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EQT warns AI fears will stall sales of private equity software stakes
Stay informed with free updatesSimply sign up to the European companies myFT Digest -- delivered directly to your inbox.EQT has warned that fears that AI will destroy many software businesses will stall private equity firms selling their investments in...
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Sorry, Tampa Bay, mixed-use districts don’t reverse the dismal economics of sports venues
When the Atlanta Braves opened Truist Park in 2017, Major League Baseball Commissioner Rob Manfred called it a “watershed” moment.What drew so much attention to the new Braves’ stadium in suburban Cobb County, Georgia, at...
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Yale asked the right question. Now the rest of higher education owes an answer | Fortune
Earlier this month, Yale published the findings of a year-long faculty investigation into why Americans have lost faith in higher education. Ten tenured professors. Hundreds of consultations. Unanimous conclusions. That took institutional courage, and the rest of us in...
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Keir Starmer’s growing list of apologies
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.For Sir Keir Starmer, apologising is becoming an unwelcome habit. The prime minister has stood up multiple times in the House of...
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Feud between AI power startup Fermi and its fired CEO and top shareholder heats up over proposed sale | Fortune
The new leadership of the AI power startup Fermi is feuding with its fired CEO and top shareholder over a potential sale of the company.The struggling Texas company, which went public last year at a nearly $20 billion market...
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Starmer’s political woes deepen as Mandelson scandal saps his authority
Sir Keir Starmer on Tuesday went through the motions of defending his handling of the Peter Mandelson scandal, but the mood around the cabinet table — the averted eyes, the virtual silence — pointed to a prime minister in...
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Trump extends Iran ceasefire after insisting he wouldn’t hours earlier, citing a ‘seriously fractured’ Iran | Fortune
The U.S.-Iran ceasefire will not expire on Wednesday afternoon after all. In a Truth Social post Tuesday afternoon that came minutes after stocks settled, President Trump said he was extending the truce—citing “the fact that the Government of Iran is...
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Elite law firm Sullivan & Cromwell admits to AI ‘hallucinations’
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sullivan & Cromwell told a US federal bankruptcy court that a major filing it made in a high-profile case contained multiple...
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How Trump’s war screwed you out of your Trump tax refund: Wall Street has the receipts | Fortune
The promise was simple and seductive: Pass the One Big Beautiful Bill, flood American wallets with historic tax refunds, and watch the consumer economy roar. For a few weeks this winter, it looked like it might actually work. Then...
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Signs of economic instability emerge in Oakland County, one of Michigan’s wealthiest
Oakland County, home to nearly 1.3 million residents, ranks among Michigan’s wealthiest counties.But that description does not tell the whole story.Since 2020, Oakland County’s population and income have grown steadily. Over the same...
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Pope Leo criticises Equatorial Guinea prisons as he winds up Africa tour
The Pope gives a frank and passionate speech, the likes of which have characterised his tour of Africa.
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