Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. At this time of year many of us look back at the past 12 months, castigate ourselves for not having achieved more and resolve to become more productive. I’m beginning to wonder, though, if individuals
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a former global head of equity capital markets at Bank of America and is now a managing director at Seda Experts Bitcoin’s spectacular surge this year has reignited a dilemma on Wall
The inauguration of Donald Trump as president of the US will take place on January 20 — the same day as the opening of the World Economic Forum in Davos. Since the end of the cold war, the annual Davos meeting — which brings together business and political leaders from all over the world —
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The number of people arriving in Britain by small boat has increased by more than a fifth this year compared with last year, though the figures remain below arrivals by sea to Italy, Spain and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US tech stocks slid lower on Friday as investors pivoted away from companies that had led markets higher for much of this year. The S&P 500, Wall Street’s main equity benchmark, dropped 1.6 per cent
This month, artificial intelligence bots have slid into Santa’s grotto. For one thing, AI-enabled gifts are proliferating — as I know myself, having just been given an impressive AI-dictation device. Meanwhile retailers such as Walmart are offering AI tools to provide frazzled shoppers with holiday help. Consider these, if you like, as the digital equivalent
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“Lawmakers will need enhanced pay-fors, putting a substantial target on the municipal bond tax exemption,” said Tom Kozlik, managing director, head of public policy & municipal strategy for Hilltop Securities. ”I think there is a 50% or greater chance the municipal bond tax exemption will be significantly curtailed or even completely eliminated in 2025.” Hilltop Securities Looking
Oregon Gov. Tina Kotek has been working furiously the past 30 days launching her budget proposal and closing the door on a special session to deal with costs associated with a record-breaking 2024 wildfire season.Oregon Governor’s Office It’s been a busy 30 days for Oregon Gov. Tina Kotek. Since Thanksgiving, she has approved legislation drafted
The president of Nippon Steel said he is seeing support in Rust Belt communities for the Japanese company’s proposed $15 billion takeover of US Steel — a deal opposed by both President Joe Biden and President-elect Donald Trump. Tadashi Imai told reporters on Wednesday that his company has made an effort to assuage skeptics who
A contractor for Chinese electric vehicle giant BYD on Thursday denied claims that Chinese nationals were working in slavery-like conditions at a construction site for the carmakers factory in Brazil. On Tuesday, a task force led by Brazilian prosecutors said it had rescued 163 Chinese nationals who were working in slavery-like conditions at BYDs construction
Mark Zuckerberg dismissed reports that he is building a 5,000-square-foot “Doomsday bunker” underneath a $270 million compound in Hawaii — insisting instead that it’s just a “little shelter.” The 40-year-old tech tycoon was asked during a Dec. 19 interview with Bloomberg about rumors that he is constructing an underground facility beneath his 1,400-acre home on
Elon Musk urged his supporters not to donate to the nonprofit that runs Wikipedia after the organization budgeted more than $50 million to spend on controversial diversity, equity and inclusion (DEI) initiatives. “Stop donating to Wokepedia until they restore balance to their editing authority,” Musk wrote Tuesday on X, where he has nearly 210 million
The president of Nippon Steel said he is seeing support in Rust Belt communities for the Japanese company’s proposed $15 billion takeover of US Steel — a deal opposed by both President Joe Biden and President-elect Donald Trump. Tadashi Imai told reporters on Wednesday that his company has made an effort to assuage skeptics who
A contractor for Chinese electric vehicle giant BYD on Thursday denied claims that Chinese nationals were working in slavery-like conditions at a construction site for the carmakers factory in Brazil. On Tuesday, a task force led by Brazilian prosecutors said it had rescued 163 Chinese nationals who were working in slavery-like conditions at BYDs construction
Mark Zuckerberg dismissed reports that he is building a 5,000-square-foot “Doomsday bunker” underneath a $270 million compound in Hawaii — insisting instead that it’s just a “little shelter.” The 40-year-old tech tycoon was asked during a Dec. 19 interview with Bloomberg about rumors that he is constructing an underground facility beneath his 1,400-acre home on
Elon Musk urged his supporters not to donate to the nonprofit that runs Wikipedia after the organization budgeted more than $50 million to spend on controversial diversity, equity and inclusion (DEI) initiatives. “Stop donating to Wokepedia until they restore balance to their editing authority,” Musk wrote Tuesday on X, where he has nearly 210 million
Holiday sales jumped more than expected this year as shoppers turned to online retailers forlast-minute discounts a sign that household finances remain healthy. Consumer spending during the holiday shopping season between Nov. 1 and Dec. 24 spiked 3.8% compared to the same period in 2023 above forecasts of a 3.2% rise, according to a Mastercard SpendingPulse
Holiday sales jumped more than expected this year as shoppers turned to online retailers forlast-minute discounts a sign that household finances remain healthy. Consumer spending during the holiday shopping season between Nov. 1 and Dec. 24 spiked 3.8% compared to the same period in 2023 above forecasts of a 3.2% rise, according to a Mastercard SpendingPulse
Osamu Suzuki, an ingenious pennypincher who led Japan’s Suzuki Motor for more than four decades and played a key role in turning India into a flourishing auto market, has died aged 94. He died on Christmas Day of lymphoma, said the company, which he steered ambitiously, during his time as either chief executive or chairman, out
Osamu Suzuki, an ingenious pennypincher who led Japan’s Suzuki Motor for more than four decades and played a key role in turning India into a flourishing auto market, has died aged 94. He died on Christmas Day of lymphoma, said the company, which he steered ambitiously, during his time as either chief executive or chairman, out
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