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...They worked quicker and work was of a higher quality....
...Robert BostonKingshill, Kent, UK...
...That’s because the works of contemporary artists such as Warhol and Jean-Michel Basquiat could now become collateral for half a billion dollars of asset-backed securities, alongside paintings by old masters...
...TMTG shares lost more than 20 per cent after reporting 2023 revenues of $4mn, less than half what the average Chick-fil-A franchise makes....
...But you can still email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. CPI: stuck If three data points make a trend, then US inflation looks stuck at 3 per cent....
...Any thoughts welcome: robert.armstrong@ft.com and ethan.wu@ft.com. Tesla and the unsettled EV market Yesterday we wrote about one of two faltering Magnificent 7 stocks, Apple....
...People have strong opinions about the role of big tech in the US economy. If you have strong opinions about anything else, send them along: robert.armstrong@ft.com and ethan.wu@ft.com....
...It’s really only the last point that gives us serious pause, but we are keen to hear what readers think: robert.armstrong@ft.com and ethan.wu@ft.com....
...In the last year, the Magnificent Seven are up 80 per cent, and account for more than half of all US stock market gains. Meanwhile, the median stock, out of the 4,700 traded in the US, is down....
...If other CEOs out there (other than John Ridding) have complaints, send them to: robert.armstrong@ft.com and ethan.wu@ft.com....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Is Uber’s buyback a good idea? Yesterday Uber announced a $7bn buyback authorisation as part of a larger investor update....
...Robert Boston Kingshill, Kent, UK...
...Email us your chocolate alternatives: robert.armstrong@ft.com and ethan.wu@ft.com....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Increasing returns I used to think competition was a stronger economic force than it really is....
...In January, McCourt Global obtained an order allowing it to sell some of the shares of Tennor Holding’s subsidiaries....
...In the European tech sector, you can attribute the high P/E to heavy weighting of expensive ASML and SAP, which together make up half the sub-index....
...The Office of Inspector General, which oversees the Fed, said in a report released on Monday that the two former regional Fed presidents — Robert Kaplan of the Dallas Fed and Eric Rosengren of Boston — had...
...Email us about anything else: robert.armstrong@ft.com and ethan.wu@ft.com. NYCB gets worse It is a sign of our times that a pretty big US bank is in deep crisis and nobody much cares....
...Draggers replied that the crowds of office workers ambling outside in the eerie half-light would hurt productivity. What say you? Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...I’m not sure of the market relevance of either point, but there you go. Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...half of its face value....
...That is in line with current market expectations given that a default at Kemble earlier this month sent the price of a second-ranking “Class B” bond plunging to little over half of its face value....
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