Elon Musk became the latest billionaire to jump to Donald Trump’s defense on Friday following the former president’s conviction of falsifying business records in relation to hush-money payments to porn star Stormy Daniels. The Tesla CEO fired off a post…
US President Joe Biden said Israel had offered a new proposal in negotiations with Hamas to free hostages and bring about a lasting ceasefire, as he urged both sides in the conflict to embrace his hopes for broader peace in…
Check out the companies making headlines in midday trading: Dell Technologies — The software stock plunged 22% after executives cautioned that its gross margins could face more pressure in 2025. Lionsgate Studios — Shares rose 1% after Citi initiated coverage…
The European Union said Friday that it’s adding Chinese online retailer Temu to its list of platforms facing the bloc’s highest level of digital scrutiny. Because it has more than 45 million users, Temu is being classed as a “very…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour has pledged to bring a huge number of jobs and billions of pounds worth of investment to Scotland through…
UBS released a list of its highest-conviction energy picks for the remainder of the year, ranging from a newly touted artificial intelligence play to an oilfield services leader. In a Thursday note, analyst Josh Silverstein listed the firm’s “most compelling”…
Jeep is bringing its first electric vehicle to the U.S. The automaker, on Thursday, debuted the Wagoneer S, a fully electric SUV that will go on sale in the U.S. and Canada later this year—and other worldwide markets in the…
Eurostar has enjoyed a monopoly on passenger trains linking the UK to continental Europe since its first service left London Waterloo in 1994. But today the operator is facing the most serious competitive threat in its 30-year history, with up…
CHICAGO — Pfizer on Friday said its drug for an advanced form of lung cancer showed promising long-term results in a late-stage trial, which may help establish it as the new standard treatment for the condition. The company’s medicine helped…
Inflation ticked up to an annual 2.6% in Europe in May, according to official figures on Friday. That’s more than expected as a painful spike in consumer prices takes its time to fade away. Yet that’s unlikely to stop the European Central…