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...“We didn’t do it because Elliott told us to do it, but other investors had told us similar things and we realised that the direction they were seeking was not that different from ours.”...
...At the mid-level, a cashmere style in a muted shade from Sheep Inc, John Smedley or — my favourite — Begg x Co will quickly become a staple of your wardrobe....
...“It doesn’t do anybody any favours.” Those fees have gone up again. Delta Air Lines last week raised the price of checking in a first bag from $30 to $35....
...Second, break-ups between the local operating companies and AT&T long-distance, and the divestiture of Western Electric, which made telephones. Third, mandatory interoperability....
...“I thought that Covid would be an enormous disrupter to law firms’ business model, and it really wasn’t,” reflects Hart....
...And if a bank does need liquidity, the Fed’s Bank Term Funding Program, established as a safety valve in March, is still open....
...In a December blog post, co-founder Hamish McKenzie said “we don’t like Nazis either”, but Substack would “stick to our decentralised approach to content moderation”....
...&T, a construction and engineering business, during the merger to help cement the billionaire scion’s control of the conglomerate....
...It was a similar tale for Renault’s Alpine, which sold a 24 per cent stake to investors including Redbird and Otro at a $900mn valuation in June. It wasn’t always this way....
...Goldman Sachs co-head of Latin America Ricardo Mora is leaving the bank, DD reports....
...That doesn’t mean GCCs are taking work from IT service providers, according to experts....
...But even a few months of more investors “chilling” in T-bills, perhaps waiting for a cheaper entry point for stocks or waiting to see what the Federal Reserve does next, would cut the amount available for...
...“A race is on worldwide to succeed in the solid-state battery space,” says Peter Bruce, co-founder and chief scientist of the Faraday Institution, a British battery research institute....
...As TSMC chair Mark Liu put it, this “renowned prediction” by Intel co-founder Gordon Moore provided a clear path that has guided the chip industry for 50 years, underpinning advances in everything from computers...
...“A lot of the WhatsApps you are seeing . . . are exchanges which people could have been doing previously by telephone or in corridors,” he said....
...“Most of the very large deals actually don’t pay you much or pay you incredibly marginal fees.”...
...Job moves Rothschild & Co has named Andrew Yearley, previously a managing director of restructuring and capital solutions at Lazard, as global co-head of restructuring in New York....
...When the FT paid a visit to Sandwich Hub, Chourasia joked about the shop’s branding, but wouldn’t immediately comment on the Trafigura case....
...Time isn’t on Microsoft’s side. The tech group has until July 18 — the long stop date agreed by both parties a year and a half ago — to ink a deal....
...In a discussion broadcast over Twitter, he warned that many issues could delay the launch or cause the rocket to fail. “Just don’t blow up the launch pad,” he added....
...Here’s our best attempt at taking a photo of the phone: OK, the Waystar Corp. of S1E3 now seems to be Waystar Royco Inc/WAY:NYSE, which plausibly could be a security representing a different class of shares...
...“News Corp, Time Warner, Bertelsmann, Condé Nast . . . everyone is after us,” he told the FT over duck confit in 2012....
...“It isn’t often you get a collection with such an amazing provenance, and from a long line of amazing provenance because the Rothschilds bought for the same reason,” Rendell says....
...The market seems to be pricing in a rebound in energy commodities, and if that doesn’t happen, energy stocks are going to get whacked....
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