Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A fired McKinsey partner who says he was made a “scapegoat” for the company’s opioid work is expanding his demand for damages from the consulting firm following its $650mn legal settlement with the US government.
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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
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global corporate debt sales soared to a record $8tn this year, as companies took advantage of red-hot demand from investors to accelerate their borrowing plans. Issuance of corporate bonds and leveraged loans climbed by more
Stay informed with free updates Simply sign up to the US financial regulation myFT Digest — delivered directly to your inbox. Vanguard has bowed to regulatory pressure and agreed to new oversight of its investments in some US lenders, a decision that could have sweeping implications for money managers and banks. The deal, which the
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world A battle between Elon Musk and Maga supporters over immigration has highlighted a fracture between Donald Trump’s new backers in Silicon Valley and his more radical base. The rift over immigration policy and
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
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 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
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
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
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
€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
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
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
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
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
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
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
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
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
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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