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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...BCG is working with global tech giants and AI companies — from Microsoft and Google to OpenAI and Anthropic — to integrate their technology into company operations and processes....
April 23, 2024
LexArtificial intelligence
Rent the Runway needs more than AI to go from rags to riches Premium content
...The stock, worth $345 when the company went public in October 2021, now trades at just over $11, to give RTR a market value of $41mn....
April 19, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
April 23, 2024
News updates from February 28: US Supreme Court will hear Trump presidential immunity appeal; Bitcoin breaks through $60,000
What to watch in North America today
...The company is forecast to swing to a profit of $1.29 a share after a loss of 10 cents a share a year earlier. Other companies: TJX Companies will report earnings before the bell....
February 28, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...As they garner more information about their companies — assuming it is positive — they hold fast. Of course it cuts both ways....
April 19, 2024
Moral Money
What’s next on John Kerry’s green agenda? Premium content
...The issue of board oversight came up last year at TJX, the parent company of TJ Maxx (known outside North America as TK Maxx)....
January 17, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthBoeing Co
Airlines count the cost of Boeing’s production slowdown
...The company this week reported burning almost $4bn in cash in the first quarter as production rates slowed....
April 25, 2024
Macy's Inc
Miracle on 34th St?
...And it isn’t clear what exactly the investors want to do with the company post-buyout....
December 12, 2023
Apple Inc
Apple removes WhatsApp from China store under pressure from Beijing
...But the company was ultimately unable to get permission to operate locally....
April 19, 2024
Due Diligence
The billionaire, TikTok and Trump Premium content
...SIG’s playbook is to bet small amounts of money on a lot of companies....
April 24, 2024
US economy
US retail sales fall less than expected in sign of consumer resilience
...TJX Companies, which owns discount retail chains TJ Maxx and Marshalls, reported better than expected results on Wednesday and raised its full-year outlook for earnings and comparable sales....
November 15, 2023
Gillian Tett
Companies must rethink how they handle cyber risk
...The CIA’s Patel says more companies are waking up to the dangers. “Since the Russia-Ukraine conflict, the private sector has been much more forward-leaning,” she notes....
April 18, 2024
Unhedged
Anatomy of a slowdown Premium content
...The discount clothing chains TJX and Ross Stores reported strong same-store sales and good margin performance in the third quarter. Their consumer is just fine....
November 20, 2023
LexElectric vehicles
Slumping EV sales should not ring alarm bells in Europe — yet Premium content
...Sales of higher-margin combustion engine vehicles help with cash flows while the legacy European companies invest in electric models. The question is how long the breathing space will last....
April 23, 2024
News updates from November 15: Biden and Xi meet in effort to stabilise relations, UK inflation slows
What to watch in North America today
...Discount retailer TJX Companies is also reporting earnings before the bell....
November 15, 2023
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
LexTesla Inc
Robotaxis are not the solution to Tesla’s problems Premium content
...It is a stretch to imagine that robotaxis can turn the company’s fortunes around this year. Musk presided over the company’s latest quarterly earnings call with a confusing message....
April 23, 2024
LexTarget Corp.
Target: profit gain is no salve for US spending shift Premium content
...While Target shares are down 29 per cent over the past 12 months, TJX shares have gained as much....
August 16, 2023
LexIntuit Inc
AI boom can even work on your taxes Premium content
...In recent years, the company has sought to diversify through acquisitions. It bought personal finance company Credit Karma for $8.1bn in 2020 and email marketing provider MailChimp for $12bn in 2021....
April 22, 2024
LexLive Nation Entertainment Inc
Live Nation deserves to face the antitrust music Premium content
...An unwinding of the deal that created the company no longer looks far-fetched....
April 18, 2024
Netflix Inc
Netflix profits surge after password-sharing crackdown
...The company said it generated strong engagement in the first quarter from subscribers in the UK with Fool Me Once, which had 98mn views....
April 18, 2024
Airlines
US airlines under fire for raising baggage fees again
...“While we don’t like increasing fees, it’s one step we are taking to return our company back to profitability and cover the increased costs of transporting bags.”...
March 10, 2024
US & Canadian companies
Pwease don’t be mean, I’m just a wittle luxury bag conglomerate 👉👈
...to us that they don’t understand how consumers shop today and they don’t understand the dynamics of a marketplace with no barriers to entry, constant influx of new competitors,” Joanne Crevoiserat, the company...
April 23, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...Some have blamed this on Google’s fragmented structure, big-company bureaucracy and the lack of a coherent company-wide plan for rolling out generative AI across its range of products and services, the Financial...
April 18, 2024
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...Some companies are limbering up and are worth a look. But don’t expect many personal bests in the near term....
March 29, 2024
JD Sports Fashion PLC
JD Sports to deepen US reach with $1bn bid for Hibbett
...JD Sports will pay $87.50 per Hibbett share in cash, representing a premium of about 21 per cent to the US company’s last closing price....
April 23, 2024

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