Business

Scientists warn Trump’s $4bn funding cuts will harm US medical research
Academics say the move imperils scientific progress and helps America’s rivals

Activist hedge fund Elliott builds stake in struggling BP
US investor could force UK oil company to refocus on core fossil fuels business after foray into green energy

Trump has not decided whether to back UK’s Chagos Islands deal
Sir Keir Starmer sought US president’s blessing for lease that will affect joint military base on Diego Garcia

The Philadelphia Eagles’ billionaire owner invested $185 million 30 years ago. Now the team is worth 35 times what he paid for it.
The Philadelphia Eagles played in aging Veteran Stadium and practiced in shabby facilities, Jeffery Lurie took charge in 1994 and ...

Elon Musk says he doesn’t want to buy TikTok’s US business
“I have not put in a bid for TikTok,” Musk said. “I don’t have any plans for what would I ...

Starmer sacks health minister over offensive WhatsApp messages
Andrew Gwynne was accused of making racist, antisemitic and sexist comments

Sony PlayStation Network outage enrages gamers around the world
“PSN down on a Friday night is criminal,” a London-based user named Ramos wrote on X. Read More

Palantir may be the stock pick for the DOGE era as it leads the AI revolution while Musk plows through government agencies
“We see PLTR enabling and leading this revolution in both Commercial and Defense markets.” Read More

Europe’s emboldened far right lauds Trump at Madrid rally
Marine Le Pen, Viktor Orbán and Geert Wilders endorse call for EU to copy US President’s policies

Federal judge blocks Elon Musk’s access to US Treasury data
Order made in response to legal challenge by 19 Democratic state attorneys-general

Gap ramps up return-to-office policy with five-day goal by fall
“Creativity thrives on in-person collaboration,” the company said, and the move is “an effort to foster an even stronger community ...

Transportation secretary’s memo to tie funding to marriage and birth rates is called ‘bizarre and a little creepy’
With hundreds of billions in transportation money unspent from the 2021 infrastructure law, such changes could be a boon for ...

Judge has concerns about Musk’s DOGE but won’t immediately block its access to Labor Department records
U.S. District Judge John Bates said the labor unions who sued to prevent access haven’t yet shown a legal injury. ...

Meet the 56-year-old veterinarian who walked away from a 6-figure salary in the prime of her career because corporate ownership drove her to the nonprofit world
Alicia Bye used to co-own two clinics in Texas, but she got out of the game at age 44. The ...

Federal judge blocks Elon Musk’s DOGE from accessing sensitive US Treasury Department records
The suit alleges that DOGE’s access to the Treasury records could interfere with funding already appropriated by Congress. Read More

Experts warn MicroStrategy’s high-flying valuation has ‘no rational explanation’—and investors face a double whammy of risk
The company, which rebranded from MicroStrategy to “Strategy” this week, is worth just under double the value of its Bitcoin ...

Elf Beauty’s CEO blames the company’s lowered fiscal outlook on people being too distracted by the TikTok ban and wildfires
Social conversions were down 20% in January, CEO Tarang Amin said. Read More

Scottish cat flap pits SNP against pet power
Strenuous denials of a clampdown on felines are only feeding suspicions in an animal-loving nation

Now more than ever, AI needs a governance framework
It is possible to develop a model with the best intentions, and for that model to be misused later on

American troops describe their fear, anxiety, and whiplash following Trump’s transgender military ban
“With the yo-yoing of the policy,” says one transgender naval officer, “it can make it hard for people to know ...

For the U.S. to reclaim tech supremacy, it must embrace decentralization and open source AI
Stopping the recent regulatory assault against tech founders is a good start—but more is needed. Read More

Hamas releases three Israeli men in latest hostage swap
Israel to free about 180 Palestinian prisoners later on Saturday as ceasefire stretches into third week

UBS chief economist says Democrats in particular are panic-buying right now because they are ‘fearful’ about Trump’s tariffs spiking prices
Consumers are getting ahead of price spikes and buying now as tariff concerns raise inflations expectations. Read More

Trump revokes security clearance for Biden
President delivers payback for having his own privileges pulled by predecessor over January 6 riots

Trump pauses ‘de minimis’ tariffs in US-China trade reprieve
Repeal of ‘de minimis’ exemption had sparked turmoil at US customs and postal service as shipments piled up

EQT-backed vet group IVC Evidensia considers London listing
Company looking at potential flotation as soon as next year in what would be a boost for LSE

Tech vs finance: the social wars
No longer the most powerful profession, finance still provides better company

The real threat to American prosperity
Nobel-winning economist Daron Acemoglu on trade wars, tech industry hubris — and how loss of faith in US institutions could spiral

Trump says he’s revoking Biden’s security clearance and ending intelligence briefings in payback move
The move is the latest in a vengeance tour of Washington that Trump promised during his campaign. Read More

The number one diet change to lower your cancer risk, according to experts
Across the board, medical experts want people to prioritize their fiber intake. Read More