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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...
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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...
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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...
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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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Spain hit by countrywide power outage
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Spain was hit by a huge power cut on Monday that affected most of the country, halting trains, disrupting flights and...
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‘Sinners’ becomes ‘absolute phenomenon’ at the box office with $45M second weekend haul
Horror movies are often one-week wonders at the box office, but Ryan Coogler’s“Sinners” is defying the odds and proving to be true event cinema.In its second weekend in theaters, “Sinners” earned $45 million in ticket sales from theaters in the U.S....
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Why Trump can’t dislodge Apple from China
Shifting production to the US would therefore require years if not decades of coordinated investment in automation, tools, infrastructure and training. Incentivising foreign component manufacturers to build facilities in the US would also be a challenge.“If you’re a Chinese...
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Don’t expect SEC enforcement to just disappear under new chairman Paul Atkins, warn 3 former general counsels
SEC Chairman Paul Atkins was sworn in last week and will preside over a newly constituted SEC after a flood of departures due to DOGE. The rule-making agenda is likely to see significant shifts, experts said, but Atkins is...
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UK risks ‘lost generation’ of young workers, business warns
Stay informed with free updatesSimply sign up to the UK employment myFT Digest -- delivered directly to your inbox.The UK risks creating a “lost generation” unless ministers take immediate action to stop young people drifting away from the workplace,...
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‘I’m not looking’ — Americans close to retirement are afraid to check their account balances
Michael Montgomery used to check the balance on his retirement account once a week and smile. But lately, not wanting to get upset and question if he could retire in a few years, there was only one solution.“I’m not...
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Mike Waltz offered other roles before accepting U.N. ambassador post, sources say
The White House on Thursday gave Mike Waltz a choice in his next job, as...