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...Rentokil now expects its full-year performance in North America to be “marginally below” its previous expectations....
...Rentokil now expects full-year performance in North America to be “marginally below” its previous expectations, with adjusted operating margin of between 18.5 per cent and 19 per cent, down from 19.5 per...
...However, Rentokil noted a “softer demand environment” in North America which has made it harder to attract new residential customers....
...Max launched in the US in May 2023 in an attempt to challenge Netflix, Disney and Amazon in the streaming market, and in Latin America and the Caribbean earlier this year....
And more on bad buybacks
Americans account for 14% of users but their revenue contribution will be higher
...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....
Legal battle between talent agency and Michael Kassan centres on jet flights and other spending
...America....
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
Also in this week’s newsletter, the Detroit Lions roar back and Real Madrid top football rich list
...But Bryan Armour, director of passive strategies research for North America at Morningstar, said that on closer inspection a slightly different picture emerged....
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
...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....
...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....
...Pepsi said the deceleration was largely due to a recall in Quaker granola products over salmonella concerns and weak sales in North America....
Richard Blumenthal accused kingdom of trying to launder its image with potential PGA deal
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....
Senators assail consultants for helping Riyadh use ‘soft power’ to build influence in the US
...Citi, JPMorgan and Bank of America have all gotten in....
...Musk is now reviving the debate about Delaware and the power its courts wield over corporate America....
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