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Trump’s first 100 days in office have cost Elon Musk $113 billion of his net worth

Elon Musk’s net worth has plummeted 25%—or about $113 billion—since President Donald Trump’s inauguration. Tesla’s stock, where Musk derives about 60% of his wealth, has nosedived as sales for the EV plunge, in part a result of negative sentiment...

No whistleblower is an island – why networks of allies are key to exposing corruption

Whistleblowers – people who expose wrongdoing within their organizations – play a crucial role in holding governments and corporations accountable. But speaking up can come at a cost. People who report misconduct often face retaliation,...

Kevin Warsh delivers Fed a blast of cold heir

This article is an on-site version of our Chris Giles on Central Banks newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersKevin...

A John Lewis makeover: How I reinvented my personal style

The last five years have been a challenging time for John Lewis. Under the chairmanship of Dame Sharon White, the Partnership had to navigate the challenges of Brexit, Covid, and a cost-of-living crisis. During White’s tenure as chairman, she...

Mark Carney’s Liberals win pivotal Canadian election

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Mark Carney has won Canada’s election after a campaign dominated by the country’s relationship with the US under Donald Trump.Carney’s Liberal...

Microsoft says Asia’s climb up the value chain—from ‘made in’ to ‘created in’—will make it a hub for AI adoption

Asia-Pacific businesses are frantically trying to explore how to best use AI to improve productivity, according to new survey data from Microsoft, which the company's new Asia president credits to the region's rapid climb up the value chain.“We’ve been...

Peter Harf to retire from JAB after overseeing $50bn-plus deal spree

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Peter Harf, chair and managing partner of Europe’s JAB Holdings, is retiring after more than 40 years, as the investment group...

Why AI needs the equivalent of the ‘black box’ in aviation—and America should lead the way

The rapid global evolution of AI—from OpenAI’s release of GPT-4.5 to China’s development of models like DeepSeek, Baichuan, and others (China's "AI Tigers”)—highlights a critical challenge for U.S. AI policy. With China’s AI industry valued at $70 billion by...

Bureaucrats get a bad rap, but they deserve more credit − a sociologist of work explains why

It’s telling that U.S. President Donald Trump’s administration wants to fire bureaucrats. In its view, bureaucrats stand for everything that’s wrong with the United States: overregulation, inefficiency and even the nation’s deficit, since they draw...

Trump administration’s attempt to nix the labor rights of thousands of federal workers on ‘national security’ grounds furthers the GOP’s long-held anti-union agenda

As the Trump administration seeks to shrink the federal workforce, slash nonmilitary spending and curb opposition to its policies, it is taking steps beyond the firing and furloughing of thousands of government workers.The government is...
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Israel says it struck near Syria palace over violence in Druze areas

Israel says its fighter jets bombed an area next to the presidential palace in Syria's capital, Damascus, as Prime...
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