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Permira nears £2bn plus deal to buy JTC
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Private equity group Permira is nearing a £2bn plus deal to buy UK-listed fund administrator JTC, in a move that would...
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MLB’s Emmanuel Clase and Luis Ortiz charged with taking bribes to rig pitches so gamblers could win in-game prop bets | Fortune
Cleveland Guardians pitchers Emmanuel Clase and Luis Ortiz have been charged with taking bribes from sports bettors to intentionally throw certain types of pitches, including tossing balls instead of strikes to ensure successful bets.According to an indictment unsealed Sunday...
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Transportation chief rules out air travel for many Americans this Thanksgiving unless shutdown ends as flights are ‘reduced to a trickle’ | Fortune
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While many Americans are bracing for delays and alternates routes to get around canceled flights, Transportation Secretary Sean Duffy said flying will simply not be possible for many travelers this Thanksgiving if the government shutdown drags on.The warning came...
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Trump is starving America, Democrats argue as government shutdown grinds on with SNAP benefits held hostage | Fortune
The Trump administration’s legal efforts to fight having to fully fund food stamps for millions of vulnerable Americans is creating an opening for Democrats eager to use the longest government shutdown in U.S. history to paint the president as callous and out of...
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This CEO started his career pumping gas and cleaning windshields. He said it taught him the secret to climbing the ladder without stepping on...
The battle for America’s fried chicken loyalty shows no signs of cooling. Yet amid the heat of the so-called “chicken wars,” Bojangles has quietly cooked up a comeback.Since being taken private in 2019 for roughly $590 million, the North...
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Goldman Sachs says we’re not in an AI bubble, and its young multimillionaire clientele are all-in on AI-energy investments and healthcare innovations | Fortune
Last month, more than 100 young wealthy founders, inheritors, and industry leaders flew in from all around the world in the luxe mountain town of Aspen, Colo. At Goldman Sachs’ annual At the Helm event, the bank’s affluent clients...
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Billionaire Peter Thiel warns if you ‘proletarianize the young people,’ don’t be surprised they end up communist | Fortune
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PayPal cofounder and Silicon Valley venture capitalist Peter Thiel doubled down on his worries about generational conflict and the future of capitalism after a similar warning he issued in 2020 proved eerily prescient.After Tuesday night’s election victory of democratic...
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Trump wants his name on the Washington Commanders’ planned $3.7 billion stadium, and he has ‘plenty of cards to play,’ report says | Fortune
President Donald Trump wants the planned stadium for the Washington Commanders, an NFL team based in the nation’s capital, to be named after him.A senior White House source told ESPN there has been back-channel communication between the administration and...
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Trump signals no shutdown compromise on the Affordable Care Act, calling it ‘the worst Healthcare anywhere in the world’ | Fortune
As Saturday’s session got underway, it was uncertain whether Republicans and Democrats could make any headway toward reopening the government and breaking a partisan impasse that has now lasted 39 days.President Donald Trump made clear he is unlikely to...
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Trump keeps touting a Thanksgiving meal basket from Walmart that’s 25% cheaper. But it has half as many items as last year | Fortune
With Thanksgiving less than three weeks away, the question of how much this year’s turkey and trimmings will cost looms large, especially with grocery prices 2.7% higher than they were in 2024.President Donald Trump has claimed over the past two days...