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Iran war has exposed the weakness of the dollar
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a managing director at Frontline Analysts and author of ‘The Unaccountability MachineThere is an old central banker maxim...
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Warner Bros. CEO David Zaslav’s $887 million ‘extraordinary’ golden parachute gets ripped by proxy advisory firm ISS | Fortune
An advisory firm that counsels the largest institutional investors on how to vote at shareholder meetings is recommending investors support Warner Bros. Discovery’s $77.7 billion acquisition by Paramount Skydance but is against a golden-parachute proposal that would see executives...
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Donald Trump’s ceasefire fails to heal Maga split over Iran war
Allies of Donald Trump hoped an Iran ceasefire deal would quiet growing criticism of the war within his Maga movement and among right-leaning online influencers. Instead, the compromise with Tehran has opened fresh fissures in the US president’s factious...
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The Iran war is either concluding with the world worse off, or escalation is just delayed again | Fortune
A fragile ceasefire agreement in the war began with bombs continuing to explode in Lebanon and contradictory statements about whether Iran will continue to control the critical Strait of Hormuz energy chokepoint.But the most likely scenarios moving forward involve...
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The U.S. just had its hottest March in 132 years. Scientists say to buckle up for the rest of the year | Fortune
March’s persistent unseasonable heat was so intense that the continental United States registered its most abnormally hot month in 132 years of records, according to federal weather data. And the next year or so looks to turn the dial up on global warmth...
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Why Americans are buying $22 smoothies despite feeling terrible about the economy
Americans are skipping restaurant dinners, delaying car purchases and scouring for grocery deals. Amid tariff anxiety and broader stress over affordability, consumer confidence has dropped to levels not seen in over a decade, according to...
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‘There are no winners’: US and Iran enter into fragile truce
In the space of a drama-filled day, Donald Trump shifted from warning that Iran’s “whole civilisation will die tonight” to announcing it was an “honour to have this Longterm problem close to a resolution”.Less than two hours before the...
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Bed Bath & Beyond’s Container Store acquisition echoes past retail mergers that failed to deliver | Fortune
When Bed Bath & Beyond announced last week it was buying the Container Store for a pittance, CEO Marcus Lemonis touted the deal as a key component of his plan to create a home-oriented conglomerate that includes retail brands,...
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Trump agrees 2-week ceasefire, says Iran has proposed a ‘workable’ 10-point peace plan | Fortune
U.S. President Donald Trump said late Tuesday he’s pulling back on his threats to launch devastating strikes on Iran, swerving to deescalate the war less than two hours before the deadline he set for Tehran to capitulate or else...
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Supermicro launches probe after co-founder’s arrest on charges of $2.5 billion in chip smuggling | Fortune
Two Supermicro board members are spearheading an internal investigation following a federal indictment alleging one of the company’s cofounders orchestrated the routing of $2.5 billion in servers packed with Nvidia’s highly prized GPUs to China, in violation of export...
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Nasa’s Artemis crew welcomed back to Planet Earth in Houston
The four astronauts who flew in Nasa's Artemis II mission around the Moon have been welcomed back to Planet...