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TikTok Inc
Universal Music impasse with TikTok threatens to take more tracks off platform
...“Their actions not only affect the songwriters and artists that they represent, but now also impact many artists and songwriters not signed to Universal,” TikTok said....
February 28, 2024
InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...A jump in sales at BCG’s AI division also partly offset a slowdown in other parts of the business last year amid a tougher economic backdrop....
April 23, 2024
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberDigital Conference
Taylor Swift
Taylor Swift’s return to TikTok puts her at odds with Universal
...Taylor Swift has reinstated her music on TikTok, putting her at odds with her own record label, Universal Music, which went to war with the social media group in February, muting her songs and the rest of...
April 11, 2024
Universal Music Group
What’s a new Taylor Swift album worth?
...Swift is biggest on vinyl and, even if these sales are treated as a bonus that has no effect on streaming volumes, group margins per sale still suffer....
April 23, 2024
UK house prices
Larger properties drive UK asking prices to near-record high
...Kevin Shaw, national sales managing director at the property services company Leaders Romans Group, said: “2024 is off to a good start with more properties coming on and more sales happening.”...
April 21, 2024
Taylor Swift
Taylor Swift’s new album sells 1.6mn copies in US in single day
...Universal Music, which distributes Swift’s music and receives a percentage of her album sales, reported €1.3bn in net income on €11.1bn in revenue last year....
April 21, 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
LexUS banks
Why rocketing US mortgage lenders have gone too far, too fast Premium content
...Its gain-on-sale margin — which measures how much is earned when mortgages are sold — came in at 2.6 per cent in the first nine months of 2023, compared with 4.5 per cent in 2020....
February 5, 2024
Live news: Moscow threatens to downgrade ties with US if Russian assets are confiscated
US pending home sales jump to highest level in a year
...A forward-looking indicator of US home sales jumped to the highest level in a year in March, in a sign that low inventory is pushing up housing demand despite high mortgage rates....
April 25, 2024
Moral Money
The case against carbon emissions as a universal metric Premium content
...But, by breaking the emissions into its drivers, CAS shows that in 2022, Costco drove the largest energy efficiency gains, offsetting more sales growth than its competitors....
April 15, 2024
TikTok Inc
Universal Music set to pull songs from TikTok after negotiations break down
...In response, TikTok claimed that Universal has “put their own greed above the interests of their artists and songwriters”....
January 31, 2024
News in-depthUK house prices
London house prices underperformed rest of UK for past 8 years
...Brexit and mortgage regulatory changes also played a role, according to Richard Donnell, executive director at property consultancy Houseful....
April 19, 2024
House & Home
Is the UK housing market really in recovery?
...Today, she has a mortgage rate of 4.43 per cent, fixed for two years, which she hopes she may be able to cut further by finding a new deal before she completes her sale....
February 16, 2024
LexRetail sector
Home Depot has bet $18bn on US housing market paralysis Premium content
...Homeowners who have locked in on low mortgage rates are reluctant to sell, limiting the supply of houses for sale....
April 2, 2024
LexElectric vehicles
Slumping EV sales should not ring alarm bells in Europe — yet Premium content
...One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
April 23, 2024
FT live news
News updates from February 20: Walmart flags sales slowdown; China cuts mortgage lending rate
FT Live
Crypto and Digital Assets Summit
Connecting leaders in crypto with mainstream finance
Wednesday, 8 MayLondon
LexCanada
Canada: robust banks will weather mortgage storm Premium content
...Universal healthcare. Milk in a bag. Canada may be right next to the US. But the country differs from its southern neighbour in many ways, mortgages among them....
December 12, 2023
Letter
Letter: Housing ladders and mortgage traps
...This explains why existing home sales are abnormally low, but certainly not why prices increased in 2023....
January 26, 2024
NBC Universal Inc
NBC cuts ties with former Republican party chair McDaniel after backlash
...The controversy speaks to the challenge news companies face in covering Trump and those affiliated with him, as the former president continues to question the 2020 election results and air his resentment...
March 26, 2024
Electric vehicles
IEA bullish on electric vehicle sales in 2024
...Sales of battery electric and plug-in hybrid cars could rise more than 20 per cent to reach 17mn this year, up from just under 14mn in 2023, and grow to account for as much as two-thirds of global sales...
April 23, 2024
Persimmon PLC
Persimmon sells more homes than expected as mortgage rates ease
...Big lenders Barclays and Santander announced fresh mortgage rates cuts this week, adding to cuts by HSBC and Halifax last week....
January 10, 2024
Unhedged
Where Tesla departs from the Mag 7 Premium content
...The news outlet/hedge fund Hunterbrook, in its debut article/short sale, sent the stock of United Wholesale Mortgage down 8 per cent....
April 3, 2024
News updates from March 26: Baltimore road bridge collapses; Trump’s social media business soars in market debut
Bellway sales rate rises 20%, pointing to recovery for UK property market
...Sales of new homes in the UK are picking up as mortgage rates have stabilised, according to FTSE 250 developer Bellway....
March 26, 2024
News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
US existing home sales jump to one-year high
...Sales of previously built homes in the US jumped to the highest annual rate in a year, as easing mortgage rates and an increase in supply boosted buying....
March 21, 2024
Mortgages
UK lenders report sharp rise in mortgage demand expectations
...Mortgage approvals hit a six-month high in November, according to BoE data published this month, while Nationwide’s house price index increased in November and December....
January 18, 2024
Inside BusinessAnna Nicolaou
The last of pop’s superstars?
...The major record labels — Universal, Sony and Warner — earn money by taking a cut of revenue from streams and album sales from a stable of thousands of musicians....
April 11, 2024

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