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Business
Occidental Petroleum emerges as lead contender to buy CrownRock
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Occidental Petroleum has emerged as the lead contender to…
Disney’s Iger on halting X ads: Association with Musk, platform not ‘a positive one for us’
Bob Iger offered more insight into Disney's decision to halt advertising on Elon Musk’s social media platform X on Wednesday during a DealBook Summit session. Iger told New…
Encouraging vital voices to speak up in the boardroom
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is Shell Professor of Global Leadership at IMD…
Social media CEOs to testify before Senate on online child exploitation in January
Chief executives from several social media companies, including Meta, X, TikTok, Snap and Discord, are slated to testify at a Jan. 31 Senate hearing on online child sexual…
Microsoft will have observer role on OpenAI’s new board
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Microsoft will have a role on OpenAI’s new board as the…
Sam Altman has officially been reinstated atop OpenAI as CEO
Sam Altman confirmed on Wednesday that he was returning to the helm at OpenAI as CEO, nearly two weeks after he was ousted from the company he co-founded. In a blog post on…
FirstFT: US accuses Indian official in thwarted plot to assassinate Sikh separatist in New York City
Stay informed with free updatesSimply sign up to the Global EconomymyFT Digest -- delivered directly to your inbox.Good morning. US federal prosecutors have accused an Indian…
Elon Musk says he felt TikTok ‘probing’ his mind; platform ‘rife’ with antisemitic content
Speaking at the 2023 DealBook Summit in New York on Wednesday, Elon Musk said that he stopped using the popular and controversial social media app, TikTok, after he felt it…
James Gorman and Jeremy Darroch join Disney board before Nelson Peltz proxy fight
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Walt Disney has appointed two new directors — outgoing…
Disney’s Iger to step down in 2026, says Chapek’s tenure was ‘disappointing’
Disney CEO Bob Iger says this go-round running the media giant will be his last when he steps down in 2026. "I'm definitely yes. So you could take given the list of things…