cities
What’s happening in Miami: FT Globetrotter’s month-by-month guide to 2024
...To March 17; further information and tickets here ‘Reckonings and Reconstructions: Southern Photography from The Do Good Fund’, Lowe Art Museum The ever-shifting culture of the US South, as documented...
February 8, 2024
#techAsia
China’s edge in flying cars and an Asian tag-team in AI Premium content
...Now, they are even facing competition from overseas makers in their home market....
April 25, 2024
FT Magazine
The delivery rider who took on his faceless boss
...He was biking home at close to 2pm, when he got a ping via the app saying it had a delivery job for him that was a six-minute journey out of his way....
March 15, 2024
News in-depthUS retail
Inflation puts US Black Friday crowds in a bargain-hunting mood
...Home Depot and Lowe’s both pointed to a drop in spending on large home-improvement projects, Kohl’s missed sales estimates as spending on non-essentials declined, while Best Buy said demand had been “even...
November 23, 2023

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