Drugmaker merger turns the page on a dark chapter of US history
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. America loves second chances. So two companies merging soon after finding their footing out of bankruptcy court might sound like a heartwarming tale. On Thursday, Mallinckrodt and Endo joined forces in a stock swap that … Read more
In Bhutan, bitcoin reserves are already common currency
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump may have called for a strategic bitcoin reserve — but while the US president grabs headlines, other sovereigns are quietly amassing their own kitties. Bhutan, a tiny kingdom so esoteric it measures happiness … Read more
Western unity is still on display in Bosnia — but for how long?
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world In one perennially troubled corner of Europe, reports of the transatlantic alliance’s death appear premature. All the disputes over tariffs, Ukraine and collective defence are not preventing the US, Europe’s major powers and … Read more
How Europe can take up America’s mantle
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world “We were at war with a dictator; now we are fighting against a dictator supported by a traitor.” Thus, in a brilliant speech, did Claude Malhuret, hitherto a little-known French senator, define the … Read more
Doge’s ‘villain’ fantasy is wrong about public service
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. Elon Musk’s crusade to root out fraud in government is piling up evidence that, in fact, federal workers are overwhelmingly clean and useful. Musk’s Doge team keeps trumpeting discoveries of “fraud”, then quietly removing … Read more
Europe must be stronger together
This article is an on-site version of Free Lunch newsletter. Premium subscribers can sign up here to get the newsletter delivered every Thursday and Sunday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters There has been an astonishing acceleration in the way European policymakers are engaging with the need to scale … Read more
Inflation: don’t cheer yet
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. The market did not crash on fears of stagflation yesterday, after a colder than anticipated consumer price index … Read more
What bankers and care home workers have in common
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. What do bankers and care home workers have in common? They are both more likely than your average employee to have volatile pay packets that gyrate over the course of a year. A newly available … Read more
