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German energy giant nears £600mn deal to buy UK supplier Ovo

Stay informed with free updatesSimply sign up to the UK energy myFT Digest -- delivered directly to your inbox.Germany’s E.ON is closing in on a £550mn-£600mn deal for UK household gas and electricity supplier Ovo, in a move that...

You should pick your credit card perks like how Warren Buffett picks his stocks, TD Bank exec says | Fortune

If you’re a Boglehead like myself, you can talk endlessly about the compounding powers of the three-fund “lazy portfolio:” some bonds, some domestic stocks, and some international ones. Set it and forget it, never look at it again until...

Musk vs. Altman: Burning Man, a ‘diary,’ and a trial almost no one thinks Musk can win | Fortune

The most expensive frenemy fallout in tech history began Monday, in a federal courtroom in Oakland.After over a decade of partnership, Tesla CEO Elon Musk is suing OpenAI CEO Sam Altman for more than $130 billion, alleging that Altman...

Perseverance doesn’t always pay off for companies – sometimes it’s better to ‘fail fast’

Across the business world, companies often double down on struggling ideas, retreating only after clear evidence shows they won’t work.A recent spectacular example was Meta’s metaverse push. After the organization invested US$80 billion over...

Top central banks gamble they have time on inflation risks

Stay informed with free updatesSimply sign up to the Central banks myFT Digest -- delivered directly to your inbox.The world’s top central banks are expected to hold off raising interest rates this week, as officials gamble they can take...

Rachel Reeves set for new growth push after May elections

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Chancellor Rachel Reeves is preparing to set out a fresh push for fiscal discipline, closer ties with the EU and planning...

DOJ uses White House correspondents’ dinner shooting to pressure preservations to drop lawsuit over Trump’s $400 million ballroom | Fortune

President Donald Trump’s Justice Department is using the shooting at the White House Correspondents’ Dinner on Saturday to try to pressure preservationists to drop their lawsuit over his planned $400 million ballroom on the site of the former East Wing of...

The ‘obscene economics’ of modern warfare show how the race to military supremacy is transforming, while U.S. rearmament relies on China  | Fortune

The Iran conflict has confirmed a transformation in the economics of warfare toward cheap, mass-produced weapons, forcing a wholesale rethinking of military procurement, according to a recent report.While the U.S. and Israel have decimated Iran’s military, the Islamic republic...

Ex-Nasa teacher identified as alleged shooter at White House dinner

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldA teacher and computer games developer who was previously an intern at Nasa has been identified by US media...
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