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Gideon Rachman
Ukraine is the front line of a much larger conflict
...and North Korea....
April 21, 2024
#techAsia
AI and autos at CES, and Panasonic’s US plans Premium content
...Allan Swan, president of Panasonic Energy of North America, told Nikkei on the sidelines of CES that the Tesla supplier still needs “more plants” to reach its goal of increasing annual production capacity...
January 11, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
Batteries
Panasonic’s EV battery unit boosts US supply chain with silicon deal
...Allan Swan, president of Panasonic Energy of North America, said the company was committed to building out a North American supply chain to “maintain stable sourcing” and “manage ongoing global logistics...
December 11, 2023
FT MagazineJancis Robinson
Napa Valley is California’s wine barometer, an expensive one
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
April 20, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
April 23, 2024
Panasonic Corp
Panasonic blames lacklustre Tesla demand for cut to profit outlook
...The downgrade by Panasonic, which lowered its full-year operating profit forecast for its battery unit to ¥115bn ($771mn) from ¥135bn, was spurred by slowing demand in North America for Tesla EVs, which...
October 30, 2023
FT Live
Innovative Lawyers Awards North America
Celebrating innovations from both law firms and in-house teams in the region
Monday, 9 DecemberGotham Hall, Broadway, New York, NY, USA
War in Ukraine
Slash tax on profits from Russia’s frozen assets, US urges allies
...Waiving these taxes would require “significant legal changes to the corporation taxation system in Belgium”, said one person involved in the discussions, who thought it therefore unlikely to happen....
April 19, 2024
Bankruptcy
The US scourge of venue shopping
...Instead, it filed in the Southern District of New York, claiming that venue by virtue of the fact that the non-equity general partner in some of its entities partnerships was a New York corporation....
March 28, 2024
United States Steel Corp
Multinationals urge Yellen not to let politics stop US Steel deal
...GBA’s nearly 200 members include large companies from a range of sectors, including Nestlé USA, AstraZeneca, Diageo, Mercedes-Benz, Panasonic, Sony Corporation of America and chipmaker TSMC....
January 24, 2024
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
What to watch in North America today
...US new home sales: Economists have forecast that sales of new homes in the US increased in March to an annualised pace of 670,000 units, up from 662,000 in February....
April 23, 2024
Live news: Indonesia raises interest rate to 6.25% in surprise move
What to watch in North America today
...The company is expected to report a loss of $1.21 a share, compared with a loss of 69 cents a year ago....
April 24, 2024
Special ReportNorth America Innovative Lawyers
Standout examples of in-house lawyers’ work
...“Winner” indicates that the organisation won an FT Innovative Lawyers North America award for 2023. The full list of award winners is available here....
December 5, 2023
Live news: Scottish power-sharing deal collapses over scrapped climate targets
What to watch in North America today
...Investors will be keen to learn more about its efforts to speed up its rollout and development of AI products....
April 25, 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
#techAsia
Asians woo Tesla, Taiwan’s Kinsus mulls Malaysia substrate play Premium content
...Ultimately, the company is planning to quadruple its EV battery capacity annually by 2031, mainly in North America....
January 18, 2024
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
Donald Trump
Trump claims he may need ‘fire sale’ to pay $464mn fraud judgment
...One of the largest penalties imposed on a New York corporation, the judgment has ballooned the former president’s legal costs, which he is struggling to cover while mounting a campaign for the presidency...
March 19, 2024
Walt Disney Co
Disney settles lawsuit in Florida theme-park dispute
...“No corporation should be its own government,” the statement said, adding the administration was “ready to work with Disney . . . to help promote economic growth, family-friendly tourism, and accountable...
March 27, 2024
US presidential election 2024
Biden’s energy policies are fuelling Trump’s campaign in Pennsylvania
...“I’m pretty tired of constantly worrying that somebody in Washington DC makes a decision that’s going to impact my family in Fayette county,” said Nick Staffieri, a waste management team leader at EQT Corporation...
April 21, 2024
Harvard University
Bill Ackman backs outsider candidates for Harvard board
...The board works alongside the Harvard Corporation in the oversight of the Ivy League institution, including “the power of consent to certain actions such as the election of Corporation members”....
January 10, 2024
US banks
US banks set for profits boost as expectations grow of fewer Fed rate cuts
...Profits may be hit by additional fees as part of the Federal Deposit Insurance Corporation’s plan to recover losses associated with rescuing Silicon Valley Bank and Signature Bank last year, most of which...
April 9, 2024
News updates from April 10: US inflation rises faster than expected; KPMG fined $25mn in cheating scandal
What to watch in North America today
...Fed minutes: The US central bank will release minutes from the Federal Open Market Committee’s last meeting, when it maintained its outlook of 0.75 percentage points of interest rate cuts in 2024 and raised...
April 10, 2024
Batteries
South Korean EV battery makers lay off workers and scale back investments in US
...The Japanese company is considering the possibility of a third US factory in addition to a second site it is building in Kansas. “They [Panasonic] don’t have to cut back. They have to scale up....
November 23, 2023
Commercial property
Big developer launches $1bn fund to buy distressed New York offices
...of distressed sales....
January 20, 2024
Donald Trump
Trump posts $91.6mn bond as he appeals defamation verdict
...The sum, insured by a subsidiary of the Chubb corporation, was posted on Friday in Manhattan federal court as part of an appeal against the decision....
March 8, 2024
News updates from April 11: ECB keeps interest rates on hold; OJ Simpson dies aged 76
What to watch in North America today
...Constellation Brands: The producer of Modelo, the top-selling beer in the US, is forecast to post earnings of $2.04 a share in its fiscal fourth quarter, almost 70 per cent higher than a year earlier....
April 11, 2024

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