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Business
Billionaire Carolina Hurricanes owner on Wall Street titans embracing Trump: 'Hard to support nonsense'
With the November election looming large, economic perils and geopolitical unrest continue to plague the Biden administration. As voters decipher who to send back to the…
Can Anglo American’s platinum division go it alone?
Anglo American will avoid rushing the spin-off of its South African-based platinum division to ensure the best possible deal for shareholders and workers, the chief executive of…
Left-wing activism rampant in corporate shareholder proposal process: report
FIRST ON FOX: The Securities and Exchange Commission's (SEC) shareholder proposal approval process has been disproportionately pushing U.S. corporations' policies toward…
FirstFT: Labour pledges to consult on private equity tax and focus on ‘wealth creation’
Good morning. Our top story breaks down what to expect today ahead of the launch of Labour’s election manifesto in Manchester, where Sir Keir Starmer will pledge to focus on…
GameStop raises over $2B in stock sale during Roaring Kitty craze
GameStop raised more than $2 billion after selling 75 million shares, the video game retailer said Tuesday. The sales of the shares stemmed from an at-the-market equity…
Brussels is gambling that tariffs on Chinese EVs are a prod, not a punch
Stay informed with free updatesSimply sign up to the Trade disputesmyFT Digest -- delivered directly to your inbox.Sam Lowe is a partner at Flint Global, where he advises clients…
Buy now, pay later products to be treated like credit cards, CFPB says
The Consumer Financial Protection Bureau (CFPB) will apply credit card rules to Buy Now, Pay Later (BNPL) products. As a result, BNPL lenders must follow the federal Truth in…
UK rental market faces ‘growing challenges’, survey finds
Stay informed with free updatesSimply sign up to the UK propertymyFT Digest -- delivered directly to your inbox.Britain’s rental market faces “growing challenges” with rising…
Chick-fil-A location's summer camp for kids draws criticism, sparks debate on social media
A Chick-fil-A restaurant in Louisiana announced that it will host a summer camp just for kids, igniting a debate on social media. The franchise location in Hammond will open…
Private equity firms collect $1tn in fees at reduced tax rates
Stay informed with free updatesSimply sign up to the Private equitymyFT Digest -- delivered directly to your inbox.The world’s largest private capital firms have avoided income…