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Perseverance doesn’t always pay off for companies – sometimes it’s better to ‘fail fast’
Across the business world, companies often double down on struggling ideas, retreating only after clear evidence shows they won’t work.A recent spectacular example was Meta’s metaverse push. After the organization invested US$80 billion over...
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Top central banks gamble they have time on inflation risks
Stay informed with free updatesSimply sign up to the Central banks myFT Digest -- delivered directly to your inbox.The world’s top central banks are expected to hold off raising interest rates this week, as officials gamble they can take...
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Rachel Reeves set for new growth push after May elections
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Chancellor Rachel Reeves is preparing to set out a fresh push for fiscal discipline, closer ties with the EU and planning...
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DOJ uses White House correspondents’ dinner shooting to pressure preservations to drop lawsuit over Trump’s $400 million ballroom | Fortune
President Donald Trump’s Justice Department is using the shooting at the White House Correspondents’ Dinner on Saturday to try to pressure preservationists to drop their lawsuit over his planned $400 million ballroom on the site of the former East Wing of...
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The ‘obscene economics’ of modern warfare show how the race to military supremacy is transforming, while U.S. rearmament relies on China | Fortune
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The Iran conflict has confirmed a transformation in the economics of warfare toward cheap, mass-produced weapons, forcing a wholesale rethinking of military procurement, according to a recent report.While the U.S. and Israel have decimated Iran’s military, the Islamic republic...
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Ex-Nasa teacher identified as alleged shooter at White House dinner
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldA teacher and computer games developer who was previously an intern at Nasa has been identified by US media...
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John Ternus, Apple’s new CEO, inherits a rebounding China business—and some messy headaches | Fortune
John Ternus, Apple’s senior vice president of hardware engineering, takes over as CEO on Sept. 1, ending Tim Cook’s 15-year tenure at the top of the world’s most valuable consumer technology company. Apple’s presence with China is perhaps the defining...
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Senior Republican clears path for Kevin Warsh’s confirmation as Fed chair
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldRepublican Senator Thom Tillis will allow Federal Reserve chair nominee Kevin Warsh to face a vote in the Senate,...
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Iran’s foreign minister returns to Pakistan as Islamabad races to save U.S. ceasefire talks while Tehran seeks Hormuz toll with Oman | Fortune
Iran‘s foreign minister arrived in Islamabad again on Sunday as Pakistan’s political and military leadership scrambled to reignite ceasefire talks between Tehran and Washington.Abbas Araghchi had left Pakistan’s capital late Saturday, creating confusion around an expected second round of...
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King and Queen lay flowers at 9/11 Memorial in New York
King Charles and Queen Camilla on their state visit to the US visit the memorial in New York.
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