“You’re acting as if I’m old,” my mother said. “Mom, you are old!” My mother’s footsteps slowed beside mine as we walked through the Stanford campus. She looked crestfallen. Before you make assumptions about what a jerk I am, let me tell you that my mother is 85. A healthy 85, thank God, but 85…
A U.S. military-run body near Gaza that critics say failed in its mission to monitor the Israel-Hamas ceasefire and boost aid flows to besieged Palestinians is set to be shut by the Trump administration, sources familiar with the matter told Reuters. The closing of the Civil-Military Coordination Center in Israel would mark the latest blow…
Coatue, one of the biggest names in venture capital and hedge funds, has a new plan to generate bigger returns on AI beyond its sizable stakes in Anthropic, OpenAI, xAI, and data center companies like Singapore’s DayOne and CoreWeave. It has launched a venture called Next Frontier to buy up land near large power sources…
Iran’s supreme leader issued a rare statement on Thursday saying that the United States had no place in the future of the Persian Gulf region and making clear that his country planned to manage the strategic Strait of Hormuz waterway going forward. In the defiant message, Ayatollah Mojtaba Khamenei also vowed that Iran would retain…
The Trump administration is scrambling to conduct environmental impact reviews of warehouses it plans to convert into immigrant holding facilities, after a flurry of lawsuits claiming the administration sidestepped federal requirements. The Immigration and Customs Enforcement agency is buying the warehouses to help it increase the rate of deportations, which depends on having enough space…
Speaker of the House Mike Johnson, R-La., takes questions at a news conference at the Capitol on Tuesday. J. Scott Applewhite/AP hide caption toggle caption J. Scott Applewhite/AP Speaker Mike Johnson, R.-La., is forging ahead with his latest proposal to renew a key American spy power. His bill, revealed Thursday, is largely unchanged from a…
Nike is cutting about 1,400 jobs in its operations division, mostly from its technology department, the company said Thursday. In a note to employees, Venkatesh Alagirisamy, the chief operating officer of Nike, said that management was nearly done reorganizing the business for its turnaround plan, and that the goal was to operate with “more speed,…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ken Griffin has hit back at Zohran Mamdani after the New York mayor last week used the hedge fund billionaire’s $238mn penthouse to push for a tax on luxurious second homes. Citadel, the firm founded…
Fifa has no plans to replace Iran with Italy at this summer’s World Cup according to sources, after the switch was proposed by US president Donald Trump’s special envoy. There has been ongoing uncertainty over Iran’s participation in the tournament because of the war with US and Israel. US special envoy Paolo Zampolli told the…
Tesla CEO Elon Musk kicked off the company’s first-quarter earnings call with a monetary heads-up — or depending on the mindset of the investor, a warning. Tesla’s capital expenditures will skyrocket to $25 billion in 2026, far outpacing its previous annual spend as it races to stay ahead of the competition and transitions to an…
