Wednesday, February 5

Wednesday, February 5

US president Donald Trump claimed “incredible results in boosting the US economy in a State of the Union address to Congress and Pete Buttigieg took a narrow lead in the Iowa Democratic presidential caucuses based on partial results.


Plus, sources tell the FT that New York Stock Exchange owner Intercontinental Exchange had held takeover talks with eBay, a top US executive at SoftBank’s $100bn Vision Fund is leaving after expressing concerns about “issues” at the technology conglomerate and Ford shares fell almost 10 per cent on Tuesday as it delivered a disappointing 2020 outlook.

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Introducing 'The Kink Machine: The Hidden Business of Pleasure'

Introducing 'The Kink Machine: The Hidden Business of Pleasure'

It’s the most watched business in the world. And the least understood. Streamed by millions every day, porn is everywhere. It shapes our culture, our relationships and even technology. Yet, nobody see...

14 Feb 31min

Private equity’s workaround to buy law firms

Private equity’s workaround to buy law firms

The Trump administration plans to roll back some tariffs, Schroders agrees to a US takeover, and Americans paid 90 per cent of the cost of US President Trump’s tariffs last year. Plus, Goldman Sachs’ ...

13 Feb 12min

A wacky US jobs report

A wacky US jobs report

The US economy added 130,000 jobs in January, beating market expectations, and documents appear to contradict testimony Jes Staley gave about his involvement with Jeffrey Epstein. Plus, Bangladesh is ...

12 Feb 11min

Should BP get more credit for its turnaround effort?

Should BP get more credit for its turnaround effort?

US commerce secretary Howard Lutnick said he visited Jeffrey Epstein’s island with his family in late 2012, Cuba is struggling under the US fuel embargo, and Ukrainian President Volodymyr Zelenskyy is...

11 Feb 10min

Novo Nordisk hits back at copycat drugs

Novo Nordisk hits back at copycat drugs

Gilts rebounded from earlier losses on Monday afternoon, and Novo Nordisk is suing US telehealth company Hims & Hers over ‘knock-off’ versions of its weight-loss drugs. Plus, France’s central bank chi...

10 Feb 11min

Pressure mounts on Starmer even as top aide resigns

Pressure mounts on Starmer even as top aide resigns

UK Prime Minister Sir Keir Starmer’s chief of staff resigned amid controversy over the Mandelson scandal, and Japan’s conservative governing party have won a landslide victory in snap elections. Plus,...

9 Feb 12min

A crunchy week for chipmakers

A crunchy week for chipmakers

Amazon’s new AI spending blitz sent shares tumbling, chipmakers got swept up in a wider tech equities sell-off, Sir Keir Starmer has apologised to the victims of Jeffrey Epstein for appointing Peter M...

6 Feb 12min

Jeffrey Epstein’s web of influence

Jeffrey Epstein’s web of influence

Google said it plans to spend at least $55bn more on capital expenditure this year than Wall Street had forecast, US tech stocks were hit by a fresh wave of selling on Wednesday, and the FT’s Chris Co...

5 Feb 12min

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