Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Venture capitalists have a concept they call the “power law” — the idea that the bulk of returns in a portfolio comes from just a few investments. CoreWeave, a US data-centre operator that has filed … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The five-way roundabout under the Oxford bypass near BMW’s Mini factory is a stiff test for any driver. But the self-driving Ford E-Transit passenger van in which I am riding navigates its way deftly through … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Consulting firms have long thrived on the inefficiencies of the public sector. In the US, they are called in to help the government perform all kinds of functions, from beefing up cyber security … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Professor Eric Talley may soon have a surprise summer project: a major rewrite of his long-running syllabus for his core class on corporate law at Columbia Law School. The standards for US mergers … Read more
This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. Yesterday was rough. It began with the ISM manufacturing survey for February, which showed new orders falling into … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The intensity and hostility of the Oval Office clash between Donald Trump, JD Vance and Volodymyr Zelenskyy has left many observers taken aback. For those of us who have spent careers in investment … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Es are back. Aberdeen, a fund manager with prospects as dreich (Scottish for drab) as its home city, axed the vowels in a bid to revive its fortunes in 2021. No dice: abrdn floundered … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia is facing its first real competitor in China. US export controls, designed to cut off China’s access to advanced chips and chipmaking gear, were supposed to ensure that no domestic rival could emerge. But … Read more
Australia’s east coast is bracing for impact as Tropical Cyclone Alfred, which had been expected to remain offshore, now appears set to make landfall later this week. Damaging winds, dangerous surf and widespread flooding are expected for parts of Queensland and northern New South Wales. The sudden shift in Alfred’s path has caught forecasters by … Read more
James Harrison did not much care for needles. Whenever he donated plasma, he would look away as the tip went into his arm. But Mr. Harrison, an Australian who died last month at 88, was one of the most prolific donors in history, extending his arm 1,173 times. He may have also been one of … Read more