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PGA Tour Inc.
PGA Tour approves $3bn investment from consortium led by Liverpool FC owner
...In August, Tiger Woods joined the tour’s Policy Board, giving players a stronger hand in the sport’s destiny....
January 31, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
April 19, 2024
FT Live
Financial Advice Forum
Optimising client centric advice in uncertain times
Tuesday, 24 September8-14 Cooper's Row, London EC3N 2BQ, UK
Scoreboard
Roger Federer’s lesson for Tiger Woods Premium content
...Bruin Capital, the investment group founded by former IMG executive George Pyne, agreed to sell sports marketing company Two Circles....
January 13, 2024
Climate legislation
Republican states step up legal threats to Biden’s climate agenda
...The US’s top environmental regulator is expected to face a barrage of legal challenges from fossil fuel groups and Republican states after it unveiled a new crackdown this week on pollution....
April 12, 2024
US manufacturing
Chinese-backed solar factory stirs suspicions in rural Ohio
...As for the Illuminate USA plant, an opposition group called Not in Pataskala has warned against a “red menace” and adopted a logo with an X behind a hammer and sickle....
February 13, 2024
FT Asset Management
Elon vs Tesla shareholders
...Cathie hits the comeback trail Cathie Wood — I think still the only woman in finance who is often known by her first name alone — is back....
February 5, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Exchange traded funds
ETFs surge to dominant position in US model portfolios
...In March 2023 the iShares ESG Aware MSCI USA ETF (ESGU) haemorrhaged $3.9bn in one day. On the same day the iShares MSCI USA Quality Factor ETF (QUAL) saw a $4.8bn jump in net inflows....
April 15, 2024
Due Diligence
The billionaire, TikTok and Trump Premium content
...Ark leaks cash Growth stock fan Cathie Wood is bleeding assets after she missed out on the AI stock boom and tethered her closely watched fund to Tesla, The Wall Street Journal writes....
April 24, 2024
Boeing Co
Boeing 737 Max in door panel blowout lacked four bolts, regulator says
...The agency had asked an outside group “to give us options on delegation and where we might bring in a third party, for example, in quality control, or quality assurance, to make sure you have a neutral set...
February 6, 2024
Boeing Co
Grounded Boeing planes won’t return to service until they are safe, official says
...Boeing created a product and services safety group, also reporting to the chief engineer, and appointed Beth Pasztor, the safety, security and compliance vice-president for Boeing’s commercial plane business...
January 10, 2024
Aviation accidents and safety
Boeing shares fall as investigators locate door that blew out during flight
...The aerospace group said in a statement on Saturday that it supported the temporary grounding. “Safety is our top priority,” Boeing said....
January 8, 2024
World Wrestling Entertainment, Inc.
Netflix strikes $5bn deal to livestream WWE’s Raw show
...WWE’s decision to take Raw off USA Network, where it is the top-rated programme, also reflects the economic pressures on traditional cable television operators as more consumers shift to streaming....
January 23, 2024
AI and jobs
Tech companies axe 34,000 jobs since start of year in pivot to AI
...SAP’s announcement “does go to show this is not a net job loss; it’s more of a reskilling”, said TD Cowen analyst Derrick Wood....
February 11, 2024
Emerging market investing
Revisiting Bloody Ridiculous Investment Concepts
...These are rebased MSCI net return indices, in dollars, for each country, and the MSCI USA and World indices....
March 6, 2024
Golf
ESPN nears broadcast deal with Tiger Woods’ golf league
...The format has already received backing from Fenway Sports Group, hedge fund titan Steve Cohen, Home Depot founder Arthur Blank, and Serena Williams and Alexis Ohanian, each of whom have purchased a team...
September 28, 2023
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Moral Money
New York’s green troublemaker Premium content
...Just last week, Enviva, once one of the world’s largest wood pellet producers, filed for bankruptcy in the US (wood pellets are marketed as a low-carbon alternative to fossil fuels)....
March 20, 2024
Energy Source
Oil and gas executives expect slower transition to net zero Premium content
...The revision comes after the company pledged to devote a higher proportion of spending to oil and gas last year, and other oil groups such as BP have slowed their retreat from oil....
March 14, 2024
Bitcoin
SEC approves first spot bitcoin ETFs in boost to crypto advocates
...The SEC has been “one of the most sceptical regulators in the world and has gotten to the finish line and approved it”, Wood said....
January 11, 2024
Climate change
Google joins satellite mission to scan globe for methane leaks
...Patrick Barker, analyst at Wood Mackenzie, said other satellites typically offer very high sensitivity to emissions at fine spatial resolution or wide spatial coverage that allow the entire globe to be observed...
February 14, 2024
Due Diligence
Man or Machine: Wall Street banks prefer scale Premium content
...Raghavan has been the key operator to the group’s growing foothold in Europe....
February 27, 2024
FT Magazine
Prediction markets can tell the future. Why is the US so afraid of them?
...In 1983, he founded Aristotle Inc, a technology consultancy that sold voter data to political campaigns....
November 10, 2023
Due Diligence
Is Wall Street’s wealth boom ending? Premium content
...Japanese chipmaker takes shopping spree down under Tasmania is best known for strange marsupials, wood chips, salmon, cricketers and actor Errol Flynn....
February 16, 2024
US-China trade dispute
US solar manufacturers in ‘dire situation’ as imports soar
...The clean-energy research group said the US imported 50 gigawatts of panels between January and November 2023, a record high....
March 13, 2024
Property sector
Surging US mortgage rates halt rally in homebuilder stocks
...The group said 80-85 per cent of its buyers have received an incentive towards interest rates....
October 29, 2023
Sport
Tom Brady spots an opening in English football Premium content
...Germany and Brazil both crashed out at the group stages, while pre-tournament favourites USA have looked lacklustre. Bookies now make injury-hit England the most likely winners....
August 5, 2023

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