business

Chief executive Mark Read pushed to adopt artificial intelligence but is set to exit with the share price languishing Source link

Boeing 737 aircraft fuselages are pictured at the company’s Renton factory in Renton, Washington, on April 15, 2025. Jason Redmond | AFP | Getty Images Boeing‘s gross orders for new airplanes hit 303 last month, the most since December 2023, as the company makes strides against its rival Airbus and works to stabilize production of…

US, China reach deal to ease export curbs, keep tariff truce alive Source link

Sending the National Guard into LA is the administration’s clearest step yet towards authoritarianism Source link

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US-driven global trade war will depress growth in almost two-thirds of developing economies this year, according to World Bank forecasts, as the lender warned the globalisation that drove an “economic miracle” in many countries…

Rachel Reeves said this week she had “listened” to voters. If that is the case, she will know all too well that they are not impressed: not just over her calamitous winter fuel payment policy, but over her performance since taking office. As she prepares to set out her spending review on Wednesday, Labour’s first…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israeli Prime Minister Benjamin Netanyahu’s coalition is bracing for a crunch vote on Wednesday, as ultra-Orthodox allies threaten to back a preliminary motion to dissolve parliament unless the government passes legislation sparing religious students from…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Blackstone Group is preparing to significantly increase its investments across Europe as the private capital group bets economic reforms will revive growth after years of US outperformance. Stephen Schwarzman, co-founder of the $1.2tn-in-assets investment group,…

FanDuel is upping the ante in Illinois with a new 50-cent surcharge on all wagers, and DraftKings may be next. Flutter-owned FanDuel is introducing the charge to mitigate the impact of new taxes that the state instituted with its new budget, which disproportionately affect the two leading sportsbooks. The new tax is applied to each…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chancellor Rachel Reeves will on Wednesday put a £39bn “affordable housing” plan at the heart of her multiyear UK spending review, as she combines a tight squeeze on day-to-day spending with a £113bn plan to…