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LexCredit cards
Visa and Mastercard’s deal to cut fees is a hollow consumer victory Premium content
...They end up paying for all those card points, miles and cashback — one way or another. pan.yuk@ft.com...
March 27, 2024
Credit cards
Visa and Mastercard agree $30bn settlement over US transaction fees
...Even cards from the same issuer can carry different fees for merchants based on the rewards such as airline miles or cashback that the cards offer consumers....
March 26, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
FT Alphaville
Caution: Lyft out of order
...Lyft’s insurance cost per trip is about $2.43, or 50 cents per mile....
February 14, 2024
Rutherford Hall
Never call yourself a futurist
...This is the last mile of healthcare. Some big regulatory issues too of course. WhatsApp to WesPete: Ha, no I wouldn’t call myself a futurist. Just a comms guy with an eye on the horizon....
April 8, 2024
FT Magazine
The delivery rider who took on his faceless boss
...When a courier received a receipt, all they saw was an anonymised route from A to B, alongside the number of miles and what they were paid....
March 15, 2024
Inside BusinessJune Yoon
BYD’s $230,000 electric sports car signals plan to take on VW and Toyota
...The model’s battery-only driving range of 68 miles is enough to cover the average of 18 miles a day that cars in the UK are driven. The timing is opportune. Hybrid sales are surging around the world....
March 5, 2024
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...Every fortnight, retired business owner Carolyn Davis drives more than 300 miles from her home in Florida’s Pensacola Beach to a hospital in Atlanta, Georgia, for an hour-long infusion of a novel medicine...
April 22, 2024
Berkshire Hathaway Inc
Buffett sounds wildfire alarm as utilities industry enters new era
...With assets worth $134bn, Berkshire Hathaway Energy supplies 12mn electric and gas customers, maintains more than 30,000 megawatts of power generation capacity and owns a 21,000-mile natural gas pipeline...
March 1, 2024
Israel-Hamas war
Houthi rebels hit US-owned cargo ship in Gulf of Aden
...Eagle Bulk Shipping, which is listed on the US’s Nasdaq exchange, said in a statement that its vessel had been hit by an “unidentified projectile” while approximately 100 miles offshore in the Gulf of Aden...
January 15, 2024
US retail
Cyber Monday online shopping spree forecast to break record
...“We think it’s going to be a strong season,” Beryl Tomay, Amazon’s vice-president of last-mile delivery and tech, told the Financial Times....
November 27, 2023
LexIthaca Energy Inc
Rosebank: dower of Scotland gives Ithaca a sails boost Premium content
...It took navigationally challenged Greek hero Odysseus 10 years to get from Troy to Ithaca, a distance of just 500 miles. Ithaca Energy is on a ramble of its own....
September 27, 2023
FT Magazine
‘We’re all maggots’: an audience with Jim Riswold, the copywriter behind some of Nike’s greatest adverts
...Miles Davis. Grace Jones. Then came the Nike account and a series of ad campaigns that helped transform a sports shoe company into a multibillion-dollar brand....
March 9, 2024
LexAmerican Airlines Group Inc
American Airlines: bumpy economic landing set to jostle carrier shareholders Premium content
...American said it expected revenue per “seat mile” — a measure of efficiency — to drop by as much as 6.5 per cent in the current quarter. This is in line with previous expectations....
September 13, 2023
Markets
Charlie McElligott, meat-powered market mystic
...Nomura’s offices are in downtown Manhattan, but McElligott’s home is about 30 miles away in New Jersey....
November 21, 2023
Zoom Video Communications Inc
Zoom calls employees back to office after riding work from home wave
...The San Francisco-based software company has told employees who live within 50 miles of one of its locations that they will have to come to the office at least two days a week....
August 7, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Greensill Capital
Greensill insurer IAG turns fire on rivals in battle over investor losses
...In a hearing in the London high court on Monday, Mr Justice Miles outlined which documents could be used by both sides as evidence....
November 2, 2023
FT Alphaville
Hook-ups, heterogeneity and the post-romantic life of online dating
...It’s not exactly cradle-to-the-grave, but it’s not a million miles away. As with so many services, the key challenge is about acquiring — and keeping — premium users....
August 10, 2023
US-China relations
Ex-Apple engineer accused of stealing trade secrets and fleeing to China
Case is among several announced on Tuesday over alleged crimes including export violations and smuggling
May 16, 2023
Personal Finance
Is it too late to invest in the gold rush?
...“It’s the dollar losing utility as an asset to store trade surpluses,” says John Hathaway, managing partner of Sprott Inc, a Canadian asset manager specialising in metals....
April 26, 2024
LexCredit cards
Visa/Mastercard: US market slow to diversify credit card processing Premium content
...They in turn use the money to fund perks for cardholders, including cash back and airline miles. Smaller networks can offer merchants lower fees. But lower fees mean lower profits for banks....
June 19, 2023
ExxonMobil
Exxon boosts low-carbon efforts with $4.9bn deal for Denbury Resources
...across the US, including 925 miles in Louisiana, Texas and Mississippi....
July 13, 2023
Tesla Inc
Tesla robotaxis are worth $700bn, or $870bn, or zero
...According to our math, robotaxis should cost far less than private cars, given much better utilization (in the US, taxis do 6x as many miles per year vs a private car)....
July 18, 2023
FT SeriesRussia in Africa
Wagner Inc: a Russian warlord and his lawyers
Yevgeny Prigozhin, founder of the mercenary operation, has used prominent legal firms around the world to try to keep western governments at bay
January 24, 2023
Moral Money
Investors pressure Nike on wages allegedly owed to factory workers Premium content
...But activists are hoping that the latest intervention by investors will draw more attention to the workers that Nike depends on, many miles away in Asia....
September 11, 2023
Victoria PLC
How an alleged ex-gang member is tied to royal carpet maker Victoria
...Reports of the trial indeed give Mohammed Karim’s address as Longhouse Drive in Denholme, a town seven miles away from Keighley....
November 7, 2023

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