Hints and tips:
...Job moves Microsoft has hired Mustafa Suleyman, the co-founder of Google’s DeepMind and chief executive of artificial intelligence start-up Inflection, to run a new consumer AI unit....
...That in turn reflects an eclectic career that began in Crescent City’s jazz scene and has gone on to encompass film soundtracks (including an Oscar for co-scoring Pixar’s Soul) and a long stint as bandleader...
...As Aurelius struggles to salvage its investment, the path to restoring private equity’s reputation as responsible owners of UK retail is rockier....
...Hertz uses Carvana in part to dispose of its fleet, netting salvage values that Hertz CEO Stephen Scherr said earlier this year were 5 to 6 per cent better than selling into the wholesale market....
...The annual boondoggle in the Crescent City is the perennial opportunity to take the pulse of M&A activity....
...His daughter Stephanie took over the family business as co-CEO and chair....
...Before she left, she co-commissioned Nathan Coley’s light sculpture, “From Here” (2020), now a permanent fixture on St George’s Dock Pumping Station....
...Back in Osaka, liquidation company Shoichi managed to salvage some value from the Games merchandise....
...A version of this article was first published by Nikkei Asia on September 7 2021. ©2021 Nikkei Inc. All rights reserved....
...Higher used-car prices have squeezed profits for Kyle Weisner, whose family has owned the Victory Auto Wreckers junkyard and towing business in suburban Chicago for more than 50 years....
...Traditional retail pick-up buyers may prove harder to entice because towing a heavy load — an important feature for many buyers — shrinks the distance an electric truck can drive before it needs to recharge...
...andrew.hill@ft.com Twitter: @andrewtghill This article has been amended to clarify the process of rebranding Booz & Co...
...“People are thinking about how to build scale and resilience, and that is a driver of M&A,” according to Nestor Paz-Galindo, global co-head of M&A at UBS....
...Thousands of operators across the sector have signed up with one or several of the three dominant delivery platforms — Deliveroo, Uber Eats and Just Eat — in order to salvage demand....
...The group’s lawyer even claims New Zealand’s spooks were involved in a co-ordinated operation....
...Simon Property Group became one of America’s largest shopping mall landlords under Mel and Herb Simon, brothers and co-founders. Under Mel’s son, David, it is also becoming a sizeable tenant....
...When Oracle turned to Wall Street earlier this year to raise $20bn in a bond sale, it immediately prompted speculation that Larry Ellison, the company’s co-founder and chairman, might be preparing a big...
...Uber needed someone who could salvage the company and drive it towards a blockbuster stock-market debut. It needed someone with experience of handling large businesses without drama....
...Having begun his career as a restructuring lawyer at Sidley Austin, Mr Kamensky then made his name as a distressed debt investor at hedge fund Paulson & Co....
...The move to hire a new chief executive from outside raises questions about the prospects for Artie Minson and Sebastian Gunningham, the two WeWork insiders elevated to co-CEOs to replace Adam Neumann, co-founder...
...But salvage — recovery — is expensive....
...Dana Gas’s largest shareholder is Sharjah-based Crescent Petroleum, which holds 19 per cent of the stock....
...In an attempt to salvage some value from the company, Jawbone had been seeking a buyer for its assets over the past several months....
...“There has been a global demand for yield,” said Jean-Marc Chapus, co-founder and managing partner of Crescent....
...The only way to salvage the mess was to “fork” the debate inviting the two sides to refine separate arguments....
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