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Gympass, Inc.
Corporate wellness start-up Gympass prepares for IPO with rebrand
...“We’re now getting close to 2,000 employees worldwide. The idea is to keep investing,” said Carvalho....
April 4, 2024
Choice Hotels International Inc
Choice Hotels launches $10bn hostile bid for rival Wyndham
...Choice has about 7,500 hotels worldwide with 630,000 rooms, about four-fifths of which are in the US, while Wyndham Hotels has about 9,100 sites, with 845,000 rooms....
October 17, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Citigroup Inc
Citigroup loses top London-based dealmaker
...Worldwide, investment banks’ fees from M&A activity fell 26 per cent to $35bn last year. Harding-Jones declined to comment....
February 27, 2023
Investments
Behold, the Basquiat bond
...Sotheby’s debut ABS deal is a slicker operation than another example art securitisation FT Alphaville wrote about last month....
April 12, 2024
TikTok Inc
TikTok slashes global revenue targets by at least $2bn
...The FT revealed on Tuesday that TikTok has undergone a restructuring of its US operations, following a similar leadership reorganisation in Europe earlier this year....
November 9, 2022
TikTok Inc
Ex-TikTok executive claims she was fired for lacking ‘docility and meekness’
...ByteDance introduced a “996” culture — encouraging staff to work from 9am until 9pm for six days a week — to the US TikTok operation that it already oversaw in its Chinese operations, the filing said....
February 8, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Aviation accidents and safety
US grounds some Boeing 737 Max planes after window blows out mid-air
...The emergency directive from the US Federal Aviation Administration affects about 171 jets worldwide....
January 6, 2024
Boeing Co
United and Alaska Airlines find loose parts on 737 Maxes
...United has 79 Max 9s with this configuration, out of about 215 in operation worldwide, according to aviation data provider Cirium....
January 9, 2024
The Big Read
The battle over TikTok
...The company does not disclose numbers, but US revenue was $16bn in 2023 out of a worldwide total of $120bn, according to five people familiar with its operations....
March 15, 2024
Aviation accidents and safety
Boeing shares fall as investigators locate door that blew out during flight
...The agency said it had written to all non-UK and foreign permit carriers to “ask for confirmation that inspections have been undertaken prior to any operation into UK airspace”....
January 8, 2024
Group M Worldwide Inc
Executive at WPP-owned agency detained in China over bribery claims
...The probe comes amid rising fears over personal security among foreign-linked business people in China after Beijing cracked down on the operations of foreign consultancies and due diligence groups....
October 22, 2023
Scoreboard
Roger Federer’s lesson for Tiger Woods Premium content
...Rather than wait around for a stroke of luck, one plucky Scottish team is making a direct appeal to celebrities worldwide. That’s right, Motherwell FC think they offer “real bang for your buck”....
January 13, 2024
Due Diligence
Why banks are desperate to get into private credit
...Executive search and advisory group Fredriks has named former Warburg Pincus Japan CEO Tetsuya Fukagawa to lead its operations in the region....
November 24, 2023
News in-depthBoeing Co
Boeing tries to rise above quality failures at 737 Max supplier
...The plane maker spun off the operation in 2005....
October 23, 2023
Due Diligence
M&A giants debate Elon Musk’s war on Delaware Premium content
...He has served as executive chair of Avis Budget Group and was previously the chief executive of Kraft Heinz Company and Burger King Worldwide Holdings....
March 8, 2024
FT Live
Diversity in Finance Awards 2024
Celebrating diversity, inclusion and equality in the financial services sector.
Thursday, 20 June44 Grosvenor Square, London W1K 2HP, UK
Corporate social responsibility
Amazon, Hilton and Starbucks to hire thousands of refugees across Europe
...The “vast majority” of roles would be in its retail operations, including fulfilment and distribution, with “eligibility to move into jobs that are in different levels of the organisation that are commensurate...
June 19, 2023
News in-depthApple Inc
‘A shot across the bow’: how geopolitics threatens Apple’s dependence on China
...Cook, chief executive since 2011, has been praised as the “architect” of Apple’s production shift to China after originally being hired by Steve Jobs in 1998 to run worldwide operations....
September 17, 2023
News in-depthCNN News Group
Warner Bros Discovery chief turns to longtime confidant to save wounded CNN
...Now his brief is to run CNN Worldwide’s commercial, operational and promotional activities, leaving Licht to manage the network....
June 6, 2023
Apple Inc
Apple unveils Vision Pro ‘mixed reality’ headset
...Tim Bajarin, consultant at Creative Strategies, said the headset’s launch should “cement Cook’s legacy” beyond operations....
June 5, 2023
LexTravel & leisure industry
US hotel stocks: vacationers are checking in, investors are not Premium content
...At Hilton Worldwide, revenue rose by more than two-thirds. Wyndham Hotels & Resorts, the company behind La Quinta and Howard Johnson, reported a one-third increase in net income, despite lower revenue....
August 3, 2022
Supply chains
HP to move production of millions of computers to Thailand and Mexico
...HP shipped 55.2mn PCs worldwide last year, data from market researcher Canalys showed....
July 27, 2023
Tesla Inc
Tesla boosts China investment with plans for Shanghai battery factory
...Tesla said products produced at its battery plant would be sold worldwide....
April 9, 2023
The Big Read
Can TikTok convince the world it is not a tool for China?
...TikTok US Data Security Inc is being created as a new subsidiary of TikTok governed by an independent board of directors who will oversee teams of staff in engineering, product operations, trust and safety...
March 3, 2023
News in-depthNikkei Asia
Uniqlo owner joins clothiers exiting Myanmar
...A version of this article was first published by Nikkei Asia on March 30. ©2023 Nikkei Inc. All rights reserved....
April 5, 2023
Vanguard Group Inc
Vanguard chief defends decision to pull asset manager out of climate alliance
...Campaigners say it should use its influence to press companies to accelerate the decarbonisation of their operations, while US Republican politicians accuse it of failing to support fossil fuel industries...
February 21, 2023

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