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Gympass, Inc.
Corporate wellness start-up Gympass prepares for IPO with rebrand
...Corporate wellness platform Gympass is rebranding as part of preparations for an initial public offering, after being valued at $2.4bn with backers including SoftBank and EQT....
April 4, 2024
Lemonade Inc
Lemonade chief rounds on ‘naysayers’ who predicted insurance start-up’s demise
...“For our business, that requires an upfront investment,” Schreiber said. Lemonade relies on advertising for growth because it sells cover directly to customers rather than through insurance brokers....
March 3, 2024
FT Live
Strategies for Trading Interest Rate Volatility
Understanding the rate environment and capitalising on fluctuations
Thursday, 20 June71 Basinghall Avenue, London EC2V, UK
Fund management
Martin Gilbert faces investor revolt over governance concerns
...A spokesperson for Gilbert said that Marshall managed the bulk of the chief executive responsibilities and day-to-day running of the business....
April 17, 2024
InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...BCG’s total revenues climbed just 5 per cent in 2023 to $12.3bn, the firm’s weakest growth in at least seven years....
April 23, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...The lawyers are members of the Delaware state bar association that customarily makes such proposals to update the state’s corporate law....
April 23, 2024
Netflix Inc
Netflix profits surge after password-sharing crackdown
...The latest results showed there was still room for growth as a result of its password crackdown and push into advertising, Pescatore added....
April 18, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
LexElon Musk
Elon Musk says Texas forever. Shareholders should not Premium content
...It went on to say that it made sense for Tesla to incorporate in the Lone Star State because “Tesla is all-in on Texas” because Tesla is “intertwined with our Texas corporate headquarters.”...
April 17, 2024
Markets InsightCaroline Escott
Reddit’s IPO is a regrettable mis-step in corporate governance
...hold corporate decision makers to account....
March 21, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...But it also cannot be the scapegoat for all UK corporate woes....
April 19, 2024
LexElectric vehicles
Slumping EV sales should not ring alarm bells in Europe — yet Premium content
...One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
April 23, 2024
LexTesla Inc
Robotaxis are not the solution to Tesla’s problems Premium content
...Tesla has been teasing self-driving robotaxis for years. Chief executive Elon Musk now says they are just months away....
April 23, 2024
Eurozone economy
Eurozone business activity rises to 11-month high
...Growth in the services sector offset weakness in manufacturing to lift S&P Global’s monthly gauge of eurozone corporate activity for April above the forecasts of most economists....
April 23, 2024
Tesla Inc
Tesla to cut 10% of global workforce
...“We have . . . made the difficult decision to reduce our headcount by more than 10 per cent globally . . . this will enable us to be lean, innovative and hungry for the next growth phase cycle,” wrote Tesla...
April 15, 2024
Business travel
AmexGBT buys rival CWT for $570mn in bet on business travel
...The Global Business Travel Association last year forecast that corporate travel spending would recover to its pre-pandemic total of $1.4tn in 2024 and grow to nearly $1.8tn by 2027....
March 25, 2024
Retail & Consumer industry
The golden age of corporate pizza consumption transparency may be over
...It’s a blow for pizza, it’s a blow for Domino’s shareholders, and it’s a blow for corporate transparency. It’s possibly not a blow for Weiner’s arteries....
March 19, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Britain after Brexit
New import charges crystallise cost of Brexit Premium content
...will drive a virtuous circle of growth....
April 4, 2024
LexUber Technologies Inc
Why Uber $7bn buyback is linked to its boss’s big payout Premium content
...Research by Bruce Dravis, former chair of the American Bar Association’s corporate governance committee, found that between 2009 and 2019 over one-third of repurchased shares had the effect of simply reversing...
February 29, 2024
Turkish economy
Turkish airlines and airports reap rewards from bet on pandemic recovery
...Serkan Kaptan, chief executive of TAV, which operates several major airports in Turkey, said the group had been “laying the foundations for growth . . ....
April 21, 2024
Alphabet Inc
Alphabet’s advertising growth falls short of Wall Street expectations
...Google Cloud will be a crucial growth driver for Alphabet amid rising demand for generative AI....
January 30, 2024
Gillian Tett
Companies must rethink how they handle cyber risk
...That is alarming for politicians and the public. It should scare investors too. gillian.tett@ft.com...
April 18, 2024
News in-depthAgricultural commodities
Latin American cocoa farmers rush to expand planting as prices spike
...That tells you that there’s opportunity for growth.” However, industry insiders said the boom might be shortlived....
April 23, 2024
LVMH
LVMH’s growth weighed down by softening China luxury demand
...While its growth has slowed in recent quarters, its performance remains resilient compared with that of rival Kering, which recently issued a rare profit warning for the sector because of weak sales in China...
April 17, 2024
LexESG investing
Asset managers’ green U-turn exposes energy transition cakeism Premium content
...BlackRock has moved its membership from the huge corporate entity to its much smaller international business....
February 25, 2024
Unhedged
Where Tesla departs from the Mag 7 Premium content
...Information about return on capital and free cash flow growth are both required, just for starters....
April 3, 2024
Tesla Inc
Tesla shares drop 12% after sales growth warning
...Tesla reported slower revenue growth and a shrinking gross margin for the three months to the end of December....
January 25, 2024

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