Michigan is taking on major oil and gas companies in court, joining nearly a dozen other states that have brought climate-related lawsuits against ExxonMobil and its industry peers. But Michigan’s approach is different: accusing Big Oil not of deceiving consumers or misrepresenting climate change risks, but of driving up energy costs by colluding to suppress … Read more
X, the former Twitter, had a significant outage in the U.S. and UK. this morning. Thousands of users were unable to sign onto the Elon Musk site this morning as X wouldn’t load in both its app and website forms. About an hour after reports first were posted, many users were able to open X. … Read more
Nexo is set to relaunch its digital asset services and crypto exchange platform in the US on Monday, more than three years after it left the market following battles with federal and state regulators. Now, citing improved regulatory clarity for digital assets in the US, the rebooted Nexo platform will offer flexible and fixed-term yield … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UBS has been ordered by a Zurich court to open internal valuation documents to former Credit Suisse shareholders, in a ruling that adds to mounting legal and political scrutiny of Switzerland’s biggest bank. A Zurich … Read more
We should note, in terms of time and space, that the dogs aren’t just dogs. They’re wirehaired pointing griffons, cheerful and gigantic hunting dogs that, in lieu of hunting, are burly, slobbering socializers, adding to the logistical demands of parenthood—one of the reasons why, when we spoke, and when her home team included two children … Read more
Fox It’s true that some of the best art is the product of suffering, but that arguably doesn’t apply to the maligned cougar scene in “24” Season 2, Episode 11. After all, it led to Elisha Cuthbert being bitten by a real-life wild cat ahead of filming … Read more
Love Stories is a series about love in all its forms. For this year’s installment, Vogue partnered with the publisher 831 Stories on a collection of essays and excerpts celebrating the art of romantic fiction. So break out the chilled red wine and silky pajamas, and read on. The viral success of Heated Rivalry has … Read more
There’s been a bunch of exciting research-focused AI labs popping up in recent months, and Flapping Airplanes is one of the most interesting. Propelled by its young and curious founders, Flapping Airplanes is focused on finding less data-hungry ways to train AI. It’s a potential game-changer for the economics and capabilities of AI models — … Read more
Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. Carillion’s former chief executive has dropped a legal challenge against the UK’s financial watchdog, which had fined him for making misleading statements about problems at its British construction business that triggered the group’s collapse. … Read more
Photo: Cesar Buitrago Mgmt Aisling Camps took an unusual route to founding her own fashion label. Though she already has a 2023 Fashion Trust U.S. Award and 2024 CFDA Frazier Family Foundation Empowered Vision Award under her belt, the Trinidadian-born designer originally began her career in a very different field. In 2008 she graduated from … Read more