Hints and tips:
...H&M’s chief executive Helena Helmersson has quit after just over four years in the top job as the Swedish fast-fashion group struggles to improve profitability....
...Hoffman, who sold LinkedIn, the professional networking site, to Microsoft for $26bn in 2016, and Pincus, who co-founded the video game maker Zynga, have launched two Spacs....
...Gallant hopes also to establish a “shipping solution”, helping reduce the volume of international air freight, and is in discussions with stand-builders about reducing material waste at art fairs....
...Representatives for H&F and Bain Capital declined to comment....
...Ending the mask requirement will not have a “meaningful impact on demand” for air travel, said Savanthi Syth, an analyst at Raymond James....
...Additional reporting by James Fontanella-Khan in New York and Sara Germano in Beijing...
...In that vein, Nike recently launched Nikeland, also on Roblox, where shoppers browsing digital Nike products are greeted by a virtual reincarnation of basketball star LeBron James....
...Goldman had taken his connected fitness company public the year before and was hosting a virtual event so clients could learn from “builders and innovators”....
...Sleeps up to four, from $200 a night; a cook costs $30 per day (airbnb.com/h/ushawishikilifi) Disappointment A line-item in my annual accounts I’ve just signed off....
...Joby Aviation has agreed to merge with a blank cheque company launched by the entrepreneurs Reid Hoffman and Mark Pincus, in a deal that values the electric flying taxi developer at $6.6bn after a new fundraising...
...Its previous owners — Bain Capital, the Carlyle Group and Thomas H Lee Partners — took the company public in 2011. Additional reporting by Patrick Temple-West in New York...
...Get the full story from the FT’s Stephen Morris, Arash Massoudi and James Fontanella-Khan. Welcome to the Due Diligence briefing from the Financial Times. Not a subscriber? Sign up here....
...For decades, Cathryn Blum has been a film location scout in San Francisco, helping productions from James Bond to Top Gear make use of the picturesque west coast city....
...In this video, DD’s James Fontanella-Khan explains how it takes a lot more than a pill to ward off activists in the coronavirus climate....
...We’ll be talking all things Spac-mania on Thursday with DD’s James Fontanella-Khan and Ortenca Aliaj. Sign-up here. PSA and Fiat Chrysler rewrite their vows They say only fools rush in....
Prominent conservative is major supporter of president’s economic agenda
...The company, like its rivals, has also faced competition from lower-priced fast fashion retailers such as H&M and Zara....
...Shares of US builders and real estate groups tumbled on Tuesday as investors digested fresh signs of a housing slowdown....
...Earlier this month, the company said chief executive James Brett stepped down after about 16 months at the helm, having only succeeded Millard Drexler in July 2017....
...Stephane Beyazian, an analyst with Raymond James, said the new chief executive would have to resist regulatory pressure for a nationwide rollout of fibre optic broadband and should ponder whether to continue...
...As the Ghosn saga unfolds, Leo Lewis notes that the current crisis Nissan is in is an embarrassing reminder that Japan Inc has largely lost its influence to hobble an all-Japan rescue squad in times of need...
...Mr Mattis is known as a bridge builder....
...James Fisher surged to the top of the FTSE 250 risers a day after full-year results from the marine engineering services specialist. Canaccord added James Fisher on to its “buy” list....
...Time Inc eventually said it would not sell itself. Time Inc’s 3½-year run as a standalone publisher has been rocky....
...Meredith has agreed to pay $18.50 a share for Time Inc, a 46 per cent premium to the share price on November 15 before Meredith’s latest interest was reported....
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