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...which is owned by MassMutual, one of America’s biggest life insurers....
...Chart of the day Millions of people watched the total solar eclipse yesterday as it swept across Central and North America....
...Several European carmakers, including Volkswagen and BMW, are unaffected because Baltimore’s Sparrows Point terminal, on the site of an old steelworks, is downstream of the bridge and remains open....
...Apple, Amazon, BMW, Goldman Sachs, KPMG, Walmart and Meta....
...The primary concern was infrastructure, said Thomas Becker, head of sustainability at BMW....
...In addition to BMW’s choice of Spartanburg, Mercedes opened its biggest North American plant in Tuscaloosa, Alabama, and Toyota chose Georgetown, Kentucky....
...In Germany, the behaviour of Volkswagen, BMW and Daimler, which have reported record profits over the past year, shows how supply bottlenecks, coupled with resilient demand, have allowed companies to boost...
...The move comes just days after VinFast announced plans to build an electric vehicle and battery factory in North Carolina....
...Land Rover claims that North America is now the Range Rover’s biggest market, which explains why we have all come to California for the launch of this, the fifth generation of the car....
...Within minutes of the Supreme Court ruling striking down the right to an abortion in America, John Fetterman, the Democratic candidate for Senate in Pennsylvania, sought to channel the anger at the decision...
...Candle acquired Reese Witherspoon’s production company Hello Sunshine for $900mn in August and has struck deals with kids’ media group Moonbug Entertainment and Will Smith’s production company Westbrook....
...The last time bankers underwrote such a deal was when Goldman Sachs, Bank of America, BNP Paribas and Mizuho Bank agreed to provide £6.6bn of bridge loans to back Clayton, Dubilier & Rice’s take-private...
...An internal memo written by Microsoft president Brad Smith and sent to staff in June outlined the company’s strategy....
...The company on Wednesday debuted the vehicles in Los Angeles, where it said it would spend $200m to establish a US headquarters as part of a push into North America and Europe....
...The Siberian wildfires released almost three times as much carbon into the atmosphere than those in North America in the summer of 2021, according to data from Copernicus, the EU observation programme....
...“They are big beneficiaries of elevated retail volumes,” Alex Kramm, a research analyst at UBS, said of Virtu....
...Will Smith), The Roots, Meek Mill and Lil Uzi Vert — but its indie scene has thrived in recent years....
...As a result, one half of Mr Smith’s carry was in his own name and the rest was in the name of a Nevis LLC called Flash Holdings, which was owned via bearer shares by a Belize foundation called Excelsior....
...Law firm Reed Smith has hired Christopher Jackson and Adam Longney as partners in its London aviation group. Both join from REN Legal....
...The UK’s army chief, General Mark Carleton-Smith, has said its future is “boots and bots” — troops and robots advancing together to the battlefield supported by “swarms of drones” which identify artillery...
...“We have seen a V-shaped recovery in equity markets, but we are far from that in the real economy,” she said, as US stocks closed out their best quarter since 1998....
...In contrast, the US has experienced a rush of racier debt deals in recent weeks from companies in the eye of the storm of the coronavirus crisis....
...“What you’re seeing is an expectation of a V-shaped recovery and that may prove to be too optimistic,” said one equity analyst....
...Andrex and Scott toilet roll maker Kimberly-Clark said panic buying ahead of the coronavirus lockdown, particularly in North America, helped first-quarter revenues rise strongly....
...While I would not advocate for helicopter money in normal circumstances, we need to use every tool to ensure this is a ‘V’ shaped recovery — and helicopter money could be an effective tool....
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