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...TikTok said ByteDance staff in China were not involved in trust and safety decisions, which were handled out of the US and Ireland....
...Odey Asset Management did not respond to a request for comment. This article has been amended after publication to correct the spelling of Ortex’s name...
...Activist investor Sparta Capital Management is calling on London-listed engineer Wood Group to consider a US listing to address the “continued underperformance of its shares”....
...The combination of fire safety costs and lower interest rates has hit all housebuilders, but Crest is faring worse than its peers....
...“The senior management of Boeing are in a shit storm again, which can’t be good for delivering aircraft,” he said. Still, he offered Boeing’s senior management his full support....
...The FAA chief also said he would meet chief executives of US airlines on Wednesday to discuss how to “share information more transparently and improve our safety management systems”....
...The company has added an ombudsman for employees authorised to work on behalf of the FAA — a move required by a lawsuit settlement — and added real-time data and analytics software into its safety management...
...It has brought in a retired Navy admiral, Kirkland H Donald, to review its quality management systems....
...Private equity firm Clearlake Capital and financier Todd Boehly led the £2.5bn acquisition of the Premier League club last year....
...Investment theory implies that a rally in “flight to safety” assets is odd if the price of risky assets is rising, too....
...The coalition buying the team — Rubenstein, a Baltimore native, along with Ares Management chief Michael Arougheti and Orioles legend Cal Ripken Jr. — wasn’t as surprising as the timing....
...and differentiation on safety....
...One invite to start: Join footballing legend Zlatan Ibrahimović, dealmaker Gerry Cardinale, Premier League chief executive Richard Masters and UK culture secretary Lucy Frazer in less than two weeks at our...
...[loans] are underpinned by cash equity from a sophisticated institutional equity owner and a sophisticated management team, and we are going into this current cycle with more equity subordination in all...
...Most VCs continue to charge LPs a management fee regardless of whether they had made investments, but Sequoia Capital, one the premier tech VC groups, started waiving fees on capital it had not yet committed...
...Responding to popular concerns about commercial real estate — rising interest rates and work-from home-trends — he said: We have always focused on owning premier real estate in the best locations, which...
...You’ve got fewer open spots this year and more people applying for those spots because of the flight to safety from investment banking and tech.”...
...You’ll be treated to lots of Lee’s excellent journalism in forthcoming editions of this newsletter; for a taste of what to expect, check out her investigation for The American Prospect into safety conditions...
...Our Big Read explains current premier Giorgia Meloni’s plan to rewrite the constitution in a bid for stability....
...“The risk rally has further legs to go if you consider there is a lot of cash on the sidelines that can be deployed,” he said, with safety-first money market funds attracting nearly $2tn last year, pushing...
...But e-scooter rentals have struggled to reach consistent profitability, amid regulatory strictures, safety concerns, and high capital and operating costs....
...A $600mn equity investment in UK waste management company Biffa in early 2008 proved disastrous....
...Silver Lake, with $101bn in assets under management, is a US private equity firm known for its tech investments....
...For those looking for a “margin of safety” for an investment—we believe Citi looks like a stock to own....
...The difference, we note, is enough to buy four Premier TurboTax licences....
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