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Americans account for 14% of users but their revenue contribution will be higher
Legal battle between talent agency and Michael Kassan centres on jet flights and other spending
And more on bad buybacks
...Another factor driving the growth of ETFs is the active ETF boom, said Bryan Armour, director of passive strategies research for North America at Morningstar Research Services....
Also in this week’s newsletter, the Detroit Lions roar back and Real Madrid top football rich list
And yet, we’re struggling to care
Shares of start-up slide after reporting a $5.4bn annual loss and 10% cut to salaried payroll
US state’s chancery court plays a key role in balancing interests of boards and investors
AI could be a game-changer for many of the tech giants
...According to Michael Youngworth, a convertible bond strategist at Bank of America, a slower than expected fall in inflation is also encouraging companies to issue debt sooner rather than later....
...But Bryan Armour, director of passive strategies research for North America at Morningstar, said that on closer inspection a slightly different picture emerged....
...America’s real estate market remains stuck in the mud. Existing home sales, which make up most of the US housing market, totalled just 4.09mn units in 2023, a 30-year low....
Richard Blumenthal accused kingdom of trying to launder its image with potential PGA deal
...Pepsi said the deceleration was largely due to a recall in Quaker granola products over salmonella concerns and weak sales in North America....
World’s biggest brands to spend $650mn on coveted ad slots, featuring celebrities from Lionel Messi to Jennifer Aniston
Counsel for shareholders who challenged Tesla remuneration will submit request in coming weeks
...“Winner” indicates that the organisation won an FT Innovative Lawyers North America award for 2023. The full list of award winners is available here....
Dmitry Rybolovlev had accused auction house of conspiring to overcharge him for works by da Vinci, Klimt and others
...Citi, JPMorgan and Bank of America have all gotten in....
Delaware has long been the go-to place for companies to incorporate. Can Elon Musk change that?
Move comes after chief executive’s record pay package was voided by a Delaware judge
Senators assail consultants for helping Riyadh use ‘soft power’ to build influence in the US
...Musk is now reviving the debate about Delaware and the power its courts wield over corporate America....
A foray into US dealmaking four decades ago raised the hackles of locals and proved financially disappointing
Darcy Stacom became a leading figure in a commercial real estate market that is now in turmoil
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