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...Instead, parents found off-cuts of brown carpet representing a chocolate river, rationed jelly beans and a quarter cup of supermarket lemonade....
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...A group of Wall Street traders maliciously drove down the share price of a Maryland biotech with a promising new brain cancer vaccine, in pursuit of the marginal profits to be made by buying the stock cheaply...
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...It is becoming more and more common to find star dealmakers outside of Wall Street’s biggest banks....
...That is now in question, although Google is appealing: “The verdict knocks a big hole in the wall of the walled garden,” says Mark Lemley, a law professor at Stanford University....
...The committee “initially considered all US states as well as the possibility of incorporating outside of the US”, before drawing up a 10-state shortlist — California, Delaware, Florida, Maryland, Nevada,...
...But they’re a little bit worried about cultural fit, plus there’s a lingering suspicion from the management committee that if the new recruit was so great, they would have been promoted at their old place...
...Symbolically, the sale of the Orioles reflects a wider shift in US sports ownership, as Wall Street titans take the reins from local dynasties....
...People felt like they were on the cusp of this great globalisation wave....
...While Wall Street revenue estimates have been stable recently, the tone has not been great. The market narrative changed....
...Robert Stallard, analyst at Vertical Research Partners, said bringing Spirit back in-house would be “great for Spirit, not so great for Boeing”....
...The Money Supermarket The 1998 megamerger between banking giant Citicorp and insurer Travelers Group created the world’s biggest financial services company. The experiment hasn’t gone to plan....
...Judging by the record share prices enjoyed by some of these companies in recent months, Wall Street doesn’t believe it either....
...Keeping the share count down looks like an inefficient way of appeasing sceptical investors rather than the best use of capital. Wall Street suffers from perverse incentives....
...You come away from listening to him convinced that bitcoin is the next great innovation in the financial world....
...TikTok has partnered with US cloud software group Oracle to build a standalone unit to wall off American user data....
...“Berkshire has become a great company. Though I have long been in charge of the construction crew, Charlie should forever be credited with being the architect.”...
...UK companies news will be peppered with trading updates, notably supermarket chains Marks and Spencer, J Sainsbury and Tesco, discount retailer B&M and Greggs, purveyor of hot pastry snacks such as the vegan...
...Or, perhaps, he’s the Woolf of Wall Street — if the Mrs Dalloway author had a Bloomberg Terminal and a penchant for highlighting....
...The two product launches marked a push by Apple to shake up the financial services space, in a direct challenge to the biggest Wall Street banks....
...the great bull markets, the fight to buy Sculptor Capital Management was unusually brutal.* A number of Wall Street billionaires and mere millionaires saw a pound of flesh in the publicly listed carcass...
...Second, they determined that a Wall Street investment banker was the person to lead that transformation....
...The dollar store model has seen great growth over time and generates a lot of free cash flow....
...a supermarket lettuce....
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