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United Talent Agency Inc
Hollywood power broker splits with UTA over $950,000 ‘special expenses’ fund
Legal battle between talent agency and Michael Kassan centres on jet flights and other spending
March 13, 2024
Big Tech
Tech giants ditch office space in London and Europe
...Such moves mirror efforts in the US, where the company is trying to find tenants for its building in Fremont, California....
December 21, 2022
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
News in-depthParamount Pictures Corp
Redstone and Ellison plot complex finale to Paramount family drama
Interest from Skydance and other bidders could split shareholders in studio behind ‘The Godfather’
February 2, 2024
Elon Musk
Musk discussed potential successor as Tesla CEO, says James Murdoch
...The 51-year-old — who said he flew into Delaware on a red-eye flight straight from Twitter’s California headquarters — told the court that no one on Tesla’s board objected to him drafting in some of the...
November 16, 2022
FT Alphaville
Even multibillionaires are tempted by the thrill of insider trading
...District Court for the Northern District of California, Bechtolsheim settled the SEC’s charges by agreeing to be barred from serving as an officer or director of a public company for five years and to pay...
March 27, 2024
Tesla Inc
Tesla shareholders to vote on moving incorporation to Texas, says Musk
...Tesla already has strong ties to Texas, having moved its headquarters to Austin from Silicon Valley as Musk railed against California’s lockdowns during the coronavirus pandemic....
February 1, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
Elon Musk
Can Elon Musk derail Delaware?
...Tesla has already moved its corporate headquarters from California to Texas....
February 5, 2024
Sergey Brin
Google co-founder Sergey Brin’s airship start-up grows rapidly
San Francisco-based Lighter Than Air Research prepares to trial 120-metre-long aircraft after ramping up spending
June 3, 2022
FT Magazine
An afternoon on the Hollywood picket line
‘Millionaires on strike’ is how some describe the standstill that has gripped Los Angeles. But the calls for action aren’t for the stars, they’re for jobbing writers and actors struggling to stay afloat
August 17, 2023
PepsiCo Inc
New York sues PepsiCo over plastic pollution
...Earlier this year the state of California sued several of the world’s biggest oil companies, including ExxonMobil, Shell and BP, claiming they had misled consumers by suppressing information about the adverse...
November 15, 2023
OutlookPatti Waldmeir
Can the secrets of living to 100 translate to ordinary urban life?
...His zones were Okinawa, Japan; Sardinia, Italy; Ikaria, Greece; Nicoya, Costa Rica, and Loma Linda, California, and he says a long life is more about environment than behaviour....
November 13, 2023
News in-depthPensions industry
Larry Fink’s retirement warning highlights fight over ‘hardest problem in finance’
...State Street Global Advisors developed a new product for the $32bn University of California retirement system aimed at this issue....
March 29, 2024
US inflation
Car insurance! Again!
...Allstate, State Farm and AIG have stopped underwriting new homeowners’ policies in California because of the risk of destructive wildfires....
June 14, 2023
Electric vehicles
Shares in EV makers Rivian and Tesla surge after strong volume data
...The California company reaffirmed guidance for manufacturing 50,000 vehicles this year....
July 3, 2023
Alice Ross
Carbon trading: a slow burn for investors
...(A third, also from WisdomTree, was set up in April this year and tracks the much smaller carbon market in California.)...
June 16, 2023
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Food & Beverage
Beyond Meat shares rally after hours on improved cash outlook
...Earlier this month Impossible Foods notified the California state labour department that it was cutting 132 jobs....
February 23, 2023
Private equity
Is private equity actually worth it?
...For example: if Generic Greek God Capital is buying Widgetmaker Inc, 70 per cent of the equity it ponies up might come from one of its LBO funds....
March 5, 2024
X Corp
Twitter takes legal action over source code leak
...In a federal court filing in the Northern District of California, Twitter revealed that late on Friday, GitHub had responded to a legal notice to take down the code from its site....
March 27, 2023
California
California warns of power outages during record-breaking heatwave
...California is also at the forefront of a transition to a lower-carbon energy system that relies heavily on electricity....
September 7, 2022
News in-depthNuclear energy
California’s governor seeks lifeline for last nuclear plant
...This year, drought has severely depleted the water that feeds California’s hydroelectric dams....
August 29, 2022
Rivian Automotive, Inc.
Amazon-backed Rivian sinks on recall of almost all its electric trucks
...The California-based company is recalling about 12,200 vehicles because of a loose nut, according to a filing Rivian made with the National Highway Traffic Safety Administration....
October 10, 2022
Inside BusinessRichard Waters
It’s time for tech founders and activist investors to get along
Interventions from shareholders have hit a nerve as Silicon Valley’s long boom slows
November 17, 2022
Elaine Moore
The driverless car revolution is stuck in the slow lane
There is still no consensus on how autonomous vehicles should work
October 23, 2022
Pharmaceuticals sector
GSK and Sanofi shares surge after Zantac ruling victory
...“We have our first trial scheduled for February 13 2023 in Oakland, California. I feel very confident about the science in our favour . . ....
December 6, 2022
News in-depthApple Inc
Apple’s manufacturing shift to India hits stumbling blocks
...The iPhone maker has been sending product designers and engineers from California and China to factories in southern India, to train locals and help establish production, according to four people familiar...
February 14, 2023

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