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...The UK’s Dubai-based Maritime Trade Operations (UKMTO) said the attack on the Rubymar took place 35 nautical miles south of al-Mukha in Yemen....
...In a video published online last month, the movement’s leader, Abdulmalik al-Houthi, celebrated attacks on ships it described as “American” and “British”....
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...Every sector of the S&P is up — industrials, consumer staples, et cetera, et cetera. There’s only a few sectors, in fact, that are only up modestly. Most sectors are up like 10 per cent....
...“They absolutely remain in control of the issues but, of course, occasionally need additional resources to help relevant individuals implement what they’re trying to do.”...
...If you owned rate-sensitive, high-risk stocks yesterday you have Unhedged’s permission to sell and take the rest of the year off (Carvana, Zillow, SoFi, et al rose 10 per cent or more)....
...In some cases you’re going to get nearly the whole investment back in the relatively near future and still own the business.”...
...Mauboussin: I co-authored a book with Al Rappaport in 2001 called Expectations Investing, and we dedicated a chapter to this topic called Real Options....
...“We have to make sure the potential is fully realised, that we’re doing this in a co-ordinated way,” he said....
...Well, Robert, I'm glad you asked me that because the Labour party under Starmer with its ruthless dragging back to the centre, it's ruthless expulsion of the hard left, silencing of the Corbynites, et cetera...
...The vessel accommodates eight guests in four cabins and sets sail from Muscat’s Al Mouj Marina, heading north-west to the Ad Dimaniyat Islands....
...Talos Energy appointed John Spath as the company’s executive vice-president and head of operations on Friday after the offshore E&P terminated its contract with Robert Abendschein....
...“They’re obviously popular — they’re being well used,” Norman said of micromobility systems....
...Everyone expects Jay Powell et al to say “no rate increase today, but maybe in a month”....
...The recent rise of the Faangs, et al, looks like a knee-jerk reaction to the fall in rates and rate expectations that followed the banking mess (the 10-year yield has fallen from 4-ish per cent to 3.6-ish...
...That low p/e ratio may prove deceptive as the “e” declines. So, how’s that bet going?...
...Enough strength left over, in other words, to put off a recession for now. Think we’re wrong? Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Eurostar is aiming to build “what I call the backbone of sustainable travel in Europe”, she told the FT’s Robert Wright, detailing a new strategy to focus on its core routes....
...Al Pacino lived in them on the red carpet during the 1990s....
...The addition of the “+” countries (Russia, Kazakhstan, Mexico et al) to the cartel have increased its market share....
...[We’re keeping this one in to shame those involved.] Cristina Criddle, technology reporter This one for me: A funeral for fish and chips: why are Britain’s chippies disappearing?...
...If we are right that consumer spending, despite some recent softening on the margin, is still at or above trend, that is another thing for Powell et al to fret over....
...But even in the face of this poignant example, the Chan et al/Verdad view is very hard for a person like me to accept....
...Prosecute fraud, maybe regulate crypto exchanges like casinos, and keep the SEC et al out of it. This is a disagreement about how to cordon off crypto so that when crypto burns, it is controlled....
...Email me: robert.armstrong@ft.com....
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