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Golf
‘Billionaires’ playgrounds’: the $1mn fees upending Florida’s golf clubs
...The cost of membership at Witkoff and PPG Development’s invitation-only Shell Bay club, which opened to the north of Miami Beach late last year, is $1.35mn....
April 10, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...People are increasingly turning to TikTok, Instagram and other social media platforms for medical advice and information, partly driven by a lack of direct access to healthcare professionals and a desire...
April 23, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
News updates from May 9: BoE signals summer interest rate cut; US jobless claims hit highest level since August
Tapestry trims outlook amid softer sales in North America and China
...Softer spending in North America and China weakened sales in the first three months of this year by 3 per cent and 2 per cent, respectively....
May 9, 2024
Live news: Japanese government bond yields hit six-month high
Victrex profits drop sharply as medical demand falls
...Pre-tax profits at polymer maker Victrex dropped sharply as tough conditions in its medical markets weighed on performance....
May 13, 2024
Airbnb Inc
Airbnb wary of slowdown after early Easter sparks jump in profits
...Airbnb’s profits more than doubled in the first quarter, boosted by an early Easter holiday, but the home rental platform forecast lower than expected sales and earnings for the second....
May 8, 2024
Walt Disney Co
Disney settles lawsuit in Florida theme-park dispute
...Disney has settled a lawsuit over the governance of the company’s Orlando theme parks stemming from last year’s takeover of the district’s board by Ron DeSantis, the governor of the US state of Florida....
March 27, 2024
FT Live
Future of the Car 2025
The leading gathering for the automotive industry
Tuesday, 13 May 2025Sancroft, Paternoster Square, London EC4M 7DQ, UK
News updates from May 1: Fed signals that rates will remain higher for longer; Yen gains amid intervention speculation
CVS Health shares drop 11% after it warns of higher medical costs
...Other health insurance companies, such as Humana, have also warned of rising medical costs....
May 1, 2024
US presidential election 2024
Florida voters to decide whether to protect abortion rights
...Even though Trump has boasted of appointing three of the US Supreme Court justices who ruled in favour of overturning abortion rights, he has recently tried to adopt a more moderate stance on the issue,...
April 1, 2024
UK economy
Wet weather and early Easter damp UK spring sales
...The value of retail sales fell at an annual rate of 4 per cent in April, following 3.5 per cent growth in March, the British Retail Consortium said on Tuesday....
May 6, 2024
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
PepsiCo outstrips forecast despite slowing sales in North America
...The company warned in the previous quarter of a slowdown in North America in both food and beverages that continued into this year, which was partly affected by the recall of some Quaker Foods products....
April 23, 2024
News updates from April 24: Meta shares fall after earnings; Spain’s PM considers quitting
EU launches probe into Chinese medical devices
...The European Commission said that Chinese laws, including the “Buy China” rule, are “favouring the procurement of domestic medical devices and services”....
April 24, 2024
News updates from April 1: Israel accused of air strike on Iranian embassy; US manufacturing sector expands for first time since 2022
Florida voters to decide whether to protect abortion rights
...If the measure passes, it would nullify the state’s current ban on abortion at 15 weeks of gestation, and an even stricter prohibition on abortion at 6 weeks of gestation that is due to take effect on May...
April 1, 2024
LexApple Inc
AI iPhones could liven up Apple sales Premium content
...By shifting its mix of businesses to services, Apple has kept margins expanding even as sales dip....
May 3, 2024
News updates from March 27: Yen hits 34-year low; Nobel winner Daniel Kahneman dies
Disney settles lawsuit in Florida theme-park dispute
...Disney and the state of Florida have settled a lawsuit over the governance of the company’s Orlando theme parks spawned by last year’s takeover of the district’s board by Ron DeSantis, the state’s governor...
March 27, 2024
News updates from April 2: Biden speaks with Xi, Fed’s Mester raises long-term rate outlook
Florida voters to decide whether to codify abortion rules
...If the measure passes, it would nullify the state’s current ban on abortion at 15 weeks of gestation, and allow an even stricter six-week prohibition to take effect on May 1....
April 1, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Nestlé S.A.
Nestlé hit by slowing frozen pizza sales in North America
...In North America, real internal growth was down 5.8 per cent on falling sales of frozen food. Sales in the region fell 7.7 on a reported basis to SFr5.8bn....
April 25, 2024
Apple Inc
Apple halts US sales of Watch before Christmas after losing patent case
...A US judge found in January that a headline feature of Apple’s latest watches, a blood oxygen sensor, infringed patents owned by medical device maker Masimo....
December 18, 2023
News in-depthUS presidential election 2024
Trump donors warm to Marco Rubio as running mate
...The Florida senator was swarmed by donors at a Republican event at Mar-a-Lago last week during which Trump tried to gauge his audience’s reaction to a list of potential running mates, said people who attended...
May 10, 2024
South Africa
S Africa proposes ‘innovative’ medical tourism plan allowing use of rhino horn
...The medical tourism component was “creative”, he added, emphasising that the key was to make “a live rhino worth more than a dead rhino”....
April 6, 2024
Israel-Hamas war
Israel raids Gaza’s biggest hospital
...besieged strip’s north....
March 18, 2024
Corporate bonds
Rush of deals hits US corporate bond market as borrowing premiums fall
...In the investment-grade market, which saw a particularly strong start to the year for borrowing, bond deals to price this week included a $5bn offering from pharmacy giant CVS, a $3bn sale from Coca-Cola...
May 10, 2024
News updates from May 7: White House tries revive ceasefire talks; Stormy Daniels gives graphic account of encounter with Donald Trump at criminal trial
Ford prepared to restrict UK sales of petrol cars to hit EV targets
...Ford is prepared to restrict the sale of petrol models in the UK in order to hit the country’s stretching electric vehicle targets, a move that will probably push up prices for consumers, its European boss...
May 7, 2024
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...It was “ultimately going to be a minority of neurologists who prescribe these drugs”, said Ranjan Duara, a neurologist at Mount Sinai Medical Center in Miami, Florida, who has prescribed Leqembi....
April 22, 2024
North American prime property
The rise of the Manhattan mega renter
...A big driver for the growing demand for super-prime rentals can be traced back to the pandemic-induced exodus from New York to Florida, which coincided with the normalisation of white-collar remote working...
May 10, 2024
Ford Motor Co
Ford ready to restrict UK sales of petrol models to hit electric targets
...Electric vehicle sales have accounted for less than 17 per cent of new car UK sales this year....
May 7, 2024

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