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SpaceX filing kicks off largest IPO process in history
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Elon Musk’s rocket company SpaceX has confidentially filed to go public, firing the starting gun on what is expected to be...
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Luigi Mangione’s federal trial has been pushed back to October in killing of UnitedHealthcare CEO | Fortune
A judge on Wednesday granted Luigi Mangione only a slight delay of his federal trial in the killing of UnitedHealthcare CEO Brian Thompson, moving it from September to October instead of next year, as his lawyers had wanted.U.S. District Judge Margaret...
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Why Michael Jackson’s daughter, Paris, won’t stop ‘til she gets enough from his estate
When Michael Jackson died in 2009,his fairly straightforward 5-page will left everything he owned to a family trust – an estate planning technique for giving away property that allows for privacy. The trust benefits Jackson’s...
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The NFL draft brings economic gains – and hidden public safety costs
When the NFL draft comes to town, the host city’s hotels, bars and restaurants fill, while its downtown gets three days of national exposure.Detroit’s 2024 draft drew more than 775,000 fans and generated a...
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BP’s new chief promises ‘clear direction’ after turbulent year
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BP’s new boss has promised “clear direction and consistency” after a year in which the UK oil major reversed strategy under...
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Sheryl Sandberg tapped a 25-year-old to run Lean In. Here’s her plan to close the AI gender gap | Fortune
Women are falling behind on AI adoption, and former Meta COO Sheryl Sandberg knows it. That’s why she’s refocusing her women’s leadership nonprofit, Lean In, on closing the AI gender gap — and installing a 25-year-old to lead the charge.A new survey of 1,000 U.S....
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UK submarine captain steps down after link to Chinese spy case
The captain of one of Britain’s nuclear-armed submarines has stepped back from his role this week after being investigated over his relationship with Joani Reid, the Labour MP whose husband has been arrested on suspicion of spying for China.The...
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The real engine of innovation is trust | Fortune
Every society in human history, regardless of geography, language, or economic system, has had to answer the same question: how do you build something with people whose commitment has to be earned?The answer is trust. It is what...
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How polling failures, gambling legalization and political gridlock paved the way for the explosive rise of prediction markets
Though prediction markets have been legal in the U.S. for less than 18 months, they can’t stop making news and making money.On prediction markets such as Kalshi and Polymarket, users can stake real money on...