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...SAP’s announcement “does go to show this is not a net job loss; it’s more of a reskilling”, said TD Cowen analyst Derrick Wood....
...Sachs for pharma companies GSK and Roche, Dutch chip company ASML, Switzerland’s Nestlé and Novartis, Danish drugmaker Novo Nordisk, France’s L’Oréal and LVMH, the UK’s AstraZeneca, German software company SAP...
...There are factors that could sap the fizz from Constellation’s earnings....
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
...But Ewing says that only focusing on fresh challenges — and the difficulties they involve — can sap her confidence and motivation....
...In a January 2023 letter to the transportation department, Airlines for America called the rule “arbitrary and capricious” and said that, if adopted, it “will clutter web pages and mobile screens, thereby...
And more on bad buybacks
AI could be a game-changer for many of the tech giants
...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....
...“Generations before us found that they could prune and cut back trees and shrubs in the last quarter when there was less sap rising and less bleeding [bleeding occurs when sap, the life blood of a plant,...
US state’s chancery court plays a key role in balancing interests of boards and investors
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....
...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....
Also in this week’s newsletter, the Detroit Lions roar back and Real Madrid top football rich list
...Pepsi said the deceleration was largely due to a recall in Quaker granola products over salmonella concerns and weak sales in North America....
...“Winner” indicates that the organisation won an FT Innovative Lawyers North America award for 2023. The full list of award winners is available here....
...Corporate bankruptcies in America are on course to hit their highest level since 2010....
A foray into US dealmaking four decades ago raised the hackles of locals and proved financially disappointing
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
...A serious bill would also protect America’s children from social media....
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