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Golf
‘Billionaires’ playgrounds’: the $1mn fees upending Florida’s golf clubs
...The cost of joining clubs in south Florida is more than quadruple the national rate, with the median cost jumping from $120,000 in 2019 to $200,000 in 2023, Club Benchmarking said....
April 10, 2024
FT MagazineRobert Shrimsley
My radical plan for The Garrick Club
...I was also very attracted to the quality decor and cornicing. But at the same time, I was worried about appearing less than an ally in the fight against sexism....
March 28, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
US equities
The tiny Chinese tea seller whose shares trade more than Tesla’s
...Bit Brother undertook a 1,000-for-1 split in January, removing it from the penny stock club. Since then its shares have more than halved to just under $3....
February 9, 2024
Grant Thornton LLP
Grant Thornton’s retired partners demand bigger payout from private equity sale
...Grant Thornton’s retired US partners are demanding a greater share of the spoils from its sale of a majority stake to private equity, after accusing the accounting firm’s management of short-changing them...
March 29, 2024
Grant Thornton LLP
Grant Thornton US sells majority stake to private equity
...“We’ll enjoy greater scale, resources and agility, while better positioning the firm to make targeted investments,” said Seth Siegel, Grant Thornton’s chief executive....
March 15, 2024
Apollo Global Management LLC
Apollo sells stake in asset-backed lending unit to insurer MassMutual
...MassMutual will invest more than $2bn, gaining a minority equity stake in the unit known as Atlas SP and committing to buy future assets from the lender in what is expected to be one of the largest partnerships...
April 24, 2024
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
Centerview Partners LLC
Ex-Centerview banker did not clinch partner deal at meeting, US court rules
...The judge, Sam Glasscock of the Delaware Court of Chancery, said the evidence presented by Handler showed some indications that the banker’s arrangement at Centerview had changed after the University Club...
April 23, 2024
Megan Greene
Markets must stop comparing the UK and the US
...The UK economy has faced the double whammy of a very tight labour market and a terms of trade shock from energy prices. Inflation persistence is therefore a greater threat for it than the US....
April 11, 2024
Due Diligence
London’s private clubs face public revolt Premium content
...So one start-up is trying a novel approach to keeping a newsroom afloat, and it has raised more than $100mn to fund the experiment....
April 3, 2024
The Weekend Essay
What’s the point of private members’ clubs?
...“Members of the Carlton Club tended to be much more interested in smoking than reading; after the second world war, they found it possible to dispense with a library altogether.”...
March 30, 2024
Football
Google DeepMind unveils AI football tactics coach honed with Liverpool
...Google DeepMind has developed a prototype artificial intelligence football tactician in collaboration with Premier League club Liverpool, in the latest push to use the technology to master the ebb and flow...
March 19, 2024
UK companies
UK clubs and music venues battle midweek blues
...Clubs and music venues across the UK are dealing with a drop in revenues as young people forgo big nights out, cut back on alcohol and spend more selectively — especially during the week....
March 31, 2024
Football
Ajax plans to dismiss chief executive for suspected insider trading
...The club said on Tuesday that Kroes acquired more than 17,000 shares in Ajax, which is listed on the Amsterdam stock exchange, a week before his appointment as chief executive was announced on August 2 last...
April 2, 2024
Britain after Brexit
Labour needs to make the case for deeper EU alignment Premium content
...A newly elected Starmer government may not find it any easier to make those arguments in office than on the campaign trail....
March 14, 2024
LexFootball
Football’s new regulator will not fix sport’s financial flaws Premium content
...For the Premier League, more than half of revenues come from negotiated broadcast contracts....
March 20, 2024
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Jo Ellison
The beauty queens of Croydon
...clubs whose fringes tip on to the sunlit Downs....
April 6, 2024
News in-depthFootball
‘A PR nightmare’: Lionel Messi’s Hong Kong no-show hits Inter Miami brand
...The US is hungrier for football than when Pelé played for the New York Cosmos in the 1970s....
February 9, 2024
Scoreboard
The sports payday made in Manchester Premium content
...And it can add another big European club to its trophy cabinet....
January 20, 2024
Google LLC
Google streamlines structure to speed up AI efforts
...Microsoft is now worth more than $3tn compared with Alphabet’s of market cap of slightly less than $2tn....
April 18, 2024
Inside BusinessRichard Waters
The EU’s giant experiment in tech micromanagement
...The new Apple marketing pitch, to judge by its detailed analysis of the impact of the DMA: Our products in Europe aren’t as good as they were, but at least they’re still better than all the rest....
March 7, 2024
Energy sector
Commodity traders bet on big data and AI
...The broader commodity trading team has since swelled to more than 300 people including analysts and engineers....
April 21, 2024
Telegraph Media Group Ltd
Telegraph takeover by RedBird IMI faces regulatory probe
...IMI, which is controlled by Sheikh Mansour bin Zayed Al Nahyan, a vice-president of the United Arab Emirates and owner of Manchester City football club, provided about three-quarters of the funding to RedBird...
March 19, 2024
ExplainerExplainer3 min
Green energy providers face cable shortage | FT Rethink
...Renewable energy capacity may be rising, but actually getting plugged into grids could prove a greater challenge than generating the power itself....
April 8, 2024
Football
Saudi football clubs to return to transfer market, says top executive
...Clubs from the Gulf kingdom sent shockwaves through global football last year when they spent more than €800mn on new players, including stars such as Brazilian forward Neymar and Portuguese midfielder Ruben...
February 28, 2024
FT Globetrotter
Come to the cabaret . . . on an evening train from London (and back)
...The Carriage Club is a high-concept bet from the Belmond British Pullman train, which generally runs a more sedate experience than its flashier continental sibling the Venice Simplon-Orient-Express — for...
April 1, 2024

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