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Business
Bank of America profits fall as it pushes up provision for bad loans
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bank of America’s profits slipped in the second quarter…
Disney's Marvel scrubs Israeli background of Jewish character for upcoming movie
Marvel Entertainment is making headlines in the Jewish press for changing the identity of a longtime Israeli character for her appearance in its forthcoming movie, "Captain!-->-->…
Chinese businessman Guo Wengui convicted of fraud in US court
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Guo Wengui, the businessman and Chinese Communist party…
Elon Musk announces X, SpaceX HQs will move from California to Texas after new gender identity law
Billionaire Elon Musk announced on Tuesday that he will be moving the headquarters of SpaceX and X out of California after Gov. Gavin Newsom signed a bill prohibiting schools!-->-->…
EU hydrogen targets are ‘unrealistic’, says audit body
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brussels’ efforts to establish hydrogen as a clean fuel…
Negative car equity is higher among borrowers with lower income and credit scores: CFPB
Drivers with negative equity auto loans are twice as likely to have their accounts assigned to repossession, have lower incomes and have lower credit scores, a recent Consumer!-->-->…
UK transport minister demands ‘immediate action’ on rail reliability
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK transport secretary has called on train companies…
Trump secures donations from two Silicon Valley venture capital billionaires
Billionaire venture capital investors Marc Andreessen and Ben Horowitz are reportedly set to announce their plans to make donations in support of former President Trump's!-->-->…
Adidas raises its full-year guidance as turnaround plan takes effect
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Adidas increased its full-year guidance for the second…
Ripple backs Marine veteran, pro-crypto lawyer in battle for Elizabeth Warren’s Senate seat
John Deaton’s relentless support of Ripple’s battle with securities regulators is paying off. The crypto firm is betting big on the Republican lawyer to defeat Massachusetts!-->-->…