Gibson Brands, the iconic guitar manufacturer, is threatening to take legal action against the company behind Trump Guitars over alleged trademark infringement. The 120-year-old maker of historic instruments such as the Les Paul electric guitar sent a cease-and-desist letter to 16 Creative, the agency that is marketing specially branded Trump Guitars. We can confirm a
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The Good Brigade | Digitalvision | Getty Images Mortgage rates dropped last week, and homebuyers jumped off the fence. They drove total mortgage demand up 6.3% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or
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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. Having transformed the car business with his technical flair, his eye for logistics, the genius from the Bay Area tried the same in Washington. He had a record of supporting a different political party to
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Israeli military achievements that delivered a crushing blow to Hizbollah. Reservists worn out by more than a year of fighting. Stores of arms beginning to dwindle. Donald Trump’s return to the White House. Many factors fed into Benjamin Netanyahu’s eventual decision to take up a US-brokered ceasefire and stop Israel’s offensive in Lebanon. His war
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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. Who is the butt of the joke here? Sotheby’s just sold a banana stuck to the wall with duct tape entitled “Comedian”. Cryptocurrency entrepreneur Justin Sun bought the artwork by Maurizio Cattelan for $6.2mn including
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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. Investors in Elon Musk’s takeover of Twitter are set to make a huge windfall from a surge in the valuation of his artificial intelligence company, reaping rewards from being loyal backers of the billionaire’s business
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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. While wandering through the local supermarket, it was impossible to miss the cornucopia of food on display for this week’s Thanksgiving holiday. Enormous turkeys, stacks of pies and mounds of onions and sweet potatoes made
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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. Indian technology grandee Nandan Nilekani expects companies around the world will increasingly build their own smaller-scale artificial intelligence models to streamline operations and boost productivity, dampening hope of a substantial enterprise payday for more powerful
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