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Volkswagen AG
US Porsche, Bentley and Audi imports held up over banned Chinese part
...Thousands of Porsche, Bentley and Audi cars have been impounded in US ports after a supplier to parent group Volkswagen found a Chinese subcomponent in the vehicles that breached anti-forced labour laws....
February 14, 2024
Gympass, Inc.
Corporate wellness start-up Gympass prepares for IPO with rebrand
...“We have begun preparations, we are doing the internal work and we have been for a long time running the business with the discipline of a public company,” he told the Financial Times in an interview....
April 4, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
The Big Read
The radical changes coming to the world’s biggest bond market
...Competition would also help address concerns about the outsized importance of New Jersey-based DTCC in clearing....
March 4, 2024
FT Magazine
Why everybody who’s anybody in Manhattan real estate relies on Jon Mechanic
...His father, Mayer Mechanic, was a dentist in Ho-Ho-Kus, New Jersey who was known as “the Mayer of Ho-Ho-Kus” for his extreme sociability....
October 20, 2023
Inchcape PLC
Inchcape to sell UK dealerships for £346mn
...The retail segment of Inchcape, which has partnerships with brands such as Audi, BMW, Volkswagen and Toyota, contributed to 18 per cent of its total revenue in 2023....
April 15, 2024
ExplainerMaritime accidents and safety
The Baltimore bridge disaster: what happened and who will pay?
...Volkswagen, which also owns the Audi and Porsche brands, uses the Sparrows Point port, which is east of the bridge and therefore unaffected....
March 27, 2024
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
Maritime accidents and safety
Biden administration warns of lengthy disruption at Baltimore port
...Most of it is expected to flow through to the ship’s reinsurers, a large group including Axa XL, a division of the French insurer. Axa said any impact would be “non-material” at group level....
March 28, 2024
Apple Inc
US accuses Apple of building smartphone market monopoly in antitrust case
...The landmark lawsuit filed on Thursday in federal court in New Jersey by the US Department of Justice, along with a bipartisan group of 16 state and district attorneys, accuses the group of imposing contractual...
March 21, 2024
Elon Musk
Can Elon Musk derail Delaware?
...Lipton at the time wondered out loud about blue-chips ditching their Delaware domiciles — where the majority of large, listed American companies choose to incorporate — for the likes of New Jersey and Pennsylvania...
February 5, 2024
Tesla Inc
Elon Musk fires Tesla’s entire supercharger team
...Musk announced internally on Monday that the head of the superchargers group, Rebecca Tinucci, and Daniel Ho, head of new products, would be leaving along with their entire teams....
April 30, 2024
InterviewOil & Gas industry
Petrobras plans $100bn in spending to persist through ‘fade-out of oil’
...“We need to keep the core [business] very safe . . . We are not doing [a] crazy transition.”...
February 7, 2024
Electric vehicles
China’s EV suppliers look to leverage superior tech to recouple with west and drive expansion
...To that end, his company’s US unit is a separate legal entity, with an independent share structure, rather than having the status of being a subsidiary of the Chinese business....
February 18, 2024
Electric vehicles
How Hyundai became big in America after focusing on smaller electric vehicles
...“Electric [driving] was something which we saw as a very solid, very clear trend, and we needed to take advantage,” said José Muñoz, Hyundai’s chief operating officer and head of the business in North America...
January 8, 2024
Berkshire Hathaway Inc
Warren Buffett’s Berkshire Hathaway pares its stake in Apple
...most of his group’s value....
February 14, 2024
News in-depthIPOs
Blowout Reddit debut raises hopes of revival in dormant IPO market
...of Americas ECM for Morgan Stanley....
March 23, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Brazilian economy
Brazil passes long-awaited tax reform
...Lawmakers in Brazil have voted to overhaul the nation’s byzantine tax system, which has frequently been cited as a barrier to doing business in Latin America’s largest economy....
December 16, 2023
Q&AFT Magazine
America’s most powerful union leaders have a message for capital
...But even as public support rises, particularly among younger workers, membership remains low. And a new Supreme Court challenge to the legality of the current system poses a major threat....
March 7, 2024
Workplace diversity & equality
Diversity backlash pits activists against corporate America
...Conservative activists who have led a backlash to diversity, equity and inclusion initiatives on US campuses are turning their focus to corporate America, putting pressure on business leaders at a moment...
January 11, 2024
FT Swamp Notes
Power, productivity and how our system works Premium content
...None of this will come as a surprise to anyone who’s worked in business or covered it. Power exists in the political economy. It’s the air that we breathe....
April 22, 2024
The Big Read
The dark side of the US sports betting boom
...David, a 51-year-old recovering addict from New Jersey, credits Williamsville with saving his life....
August 10, 2023
US & Canadian companies
The Proxies 2023: Where are they now?
...That’s worrying news for boss David Katzman, as well as anyone who still had/has one of the group’s aligners in their mouth....
March 27, 2024
Due Diligence
The junior banker behind Litquidity Premium content
...Job moves Centerview has hired former Credit Suisse co-head of Emea financial institutions group Israel Fernández as a partner, Financial News reports....
February 8, 2024
Theatre
Theatre funds and mega-investors edge out ‘angels’ in thriving West End
...In New York if you’re doing 60 per cent you’re done.”...
May 1, 2024
News in-depthBYD Co Ltd
Wang Chuanfu, the driving force behind BYD’s rise
...In Brussels, fears of a wave of Chinese-made cars have led the European commission to probe Beijing’s industrial support as well as boost its own local subsidies....
January 4, 2024
The Big Read
Can Elon Musk’s Tesla keep straddling the US and China?
...as part of a radical rebranding of the company’s mission as “robotics and AI”....
May 3, 2024

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