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Business
UK private equity firms sharply increase use of offshore funds
Stay informed with free updatesSimply sign up to the Private equitymyFT Digest -- delivered directly to your inbox.UK private equity firms have sharply increased their use of…
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Former Intel CEO warns US chip comeback still has long way to go
Intel unveiled new chip manufacturing milestones this week, but former Intel CEO Pat Gelsinger said the United States still has a long way to go to reclaim chip production…
California wealth tax proposal hemorrhages $1T as billionaires flee
Venture capitalist Chamath Palihapitiya says California’s proposed billionaire tax is accelerating an exodus of ultra-wealthy residents, a shift he argues will worsen and not…
Federal judge delivers Mamdani early legal setback on housing market intervention
A federal judge blocked New York City Mayor Zohran Mamdani's effort to intervene in the sale of thousands of rent-stabilized rental properties on Thursday. Mamdani's…
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Novo Nordisk executive reports high interest for once-daily, oral weight-loss pill
Wegovy’s oral version of its injectable weight-loss drug is seeing tremendous interest, Novo Nordisk executive Dave Moore told FOX Business on Friday. Wegovy’s once-daily…
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