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US & Canadian companies
Gopuff turns to rival Uber for rapid delivery help
...Philadelphia-based Gopuff, which was valued at $15bn in July 2021, has been using Uber couriers to fulfil a small proportion of orders placed on its app since late last year, plugging a gap in its own driver...
March 27, 2023
Retail & Consumer industry
Travis Kalanick-linked lobby group to fight food delivery apps
...Some markets have already taken this step, such as San Francisco and Philadelphia, where delivery fees cannot exceed 15 per cent of each order....
October 6, 2022
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
ObituaryGerald Levin
Gerald Levin, AOL-Time Warner executive, 1939-2024
...Levin was a native of Philadelphia, and he studied to be a rabbi before pursuing a law degree....
March 15, 2024
LexTravel & leisure industry
Super Bowl/sports betting: turf war means hard yards for investors Premium content
...The contest between gambling groups DraftKings and FanDuel will be every bit as fierce as between the Philadelphia Eagles and the Kansas City Chiefs. DraftKings and FanDuel are the league leaders....
February 7, 2023
US presidential election 2024
Anti-ESG fund manager Vivek Ramaswamy files for US presidential run
...Other expected contenders include Florida governor Ron DeSantis — who gave high-profile speeches to law enforcement groups in New York, Chicago and Philadelphia on Monday — and Mike Pence, Trump’s former...
February 21, 2023
Vail Resorts Inc
US skiing juggernaut Vail Resorts sharpens edge over smaller rivals
...Northeastern winter resorts proliferated in the second half of the 20th century to cater to skiers living in large cities such as New York, Philadelphia and Boston....
February 11, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
UnhedgedJennifer Hughes
The fragile mortgage market Premium content
...That frustrating attitude to valuation is worth bearing in mind as recent activist victories are spurring fresh hope that the cash hoarded by Japan Inc could at last be freed for investor benefit, as Ethan...
May 26, 2023
Due Diligence
Microsoft and Activision refuse to give up the game Premium content
...FTX’s A-list entourage As the Kansas City Chiefs and Philadelphia Eagles prepare for the Super Bowl this Sunday, DD is reminded of our favourite ad from last year’s game....
February 9, 2023
Technology sector
Ain’t no party like an Airbnb party
...“I have four town homes in Philadelphia that I put a person in front of”....
August 17, 2022
US banks
Former Metro Bank boss Vernon Hill fights ousting at US lender
...His lawsuit, filed on Tuesday in US district court in Philadelphia, alleged that his board opponents planned a vote to fire him as chief executive on Wednesday afternoon....
May 18, 2022
#techFT
Broadcom broadens tech with VMware deal Premium content
...Despite continuing chip shortages holding up prices, the Philadelphia SOX index of semiconductor companies is down 28 per cent so far this year....
May 26, 2022
Covid-19 vaccines
FDA advisory panel backs Covid-19 vaccines for children under 5
...Paul Offit, a professor of paediatrics at Children’s Hospital of Philadelphia, said he was concerned two doses of Pfizer’s vaccine provided low levels of protection....
June 15, 2022
Leon Black
Billionaire Leon Black targets New York elite in fight against rape claim
...Another was Michael Rubin, a sports merchandise billionaire who along with Harris is a co-owner of the Philadelphia 76ers basketball team....
January 17, 2022
Cryptocurrencies
Staples Center in Los Angeles to be renamed Crypto.com Arena
...Crypto.com has existing sponsorships with Ultimate Fighting Championship, football club Paris Saint-Germain, and basketball’s Philadelphia 76ers. Additional reporting by Eva Szalay in London...
November 17, 2021
News in-depthHealthcare
US doctors fear patients at risk as cost cuts follow private equity deals
...“Private equity companies have been putting the squeeze on doctors with reduced hours and staffing,” said Robert McNamara, head of the emergency medicine department at Temple University Hospital in Philadelphia...
November 11, 2021
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Covid-19 vaccines
FDA panel votes against Pfizer’s Covid-19 booster jab application
...Paul Offit, director of the Vaccine Education Center in Philadelphia, said: “While I would probably support a three-dose recommendation for those over 60 or 65, I really have trouble supporting this as written...
September 17, 2021
LexUber Technologies Inc
Uber: it’s a worker’s company now Premium content
...Workers in markets like New York, Philadelphia and Austin are in effect seeing wages approach $40 an hour....
May 6, 2021
Technology sector
Food delivery groups braced for threat from rival apps
...In the US this week, Uber struck a wide-ranging partnership with GoPuff, the Philadelphia-based convenience-store delivery service, which will be available through Uber Eats in dozens of cities....
May 5, 2021
Uber Technologies Inc
Uber agrees to buy alcohol-delivery service Drizly in $1.1bn deal
...In November, Philadelphia-based grocery delivery app GoPuff announced it would acquire West Coast alcohol retailer BevMo! in a deal worth a reported $350m....
February 2, 2021
Best of FT Money 2021
Best of FT Money 2021 — The power of passive investing: time to relearn lessons
...If Buffett triumphed, the money would go to Girls Inc. Initially, it looked like Buffett would have to eat some humble pie....
November 5, 2021
Walmart Inc
Walmart removes firearms and ammunition from US store floors
...Video footage has shown Walmart, among other stores, being targeted by looters as demonstrators have faced off against police in areas of west and north Philadelphia....
October 29, 2020
Healthcare
Amazon, JPMorgan and Berkshire end healthcare venture
...“Clearly Amazon was doing its own thing,” said Lawton Burns, healthcare management professor at the University of Pennsylvania’s Wharton School in Philadelphia....
January 4, 2021
News in-depthWalgreens Boots Alliance Inc
Roz Brewer, chemist bringing a new formula on diversity to Walgreens
...Another jarring reminder came in 2018 when a Starbucks store manager in Philadelphia called the police on two young black entrepreneurs in 2018....
January 29, 2021
Due Diligence
A closer look at McKinsey’s mysterious firings Premium content
...Black and Harris have become recognisable figures beyond the realm of finance — Black for his flamboyant art purchases, and Harris as proprietor of the Philadelphia 76ers and other sports teams....
February 16, 2021
US presidential election 2020
Lawsuit tracker: Trump’s legal battle runs into repeated dead ends
...campaign sought an emergency injunction to stop the count in Philadelphia....
December 11, 2020

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