The CPG blues
Bad luck and bad decisions in consumer products
Transcript: The US-China decoupling fantasy, with Jessica Chen Weiss
Soumaya Keynes speaks to Jessica Chen Weiss, director of the Institute for America, China, and the Future of Global Affairs at Johns Hopkins School of Advanced International Studies
Transcript: Big energy getting bigger
Robert Armstrong talks to James Fontanella-Khan and Oliver Barnes
FTAV’s further reading
Meta (yet again); finfluencers; compute taxes; forex reserves; Liverpool; weather; books; and Gianni Infantino
Ireland’s Phil Hogan eyes European return with bid for top UN food job
Also in this newsletter: Denmark eyes closer EU bonds
FirstFT: SpaceX lines up retail investors for record IPO allocation
Also in today’s newsletter: Mythos at NSA and PwC partner payouts
Management Insights: Lessons From Business Schools
A new Financial Times series highlighting the best of business school research. In the first edition, we look at the rapid wave of change facing organisations of all sizes
Wall Street’s red carpet for SpaceX
Banks and stock exchanges have bent over backwards for the historic IPO of Elon Musk’s rocket company
Burnham looks at how to boost infrastructure spending within fiscal rules
Greater Manchester mayor discusses proposal from economist Jim O’Neill to create independent body to assess new projects
Is Trump’s aura of invincibility fading?
Setbacks to the US president’s landmark policies hint at limits being placed on his agenda
Inside the CBS mutiny against Bari Weiss and David Ellison
A saga that started with Donald Trump’s assault on ‘60 Minutes’ has turned into a full-blown crisis
Heineken investors push struggling brewer to hire outsider as chief
Family behind Dutch group under pressure to ditch custom of promoting from within as CEO search drags on
How much value is AI really creating?
Eye-opening changes to the speed and volume of work are not always translating into genuine productivity
How chess-loving Victor Wembanyama became basketball’s most unusual superstar
French NBA sensation’s emotional and often nerdy personality shapes his reputation almost as much as his on-court exploits
Rolls-Royce under fire for outsourcing parts of UK nuclear project to South Korea
Multibillion-pound contract to build three small modular reactors was signed with government body in April
Trump lawyers refuse to reveal financial information to BBC in $10bn lawsuit
Broadcaster has sought documents under subpoena in effort to identify impact of ‘Panorama’ documentary on US president
Is the K-shaped economy real? Cut-price UK retailers should hope not
Selling goods for rock-bottom prices can be surprisingly profitable and may entice middle-tier chains to muscle in on discount stores
Governments need to learn how to talk about debt
They must find a way to tell taxpayers how their money is spent
Backlash over plan to drop US quarterly reporting demands is building
Enraged investors have sent flood of letters to SEC to express their opposition
PwC cuts partner payouts in China Evergrande fallout
Proceeds from a 2022 disposal will no longer be distributed as firm deals with fines and looming lawsuit
How Britain could afford to pay for war
Keynes’s 1940 financing plan contains lessons for the current government
Musk’s SpaceX lines up retail investors for record IPO allocation
Up to a quarter of the rocket builder’s $75bn float will be set aside for individual investors
Tehran property prices pick up as gold loses shine
Long-stagnant housing market has seen an unexpected revival as Iranians seek refuge from rampant inflation
Podcast: change management in an era of AI disruption
Listen to a conversation between FT journalists and business school specialists about how business leaders should respond to new technology