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WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...That is problematic given the amount of contested information and conspiracy theories about medicine and health services that is posted online, for example by members of the “anti-vaccine” movement....
April 23, 2024
InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
CEO projects share of sales will double as companies integrate technology into operations
April 23, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
April 23, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Given its £971mn market value, it is not clear what US index it would get into....
April 19, 2024
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...But the groups “would prefer to solve their own problems, as opposed to have politicians solve it”, he said....
April 25, 2024
FT Swamp Notes
Tyler Cowen: Why we will learn to love AI Premium content
...Given his previous stance, it’s fascinating to see how he’s suddenly got AI religion. But my response would be: not so fast....
April 19, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...The group is set to hold a town hall for staff on the US situation on Wednesday....
April 22, 2024
Ithaca Energy Inc
Ithaca Energy in exclusive talks for Eni’s UK upstream assets
...Its former chief executive, Alan Bruce, left the group early this year....
March 27, 2024
Airlines
US airlines under fire for raising baggage fees again
...The group estimated the rule would cost airlines $33bn over 10 years....
March 10, 2024
Jefferies Group Inc
Jefferies boss sells $65mn in stock to buy a customer’s yacht
Purchase shines light on wealth accumulated by longtime chief executive Rich Handler
April 24, 2024
LexElectric vehicles
Slumping EV sales should not ring alarm bells in Europe — yet Premium content
...The other side in this debate argues that EV forecasts were always overly optimistic, given persistent concerns over price, range and charger availability. The truth is probably somewhere in between....
April 23, 2024
The best of TV and streaming this week
Baby Reindeer — Netflix’s unsettling stalker drama makes for difficult viewing
...Given the title and the fact that it was created by a former stand-up comedian, you’d be forgiven for thinking Netflix’s Baby Reindeer might be a light-hearted sitcom....
April 22, 2024
Due Diligence
The billionaire, TikTok and Trump Premium content
...The group of senior class A and subordinate class B bonds are securitised at the operating companies....
April 24, 2024
Donald Trump
Donald Trump has $4.6bn stake in social media group after market debut
...Trump was given 10 days to come up with the bond money....
March 26, 2024
LexNetEase Inc
‘World of Warcraft’ return to China will bring peace to NetEase investors Premium content
...Getting new licences for its games with a new publisher from local regulators would also have meant delays given a lengthy approvals process....
April 13, 2024
FT Live
Financial Advice Forum
Optimising client centric advice in uncertain times
Tuesday, 24 September8-14 Cooper's Row, London EC3N 2BQ, UK
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...That segment is dominated by UK-listed Gym Group and private equity owned PureGym....
March 29, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...Nine workers who occupied a senior executives’ office were arrested and on Wednesday it fired 28 staff allegedly involved in the “No Tech for Apartheid” group....
April 18, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
...But investors have soured on the group as it competes in a costly streaming battle with larger competitors such as Disney and Netflix....
April 3, 2024
Inchcape PLC
Inchcape to sell UK dealerships for £346mn
...This story was corrected to reflect that Group 1 Automotive has 55 sites in the UK, not 51 as indicated in a previous version....
April 15, 2024
Futures contracts
Goldman and Citadel Securities back Lutnick’s renewed tilt on futures market
...Goldman Sachs and Citadel Securities are among a group of 10 large trading groups backing bond pioneer Howard Lutnick’s renewed tilt on CME’s monopoly on the US Treasury futures market....
April 25, 2024
Tesla Inc
Tesla to cut 10% of global workforce
...Unlike legacy carmakers, Tesla is particularly exposed to the slowdown in battery-powered cars given it exclusively makes EVs....
April 15, 2024
US equities
Magnificent Seven’s grip on markets slips as investors look past AI hype
...“It’s been the companies that have really given something extra to investors that have traded up”....
February 4, 2024
LexIthaca Energy Inc
Oil sector dealmaking does not herald a North Sea revival
...Eni would hold 38 to 39 per cent of the enlarged group under the limited details released so far. The combination would raise Ithaca’s production to above 100,000 barrels/day....
April 4, 2024
LexAirlines
US airlines: Alaska-Hawaii regulators may have antitrust objections Premium content
...Unsurprisingly, given the distance between the 49th and 50th states to join the US, the two airlines have few overlapping routes....
December 4, 2023
Unhedged
Valuing Reddit, take 2 Premium content
...Given the many constraints on its monetary policy, the BoJ just appears to have limited sway over the yen. It will have to do much more to wrest control of its country’s currency back from the Fed....
March 28, 2024

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