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Business
Elon Musk weighs in on massive migrant caravan headed to US-Mexico border: ‘staggering’
Tech billionaire Elon Musk weighed in Wednesday on the massive migrant caravan headed to the U.S.-Mexico border. Taking to his platform X, formerly Twitter, Musk replied to a…
Ørsted: ill wind blows no good for developer that bungled estimates
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ørsted’s C-suite must be feeling the chill. The Danish…
Panera to lay off more than 300 corporate employees ahead of IPO
Panera reportedly is trimming its corporate headcount. Its 1,800-person corporate workforce is becoming about 17% smaller as part of the move, the Wall Street Journal reported…
Donald Trump Jr distances himself from Trump Organization’s financial statements
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Donald Trump Jr distanced himself from the financial…
Disney to buy remaining third of Hulu from Comcast
Walt Disney on Wednesday formally began the process of buying Comcast's one-third stake in Hulu, a deal that will give Disney full ownership of the streaming service and…
UK housebuilding at its weakest since start of pandemic, say surveyors
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Surveyors reported their gloomiest assessment of UK…
LARRY KUDLOW: This is why people are giving ‘Bidenomics’ the lowest grades of any president in recent memory
Wall Street keeps telling us that the Federal Reserve is going to be lowering its policy rates soon and that market rates are going to follow that down. But Wall Street's…
Live new: Brookfield consortium increases Origin offer following pension fund pressure
A Brookfield-led consortium has raised its offer for Australia’s Origin Energy by A$1.2bn (US$771mn), valuing the business at almost A$20bn.Pressure has been building on Brookfield…
Woman receives $7.1 million in lawsuit over cooking spray that ‘exploded into a fireball’
An Illinois jury awarded more than $7 million to a Pennsylvania woman who said she was injured after a can of cooking spray suddenly ignited and exploded after releasing…
Disney moves to buy Comcast out of Hulu streaming joint venture
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Disney has agreed to acquire the 33 per cent of Hulu that…