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Clayton Dubilier & Rice Inc
US buyout firm CD&R hires former Tesco chief Dave Lewis
...Dave Novak, CD&R co-president, told the FT: “We’re highly conscious that our offering across each one of [CD&R’s existing consumer and retail] businesses has to be what the consumer wants and available when...
January 15, 2024
US & Canadian companies
Gopuff turns to rival Uber for rapid delivery help
...fallen amid rising inflation, competition and the end of a lockdown-driven expansion....
March 27, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Disrupted Times
Brussels blasts Big Tech
...Boeing chief executive Dave Calhoun is to step down at the end of this year, as part of personnel changes at the US aircraft manufacturer, which is battling with the fallout from an incident in which a plane...
March 25, 2024
ETF HubLatest news on ETFs
Bitcoin rally pushes BlackRock ETF over $10bn in record time
...Much of the recent investments in the bitcoin ETFs appear to be from investors who were “trapped inside GBTC” and have exited the priciest bitcoin ETF in favour of a less costly alternative, said Dave Nadig...
March 10, 2024
Commercial property
‘Skyscraper queen’ leaves CBRE as New York property crisis deepens
...In one of the biggest moves, Silverstein Properties, the developer of the World Trade Center, parted ways in October with its longtime chief executive, Marty Burger....
February 5, 2024
Elon Musk
Can Elon Musk derail Delaware?
...Rather the rebuke came in 1989 from Marty Lipton, the godfather of modern M&A law who argued that the Delaware Court of Chancery had become too unkind to his corporate clients in that decade’s takeover wars...
February 5, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Britain after Brexit
Brexit brings with it a new kind of uncertainty Premium content
...That was a point made this week by Dave Ramsden, the deputy governor for markets and banking at the Bank of England, when he told the Treasury select committee that Brexit had clearly “chilled” the UK’s...
November 23, 2023
ETF HubLatest news on ETFs
Why European investors are rushing into some bond ETFs
...And the yields of some of the most popular bond ETFs during Q2 look enticing....
July 27, 2023
Walt Disney Co
Disney’s ESPN moves into US sports betting with $2bn Penn deal
...The move comes less than six months after Penn completed a $551mn acquisition of Barstool, the sports gambling and entertainment site founded by Dave Portnoy in 2003 and which has become known in the US...
August 8, 2023
Apple Inc
Apple’s revenue growth clouded by worries about China slowdown
...Nevertheless, “investors are skittish on what came out of China”, said Dave Wagner at Aptus Capital Advisors....
February 2, 2024
Boeing Co
Grounded Boeing planes won’t return to service until they are safe, official says
...He added he spoke to Boeing chief executive Dave Calhoun and told him the company must establish 100 per cent confidence in its planes....
January 10, 2024
Boeing Co
Pressure builds on Boeing as customers vent anger over grounding
...Dave Calhoun, chief executive, is due to meet lawmakers on Capitol Hill on Wednesday, including Senator Mark Warner from Virginia, where the company is headquartered....
January 23, 2024
Boeing Co
Boeing 737 Max in door panel blowout lacked four bolts, regulator says
...Dave Calhoun, Boeing chief executive, said in a statement responding to the report that “whatever final conclusions are reached, Boeing is accountable for what happened”....
February 6, 2024
Exchange traded funds
Volatility ebbs as $26bn pours into option-writing ETFs
...“The zeitgeist of the retail ETF investor has moved on to income-based products and options-based products,” said Dave Mazza, chief strategy officer at Roundhill Investments, which plans to launch three...
December 12, 2023
Corporate earnings and results
‘We’ve missed earnings forecasts lol’
...Dave Cote, chair and CEO of Honeywell: “Well, consistent with our policy over the last 15 years, I try to make all of these decisions with no input from anybody.” Mwa wa wa....
October 30, 2023
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
Due Diligence
The coming wave of private capital consolidation Premium content
...Job moves Private equity firm Clayton, Dubilier & Rice has hired former Tesco boss Sir Dave Lewis as an operating adviser....
January 16, 2024
LexBoard changes
Returning CEOs: long-serving bosses find it hard to say goodbye Premium content
...Amazon executive Dave Clark was the perfect candidate to run freight start-up Flexport....
September 8, 2023
Boeing Co
‘It ain’t working’: Boeing’s quality pledges in question after Max 9 incident
...In October last year, Boeing chief executive Dave Calhoun said the US plane maker was focusing on improving the quality of its aircraft....
January 15, 2024
YouTube Inc
YouTube chief executive Susan Wojcicki to step down
...“He has a wonderful sense for our product, our business, our creator and user communities and our employees,” she wrote....
February 16, 2023
Lyft Inc
Uber surges further ahead of rival Lyft in ride-share race
...“And we are laser-focused on driving additional growth and managing costs.” A reduction in base fares was necessary to defend market share and “remain competitive”, Green said....
February 10, 2023
LexWalt Disney Co
Disney/Penn Entertainment: House of Mouse goes all-in on sports betting Premium content
...Part of the problem has been Barstool’s controversial founder, Dave Portnoy, perceived as encouraging irresponsible gambling. Disney and Penn will hope this deal is a game-changer....
August 9, 2023
News in-depthCNN News Group
Mark Thompson faces ‘peak disruption’ as he takes CNN helm
...“He has his work cut out for him — the ratings and profits are down,” said Marty Kaplan, a professor of communication and journalism at the University of Southern California....
August 31, 2023
Airbnb Inc
Airbnb earnings surge as foreign travel rebounds
...The number of tourists seeking a foreign city break is rising, said Airbnb, which has recorded its first full year of profitability thanks to higher prices and a global travel rebound....
February 14, 2023
ETF HubLatest news on ETFs
Investment masterclass: WTF are ETFs?
...Inc and Acc, to use the three-letter acronyms often flash up on fund websites. Now, Lynn, could you have a go at explaining the difference between Inc and Acc please? Lynn Hutchinson Yes, of course....
July 25, 2023
Uber Technologies Inc
Uber extends post-lockdown streak with strong rideshare and food delivery demand
...Uber’s post-lockdown streak of strong bookings and revenue growth continued in the final quarter of 2022, as sustained food delivery demand and a rebound in the rideshare business brought earnings in line...
February 8, 2023

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