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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...BCG is working with global tech giants and AI companies — from Microsoft and Google to OpenAI and Anthropic — to integrate their technology into company operations and processes....
April 23, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
April 23, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Live news: Ukraine pressures draft-age men abroad to join war effort
General Motors upgrades guidance after quarterly revenue beat
...“Retail is continuing to perform even as we have lower incentives than average out there,” said chief financial officer Paul Jacobson....
April 23, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...As they garner more information about their companies — assuming it is positive — they hold fast. Of course it cuts both ways....
April 19, 2024
General Motors Co
General Motors stock soars on $10bn share buyback and dividend boost
...The company acknowledged difficulty building battery modules for its electric vehicles this year, with Jacobson noting “there’s been some self-inflicted harm in terms of our execution”....
November 29, 2023
General Motors Co
GM says strike has cost $800mn as 5,000 more workers walk out
...The company said on Tuesday that it no longer plans to build 400,000 EVs by the middle of next year, although it still aims to reach 1mn EVs annually by the end of 2025....
October 24, 2023
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
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...But the company was ultimately unable to get permission to operate locally....
April 19, 2024
Due Diligence
The billionaire, TikTok and Trump Premium content
...SIG’s playbook is to bet small amounts of money on a lot of companies....
April 24, 2024
Gillian Tett
Companies must rethink how they handle cyber risk
...The CIA’s Patel says more companies are waking up to the dangers. “Since the Russia-Ukraine conflict, the private sector has been much more forward-leaning,” she notes....
April 18, 2024
LexElectric vehicles
Slumping EV sales should not ring alarm bells in Europe — yet Premium content
...Sales of higher-margin combustion engine vehicles help with cash flows while the legacy European companies invest in electric models. The question is how long the breathing space will last....
April 23, 2024
News updates from November 30: US diplomat Henry Kissinger dies aged 100, US says Indian official directed foiled plot to kill Sikh separatist in New York
What to watch in North America today
...GM: General Motors chief executive Mary Barra and chief financial officer Paul Jacobson will deliver a business update to analysts after the company releases new financial materials....
November 29, 2023
LexTesla Inc
Robotaxis are not the solution to Tesla’s problems Premium content
...It is a stretch to imagine that robotaxis can turn the company’s fortunes around this year. Musk presided over the company’s latest quarterly earnings call with a confusing message....
April 23, 2024
LexIntuit Inc
AI boom can even work on your taxes Premium content
...In recent years, the company has sought to diversify through acquisitions. It bought personal finance company Credit Karma for $8.1bn in 2020 and email marketing provider MailChimp for $12bn in 2021....
April 22, 2024
LexLive Nation Entertainment Inc
Live Nation deserves to face the antitrust music Premium content
...An unwinding of the deal that created the company no longer looks far-fetched....
April 18, 2024
Netflix Inc
Netflix profits surge after password-sharing crackdown
...The company said it generated strong engagement in the first quarter from subscribers in the UK with Fool Me Once, which had 98mn views....
April 18, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Airlines
US airlines under fire for raising baggage fees again
...“While we don’t like increasing fees, it’s one step we are taking to return our company back to profitability and cover the increased costs of transporting bags.”...
March 10, 2024
US & Canadian companies
Pwease don’t be mean, I’m just a wittle luxury bag conglomerate 👉👈
...to us that they don’t understand how consumers shop today and they don’t understand the dynamics of a marketplace with no barriers to entry, constant influx of new competitors,” Joanne Crevoiserat, the company...
April 23, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...Some have blamed this on Google’s fragmented structure, big-company bureaucracy and the lack of a coherent company-wide plan for rolling out generative AI across its range of products and services, the Financial...
April 18, 2024
ReviewTelevision
The Gilded Age series 2 — lavish costume drama returns with light entertainment
...their new seaside estate in Newport, Rhode Island, their neighbour on Fifth Avenue, Agnes van Rhijn (a terrifically cutting Christine Baranski), reels from the revelation that her niece Marian (Louisa Jacobson...
October 27, 2023
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...Some companies are limbering up and are worth a look. But don’t expect many personal bests in the near term....
March 29, 2024
JD Sports Fashion PLC
JD Sports to deepen US reach with $1bn bid for Hibbett
...JD Sports will pay $87.50 per Hibbett share in cash, representing a premium of about 21 per cent to the US company’s last closing price....
April 23, 2024
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...A series of TikTok executives in the US have exited after the four-year mark, including the company’s former chief operating officer, Vanessa Pappas....
April 22, 2024
LexCredit cards
Visa and Mastercard’s deal to cut fees is a hollow consumer victory Premium content
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
March 27, 2024
LexUS retail
Why US department stores have most to fear as credit card debt sours Premium content
...Credit cards accounted for less than 5 per cent of total sales at the three companies in 2022....
April 5, 2024
LexDollar Tree Inc
America’s dollar stores are struggling Premium content
...The resilience of the Dollar Tree chain allowed the company to trade at a premium to Dollar General throughout much of 2023....
March 19, 2024

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