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Business
Disney wins battle against activist investors in proxy fight
Disney has come out of its proxy fight with activist investors victorious. The entertainment giant, helmed by CEO Bob Iger, said Wednesday afternoon that a preliminary tally…
Lars Windhorst threatened with jail over showjumping business dispute
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The family company of US billionaire Frank McCourt has…
Powell says Fed needs more inflation evidence before cutting interest rates
Federal Reserve Chair Jerome Powell on Wednesday stressed the need for more evidence that inflation is subsiding before policymakers move to cut interest rates. "On…
Bob Iger on course to defeat Nelson Peltz in Disney board contest
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Disney looks to have staved off a challenge to its board…
Elon Musk backs Nelson Peltz in Disney proxy fight: 'His track record is excellent'
Elon Musk on Wednesday advocated for Nelson Peltz in the activist investor’s proxy fight with Disney, saying he "should definitely" get a seat on the entertainment giant’s…
To save the oceans, start eating ‘naked clams’
Stay informed with free updatesSimply sign up to the SciencemyFT Digest -- delivered directly to your inbox.The writer is a fellow of Murray Edwards College, Cambridge and a…
WWE makes C4 Energy its first energy-drink partner, will sponsor WrestleMania 40 skycam
WWE and C4 Energy made a major announcement on Wednesday ahead of WrestleMania 40. The two companies agreed to expand their partnership with C4 Energy becoming the first-ever…
EU launches 2 probes into China solar manufacturers
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The EU has launched two investigations into Chinese solar…
Private sector job growth rises more than expected in March
Hiring by U.S. companies rose more than expected in March as the labor market remained resilient even in the face of higher interest rates, according to the ADP National…
Swiss private banker charged with stealing dirty money from own client
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A Swiss private banker has been charged with multiple…