Elon Musk walked out on stage and did a celebratory jumping jack. His arms stretched wide over his head as he hopped in jubilation. The galvanized Musk had just been re-granted his $46 billion pay plan that a Delaware judge…
US stocks climbed to record highs for the fourth straight session after data showed inflation fell to 3.3 per cent in May, raising expectations of early interest rate cuts. The S&P 500 closed 0.2 per cent higher on Thursday, despite…
Tesla shareholders on Thursday voted to ratify CEO Elon Musk’s mammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind the package, finding it had been improperly granted by the board. At Tesla’s annual…
In the year The Blair Witch Project debuted, the movie’s filmmakers were desperately looking for their stars. They passed out “missing person” flyers of the three main actors at the Sundance Film Festival, pleading for those with information to call…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nigel Farage’s Reform UK party has overtaken the Conservatives in a national opinion poll for the first time, in the…
Republican presidential candidate, former U.S. President Donald Trump gives remarks to the press at the National Republican Senatorial Committee building on June 13, 2024 in Washington, DC. Anna Moneymaker | Getty Images Donald Trump huddled with at least 80 CEOs…
A Danish food regulator recalled a brand of instant noodles, declaring the chewy, umami-filled strings posed a health hazard, despite not having quality control issues. They were too spicy. The Danish Veterinary and Food Administration (DVFA) made the decision to…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Wells Fargo has fired several employees for allegedly trying to fool their bosses into thinking they were working when they…
Pixelseffect | E+ | Getty Images Consumers saw prices for some goods and services deflate in May, amid a backdrop of broadly easing inflationary pressures. Whereas inflation is a measure of how quickly consumer prices are rising, deflation is the…
It’s a big few weeks for U.K. politics as the countdown (now at 21 days) to the general election is on. This week, the front-running parties in the election—the Labour and Conservative (or Tory) parties—launched their manifestos. Each group revealed…