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The world has entered a ‘global water bankruptcy,’ but markets are mispricing water as drought costs rise to $307 billion annually, analysts warn |...
The world is in deep water, but only metaphorically. Basins, aquifers, and other natural storage systems have been drained past recovery in our lifetimes, and one analyst warns markets aren’t taking the matter seriously enough.The United Nations University Institute...
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What we lose when artificial intelligence does our shopping
Americans spend a remarkable amount of time shopping – more than on education, volunteering or even talking on the phone. But the way they shop is shifting dramatically, as major platforms and retailers are racing...
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French weather service alerts police to tampering after suspicious Polymarket bets
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.France’s weather forecasting service has filed a police complaint after detecting anomalies in its temperature gauges at Paris-Charles de Gaulle airport,...
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Big Tech is spending $226,000 a day on lobbying Congress, advocacy group finds | Fortune
From presidential inaugurations to high-profile dinners to documentary screenings, Big Tech leaders have become a fixture in the White House. And it looks like it’s spreading to Capitol Hill as well—their representatives are expanding their influence in Washington by...
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Nelson Peltz’s son builds first public activist stake in Intertek
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Matt Peltz, the son of activist investor Nelson Peltz, has built a stake in Intertek, the FTSE 100 group that is...
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Southwest Air drops as US airlines contend with soaring fuel | Fortune
Southwest Airlines Co. reported adjusted quarterly profit and revenue that fell just shy of Wall Street’s expectations, as the US carrier joins rivals in grappling with higher fuel costs.Shares in the Dallas-based airline extended losses in aftermarket trading after...
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Meet ‘Ace,’ the paddle-wielding robot who just beat humans at ping pong in AI breakthrough | Fortune
A paddle-wielding robot is so adept at playing table tennis that it is posing a tough challenge to elite human players and sometimes defeating them, according to a new study that shows how advances in artificial intelligence are making robots more agile.Japanese electronics...
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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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How personal finance advice is getting political, thanks to ‘finfluencers’
Once seen as often dry and sometimes intimidating, personal finance advice is a far cry from what it was in your grandparents’ day.It’s not just the array of new online tools, from banking apps...
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Everest: Chunk of glacier blocks route in peak climbing season
Sherpas cannot prepare the route to the world's highest peak because a huge block of ice is in the...