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...“This is a great place to be at the centre of what’s happening around the world outside of the US [with] great opportunities to export talent to the US.”...
...The Chinese commerce ministry said Beijing “firmly opposes” the US move, which it described as “economic coercion”....
UK press says proposed ‘web eraser’ tool in next iOS update threatens journalism’s financial sustainability
...However, it became clear that Jeremy Zimmer had a secret plan to not honour the contract, and when Michael confronted him, Zimmer refused to honour the deal.”...
...Update (19.04.24): Zimmer’s people tell us he was paid in dollars....
...That has unnerved the lawyers who believe the state’s reputation for predictability is eroding, potentially risking its status as the premier place for US businesses to incorporate....
...“Nonetheless, it’s great to have it available for our clients and it will allow us to create more value on their behalf.”...
...Dune: Part Two’s score was written by Hans Zimmer. You can listen to a playlist here....
...A Cleveland-Cliffs/US Steel combination would have created a US national champion....
...Which brings us, neatly, to the question of what if anything Berkshire — whether under Buffett or its next generation of leaders — can do to present a distinctive value proposition to investors in the future...
...— The extinction of American nuns (Baffler) — Morningstar looks back at 40 years of US mutual funds (Morningstar) — Exploring the mysterious alphabet of sperm whales (MIT News) — Stupidity is our destiny...
...Given its £971mn market value, it is not clear what US index it would get into....
...US airlines generated $6.8bn from them in 2022, the latest data available, according to the Bureau of Transportation Statistics. That is more than double from a decade earlier....
...The law, signed by President Joe Biden, has aggravated US-China tensions, and the lawsuit is the first step in a legal battle that is likely to decide TikTok’s fate in the US and could make its way to the...
...“Some companies probably thought that shock was going to be permanent,” said Steven Blitz, chief US economist at TS Lombard. “Now they’re getting a painful bounceback from that.”...
...It is the US that is becoming more dogmatic while China is becoming more pragmatic....
...Zimmer frames!). Some economists have even argued that targeted digital advertising has increased the variety of stuff Americans consume....
...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...
...However Jen Wong, Reddit’s chief operating officer, cautioned on the call that the company had less “visibility” into how the second half of the year would pan out, noting that the US election in November...
...The outlook for Chinese automakers in Europe and the US is highly uncertain....
...Another option: jump on the demerger bandwagon and spin off US yoghurt as a separate publicly listed company....
...Credit card delinquencies are rising in the US. There is a proposed cap on how much card issuers can charge for late payments....
...If you back out the new IRA US tax credits (which Tesla doesn’t seem to disclose) then automotive gross margin looks to have fallen even further, to around 14.1 per cent....
People in the US are being squeezed to such an extent that they are spending less altogether
...Credit card processing fees tend to be higher in the US than in the EU, where they are capped....
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