Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world If confirmed as chair of the Federal Reserve, is Kevin Warsh going to be an inflation hawk or Donald Trump’s poodle? His repeated statements on monetary policy and the broader obligations of the … Read more
By 2.30pm on Saturday, five days into the shortest election campaign in postwar Japanese history and after half an hour of warm-up by the local Liberal Democratic Party candidate, the 3,000-strong crowd filling the Kanagawa Science Park finally got what it came for. Sanae Takaichi, arch-conservative, populist and on course for a possible landslide this … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Billionaire investor Ken Griffin has accused members of the Trump administration of enriching their families, in a rare rebuke by a prominent Wall Street figure and big Republican donor. “This administration has definitely … Read more
An internal investigation into Crispin Odey’s behaviour at his eponymous hedge fund uncovered 46 allegations of inappropriate conduct towards female employees, according to the UK’s financial regulator. The allegations, spanning from 2003 to 2020, included a sexual assault and an incident in which Odey brought a skirt into the office and “required a receptionist to … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Law firm Paul Weiss has poached Sean Wheeler, one of rival Kirkland & Ellis’s leading energy partners, in the latest high-profile strike by the New York firm as the war for legal dealmakers escalates. Paul … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump’s Federal Reserve chair nominee Kevin Warsh faces a battle in the Senate after lawmakers threatened to hold up his confirmation until the justice department halts its probes into Jay Powell and Lisa … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Texas Instruments is in advanced talks to buy chip designer Silicon Laboratories for about $7bn as a wave of consolidation sweeps across the semiconductor industry. Talks between the two companies were at an advanced stage … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The US House of Representatives has voted narrowly to end the partial government shutdown, while setting up another funding cliff for the Department of Homeland Security amid a fight over Donald Trump’s mass … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Spain’s Santander has struck a $12.2bn deal to buy US-based Webster Financial, as the European lender tries to build its presence in the US. The acquisition, announced on Tuesday, will vault Santander into the top- … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Novo Nordisk expects a decline in sales of up to 13 per cent this year as the Danish drugmaker competes in an increasingly crowded obesity-treatment market and faces pressure on the pricing of its drugs. … Read more