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...The joy of this trend lies in the way that it has split households right down those old-school gender difference lines....
...For connoisseurs of the unique form of abstract art that adorns modern-day bond prospectuses, here’s the structure diagram: Writing margin loans against paintings is not a particularly new business line...
...News round-up Amanda Staveley in court bid to prevent shipping tycoon from pushing her into bankruptcy (FT) Direct Line rebuffs £3.1bn offer from Belgian insurer Ageas (FT) Daniel Křetínský drops plans...
...The children will inherit an empire now far smaller than in its heyday....
...In the end, the Fenway-led group, dubbed Strategic Sports Group, stepped to the front of the line....
...Buffett considers that figure to be “worse-than-useless”, given accounting rules require the company to include the quarterly swings in value of its $354bn stock portfolio in its bottom line....
...A soothing chart from Pantheon Macroeconomics (the green line refers to an abrupt 0.6 per cent jump in homeowners’ imputed rents): Put simply: we are more relaxed than the bond market....
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
...Musk benefited from this reluctance to intervene when Delaware courts refused to sanction him over Tesla’s 2016 buyout of SolarCity, after the carmaker’s shareholders accused him using one part of his empire...
...The US electric-vehicle maker Rivian said it will make 2,000 more trucks, vans and SUVs than originally planned this year, accelerating output after improvements along its production lines in the second...
...Sometimes this blurring of lines was obvious....
...What emerges is a story that speaks with moving truth about ageing, loneliness, the exhilaration of live art and the sheer guts of putting yourself on the line....
...Yellow is not reorganising but rather selling off its terminals, trucks and trailers. The gross proceeds collected may far exceed $2bn....
...Altice’s debts come calling Rising interest rates and a corruption scandal have put Patrick Drahi’s highly leveraged empire under pressure, Bloomberg reports....
...Drawing from Patrick Radden Keefe’s 2017 New Yorker article (which became his multi-prize-shortlisted book Empire of Pain), Painkiller is a new six-part drama about the US opioid crisis, and the Sackler...
...The hedge is against threats to Apple’s iPhone empire....
...Rihanna has a make-up line. For online stars who trade in views, however, valuations are still a work in progress....
...Equinor won three lots off Long Island — known as Empire Wind 1, Empire Wind 2 and Beacon Wind 1....
...Deliveries of the Cybertruck, Tesla’s highly anticipated rival to pick-up trucks, are due to begin this quarter....
...The union is demanding universal pay rises, the end of the existing two-tier pay system, and the installation of air conditioning into trucks, among other things....
...In western financial centres, Japanese banks have a bad reputation for long reporting lines and slow capital allocation. By sheer coincidence, this brings us on to Nomura....
...The British empire weighs heavily on the collection here. Aside from being compared with a whale during the course of its expansion, the empire literally ran on whale bodies....
...Since 2021, the year Rivian’s first truck rolled off the Normal assembly line, he has wired garages to make it easy to install an electric car charger....
...The report helped wipe about $100bn off his empire’s market value. Adani has denied the allegations....
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