Hints and tips:
...Threads will feed off Meta’s Instagram service. It is therefore an easy win for owner Mark Zuckerberg, who can probably beat Musk in a cage fight too. Musk is doing better in electric vehicles....
...Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . . Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . ....
...From top to bottom, from CEO compensation to divisional budgeting and P&L to managerial targets, structures and incentives, we’ve built private firms from the ground up to do one thing really well: extract...
...In one passage, Walker hears from an early employee of the business about how Woodford struggled to deal with the intense interest from brokers pitching start-ups in need of funding....
...By mid-April, revenues for personal services firms — typically a single contractor working, say, as a locksmith, hairdresser or pet sitter — were down by 80 per cent....
...The botched exit from the EU will not help as it will hamper our ability to trade goods, services and capital with countries that be growing quite rapidly in 2021....
...As an authorized provider of Apple repair services, we think Best Buy stores are obviously beneficiaries....
...This second, lower-profile, part of their business has boomed since the crisis....
...Cheap and stable funding creates economic value in financial services, while good or bad lending can only improve or detract from that value....
...Peter Grauer, Mr Bloomberg’s successor as chairman of Bloomberg L.P, earlier this month embarrassed the Labour party by signing a letter in support of the Conservatives only a day after Ed Miliband launched...
...Though, we should point out, the cost of doing business also fell since commodities were cheaper....
...Within the bank you have P&L divided by product such as institutional, private banking and investment banking, and then you have it broken up by geography....
...But what happened is 1991, which was really the onset of the RTC was the successor to ten years of the government doing exactly what the government is doing now....
...Finally, regulatory pressures on all banks will continue to increase the cost of doing business and require higher margins and more capital than previously....
...L&G was down 6 per cent to 37½p, a 15-year low. “Management need to restore confidence, and cutting the final dividend would in our view be a first step to doing this,” Deutsche Bank said of L&G....
...“We are lending other people’s money and that means it is recorded as a cost of sales in the P&L, so when it comes back in we cannot show it again in the P&L as profit.”...
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