Business

GSK proposes raising chief’s pay to as much as £21.6mn a year
UK drugmaker says Emma Walmsley is underpaid compared with global competitors

Woman arrested in vandalism attacks on Colorado Tesla dealership that included Molotov cocktails, ‘Nazi cars’ graffiti and an anti-Musk message
Lucy Grace Nelson was arrested Monday in Loveland after police said she returned to the dealership there with “additional incendiary ...

As Trump deadline to eliminate DEI in education nears, many schools are ignoring it
Schools and colleges across the U.S. face a Friday deadline to end diversity programs or risk having their federal money pulled by ...

BP’s chief aims to more than double market value to $200bn
Murray Auchincloss predicts ‘tremendous’ demand for oil and gas beyond 2050

WPP stock slumps 15% as ad spending takes a back seat, pushing 2024 revenues down
WPP’s CEO Mark Read noted that the revenue slip was partly due to “weaker client discretionary spend.” Read More

Trump switches his top target from China to the EU—he says after years of being ‘screwed’ by Europe, it will face 25% tariffs
President Trump was positive on relations with China, while he told his cabinet the EU had been formed to “screw” ...

UK banks risk an outbreak of boardroom exuberance
Three cheers for a steady 2024 but this is no time for complacency

Westlake looks to housing market for rebound
As the U.S. housing market continues to defy economic uncertainty, Westlake Corporation is benefiting from strong demand for building materials, ...

Crypto and fintech are enjoying a Trump bump, but how long will it last?
From memecoins to IPOs: Reflections from a dinner with top fintech and crypto firms. Read More

Rolls-Royce turnaround ‘so impressive’, hitting its 2027 goals two years early amid soaring shares and rising profits
Rolls-Royce supplies engines to the world’s biggest aircraft manufacturers Airbus and Boeing, which are also enjoying a rebound in orders ...

Inside Nelson Peltz’s civil war at Unilever
Also: BP falls back in love with oil, an attempted coup at City Developments Limited. Read More

Amazon announces its first quantum computing chip, Ocelot, to tackle one of the biggest barriers in the field
Amazon Web Services has unveiled Ocelot, its first quantum computing chip, which aims to tackle one of the biggest barriers ...

MacArthur Foundation will increase giving for 2 years in response to ‘crisis’ caused by Trump freeze on foreign aid
The Chicago-based MacArthur Foundation is best known for its “genius” fellowship, which recognizes extraordinary people who work across disciplines and awards ...

The Ukraine-U.S. mineral deal relies on 50-year-old Soviet-era maps and infrastructure that no longer exists, report says
Reports indicate that a mineral mining agreement between the U.S. and Ukraine could be signed this week. Read More

What’s next for Trump budget after House GOP approves tax breaks and spending cuts blueprint: ‘Nothing about this is going to be easy’
Deciding what to cut — health care, food stamps, green energy, government regulations or student aid — is a politically agonizing ...

UK to approve second runway at Gatwick airport if plans are tweaked
Decision comes as ministers bet on expansion of London’s airports to boost economic growth

Beijing accuses Taiwan of giving away chip companies like TSMC as ‘souvenirs’
Beijing’s Taiwan Affairs Office alleged, without evidence, that Taiwanese were worried that TSMC could turn into the “United States Semiconductors ...

Trump administration gives NYC until March 21 to drop congestion pricing but city says it’s not going back
“We tried gridlock for 50 years, and it was bad for our economy, it was bad for our health and ...

Far-left claim responsibility for arson attack linked to new Tesla plant in Berlin
“Investigators believe it was arson, and a political motive is being examined.” Read More

The woman behind Elon Musk’s sidequest at DOGE got her start in nursing before becoming a government insider who served Trump in his first administration
Amy Gleason formerly worked for the U.S. Digital Service, which is now the U.S. DOGE Service. Read More

American Airlines plane calls off landing in D.C. to avoid jet taking off in latest airport incident
In the past month, there have been four major aviation disasters in North America. Read More

French insurance giant Axa posts record profits—vows to return billions to shareholders
Net profit climbed 10 percent to 7.9 billion euros, on revenue growth of seven percent, to 110 billion euros—a record ...

To avoid embarrassing yourself by oversharing with coworkers, stick to FORD conversations, experts suggest
In the wake of RTO, workers might be feeling a little socially rusty. After nearly 5 years sans small talk ...

A straight white woman from Ohio is the focal point of a discrimination lawsuit that could reshape the legal landscape
The Supreme Court may alter Title VII of the 1964 Civil Rights Act after a white woman challenged her ability ...

Carmakers lead European stocks lower after Trump’s tariff warning
US president has threatened 25% duties on EU imports

Andrew Tate leaves Romania for Florida after travel restrictions lifted
Right-wing influencer and his brother were being held on multiple charges including sexual exploitation

One in five eligible taxpayers miss out on the opportunity to take the EITC tax credit
The Earned Income Tax Credit was designed to help low- to moderate-income working individuals and families, but many don’t even ...

Need help managing your money? Here’s how to understand the difference between financial advisors and wealth managers
Wealth managers and financial advisors play similar roles, but the former tends to specialize in advising high-net-worth individuals. Read More

Barcelona legend Gerard Piqué thinks he’s created the perfect sport for Gen Z’s falling attention span
The Kings League, which Piqué calls “football with a video game,” is building a massive youth-based audience. Read More

State Street loses £28bn of assets to Amundi and Invesco over ESG goals
US asset manager previously managed all of The People’s Pension’s £33bn in assets