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...Zimmer and partners still control the firm....
Decision by car rental group comes as resale value of EVs has collapsed
...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.”...
Thank [expletive] for Michael O’Leary
...“Netflix has waited to release this data until the benefit was greater than the liability,” Zimmer told the Financial Times....
Carriers have come to rely on check-in charges as a source of revenue but face new disclosure rules
...The same dog-avoidance benefit probably contributed to actives beating passives last year in Denmark, where selling Ørsted and Genmab on the first sniff of trouble while holding on to Novo Nordisk would...
...Apple has become a critical holding for Berkshire and now accounts for roughly a fifth of its market value....
...The second chart shows the share price of Hawaiian Holdings — the parent of Hawaiian Airlines....
Acquisition might please regulators but would strain jet maker’s liquidity and efficiency measures
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
MassMutual arm files for temporary restraining order and preliminary injunction after 20 employees defect
More US-China decoupling in focus for investors as Tokyo market closes in on all-time high
...sobering series reminds us that a cold war was not, as it’s sometimes described, a tactical chess match played between poised statesmen, but a game of Russian roulette played by erratic, unstable brinksmen holding...
Company is one of the world’s largest suppliers of aircraft structures
Plane maker says reintegrating its former unit would strengthen safety and improve quality
Safety experts raise concerns over plane maker’s request for a regulatory exemption on critical safety rules for the Max 7
Loss of air pressure → Lots of cash pressure
...They just want to get their hands on its vast real estate holdings. Macy’s owns hundreds of its stores....
Senator says consultancies have not complied with subpoena seeking details of their work for the kingdom
Also in today’s newsletter: Taylor Swift’s place in football, golf’s changing of the guard, and more
Investigators locate door plug that blew out of 737 Max aircraft
...“CVR is the key thread holding what’s left of his empire together,” Nathan Anderson, who leads Hindenburg, told the FT earlier this year....
...If velocity fell, people would end up holding more money. Eventually, they would tire of holding cumbersome, zero-interest cash, and put it to use. Velocity would rise again....
Chinese tech giants are hogging scarce cloud resources to develop generative AI models as US restrictions bite
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