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...“Jacob represented the best and brightest of a generation, and occupied a unique position in finance, culture and philanthropy.”...
...The Internal Revenue Service said on Wednesday that it was preparing “dozens” of audits of large corporations, partnerships and high-income taxpayers to see if their use of jets had been properly designated...
...Harrick Vin, chief technology officer at Tata Consultancy Services, does not believe a separate CAIO role is needed. “It isn’t about having one person and one role....
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...The business is on target for revenue of £25mn for 2024, Toetzke says, but is not yet profitable, due to its rapid expansion as it tries to outpace rivals such as Deka, CrossFit and F45....
...Both brands also give dealers the right to provide car repair services for their customers....
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...Salil Parekh, chief executive of rival Indian IT services company Infosys, said discretionary outlays by customers had been “slow” after it reported flat annual revenue growth last week....
...He will face a board that may take a closer look at his dealmaking, and it’s unclear how the internal dynamics will shift in a world without Buffett....
...The Munich-based fintech company Wirecard collapsed into insolvency in June 2020 after reporting that half of its revenue and €1.9bn in corporate cash did not exist....
...from legal teams that have helped devise new products, services or revenue streams for the business....
...News round-up Largest US supermarket deal caught in Biden antitrust crackdown (FT) Microsoft strikes deal with Mistral in push beyond OpenAI (FT) Lord Jacob Rothschild dies at age of 87 (FT) European...
...Government agencies such as the Department of Justice, Internal Revenue Service and Commodity Futures Trading Commission each had their own claims to assert against FTX....
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...The plan of reorganisation had landed the support of all FTX’s major creditor constituencies and included a $200mn cash settlement of a $24bn claim made against the group by the Internal Revenue Service,...
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...emma.jacobs@ft.com...
...By comparison, Kirkland & Ellis of the US, the world’s highest-grossing law firm, reported $6.5bn in revenue in 2022....
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