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...Has she warned them that Tapestry’s brands have so little cachet, and its products so much vulnerability on pricing?...
...People trust Apple as a brand, he says, because the products work well. “It keeps coming back to who has the good products,” he says....
...The 76-year-old mogul, who has already spent almost three years in prison, was among the Chinese territory’s most well-known democracy champions and a prominent critic of the Chinese Communist party....
...On Monday, the US Federal Trade Commission sued to block Tapestry’s $8.5bn acquisition of rival Capri Holdings. The pair are best known for their handbag brands....
...“I think a lot of people are now expecting pretty meaningful erosion of AbbVie’s US Humira business this year,” he said....
...So a small decrease in reserve quantities could send banks scrambling for cash, and push the federal funds rate up....
...Now I’m closing the loop, replying to his reply. Khosrowshahi makes three points and I’m sympathetic to two of them....
...Musk recently said he wanted to turn Tesla into an “AI juggernaut” but, he added, “if I have so little influence at that stage I could be voted out by a random shareholder advisory firm”....
...“I used to forget the tiniest everyday things: I’d put eggs on to boil, I’d forget. Papers were stacked four feet high on my desk,” said Davis, 74....
...“The sales of these products have fallen off a cliff so it’s all about past damages....
...“If there was an unlock in private equity, I do believe you would see a faster allocation in fixed income and other income-producing products.”...
...I think the way to address the most favoured nation agreements in Amazon would be to go through product by product....
...I’ll restate my position: I think the federal government has a spotty record when it comes to shaping a very complicated private marketplace....
...However, the bill was blocked by a federal judge in November before it was due to take effect on January 1. Montana is appealing against the decision....
...The former is a near-term likelihood in China, however, and not implausible in the US as the Federal Reserve winds down quantitative tightening....
...Lego is fundamentally a product that is petroleum-based. I mean, ABS plastic has a core element of petroleum. Their entire product is based on oil....
...The settlement still requires approval from the California federal judge overseeing the case....
...It was a moment of vindication for the Federal Open Market Committee, whose rosy outlook in December had defied more gloomy expectations from economists....
...I trust every step they take.”...
...Here’s what else I’m keeping tabs on today: Interest rates: Central banks in Norway, Switzerland, Turkey and the UK make interest rate decisions today....
...“I should have done some work on Apple,” he lamented on CNBC’s Squawk Box last year....
...Despite Flutter touting its superior technology, competitors are quick to copy once a new product proves successful, points out Peel Hunt’s Ivor Jones....
...But the bottom line is, financial conditions have a strong correlation with real [gross domestic product]....
...The reshuffle comes ahead of Google’s first-quarter earnings on 25 April and its annual I/O developer conference on 14 and 15 May at its headquarters in Mountain View, California....
...For Wall Street’s big four lenders, expectations that the Federal Reserve will delay rate cuts in response to stubbornly high inflation readings and a robust job market mean the good times should continue...
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