Business

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Tesla investors are advised to vote against Musk’s $56 billion salary and move to Texas

Tesla investors are advised to vote against Musk’s $56 billion salary and move to Texas

Unlock Editor’s Digest for free Roula Khalaf, FT Editor, picks her favorite stories in this weekly newsletter. Proxy advisor Glass…
AI to replace 50% of jobs by 2027 is ‘unbelievably accurate’: Kai-Fu Lee

AI to replace 50% of jobs by 2027 is ‘unbelievably accurate’: Kai-Fu Lee

Years before OpenAI’s ChatGPT showed the world what artificial general intelligence technology could do, venture capitalist Kai-Fu Lee saw the…
Inside the deep feud between the Rockefeller family and Exxon

Inside the deep feud between the Rockefeller family and Exxon

They have suffered setbacks in their efforts to hold the energy giant accountable for climate change, but the family that…
Yellen sees no ‘showrunner’ on G7 Ukraine loan backed by income from Russian assets

Yellen sees no ‘showrunner’ on G7 Ukraine loan backed by income from Russian assets

US Treasury Secretary Janet Yellen attends an interview with Reuters Editor-in-Chief Alessandra Galloni in Washington, US, April 25, 2024. Evelyn…
Brexit campaigner Michael Gove decided to leave which meant leaving

Brexit campaigner Michael Gove decided to leave which meant leaving

Unlock Editor’s Digest for free Roula Khalaf, FT Editor, picks her favorite stories in this weekly newsletter. Michael Gove, one…
The CEO of the $14 billion electronics company could not talk about resigning after an internal investigation

The CEO of the $14 billion electronics company could not talk about resigning after an internal investigation

After a four-week internal investigation at the $14 billion electronics manufacturer Jabil Inc. CEO Kenneth “Kenny” Wilson has abruptly resigned…
Eli Lilly spends $5.3 billion to earn more Mounjaro, Zepbound

Eli Lilly spends $5.3 billion to earn more Mounjaro, Zepbound

The expenditure to expand the Indiana manufacturing site, combined with a previous $3.7 billion commitment, is the largest manufacturing investment…
Japanese stocks are rising but these investors are selling

Japanese stocks are rising but these investors are selling

Japanese stocks are enjoying an exciting year as foreign investors flock to the market. Domestic investors are not as enthusiastic.…
Stephen Bird resigns as chief executive of Abrdn

Stephen Bird resigns as chief executive of Abrdn

Unlock Editor’s Digest for free Roula Khalaf, FT Editor, picks her favorite stories in this weekly newsletter. Stephen Bird is…