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Shares in JAL and ANA have barely budged in the past year
...United and American also wrote letters in January 2023 to oppose the rule, saying they already furnished consumers with information on fees....
...Total numbers are still a tad below pre-Covid 2019 at 4,460 in the private sector, according to fitness market data specialist Leisure DB, with 7mn members....
...But through 2022 and early 2023, travel and leisure stocks stagnated as the revenue gains from resurgent travel were already priced in....
...sign of improving investor sentiment towards Chinese-linked stocks, the Hangzhou-based premium car brand, carved out of China’s privately held Geely group, raised $441mn in New York from the sale of 21mn American...
...Experience-based spending — particularly travel — is holding up....
...SSG’s co-investors include a who’s who of American billionaires, from New York Mets owner Steve Cohen to Atlanta Falcons owner Arthur Blank....
Also in today’s newsletter: Taylor Swift’s place in football, golf’s changing of the guard, and more
...“[PBMs] are acutely aware of their situation: everybody in the world hates them and they are looking for friends,” said Douglas Holtz-Eakin, president of the American Action Forum, a right-leaning think-tank...
...Against that backdrop, it would take a brave league to tell fans that clubs can head off to America instead of holding matches in front of their home crowds....
...The 15 per cent stake owned by the Agnellis’ holding company Exor was a way for the company to broaden its investments beyond its major holdings, which include car companies such as Ferrari and Stellantis...
...Soho House, which is majority-owned by American retail billionaire Ron Burkle, went public to much fanfare in 2021, floating 18 per cent of its stock at a listing price of $14....
...says goodbye to ice cream European bank bonuses dip, unsurprisingly A Wall Street rental car dream becomes a nightmare A year ago, Hertz released an advertisement with Tom Brady in which the retired American...
Plus, Carlyle co-founder gets into baseball, football’s transfer market tanks
...Databases run by financial data providers often missed key holdings. In other cases they were outright wrong....
...They successfully sued to unwind the American and JetBlue alliance in the north-east, and are trying to block JetBlue’s proposed takeover of Spirit....
...US regulators have long restricted foreign-owned companies from holding TV broadcast licences; updating this rule, in effect, for social media has some logic....
...“Now the most likely outcome is they will shut down the US, and all the American investors in ByteDance will bear the losses,” Li said....
Plus, F1’s valuation race hots up, multiclub ownership divides the Premier League, and more
...Berkshire started to pare its holdings in Apple in late December, selling roughly 10mn shares....
...But the fate of TikTok, which 170mn Americans use to share and flip through short videos, is far from certain as the bill heads to the Senate....
...But they are evidently less concerned for the TikTok shareholders who are unable to criticise TikTok for fear of having their holdings seized....
...Bruno Huggler, the head of the Crans tourism office, said that Vail’s international footprint was “an undeniable asset, notably for the North American market.”...
...“Maybe, it would be ideal to find a different kind of date because I find that, maybe, we need to do more of an American tour,” Verstappen said. “For ticket sales, I don’t know if that’s ideal.”...
...This scarcity — and the difficulty of joining the wealthy group of NFL owners — is another factor holding up deals....
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