WPP is an accidental advert for AI industry disruption

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. WPP is the ad agency behind the Mayo Cat, a bow tie-wearing feline that advises shoppers to douse leftover food in Hellmann’s mayonnaise. Sadly, there’s no similar trick for livening up the company’s own prospects. … Read more

Trump is provoking LA to fire up his base

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The writer is editor at large of The American Prospect and the former executive editor of LA Weekly History sometimes needs a push. In sending his immigration police to disrupt Los Angeles, US … Read more

Tesla after Trump

Good morning. On Friday, the May jobs report came in much better than feared. The US private sector added 139,000 jobs and the unemployment rate held steady at 4.2 per cent. There were soft spots, including downward revisions for March and April. But broadly speaking, this was a good report. The US stock market approved, … Read more

David Attenborough Ocean film captivates young viewers

Hours before King Charles, former Spice Girl Geri Halliwell-Horner and astronaut Tim Peake were among the stars gracing the “blue” carpet at the London screening of Ocean with David Attenborough last month, the real premiere of the documentary took place at the same venue.  Rather than adults, it was more than 1,000 students from England … Read more

Our oceans are in crisis — this is the chance for the world to act

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. John Kerry served as the 68th US Secretary of State and President Biden’s Special Presidential Envoy for Climate. He drives oceans and climate initiatives at the Carnegie Endowment for International Peace. Our global ocean, which … Read more

It’s time for private equity to go back to basics

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world For years, private equity’s expedient playbook for making money out of flipping businesses has been a simple formula: raise cash, buy low, add cheap debt, exit high, return capital, and repeat. This flywheel … Read more