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Campari International PLC
Campari buys Courvoisier Cognac from Beam Suntory
...Campari is to buy Courvoisier Cognac from US-Japanese spirits group Beam Suntory in a deal valued at $1.32bn as global sales of the drink stutter....
December 14, 2023
Apple Inc
US accuses Apple of building smartphone market monopoly in antitrust case
...The landmark lawsuit filed on Thursday in federal court in New Jersey by the US Department of Justice, along with a bipartisan group of 16 state and district attorneys, accuses the group of imposing contractual...
March 21, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Apple Inc
‘Apple is going to war’: US lawsuit adds to iPhone maker’s antitrust woes
...The DoJ’s case, he said, “avoids some of the vulnerabilities” from Epic’s fight, and the case law governing the New Jersey federal court where the lawsuit was filed may be more favourable to the government...
March 22, 2024
Airlines
JetBlue’s $3.8bn bid for rival airline Spirit blocked by US judge
...Spirit had also committed to let go of gates and other facilities in airports including Newark, New Jersey. The offers, however, did not sway Young: “Spirit is a small airline....
January 16, 2024
Elon Musk
Can Elon Musk derail Delaware?
...Lipton at the time wondered out loud about blue-chips ditching their Delaware domiciles — where the majority of large, listed American companies choose to incorporate — for the likes of New Jersey and Pennsylvania...
February 5, 2024
US presidential election 2024
Haley outspends US Republican rivals in attempt to catch Trump
...Former New Jersey governor Chris Christie has rebuffed calls from anti-Trump Republicans to drop out, even though a new poll showed Trump and Haley tightening significantly in New Hampshire, where Christie...
December 30, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Sergey Brin
Google co-founder Sergey Brin’s airship start-up grows rapidly
...Pathfinder 3 is 60 metres shorter than the ill-fated Hindenburg-class airships that promised to revolutionise passenger flight in the 1930s until a disastrous accident in New Jersey killed 36 people and...
June 3, 2022
Markets
Charlie McElligott, meat-powered market mystic
...Nomura’s offices are in downtown Manhattan, but McElligott’s home is about 30 miles away in New Jersey....
November 21, 2023
Choice Hotels International Inc
Choice Hotels launches $10bn hostile bid for rival Wyndham
...Maryland-based Choice had a market capitalisation of about $6bn as of Tuesday afternoon, while the figure for New Jersey-based Wyndham, which owns the La Quinta and Ramada brands, was about $6.3bn....
October 17, 2023
The Big Read
The dark side of the US sports betting boom
...David, a 51-year-old recovering addict from New Jersey, credits Williamsville with saving his life....
August 10, 2023
LexJohnson & Johnson Co Inc
Johnson & Johnson: second talc bankruptcy dismissal hits share price Premium content
...Late on Friday, a New Jersey bankruptcy court ruled that the big pharma company could not pursue a bankruptcy deal with tens of thousands of consumers who claim its talc powder caused serious illness....
July 31, 2023
ESPN Inc
Can Disney’s ESPN become the US’s biggest sports betting company?
...However, the prize for new entrants is a tantalising one....
November 14, 2023
Scoreboard
Will the private equity squeeze hit football? Premium content
...Riyadh Air, the yet-to-fly new carrier, adorns Atlético Madrid’s red and white jersey....
November 4, 2023
ReviewFilm
Barbie film review — Greta Gerwig’s day-glo comedy gives Mattel the last laugh
...Robbie gives a wonderfully calibrated performance; Gosling takes gameness to new levels. (“I have all the genitals,” he beams.)...
July 18, 2023
Donald Trump
Trump admits criminal charges will damage 2024 presidential campaign
...Karoline Leavitt, a New Hampshire native and spokesperson for MAGA Inc, an outside spending group backing Trump, derided his closest rivals including DeSantis and Chris Christie, the former New Jersey governor...
August 9, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Bed Bath & Beyond Inc
Bed Bath & Beyond files for Chapter 11 bankruptcy
...Founded in New Jersey in 1971, the retailer joined the wave of so-called big box stores featuring extensive inventory of niche goods at low prices....
April 23, 2023
LexMerck & Co Inc
Merck/Prometheus: Big Pharma must swallow bigger premiums Premium content
...The New Jersey pharmaceutical titan’s share price has doubled in the past five years, well ahead of the wider S&P 500 index....
April 17, 2023
FT Magazine
The FT’s 25 most influential women of 2023
...But the New Jersey native has her work cut out for her. EY is recovering from tensions revealed when senior US audit partners scuppered a plan to spin off its consulting arm....
November 30, 2023
Due Diligence
What comes next for Microsoft’s $75bn Activision Blizzard deal? Premium content
...Its largest exposures in the US include the state of New Jersey and the Port Authority of New York, public entities with different risk profiles to the UK’s largely privately held water companies....
July 13, 2023
Japanese business & finance
Japan’s Astellas to buy US biotech group Iveric Bio for $5.9bn
...Astellas said on Monday that it would use cash and loans to buy the New Jersey-based company, formerly known as Ophthotech, for $40 a share, representing a premium of 22 per cent to the US company’s closing...
May 1, 2023
Johnson & Johnson Co Inc
Talcum powder cancer claims target J&J’s new consumer carve-out
...The case was filed in Middlesex county, New Jersey, and lawyers working for talc claimants say it could be the first of many claims filed against Kenvue and other J&J divisions not previously named in lawsuits...
April 27, 2023
Johnson & Johnson Co Inc
Johnson & Johnson reports loss after taking $6.9bn charge over talc claims
...J&J will today ask a bankruptcy judge in New Jersey to again place a stay on all the lawsuits to enable it to finalise a restructuring plan....
April 18, 2023
News in-depthNikkei Asia
Indian start-up valuations are slashed by global investors
.... ©2023 Nikkei Inc. All rights reserved....
May 31, 2023
Accountancy
Chinese companies switch auditors to avoid US delisting risk
...Jersey in 2022....
May 24, 2023
InterviewBerkshire Hathaway Inc
Charlie Munger: US banks are ‘full of’ bad commercial property loans
...Jersey....
April 30, 2023

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