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News in-depthUS economy
Wave of corporate exits sends chill through Chicago
...The tech giant’s intent to buy the James R Thompson Center building, designed by Germany-born architect Helmut Jahn, from the state of Illinois came as the Chicago business community takes on a momentous...
August 1, 2022
LexBaidu Inc
Baidu/chatbots: heavy R&D spend means talk may be cheap Premium content
...This follows Google’s decision to launch its own chatbot Bard for public use. Microsoft has riposted that headline-grabbing AI programme ChatGPT will help it disrupt Google’s search monopoly....
February 8, 2023
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
News in-depthReddit Inc
Reddit stands firm in clash with users as protest escalates
...revenue which is also undermining their revenues because these apps are shutting down, not paying up,” said Fraser Raeburn, a historian at the University of Sheffield who helps moderate a subreddit called “r/...
June 17, 2023
Adobe Systems Inc
Dissecting Adobe’s dumb deal
...M&A has been a substitute for R&D. All of this is relevant again because Adobe on Thursday agreed to buy Figma for $20bn....
September 15, 2022
News in-depthFinancial services
‘Buy now, pay later’ retail loan services test patience of investors
...PayPal was the most popular BNPL provider among US consumers, according to market research group C+R Research....
September 3, 2021
FT CollectionsAstraZeneca
Disputes leave AstraZeneca boss with chronic vaccine headache
...On Sunday, Soriot’s friend José Baselga, AstraZeneca’s head of oncology R&D, died in Spain....
March 25, 2021
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
FT Alphaville
Ripple: The SEC filing highlights
...firm up the price of XRP: On April 11, 2016, Ripple also directed the Market Maker to buy XRP in the open market with the goal of “[t]arget[ing] $0.008 incrementally over the course of 2 days” while “[c]...
December 24, 2020
Automobiles
Further reading
...(New Yorker, $) – Who has spent what on self-driving car R&D. (The Information, email registration needed) – Germany rethinks labour’s influence....
February 7, 2020
Equities
Markets Now - Monday 8th June 2020
...GILD’s c$15bn cost base vs $11bn core op.income, of which c$5bn lies in R&D/SG&A), but also require very significant job cuts at a time of global economic hardship....
June 8, 2020
Equities
Markets Now - Friday 3rd April 2020
...Pearson anticipates a c£30m per month EBITA impact pre cost saves in Assessment plus a potential c£30m EBITA hit in US Student Assessment....
April 3, 2020
Equities
Markets Now - Thursday 30th April 2020
...Fifty years ago it was all the rage for American business icons to be driven by fear of microbes into becoming reclusive and now it’s the opposite: Elon R Musk, Tesla Inc: [T]his is the time to think about...
April 30, 2020
Mattel Inc
Barbie bump: Mattel shares flirt with best day on record
...Both Mattel and Hasbro struggled as the Toys R Us liquidation weighed on the toy industry during the crucial holiday quarter....
February 8, 2019
Mattel Inc
Barbie goes to Hollywood: Mattel continues rally amid movie plans
...Hot Wheels cars and Fisher-Price toys for toddlers, has struggled to grow sales at a time when the industry is grappling with consumers’ shift to electronic gaming and the liquidation of retailer Toys “R”...
January 8, 2019
Altria Group Inc
Altria takes C$2.4bn stake in Canadian pot group Cronos
...Altria will take a 45 per cent interest in Cronos at C$16.25 a share, a 33 per cent premium to the stock’s closing price of C$12.20 on November 30, the day before reports of Altria’s interest became public...
December 7, 2018
Retail & Consumer industry
Toymaker shares take a hit on Toys R Us report
...Shares of two major US toy makers fell in after-hours trading on Thursday after media reports that Toys R Us may be weighing a possible liquidation of its US operations....
March 8, 2018
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Driverless vehicles
Uber to invest $154m in new Toronto hub, expand self-driving
...Uber said on Thursday it would invest C$200m ($154m) into a new hub in Toronto over the next five years, including expanded R&D facilities for autonomous cars....
September 13, 2018
Retail & Consumer industry
Barbie-maker Mattel cuts 2,200 jobs as sales fall
...The revolving door in Mattel’s C-suite has been indicative of the challenges in turning round the company....
July 25, 2018
FT AlphavilleDan McCrum
No one needs to buy Tesla, redux
...up to that point: Mr Musk, helped by the bond market and his bankers, who facilitated margin loans so he could buy stock in Tesla's equity raises, has since thrown much more money at the business: The R&...
March 29, 2018
News in-depthNikkei Asia
Chinese robotics start-up cracks the code for western markets Premium content
...In August, Makeblock closed a series C-round financing of $44m, putting its current valuation at $367m....
October 16, 2018
FT SeriesThe AI arms race
US-China tech wars threaten global sector disruption
...Alibaba is pouring $15bn into R&D, and many of the big tech groups are running joint innovation labs with the government....
May 8, 2018
LombardMatthew Vincent
Toys R Us feel-good ending comes despite pension rules
...Arguably, then, the Toys R Us story has a happy ending despite the system....
December 21, 2017
Management
The hitmakers: why music pluggers are thriving in the digital age
...You’re building towards playlist support and playlist rotation increase, trying to get from a C-list song to an A-list.”...
April 27, 2018
News in-depthUS & Canadian companies
Vertex’s cystic fibrosis treatment makes it a hot company
...In the first nine months of this year, it spent 55 per cent of sales on R&D, compared to 13 per cent at Amgen, the largest biotech group....
January 8, 2018
The Big ReadPatrick McGee
Carmakers take electric fight to the factory floor
...According to Goldman Sachs analyst Stefan Burgstaller this “should be more than funded by cash generation” and take up about one-fifth of capital expenditure and R&D by 2022....
March 18, 2018
LexUS & Canadian companies
Meg Whitman: talk the line Premium content
...Others end, to borrow a song from Ms Whitman’s favourite musical genre, in “D-I-V-O-R-C-E”. The Lex team is interested in hearing more from readers. Has Meg Whitman finished her work at HPE?...
August 29, 2017

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