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Business
Biden megadonor faces calls to be ousted from Microsoft board over political activism
A conservative watchdog group is calling for billionaire Democratic megadonor and LinkedIn co-founder Reid Hoffman’s ouster from the Microsoft board of directors. The…
Deutsche Bank projects highest annual revenue in 7 years
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Deutsche Bank said it would have capacity to increase…
Nvidia says US sped up export curbs on AI chips
Nvidia said in a new regulatory filing dated Tuesday that the U.S. government’s new export controls on shipments of advanced artificial intelligence (AI) chips to China took…
Santander net profit rises 20% as interest rates hit record high
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Santander’s net profit rose 20 per cent year on year in…
Lakers’ LeBron James, NFL legend Peyton Manning planning basketball streaming series: reports
Netflix recently released the sports docuseries "Beckham" to much fanfare. Earlier this year, Pro Football Hall of Famer Peyton Manning's Omaha Productions released the…
Ferrexpo chair urges Kyiv to spare miner in anti-oligarch campaign
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The chair of UK-listed Ukrainian miner Ferrexpo has urged…
Microsoft sales beat estimates as customers prepare for AI rollout
Microsoft on Tuesday beat Wall Street estimates for fiscal first-quarter results in all segments, driven particularly by strength in its cloud-computing and PC businesses. The…
Lessons to learn from the CAB Payments debacle
Craig Coben is a former global head of equity capital markets at Bank of America and now a managing director at Seda Experts.“I need a hero,” sings Bonnie Tyler. “I’m holding out…
Colorado business pays $23.5K settlement with 6,500 pounds in coins: reports
A Northern Colorado welder who agreed to settle a lawsuit filed by another welder paid the settlement amount of $23,500 that was agreed upon, in quarters, nickels, dimes and…
Shorter US settlement times have European ETFs rushing to be ready
A decision by the US Securities and Exchange Commission to shorten the period for settling bond and share trades — from two days to just one — has prompted a burst of activity in…