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...In some ways, however, the group is still a business of two halves....
...Shares in Paragon Banking and OSB, a peer with its own book of BTL, slipped during 2023. They then staged a triumphant comeback to the end of year, thanks to the peaking of interest rate expectations....
...Of course it cuts both ways....
...That, of course, is the best and most common way of creating permanent investment losses (to my knowledge Buffett has not made this argument, but he may well have; it sounds pretty Buffetty)....
...They end up paying for all those card points, miles and cashback — one way or another. pan.yuk@ft.com...
...It hasn’t worked out that way....
...Being a paragon of virtue was easier in the time before the baying mobs of social media arrived on the scene....
...But, like earlier incarnations of its M-series chips, the M4 is likely to mark the beginning of a wider upgrade to its custom chips across Apple’s product range, paving the way for more advanced AI capabilities...
...In one way, Musk’s wish has already come true. Tesla is valued like a pure AI and robotics company, even though it isn’t one yet....
...Amazon, Walgreens, CVS and other big retailers have in recent years elbowed their way into the healthcare industry, spending billions of dollars on acquisitions....
...One way to see this is that other currencies have weakened against the dollar in a similar way as the yen. The US dollar index is up 3 per cent this year....
...“With a fairly small investment and minimal risk, Pfizer can open up this channel and then all of a sudden it has a way to interact with patients directly,” said Timothy Calkins, a marketing professor at...
...Social media platforms including TikTok, Meta, X and YouTube have all been exploring ways to integrate generative AI into their platforms, through chatbots and new tools helping influencers and advertisers...
...“Our goal is to always celebrate the myriad of ways users express themselves and bring their ideas to life through iPad.” “We missed the mark with this video, and we’re sorry,” he said....
...Its second note revealed that adjusting the size of the bitcoin allocation based on its recent volatility was a way to control for volatility....
...Tesla shares surged after chief executive Elon Musk struck a deal with China’s search and mapping group Baidu paving the way for the US company’s semi-autonomous driving technology to be rolled out in the...
...Forced divestitures can also capture the imagination: Theodore Roosevelt still stands as the paragon of trustbusting for his 1900s crusade against Standard Oil....
...But what all of us certainly could do with more of is some nuance in the way we view and judge the actions of other people. jemima.kelly@ft.com...
...The DMA has created a framework of rules designed to force big tech companies to make changes to their operations in ways that allow for greater competition in digital markets....
...Crevoiserat: …by the way, we grew gross margin across all our brands. I don’t know if I said that earlier....
...The law, signed by President Joe Biden, has aggravated US-China tensions, and the lawsuit is the first step in a legal battle that is likely to decide TikTok’s fate in the US and could make its way to the...
...“The large PBMs make money every step of the way when they stick with the brand and it will take a lot to shake them from that mindset.”...
...Large companies facing so-called tort liability have awkwardly turned to the bankruptcy system, arguing that Chapter 11 is the only way to resolve claims efficiently and fairly....
...Its decision last year to release its own model in open-source form was seen as a clever way to make up for lost time....
...“The Stripe announcement in some ways is the same principle in reverse. Instead of fiat coming into cryptoland, it’s crypto being used as a currency in the real world.”...
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