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A Chinese citizen living in Los Angeles allegedly flew a drone and took aerial images of Vandenberg Space Force Base last month, federal prosecutors said Monday.  Yinpiao Zhou, 39, was arrested this week at the San Francisco International Airport prior to boarding a China-bound flight, the Justice Department said. He is charged with failure to register an
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President-elect Donald Trump tapped Federal Trade Commissioner Andrew Ferguson to lead the consumer protection and antitrust agency, Trump said on social media on Tuesday. Ferguson, one of two Senate-confirmed Republican FTC commissioners appointed by President Biden, will be “the most America First, and pro-innovation FTC Chair in our Countrys History,” Trump said. “Andrew has a proven record of standing up to Big
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President Biden plans to formally block NipponSteel’s proposed takeover of USSteelon national security grounds once the $15 billion deal is referred back to him later this month, Bloomberg News reported Tuesday, citing people familiar with the matter. The US national security panel reviewing the deal must refer its decision on the merger to Biden by
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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. London’s Heathrow airport has forecast its busiest ever festive period, with a jump in passengers travelling on Christmas Day set to cap a record-breaking year of travel for the UK’s largest airport. On Wednesday, the
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€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
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€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
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Qatar’s $500bn sovereign wealth fund is preparing to deploy its cash more aggressively ahead of a petrodollar windfall that could ultimately double its size. Mohammed Al-Sowaidi, the Qatar Investment Authority’s new chief executive, told the Financial Times the fund expected to “do bigger-ticket deals” and invest with “more frequency” as it embarks on a review
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In July, Howard Lutnick, the pugnacious boss of broker Cantor Fitzgerald, regaled an audience of crypto devotees in Nashville with tales of his early days exploring the world of digital currencies. “I met every criminal who’s now in prison,” the 63-year-old joked, referring to his encounters with various youthful crypto executives now serving lengthy jail
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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. BlackRock has bought a bonanza of billionaires. Now comes the challenge of keeping them in line. The world’s largest asset manager has been on a $28bn acquisition tear, snapping up two of the best known
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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. Chief executives of London-listed companies should be able to be paid like “top-rate footballers” without facing a backlash, according to billionaire financier Lord Michael Spencer. The founder of brokerage ICAP, part of which was sold
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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. England’s NHS is heading into its busiest ever winter “confused” about the government’s priorities for the service, health leaders have warned, urging ministers to be honest about the trade-offs required to hit performance targets. Prime
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