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News
Elon Musk’s secretive backer builds $40bn SpaceX stake
18+ hour, 28+ min ago (36+ words) Musk's secretive backer builds major SPACEX stake... (First column, 1st story, link) Elon Musk’s secretive backer builds $40bn SpaceX stake Follow the topics in this article Commenting is only available to readers with an FT subscription...
Watchdog Finds Infant Formula Maker Overstated Claims That Echo MAHA Concerns
5+ day, 19+ hour ago (643+ words) An infant formula company whose products appeal to consumers seeking more “natural” alternatives to conventional formulas has been told to withdraw or modify claims suggesting its whole-milk formula is closer to breast milk and nutritionally superior to competing products. The…...
'Handcuffs await': Team Trump freezes green-card pipeline at major tech firms in biggest America First crackdown...
5+ day, 21+ hour ago (249+ words) PERM Heads will roll....
Trump's Drug Deals Are Working. Here's What Could Make Them Work Even Better.
1+ week, 2+ day ago (739+ words) President Donald Trump promised lower healthcare costs, and he's bringing lower healthcare costs. This week, Trump announced more voluntary deals with drug manufacturers under which they agreed to cut their U.S. prices to the rates they charge in other countries. This…...
AI Can Find the Vulnerabilities. Now Somebody Has to Fix Them.
2+ week, 1+ day ago (496+ words) Cybersecurity has developed an interesting new problem. We are getting better at finding holes in software, but that does not necessarily mean we are getting better at closing them. There are already private-sector projects trying to deal with this. Akrites,…...
Gap shares jump 9% after company names new Old Navy CEO to revive struggling brand
2+ week, 3+ day ago (823+ words) Gap on Thursday announced a new CEO for its Old Navy banner, effective Nov. 2, as the retailer tries to reinvigorate sluggish sales performance at the brand. Michael Francis, who was appointed the chief customer officer at Old Navy in May,…...
Labubu maker Pop Mart shares fall as key ex-China sales data drop, Citi cuts price target
3+ week, 3+ day ago (175+ words) Shares of Pop Mart fell over 4% in Hong Kong on Friday after the Labubu maker reported first-half results that showed declining sales in Asia-Pacific and the Americas. For the period ended in June 30, the toy maker reported a 23.8% year-over-year rise…...
What rising Treasury yields are telling us
4+ week, 20+ min ago (214+ words) Yields on U.S. government bonds — known as Treasurys — continue to climb, thanks to groaning federal deficits, bonkers corporate borrowing and uncertainty about monetary policy under Federal Reserve chairman Kevin Warsh. Why it matters: Virtually all borrowing costs — for mortgages, business loans,…...