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US Inflation Reduction Act
Georgia governor says Biden subsidies are hurting state’s booming economy
...Kemp, who was re-elected governor in 2022, blamed Biden’s pandemic stimulus spending for sparking a surge in US inflation, which hit a multi-decade high in 2022 before drifting lower in the past year....
February 18, 2024
News in-depthApple Inc
Apple’s headset headache: the tiny and costly displays inside the Vision Pro
...LG Display, which produces the external OLED displays on the inaugural model of the Vision Pro, unveiled its own micro OLED prototype at the annual Consumer Electronics Show in Las Vegas in January....
July 7, 2023
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-depthEcuador
Ecuador’s president displays strongman credentials with Mexico embassy raid
...Bukele pushed through an amendment to the constitution that allowed for his re-election, but Noboa told the Telemundo TV network in January that he “does not want to change the constitution to be in power...
April 9, 2024
Instant InsightEdward Luce
Joe Biden just kicked off his re-election campaign
...The same applies to “We’re the United States of America”. They sat impassively and unsmilingly throughout. All of which presages the weird 2024 election campaign....
March 8, 2024
Batteries
South Korean EV battery makers lay off workers and scale back investments in US
...“LG is relatively better positioned because they’re reprioritising investment towards Hyundai and Tesla, which are making vehicles that actually people want to buy and doing so profitably,” said Bush....
November 23, 2023
The Big Read
Is South Korea’s economic miracle over?
...Samsung and LG are fighting for survival in the global display industry they dominated just a few years ago....
April 22, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
LG Energy Solution
EV battery maker echoes Musk warning that high rates will hit sales
...Lee’s comments echoed Musk’s, who said last week during Tesla’s earnings call that he was “worried about the high interest rate environment we’re in”....
October 25, 2023
Inside BusinessChristian Davies
South Korean display industry still paying a heavy price for Chinese deal
...Samsung and fellow South Korean display maker LG still enjoy a technological edge in top-end organic light-emitting diode displays, but this may not last for long....
December 6, 2023
#techAsia
AI and autos at CES, and Panasonic’s US plans Premium content
...LG showcased an AI-powered robot companion that can call an ambulance if a person has a fall at home....
January 11, 2024
Lex PopuliPersonal Finance
Stock splits: slicing the burrito
...Biotech business Redx Pharma this week blamed low liquidity on London’s junior market for its decision to delist its shares from Aim and re-register as a private company....
April 5, 2024
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...The work has been in the same American collection since 1995, when it was bought for $475,500, and is re-offered, guaranteed, in New York next month....
April 18, 2024
Highlights from the New Hampshire primary: Trump wins, Haley vows to press on
Comment: New Hampshire remains a tale of two Americas
...I suspect we’ll see both Americas on display today....
January 23, 2024
Tesla Inc
Tesla asks shareholders to approve move to Texas and ratify Musk’s pay
...The vote is a chance for shareholders to re-endorse Musk’s leadership of the company, at a time when Tesla’s sales have fallen in the face of slowing demand and rising competition....
April 17, 2024
Unhedged
It’s much more than just a tech rally Premium content
...We’re going to start with actions that partially offset stock-based comp, and then we’re going to work our way up towards a consistent reduction of share count.”...
February 27, 2024
Tesla Inc
Tesla is five times bigger than all the public companies in Texas
...Honestly, we’re only posting this so you have a fresh comment box in which to argue with each other....
February 1, 2024
FT Live
Investing in Piauí – Brazil
Exploring business opportunities and delivering sustainable growth
Friday, 17 May22 Vanderbilt, Madison Avenue, New York, NY, USA
Bitcoin
Bitcoin price tops $60,000 for first time since 2021
...“We’re beginning to see improvement in customer trading. Due to increased traffic, some customers may still see errors in login, sends, receives and with some payment methods....
February 28, 2024
Warner Bros Discovery, Inc
Warner Bros Discovery aims for global market with Europe launch of Max
...Max launched in the US in May 2023 in an attempt to challenge Netflix, Disney and Amazon in the streaming market, and in Latin America and the Caribbean earlier this year....
March 21, 2024
US banks
US banks set for profits boost as expectations grow of fewer Fed rate cuts
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
April 9, 2024
Special ReportThe Americas’ Fastest Growing Companies
Its blockbuster cystic fibrosis treatment costs $300,000 a year. Now Vertex wants to solve the opioid crisis
...These positive effects are evident in Vertex’s revenues, which more than doubled between 2019 and 2022, from $4.2bn to $8.9bn, the period covered by the FT-Statista ranking of the Americas’ 500 fastest-growing...
April 26, 2024
Berkshire Hathaway Inc
Buffett’s real estate brokerage to pay $250mn over commission lawsuits
...Berkshire Hathaway’s HomeServices of America, the largest US residential real estate brokerage, has joined rivals and agreed to settle lawsuits that challenged long-standing fee arrangements in the industry...
April 26, 2024
Trade Secrets
Theatrical strife over tariffs that might get Biden re-elected Premium content
...The standard view is, of course, that Trump won in 2016 by appealing to the left-behind in America’s heartland, who had suffered from the famous “China shock” in the form of competition from Chinese imports...
March 11, 2024
Cryptofinance
Bitcoin Fog is a ghost of the past
...This week, we’re taking a look at a reminder of bitcoin’s past.It’s easy to find glowing media coverage about bitcoin....
March 15, 2024
Gympass, Inc.
Corporate wellness start-up Gympass prepares for IPO with rebrand
...“We’re now getting close to 2,000 employees worldwide. The idea is to keep investing,” said Carvalho....
April 4, 2024
Frieze LA 2024
Luna Luna, long-forgotten art amusement park, is revived with a little help from Drake
...All the while, restoration of the original attractions is ongoing in what Tan calls a “very long-term project”. “We’re not afraid to show a missing panel or paint chips,” she says....
February 24, 2024
Big Tech
Microsoft and Alphabet enjoy AI-powered gains from cloud divisions
...“If you’re not engaging AI actively and aggressively you’re doing it wrong,” Nvidia chief Jensen Huang said at an event organised by payments company Stripe on Wednesday....
April 26, 2024

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