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Pfizer Inc
Pfizer plans direct-to-consumer platform for Covid and migraine treatments
...The website is part of an effort by pharma companies to sell drugs directly to patients and simplify a system for distributing medication that is facing growing criticism for its complexity....
May 1, 2024
Technology sector
China blocks use of Intel and AMD chips in government computers
...The old computers we have left with Windows systems can still be used under certain situations.”...
March 24, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
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
Cryptofinance
Cryptofinance: Stablecoins encroach on shadow banking system Premium content
...One crucial issue is what becomes of the dollar assets that are held in reserve, because locking up cash or Treasuries could potentially act as a huge drain on liquidity in the financial system on which...
May 3, 2024
Tesla Inc
Tesla shares surge after Elon Musk secures deal with China’s Baidu
...Earlier this year, Tesla cut the monthly subscription price for its full self-driving system in the US. Musk has also talked about licensing its systems to other carmakers....
April 29, 2024
News in-depthTechnology regulation
Big Tech regulatory crackdown spreads to Asia and Australia
...Wi said the picture in South Korea was complicated by the fact that in many online sectors, the most dominant players were not the US big tech groups but local platforms including Naver, Kakao and the US-domiciled...
May 10, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
John Thornhill
What TikTok and Tesla tell us about pragmatism in the US and China
...Last Sunday, Elon Musk met China’s premier Li Qiang and clinched a favourable agreement with the tech giant Baidu to access its mapping and navigation systems....
May 2, 2024
Apple Inc
Apple unveils ‘outrageously powerful chip for AI’ in latest iPads
...explosion in new AI apps since OpenAI launched its breakthrough ChatGPT chatbot 18 months ago has triggered a race to secure the powerful processors needed to build so-called large language models — AI systems...
May 7, 2024
LexCredit cards
Visa and Mastercard’s deal to cut fees is a hollow consumer victory Premium content
...In the US, merchants paid a record $172bn in processing fees to accept $11.2tn in card payments last year, according to the Nilson Report....
March 27, 2024
LexBankruptcy
Johnson & Johnson talc settlement shows limits of bankruptcy tactics Premium content
...The elegance of US bankruptcy is that it can impose a sweeping settlement across all creditors and claimants while terminating all outstanding litigation....
May 1, 2024
Spirit AeroSystems Holdings Inc
Boeing supplier Spirit AeroSystems’ cash and inventory woes mount
...Spirit chief executive Pat Shanahan on Tuesday called the increased inspections in Wichita “a significant accomplishment” the group’s believe would improve quality and “benefit the entire production system...
May 7, 2024
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...radiologists in state-run health systems....
April 22, 2024
TikTok Inc
US Congress approves bill banning TikTok unless Chinese owner ByteDance sells platform
...Banning TikTok from stores would mean the app would no longer receive updates, making it increasingly difficult to use as operating systems evolve and eventually rendering it obsolete....
April 24, 2024
LexApple Inc
AI iPhones could liven up Apple sales Premium content
...In March it was sued by the US Department of Justice, accused of presiding over a monopoly in smartphones....
May 3, 2024
Gillian Tett
Companies must rethink how they handle cyber risk
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
April 18, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Berkshire after Buffett
Berkshire after Buffett: prized energy business faces upheaval
...That’s the way the system is set up.”...
May 3, 2024
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...“Misaligned incentives across the US healthcare system have led to meaningful delays and barriers to biosimilar adoption, resulting in significant missed opportunities for healthcare savings,” the Swiss...
April 25, 2024
Cryptofinance
The US’s calming effect on bitcoin Premium content
...The argument runs along these lines: $12bn of inflows has been chasing a scarce asset that will only get more scarce after this month’s quadrennial “halving” event in the bitcoin system, when the rewards...
April 5, 2024
Unhedged
Inflation is not going quietly Premium content
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. CPI: stuck If three data points make a trend, then US inflation looks stuck at 3 per cent....
April 11, 2024
Berkshire Hathaway Inc
Buffett’s real estate brokerage to pay $250mn over commission lawsuits
...The commission system cost HomeServices clients $4.2bn in excess fees in 2023 alone, they alleged....
April 26, 2024
Tesla Inc
Tesla steers back towards cheaper cars
...Tesla would “accelerate the launch of new models”, he said on Tuesday, including a promised “affordable” car better priced to compete with an impending influx of ultra-cheap Chinese rivals in the US market...
April 25, 2024
BlackRock Inc
BlackRock steps up security for Larry Fink after ‘anti-woke’ backlash
...BlackRock is not the only US company to step up security spending on its chief executive.Disney chief Bob Iger’s 2023 pay package included $1.2mn in costs for “security services and equipment”, the entertainment...
April 21, 2024
Apple Inc
EU probes Apple over App Store shutdown of Epic Games
...Epic largely lost a high-profile legal case against Apple in the US....
March 7, 2024
ExplainerTesla Inc
What does Elon Musk’s China trip mean for Tesla?
...The carmaker charges US drivers $99 a month to activate “full self-driving”, a partially autonomous system that ostensibly chauffeurs drivers but still requires motorists to pay attention....
April 30, 2024
News in-depthShrinkflation
‘Shrinkflation’ is coming for your Easter egg
...BNP Paribas analyst Max Gumport said that a new EU law that aimed to ban the sale of cocoa beans grown in areas of deforestation was also adding “structural costs” into the system....
March 29, 2024

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