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Two top BCG executives lose leadership roles over Gaza project
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Two of Boston Consulting Group’s senior executives will leave their leadership roles in the wake of revelations about the firm’s work...
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Century-old American cereal giant Kellogg is turning Italian, selling to Ferrero for $3.1 billion
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in an effort to expand its North American sales.The Ferrero Group said Thursday it will pay $23 for each Kellogg share, or...
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Trump’s ‘big’ bill gives millions of taxpayers a new charitable tax break, but whether it will help nonprofits is unclear
The multitrillion-dollar bill that President Donald Trump signed into law on July 4, 2025, will change how the U.S. tax code treats charitable donations. It also has several tax provisions that affect some colleges, universities...
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Market volatility recedes as investors brush off Donald Trump’s tariff threats
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldMarket volatility has dropped to near its lowest levels of the year and stocks are trading at record highs...
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U.S. has already posted more measles cases than in any year since 1991 and 2025 is only half over
The U.S. is having its worst year for measles spread in more than three decades, and the year is only half over.The national case count reached 1,288 on Wednesday, according to the U.S. Centers for Disease Control and Prevention, though public...
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Trafigura-owned biodiesel plant to close in new blow to UK industry
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A biodiesel plant in northern England is set to close in the latest blow for UK industry following the collapse of...
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Linda Yaccarino steps down as chief executive of X
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Linda Yaccarino is stepping down as chief executive of X two years into a role where she attempted to claw back...
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Sports and entertainment mogul accused of making secret backroom deal in $338 million arena project
Timothy Leiweke, co-founder mogul of entertainment venue developer Oak View Group (OVG), is facing a decade in prison following an indictment returned on Wednesday. Leiweke is accused of allegedly conspiring with the CEO of competitor Legends Hospitality to make...
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Nvidia makes history with $4 trillion market cap while markets brush off tariff worries
Traders seem to be unbothered that tariffs’ return to the spotlight could lead to another market crash. As stocks rose, Nvidia became the first company to ever reach a market cap valued at $4 trillion. Stocks rose on Wednesday after...
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Donald Trump set to visit Scotland this summer
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldPresident Donald Trump is set to visit the UK this summer but has no plans to meet King Charles...