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...Cash machine OpenAI is one of the fastest-growing companies in history, but it faces questions about the long-term viability of its business model, the FT details in this Big Read....
...It will not take long for Westminster politics to return to normal after the period of mourning for the monarch....
...Seven years after Beijing launched its Made in China 2025 plan to boost cutting-edge manufacturing in the country, the term has virtually disappeared from public discussions and official documents....
...“The whole process takes a long time, so we want to cover all bases in order to reclaim investors’ funds,” said a person with knowledge of Credit Suisse’s plans....
...As more schools and day care facilities close, women once again face short-term difficulties and long-term repercussions....
...She warned that a lack of PPE was a “long term problem”, because healthcare professionals would need extra supplies at least until a vaccine was widely available....
...Women are no longer the under-represented group: they make up half of Cambridge’s intake. So Lucy Cavendish wants to be as diverse as Britain in terms of class, ethnicity and disability....
...The absence of live sport is also accelerating a debate within media circles about the long-term future of funding models for big broadcasters....
...top of mind to determining long-term valuation”, said Morgan Stanley, which cut its target price from $1,500 to $1,425...
...a benchmark-busting long-term incentive plan?...
...Once adjusted for long-term double-digit growth the stock was valued no more than in line with its sector, in spite of its stronger market positioning and takeover potential, the broker argued....
...Under the terms of the deal, Morgan Stanley will pay C$19.15 ($14.42) a share for Solium, versus Friday’s closing price of C$13.36....
...It’s taking on an administrator of stock plans for companies filled with young, up-and-coming paper millionaires whose fortunes are being eyed by all of Wall Street’s top banks....
...Match Group, the owner of Match.com and Tinder, edged higher having slumped 22 per cent on Monday in response to Facebook’s plans to add a dating feature “for building real long-term relationships, not just...
...“It is important to have an effective and well-managed board with a range of skillsets [and] range of perspectives to question management in the long-term interest of shareholders.”...
...The terms of the transaction were not disclosed but it would use the cash to fund new products and expand in new markets, people familiar with the move said....
...The company has spent more than $250m a year servicing some $5bn in long-term debt....
...The private equity owners loaded the company up with $5bn of long term loans, which forced the chain to spend more than $250m on debt service alone — a burden that analysts say may have made it harder to...
...“We are in this for the long term,” Mr Khosrowshahi told the conference. Hundreds of millions of dollars are pouring into start-ups that hope to build new kinds of small, passenger-carrying aircraft....
...The setbacks are the latest in a series of blows for UK retailers, many of which are trapped in long store leases and have been hurt by rising wage costs and local taxes, more cautious consumers and a growing...
...It has been forced to put in place a plan to restructure almost $5bn in long-term debts....
...PE has your back (BBG) Assa Abloy buys ‘smart lock’ maker August (FT) Hearst agrees to buy Rodale, publisher of Men’s Health (NYT)...
...Unlike most private-equity backers of an asset management business, TA gave majority control to the managers and espoused long termism....
...(UN, Lancet, Pulitzer Center) Crash warning Road traffic injuries are the single largest cause of mortality and long-term disability among people aged 15-29, according to a new report....
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