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Bill Ackman is a self-described ‘Buffett devotee’—and wants his $28 billion Pershing empire to be the ‘modern-day’ Berkshire | Fortune

Bill Ackman has never been one to temper his ambitions, but by filing to take Pershing Square public, he may have taken the first step toward reaching his biggest goal yet—to create his own “modern-day” Berkshire Hathaway by following in...

Oracle blows investors away with 22% ‘hyper growth’ — but cash flow crunches to negative $24.7 billion | Fortune

Oracle called the third quarter of fiscal 2026 its best in 15 years with revenue up 22% to $17.2 billion and cloud infrastructure up 84% to $4.9 billion. The market rejoiced, sending the stock up nearly 10% in after-hours...

Polymarket taps Palantir AI to police sports betting before it’s too late | Fortune

Sports fans have long loved to bet on their favorite teams, but online sports betting has turned the casual wager into a click. Legal sports betting generated $10 billion during the first three quarters of 2025, but increasingly, prediction...

Bill Gates was a top 3 philanthropist last year as the ultrawealthy gave away $22.4 billion — but he didn’t take the top spot |...

The 50 American individuals and couples who gave or pledged the most to charity in 2025 committed US$22.4 billion to foundations, universities, hospitals and more. That total was 35% above an inflation-adjusted $16.6 billion in 2024, according to the...

UK government consults on scaled-back digital ID plan

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Labour government has set out plans for a scaled-back digital ID scheme that excludes children and personal data such as...

Gifts from top 50 US philanthropists jumped to $22.4B in 2025 − Mike Bloomberg, Bill Gates and the estate of Paul Allen lead a...

The 50 American individuals and couples who gave or pledged the most to charity in 2025 committed US$22.4 billion to foundations, universities, hospitals and more. That total was 35% above an inflation-adjusted $16.6 billion in...

Most small businesses can’t afford a full-time finance chief. So Mastercard is debuting a ‘virtual CFO’ built with AI | Fortune

Large companies can rely on in-house finance chiefs for strategic guidance. Many small business owners, by contrast, must make CFO-level decisions on their own. Mastercard is betting a new “Virtual C-suite” can help fill that gap.The new agentic AI...

AI can double output. Human biology can’t | Fortune

In recent weeks, Accenture made headlines for linking senior managers’ promotion prospects to their use of internal AI tools. In a market defined by automation and efficiency, employees are expected to integrate AI into their daily workflows. Usage can...

Former Goldman Sachs CEO says DEI programs are ‘counterproductive,’ arguing ‘you’re branding the people in that program’ | Fortune

The 2020 murder of George Floyd ignited a racial justice movement that extended from grassroots activism to corporate boardrooms. Companies launched initiatives to ensure their workforces were more inclusive of underrepresented communities in a modern revamp of diversity, equity,...

America’s never had such high national debt heading into an economic shock. We need a ‘break glass’ plan, think tank warns | Fortune

The U.S. has never been more financially exposed heading into a potential economic crisis. With the national debt now equal to 100% of the country’s entire economic output—a level not seen since World War II—a prominent nonpartisan think tank...
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Why I brought a classic 1970s car from New Zealand to Orkney

Dutchman Hans Compter travelled around the world to deliver the Austin to Cathleen Hourie in Orkney. Source link
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