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Arnault and LVMH go from buyer to seller as luxury’s long winter drags on
LVMH is exploring sales of fashion houses, beauty labels and alcoholic drinks brands in one of the most significant retrenchments of its near 40-year history, as the luxury industry leader slims down in response to a period of lower...
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Britney Spears pleads guilty to lesser ‘wet reckless’ charge in DUI case to avoid jail time | Fortune
Britney Spears pleaded guilty through her lawyer Monday to a lesser charge that will allow her to avoid jail time after California prosecutors accused her of driving under the influence of alcohol and drugs.The 44-year-old pop star, who recently completed a stint...
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OpenAI president defends his motives in for-profit restructuring as he reveals $30bn personal stake
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.OpenAI president Greg Brockman in court on Monday was forced to defend diary entries that appeared to show he was preoccupied...
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The dark side of the American work ethic: widespread sleep deprivation, linked to obesity, depression, even early death | Fortune
Many Americans are long overdue for a good nap. Their health—and that of the economy—might depend on it.A rising share of Americans are sleeping less than they should, adding on to the country’s persistent sleep deficit that public health...
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China is building soft power as Trump burns bridges
Stay informed with free updatesSimply sign up to the Chinese politics & policy myFT Digest -- delivered directly to your inbox.As I write, the World Snooker Championship is coming to a climax in Sheffield — with 22-year-old Wu Yize...
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Current price of oil as of May 4, 2026 | Fortune
As of 8:45 a.m. Eastern Time today, oil sold for $115.01 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s $3.81 higher than yesterday morning and approximately a $55 rise over the past year.Oil price...
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GameStop makes unsolicited $56bn offer for eBay
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Video game retailer GameStop is making a $55.5bn unsolicited offer for resale web giant eBay, the company announced on Sunday evening....
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Enbridge aims to help North America win from the AI boom and the Iran war as the FedEx of energy delivery | Fortune
Call it the FedEx of energy. Calgary-based Enbridge has grown into the largest oil and gas pipeline company in the world by market cap—$120 billion—delivering vital energy supplies across the globe. Just don’t simplify Enbridge to only putting pipe...
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Markets on alert as Trump vows ‘Project Freedom’ for Hormuz, setting up potential showdown after renewed attacks on ships | Fortune
Jason Ma -
Financial markets were muted on Sunday as investors were reluctant to bite on the latest well-timed social media post from President Donald Trump about Iran.Futures tied to the Dow Jones industrial average fell 53 points, or 0.11%. S&P 500 futures were...
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GameStop making $56 billion offer to acquire eBay, WSJ says | Fortune
GameStop Corp. will offer $125 in cash and stock per eBay Inc. share in a takeover proposal valued at about $56 billion, the Wall Street Journal reported, citing an interview with GameStop Chief Executive Ryan Cohen. Cohen told the paper...