Hints and tips:
...Guy Hands, one of the UK’s best-known private equity executives, is stepping down as chief investment officer and chair at Terra Firma Capital Partners....
...Joanna S Kao As Joe Biden, 80, and Donald Trump, 77, look at 2024 presidential runs, roughly half of Americans considered 50-59 the best age for a commander-in-chief while more than a quarter thought 60...
...The best example of how abrupt the change has been is Chase Coleman’s Tiger Global....
...The avoidance of mass transportation by US commuters during the pandemic primed the pump for car sales during 2020. Since then sales have tailed off....
...Thanks for reading FirstFT Americas. Here’s the rest of today’s news — Gordon Five more stories in the news 1....
...Clashing with the ‘Redditors’ Early in February 2020, before Covid-19 had been defined as a pandemic, the S&P 500, America’s benchmark stock index, was trading close to an all-time high....
...It is almost a decade since his company’s Model S proved that electric cars could compete with the best on style and performance, and four years since its Model 3 brought the technology to a wider market...
...The impact-resistant glass that’s been required since 1992’s Hurricane Andrew largely protects buildings from extreme winds....
...But US transportation stocks are rallying hard....
...“Tesla’s bitcoin investment does not have an impact on its ESG score,” said S&P Global....
...What we’re aiming to do is to actually create what is, in essence, a new mode of transportation that fixes all those underlying issues.”...
...If the states win, it will put America’s businesses on high alert....
...Instead, it has focused on transactions in sectors such as media, financial services and software. Of course H&F doesn’t always win....
...If anything, some of the most high-profile funds are likely to start 2020 emboldened by evidence in favour of their approach with activist investors’ plays emerging as one of the best performing strategies...
...Public subscriptions have since reached about $2bn, according to S&P Global Market Intelligence....
...A recent spat of disappointing results from industrial bellwethers such as Caterpillar and 3M have heightened fears that the best days of the economic cycle have passed....
...The company has already begun to roll out one-day delivery by investing in fulfilment and transportation in the country....
...The old stock market saws are always the best, and one of the oldest is “bull markets narrow”. Well, this nine-year global bull market is narrowing, and it’s narrowing into US equities....
...Even for the best market sleuths....
...The new unit will include Ford’s self-driving systems integration, autonomous vehicle research and advanced engineering, AV transportation-as-a-service network development, user experience, business strategy...
...Energy stocks in Japan were the best performing segment in Tokyo, up 1.1 per cent, while the broader Topix index rose 0.1 per cent....
...But it still tells us plenty about America. andrew.edgecliffe-johnson@ft.com Letter in response to this article: Arcane maybe, but Dow delivers higher returns / From Sheldon Ray, Washington, DC, US...
...The broader S&P/ASX 200 was basically flat....
...Australia’s S&P/ASX 200 gave up earlier gains to end flat. Futures tip both the FTSE 100 and S&P 500 to open flat. The corporate calendar includes Mitchell & Butlers and Bovis....
...The S&P 500 is expected to hold steady after touching a fresh record intraday high of 2,748.51 on Monday....
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