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Donald Trump has nominated vocal vaccine sceptic and former Democrat Robert F Kennedy Jr as head of the US Department of Health and Human Services, the latest in a series of controversial picks for top cabinet jobs. The appointment will put Kennedy, who sowed doubts about Covid-19 vaccines and has been critical of the pharmaceutical

Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. John Malone, the pre-eminent dealmaker in the media and technology industry, is pressing for merger activity amid an anticipated rollback of regulations under the incoming administration of Donald Trump.  Charter Communications, the cable television and broadband

Donald Trump has nominated vocal vaccine sceptic and former Democrat Robert Kennedy Jr as head of the US Department of Health and Human Services, the latest in a series of controversial picks for top cabinet jobs. The appointment will put Kennedy, who sowed doubts about Covid-19 vaccines and has been critical of the pharmaceutical industry,

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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. Ben & Jerry’s has claimed Unilever threatened to dismantle its independent board and “silenced” the brand over its support for Palestinian refugees, in the latest legal flare-up between the ice cream brand and its parent

Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. Chancellor Rachel Reeves will tell City of London regulators to dial up the risk in the UK financial services sector, claiming that rules drawn up after the 2008 financial crash have “gone too far”

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The two weeks since Rachel Reeves delivered her first UK Budget as chancellor have been pretty downbeat. Businesses have griped over her tax rises, gilt yields have nudged up and the election of the tariff-loving

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Artificial intelligence may represent the biggest opportunity in tech since the arrival of the internet, but it also poses fundamental questions over how some of the industry’s most powerful companies make money. Apple, which began

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Federal Trade Commission is preparing to launch an investigation into anti-competitive practices at Microsoft’s cloud computing business, as the US regulator continues to pursue Big Tech in the final weeks of Joe Biden’s presidency.

Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. The Onion has agreed to acquire Infowars, the far-right web site created by conspiracy theorist Alex Jones, in a deal backed by families of victims of the mass shooting at Sandy Hook Elementary School. The US satirical

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Individuals involved in the London Capital & Finance scandal are liable to pay damages after the High Court found that the collapsed “minibond” provider operated as a Ponzi scheme that misrepresented itself in a “widespread,

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Now where have we heard these words before? Peter Mandelson, the former cabinet minister and EU commissioner now widely touted in Labour circles as the next ambassador to Washington, has pronounced that in

Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. China has borrowed almost as cheaply as the US after returning to the global dollar bond market for the first time in three years. Investors placed nearly $40bn of orders to buy $2bn

Matt Gaetz was met with roars of delight last year when he vowed to bring the FBI and the Department of Justice “to heel”. “We either get this government back on our side or we defund, and get rid, abolish . . . every last one of them,” he told an audience of right-wing activists. The firebrand congressman from

Donald Trump’s criticism of electric vehicles looks likely to lead to the end of government subsidies for consumers who buy them, boosting Elon Musk’s Tesla by hitting its rivals with greater losses. The president-elect has said EVs would spell “complete obliteration” for the US car industry, even as adoption for the vehicles has climbed in

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Legal migration to some of the world’s richest countries reached an all-time high in 2023, sparking a voter backlash against governments despite the trend boosting growth and job creation. Roughly 6.5mn people moved

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Italy offloaded another 15 per cent stake in Monte dei Paschi di Siena on Wednesday, using the staged privatisation of the once-ailing lender to kick-start a consolidation process in the country’s banking sector. Shares in

In the early 2000s, Hank Paulson travelled extensively to China seeking access to the country’s financial markets for Goldman Sachs, where he was chief executive. The investment bank’s top brass believed the deal he eventually cut would only be a temporary one. The thinking was that an alliance with Fang Fenglei, a mainland investment banker

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world When Joe Biden departs the White House and Donald Trump re-enters, America’s trading partners fear the US will distort commerce with high import tariffs, treat World Trade Organization rules with open contempt and

Government spending cuts in the EU are set to hit investment and growth at a time when the region is already struggling to keep up with the US, economists have warned. After years of fiscal excess during the Covid-19 pandemic and the energy crisis sparked by Russia’s invasion of Ukraine, Brussels has reinstated rules requiring

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Ukraine’s sovereign bonds have surged in price as investors bet that the incoming US administration will push for a quick end to the war with Russia. The dollar-denominated bonds have risen 12 per