- The Trump administration is close to reaching a financial rescue package for embattled Spirit Aviation Holdings Inc., according to people familiar with the matter.
- Firm whose partners bill more than $2,000 per hour apologises to judge for software-driven errors in bankruptcy case
- Consultancy says it has found ‘no evidence’ that confidential client information was compromised
- Chinese group also slashes charging time in race against BYD for electric vehicle battery supremacy
- From rising temperatures to water shortages, ranchers need to be thinking about a plan B
- Quantitative investment strategies for clients are one of JPMorgan’s fastest-growing businesses
- President Donald Trump said he would like to see a buyer emerge for Spirit Aviation Holdings Inc. and was open to the government coming to the aid of the airline, while opposing a merger between American Airlines Group Inc. and United Airlines Holdings Inc.
- The war is currently more likely to escalate than to be resolved by negotiation
- Head of financial services group’s $1.4tn asset management division expects new tech to unleash huge productivity gains
- An international backlash is growing over outdated Tesla hardware.
- Orlando and other Florida cities are either losing domestic migrants or gaining them more slowly, threatening the state’s economic model.
- FT analysis of 16 funds shows extent of fees paid to banks and brokerages
- Patrick Industries Inc. is in talks to combine with rival recreational-vehicle supplier LCI Industries, people familiar with the matter said.
- Cerebras Systems Inc., an artificial intelligence chipmaker and data center operator, filed publicly for an initial public offering months after withdrawing a previous attempt to list.
- Fertilizer prices were dropping sharply Friday after Iran said the Strait of Hormuz was open, bringing relief to farmers even as they still face delays in deliveries.
- For years, Wall Street banks eagerly helped private credit funds amplify their investing firepower with hundreds of billions of dollars in loans, helping them notch ever-higher returns.
- Senior defense officials have talks with GM, Ford and others about shifting some capacity
- Allbirds Inc.’s surprising pivot from wool sneakers to artificial intelligence infrastructure is looking more like a flash in the pan for the stock than a driver of long-term gains.
- Spirit Aviation Holdings Inc. is at risk of being liquidated as rising jet fuel prices spurred by the US war with Iran further squeeze the bankrupt budget carrier’s finances, according to people familiar with the matter.
- The automaker has struggled with EV losses but says an affordable ‘skunkworks’ electric project will continue
- Software investor Thoma Bravo struck a strategic partnership with Alphabet Inc.’s Google Cloud to help the private equity firm’s portfolio companies accelerate their adoption of artificial intelligence.
- Monarch is one of a growing number of green companies struggling to commercialize their technology.
- Fed chair nominee Kevin Warsh will lack ‘credibility’ in arguing rates should fall, says former Treasury secretary
- Flipping the ‘Bird
- Wholesale inflation reached its highest 12-month rate in three years last month, the Labor Department said, a sign of how the oil shock from the war in Iran lifted prices charged by businesses.
- High-quality bagels were once the sole domain of a few major cities. Investors believe they can take the breakfast staple nationwide.
- Wells Fargo & Co. said its exposure to private-credit firms was roughly $36.2 billion in the first quarter, offering details on a category closely watched by investors.
- Monarch is one of a growing number of green companies struggling to commercialize their technology.
- An autonomous AI agent found a SQL injection in McKinsey's Lilli AI platform. What it extracted was worse than we expected.
- Top models including OpenAI and DeepSeek make judgments too quickly when patient data is incomplete
- The hospitals that emerged from the bankruptcies of Steward Health Care System and Prospect Medical Holdings Inc. were supposed to help stabilize one of the world’s largest hospital landlords by restoring a battered tenant base after two years of industry stress.
- The next $1T company will be a software company masquerading as a services firm.
- With its huge mandate Péter Magyar’s Tisza can prepare to change the constitution and restore rule of law
- A look at the 60-ish facilities hit in the war
- Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street leaders to an urgent meeting on concerns that the latest artificial intelligence model from Anthropic PBC will usher in an era of greater cyber risk.
- America, Israel and Iran were striking a widening array of targets across an expanding area
- Sebastian Mallaby’s biography of Demis Hassabis examines whether one person can direct artificial intelligence development amid commercial pressures and technological progress.
- San Francisco-based start-up surges from push into more complex and potentially more lucrative AI services
- Corruption and violence in mineral-rich regions likely to pose barrier to foreign companies
- A $7 billion private credit fund managed by Carlyle Group Inc. capped redemptions after investors asked to pull 15.7% of the shares in the first quarter.
- Investor money has been flowing into a widening range of companies with differing technologies
- Interest comes as Pernod Ricard has been discussing a mostly stock deal with Brown-Forman
- Move comes amid downturn for professional services after hiring spree during pandemic
- A pandemic-era building boom combined with weak demand has led to increased availability in the specialty storage market.
- Elite private capital firms have piled into the secondaries market as they race to attract assets
- From Denver to Washington, D.C., developers are seizing on huge discounts when buying troubled office towers.
- Frito-Lay’s resistance to cutting snack prices led to its first revenue decline in over a decade.
- For policymakers, interpreting labor market conditions increasingly requires looking beyond headline payroll growth and incorporating timely measures of immigration and labor supply.
- Groups agreed acquisitions worth $172bn in three months to March, a 36% fall from previous quarter
- Shares of Dow, LyondellBasell and others have gotten a significant boost as war blocks competitors’ supply route.