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Berkshire Hathaway Inc
Buffett admits Berkshire’s days of ‘eye-popping’ gains are over
...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....
February 24, 2024
Unhedged
Everyone calm down about CPI Premium content
...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....
February 14, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
FT Asset Management
Asset Management: Berkshire’s days of ‘eye-popping’ gains are over
...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...
February 26, 2024
Rivian Automotive, Inc.
Rivian boosts EV production target as supply problems ease
...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...
August 8, 2023
Unhedged
The loan with the 545% interest rate Premium content
...Yellow is not reorganising but rather selling off its terminals, trucks and trailers. The gross proceeds collected may far exceed $2bn....
August 29, 2023
News in-depthNikkei Asia
Cambodia vexes Vietnam with plan to divert Mekong trade via China-built canal
...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....
March 21, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Electric vehicles
Tesla delivers record number of cars as price cut pays off for Musk
...Deliveries of the Cybertruck, Tesla’s highly anticipated rival to pick-up trucks, are due to begin this quarter....
July 2, 2023
Unions
Teamsters boss vows tougher line in US labour talks
...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....
June 7, 2023
Rupert Murdoch
Rupert Murdoch resolves his own succession drama — for now
...Lachlan quit the company in 2005 after falling out with Rupert, but returned from exile in Australia 10 years later, driving up to the Fox lot in a pick-up truck....
September 22, 2023
News in-depthElectric vehicles
Welcome to Normal: the town that holds the keys to Rivian’s future
...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....
May 8, 2023
Art Basel 2023
Hélène Leloup, pioneering dealer in African art, is selling prize pieces
...“The only way to find out more about a sculpture is to go to where the people are and ask them” was her line....
June 9, 2023
Electric vehicles
Time for “the great EV deflation”
...The effects on Ford’s bottom line will be “relatively minor,” Jonas says. But he has his doubts about the legacy automakers’ competitive edge....
January 31, 2023
Rivian Automotive, Inc.
Electric truck maker Rivian warns supply chain problems will persist
...“But with a vehicle that has hundreds of suppliers and thousands of components . . . it only takes one part from one supplier to stop the line.”...
November 10, 2022
Europe Express
Why Ukraine needs more ammunition, and fast Premium content
...Now read these Truck let-off: Trucks and coaches in the EU must cut their emissions by 90 per cent by 2040 under plans seen by the FT, a softer target than for cars....
February 14, 2023
LexTesla Inc
Tesla/Thailand: tax breaks electrify local car market Premium content
...This is not because of brand loyalty or particular love for trucks. Thailand’s excise tax on pick-up trucks is as low as 3 per cent. For passenger cars, it ranges as high as 50 per cent....
December 8, 2022
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
News in-depthElectric vehicles
Will a price war accelerate the switch to electric cars?
...He also said the company had raised the price of its electric F-150 Lightning pick-up truck by $11,000 since launching the model....
May 7, 2023
LexCarMax Inc
CarMax: used car boom comes to screeching halt Premium content
...The average age of cars and light trucks on US roads is a record 12.2 years according to IHS Markit....
December 22, 2022
Tesla Inc
The trouble with making Tesla’s economics work at any cost
...Tesla has to keep refreshing and expanding its product line just to stand still; and economic realities get in the way of all product roadmaps for all manufacturers, even Tesla....
May 5, 2023
Electric vehicles
China’s EV industry braced for shakeout as prices plunge
...It was subsequently amended to correct the sales growth of Leapmotor and the unit sales of Ora. ©2023 Nikkei Inc. All rights reserved....
May 13, 2023
News in-depthNikkei Asia
Thailand’s motor industry becomes a Japan-China battleground
...A version of this article was first published by Nikkei Asia on January 13 2023. ©2023 Nikkei Inc....
January 17, 2023
InterviewLeadership
Home Depot’s Bernie Marcus: ‘I’m worried about capitalism’
...They put their lives on the line into their businesses. But ultimately, the result is something that’s special and gives them a terrific return.”...
December 29, 2022
Electric vehicles
Electric vehicle maker Rivian and Mercedes team up in Europe
...This marks the first international expansion for Rivian, which builds vans, pick-up trucks and sport utility vehicles in Illinois....
September 8, 2022
Nikkei Asia
China Belt and Road dreams fade in Germany’s industrial heartland
...A version of this article was first published by Nikkei Asia on January 24, 2023. ©2023 Nikkei Inc. All rights reserved....
February 1, 2023
FT Magazine
How Walmart convinced critics it can sell more stuff and save the world
...On his first day, he found a Post-it note on his desk, complaining that rival Kmart sold cheaper fishing line. The handwriting was Walton’s....
October 13, 2022
Life & Arts
How I won a starring role — OK, bit part — in HBO’s ‘Industry’
...Briefly I was talent, even if I only had two lines. I’m sure the glamour wears off quickly....
September 30, 2022

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