The deal that put Jared on the map is now his biggest blemish. Jared’s company bought 666 Fifth Ave. in 2007 for $1.8 billion?a record price tag, financed almost exclusively with debt. The skyscraper is now in desperate need of a cash infusion. Cristina Alesci looks at why real estate analysts aren’t willing to count
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► Try the Financial Times for 4 weeks for just £1. Start your trial now – http://bit.ly/2ry7Tkz FT northern correspondent Andy Bounds talks to companies in Oldham in the northwest of England to find out why not all support remaining in the EU. 61% of votes in Oldham in the 2016 referendum backed Leave. ►
The FT’s South Asia correspondent Stephanie Findlay looks at how the coronavirus spread from India’s biggest cities to rural areas and why the country is finding it harder than its peers to bounce back from the pandemic. See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132
Last year Vicki Hollub, the CEO of Houston-based Occidental Petroleum, pulled off one of the biggest coups in the history of big oil. But as the FT’s James Fontanella-Khan explains, just months later, thanks to a vast debt pile, a collapse in oil prices and the coronavirus, she was scrambling to save her job and
The European Parliament has approved a new directive that aims to protect copyrighted content on the internet, but critics argue it will limit free speech. Here’s what’s at stake for internet users worldwide.
► Read more at https://on.ft.com/2wpkxop FT political editor George Parker says the European elections have exposed how both Britain’s ruling Conservative and opposition Labour parties are ‘cracking up’ under the pressure of Brexit ► Subscribe to FT.com here: http://bit.ly/2GakujT ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs For more video content from the Financial
In their book “Crazy Good Interviewing,” John B. Molidor, Ph.D., and Barbara Parus share the best ways to use your hands in a job interview. They also outline a few things you shouldn’t do. Produced by Joe Avella. Original reporting by Shana Lebowitz. ————————————————– Follow BI Video on Twitter: http://bit.ly/1oS68Zs Follow BI Video On Facebook:
When the pandemic hit America’s shores, it crippled car-rental giant Hertz. Thanks to a massive debt caused by the collapse of the travel and commerce industries, the company filed for bankruptcy in May 2020. But as the FT’s Sujeet Indap reports, Hertz staged an incredible comeback, following the unexpected appearance of Robinhood app users, and
Xi Jinping and Narendra Modi, two dynamic leaders at the helm of the world’s two most populous nations are set to meet in May, during Modi’s first state visit to China. Ahead of the summit, CNN’s Kristie Lu Stout sits down with Infosys China CEO Rangarajan R. Vellamore, China India Institute Managing Partner Haiyan Wang
He’s known as “Dr. Voice” — part life coach, part vocal trainer, singers have been seeking out Anthony Wade for three decades because he makes them sound and feel better.
Nothing looks different on the outside, but a lot has changed on the inside of the new iPhone 6S. Bloomberg’s Sam Grobart reviews the Apple iPhone 6S and 6S Plus. (Video by Zach Goldstein, Adam Wolffbrandt, Ryo Ikegami) –Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television offers extensive coverage and analysis of international business news
There were a record number of store closings in 2017. But in that same year low-price and premium retailers saw strong sales. So is the hype about the retail apocalypse overblown? CNNMoney’s Paul R. La Monica explains why the industry isn’t struggling as much as you think.
Once a fringe idea, carbon capture and storage has become a key part of decarbonisation plans the world over. Supporters argue that we need a way to remove CO2 already in the atmosphere to stay below 1.5C of global warming. But does this technology risk providing big polluters a license to carry on as normal?
Pan Am was once the largest international airline in the US. In 1970 alone, it carried 11 million passengers to 86 countries worldwide. Pan Am is credited as the innovator of countless features of air travel, including cabin service, radio communications, onboard safety, air traffic control, and aviation weather forecasting. But after 60 years of
Starting with the opening of the Southland Mall in 1956 malls have been a vaulted piece of Americana for decades. Thousands were built across the country and for a while it seemed they would dominate the American landscape forever, but in recent years they’ve rapidly lost their value. So how did malls go from being
Fast food is supposed to be cheap and convenient, but do you ever find yourself spending more on fast food than you expected to? Fast food is getting more expensive and places like McDonald’s, Burger King, and Wendy’s are experts at getting you to spend more money. Combos, upgrades, and multiple size options are just
The beer manufacturing process is extremely water intensive, and the industry is taking steps to tackle the issue. But in the Netherlands, different breweries are using different strategies. See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132. ► Check out our Community tab for more stories
Chris Paul visits Byron Allen’s Entertainment Studios to hear how the comic built a multimillion-dollar media empire that includes the Weather Channel. (Corrects description to include that Allen still works as a comedian.) #HowIGotHere #Entrepreneur #BloombergQuicktake ——– Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Become a Quicktake Member for exclusive perks: http://www.youtube.com/bloomberg/join Subscribe to Quicktake Explained: https://bit.ly/3iERrup
Lil Miquela is an Instagram influencer, whose posts have earned her more than one million followers. But Miquela’s not like any other influencer, because she isn’t real. That hasn’t stopped advertisers from taking notice.
The recent saga of Toshiba has unfolded with each new twist more extraordinary than the last. The company continues to face painful questions, but where will it end? #Toshiba #businessstrategy See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132. ► To learn more, visit our website
We got an inside look at how United States Marine Corps recruits train on a challenging “confidence course” during boot camp. Senior video correspondent Graham Flanagan spent five days in 2019 at the Marine Corps Recruit Depot in Parris Island, South Carolina, where he observed recruits at various stages of boot camp. This aspect of
► Try the Financial Times for 4 weeks for just £1. Start your trial now – http://bit.ly/2ry7Tkz Among the key events of the year; Donald Trump met Kim Jong Un, Facebook’s growth slowed as Apple’s market cap hit $1tn, and a trade war between the US and China weakened the global economy
Artificial intelligence is set to revolutionize the world, empowering those nations that fully harness its potential. The U.S. is still seen as the world AI leader, but China is catching up. The race is central to the U.S.-China rivalry and a critical facet of the economic and military competition that will define the decade. #China2030
Venezuela’s oil industry was once the envy of the region, but after decades of mismanagement and corruption the sector is facing ruin. The FT’s Andean correspondent Gideon Long asks what went wrong. See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132 ► Check out our Community
Warren Buffett likes to say he’s on the hunt for elephant-sized acquisitions, but recently the Oracle of Omaha has had trouble finding multibillion-dollar deals. His last truly big takeover came in 2016, so where will Buffett look next? Brexit Britain, where many companies could face an uncertain future, may be one place where Buffett sees
Veterinary technicians not only have to deal with frightened, helpless animals, but low pay and hefty student loan bills make this stressful job even tougher.
Nike’s Hyperadapt 1.0 is straight out of “Back to the Future.” The sneakers tie themselves with a sensor in the heel.
Telecom titan Comcast is investing $50M dollars in a new esports stadium located in the center of the Philadelphia sports complex. But that’s just the beginning of their plan to build a global esports empire. Producer – Tom Connors Camera – David Nicholson, Brian Schildhorn Graphics – Christian Capestany Supervising Producer – Jordan Oplinger Businessweek
Upcycling, the practice of using leftover or reject materials to make new products, is well established in vintage fashion and furniture design. But as the FT’s Judith Evans reports, it’s now a trend in food production, feeding a fast-growing industry in Europe and the US. Companies are creating upcycled edibles from almost any discarded fruit,
According to this study’s computer simulation the T. rex may not have been as agile as movies like “Jurassic Park” have suggested.
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