The US Supreme Court has invalidated a measure in Purdue Pharma’s bankruptcy that would shield members of the company’s founding Sackler family from future civil liability in exchange for a $6bn contribution, in a closely watched case involving the maker…
GUANGZHOU, CHINA – NOVEMBER 17: A GAC Aion Hyper SSR electric sports car is on display during the Auto Guangzhou 2023 at China Import & Export Fair Pazhou Complex on November 17, 2023 in Guangzhou, Guangdong Province of China. (Photo…
On this episode of Fortune’s Leadership Next podcast, Michal Lev-Ram interviews Warby Parker co-founders and co-CEOs Dave Gilboa and Neil Blumenthal, who started the company with two other friends in 2010. They discuss the reasons their partnership remains successful when so many other…
In a busy café in north-western Tehran, with loud western music blasting from speakers, Vahid said he would not cast his vote in Friday’s presidential election. “Why should I vote in a system where there is repression and corruption?” he…
Sweden’s Riksbank on Thursday said it may cut interest rates up to three more times this year — as the central bank’s governor, Erik Thedéen, warned it must proceed with caution. “Two or three cuts is a forecast, it’s not…
If you haven’t heard, having children is expensive. As well as the eye-watering price of equipment for your new bundle of joy (strollers alone can cost around $1,000), you have to factor in the time off work to have the…
The next UK government must stop “walking on eggshells” around improving EU trade ties, the head of the UK’s largest business organisation has warned. Shevaun Haviland, director-general of the British Chambers of Commerce, on Thursday urged the winner of next…
(This is CNBC Pro’s live coverage of Thursday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) A chipmaker and an oil giant from Brazil were among the stocks being talked about by…
NASA has awarded SpaceX an $843 million contract to build the vehicle that will bring the International Space Station out of its longtime orbit of Earth when its operating lifespan ends in a few more years. SpaceX, a privately held…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hennes & Mauritz, the world’s second-biggest listed fashion retailer, suffered a share price plunge on Thursday as the company issued…