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Oil & Gas industry
UK-sanctioned oil trader enlists ex-Biden aide to thwart potential US sanctions
...The UK in November 2023 sanctioned a Dubai-based subsidiary of Paramount and then Troost himself and his Geneva-based company two months later....
March 21, 2024
Menswear
V-necks are back
...At the mid-level, a cashmere style in a muted shade from Sheep Inc, John Smedley or — my favourite — Begg x Co will quickly become a staple of your wardrobe....
April 8, 2024
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberDigital Conference
Skechers USA Inc
Skechers’ family troubles
...Inc., a footwear company based in California, agreed to settle charges for failing to disclose payments for the benefit of its executives and their immediate family members....
March 8, 2024
Climate legislation
Republican states step up legal threats to Biden’s climate agenda
...The court is deliberating on another case, Relentless Inc vs Department of Commerce, that seeks to overturn a 40-year-old legal doctrine that says courts should generally defer to agencies’ interpretation...
April 12, 2024
FT Alphaville
SEC fires ‘AI washing’ warning shot
...., March 18, 2024 — The Securities and Exchange Commission today announced settled charges against two investment advisers, Delphia (USA) Inc. and Global Predictions Inc., for making false and misleading...
March 18, 2024
News updates from March 1: Nvidia closes above $2tn valuation, Gunvor to plead guilty to US bribery charges
Elon Musk sues OpenAI and Sam Altman over multibillion-dollar alliance with Microsoft
...“OpenAI, Inc. has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft,” wrote Musk’s lawyers in a filing issued to a San Francisco court on...
March 1, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Tobacco
FDA issues ban on RJ Reynolds menthol-flavoured vapes in US
...The US federal drug regulator has told British American Tobacco’s US subsidiary to halt sales of its menthol-flavoured Vuse Alto vape, the most popular e-cigarette in the US, following a jump in popularity...
October 12, 2023
Exchange traded funds
ETFs surge to dominant position in US model portfolios
...In March 2023 the iShares ESG Aware MSCI USA ETF (ESGU) haemorrhaged $3.9bn in one day. On the same day the iShares MSCI USA Quality Factor ETF (QUAL) saw a $4.8bn jump in net inflows....
April 15, 2024
Boeing Co
Boeing 737 Max in door panel blowout lacked four bolts, regulator says
Preliminary report by NTSB finds part that detached had been removed at Washington factory
February 6, 2024
Boeing Co
Grounded Boeing planes won’t return to service until they are safe, official says
US transportation secretary Pete Buttigieg says he has spoken with chief executive following 737 Max door panel mishap
January 10, 2024
Aviation accidents and safety
Boeing shares fall as investigators locate door that blew out during flight
Pilots reported pressurisation warnings on three flights in month before Alaska Airlines incident
January 8, 2024
Boeing Co
US aviation regulator calls for checks on older Boeing 737 jets
FAA recommends inspections of aircraft with same kind of door plug as Alaska Airlines plane involved in blowout
January 22, 2024
OpenAI
Musk sues OpenAI and Altman for breach of contract
...“In reality, however, OpenAI, Inc. has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft.”...
March 1, 2024
World Wrestling Entertainment, Inc.
Netflix strikes $5bn deal to livestream WWE’s Raw show
...WWE’s decision to take Raw off USA Network, where it is the top-rated programme, also reflects the economic pressures on traditional cable television operators as more consumers shift to streaming....
January 23, 2024
Emerging market investing
Revisiting Bloody Ridiculous Investment Concepts
...These are rebased MSCI net return indices, in dollars, for each country, and the MSCI USA and World indices....
March 6, 2024
FT Live
Crypto and Digital Assets Summit
Connecting leaders in crypto with mainstream finance
Wednesday, 8 MayLondon
LexNetflix Inc
Netflix jump into pro wrestling signals tipping point for sports media Premium content
...The price is a steep increase over Raw’s current deal with Comcast’s USA Network. More importantly, this marks Netflix’s plunge into pricey live programming, an area it had long eschewed....
January 23, 2024
Leveraged loans
Lenders can still get J Screwed
...The problem is, the relicensing is exactly what J Crew did when it transferred its IP to an unrestricted subsidiary....
February 12, 2024
Apple Inc
Apple accused by Congo over conflict minerals in iPhones
...A separate notice has been sent to Apple’s subsidiaries in France....
April 25, 2024
OpenAI
OpenAI releases Musk emails to show he backed for-profit plans
...“OpenAI, Inc has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft,” Musk’s lawsuit alleged....
March 6, 2024
Banks
Mike Mayo ❤️ Citi
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
January 2, 2024
AI and jobs
Tech companies axe 34,000 jobs since start of year in pivot to AI
...Anybody working in tech or games right now is worried about lay-offs to some degree, either for themselves or someone they know,” said Autumn Mitchell, a quality assurance tester at Microsoft video game subsidiary...
February 11, 2024
LexApple Inc
Apple is not the only company backing away from driverless cars Premium content
...Cruise, the self-driving car subsidiary of General Motors, targeted annual revenues of $1bn by 2025. Last year, the business reported sales of just $102mn amid a $3.4bn loss....
March 7, 2024
Gillian Tett
Companies must rethink how they handle cyber risk
...Second, criminal ransomware gangs, often linked to Russia, are increasingly targeting poorly protected corporate vendors and subsidiaries....
April 18, 2024
FT Magazine
Prediction markets can tell the future. Why is the US so afraid of them?
...In 1983, he founded Aristotle Inc, a technology consultancy that sold voter data to political campaigns....
November 10, 2023
Inside BusinessKana Inagaki
Are Japan’s managers ready for the revival of trade unions?
...Whether the acquisition is approved or blocked by US authorities for national security reasons, Nippon Steel’s current dilemma has significant implications for Japan Inc as companies pursue growth outside...
February 28, 2024

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