Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Vista Outdoor said it received an all-cash $2bn takeover offer for its ammunition business, which owns the Remington brand, from an unnamed private investment firm in the US, raising the prospect of…

Tesla’s controversial CEO Elon Musk, and his massive wealth, are front and center in a shareholder vote this coming week. Five months ago, a Delaware judge threw out the largest pay package in history, then worth more than $50 billion, that Telsa’s very friendly board had given Musk in 2018.…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Iranian authorities have disqualified prominent moderates as candidates in the snap presidential election scheduled for later this month, narrowing the field to five hardline candidates and one mid-ranking reformist.The Guardian Council, Iran’s…

Lydia Wu had never driven an electric vehicle before she rented a car from Avis last February. All that was available at the location in Kansas City, Kansas, was an electric Genesis GV60. Wu received no specific instructions for how to use the vehicle or how to find chargers, but…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Denmark’s Prime Minister Mette Frederiksen has been assaulted in a central Copenhagen square in the middle of the European election campaign.The centre-left premier was “in shock” after the assault on Friday by…

At a time when Americans and the Federal Reserve are clamoring for clear-cut data about the state of the economy, Friday’s jobs report was much more opaque than everyone had hoped. While “it’s hard not to like a lot of jobs,” as economist Dean Baker told CNN, other contents of the May jobs report add to the pile…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Tesla has claimed in a court filing that a proposed $5.2bn award for lawyers who mounted a successful challenge to Elon Musk’s pay package is grossly excessive and that they deserve only…

Starbucks is teaming up with Grubhub as it tries to boost sales after a challenging quarter. The coffee chain said on Thursday that most of its beverages and food will be available through the delivery provider starting in June. Today, the partnership is live in Pennsylvania, Colorado and Illinois and…

Stay informed with free updatesSimply sign up to the Aerospace & Defence myFT Digest — delivered directly to your inbox.A takeover battle has intensified over the US ammunition group that owns the Remington brand, as investment firm MNC Capital raised its unsolicited offer in an effort to disrupt a $2bn…

General Mills, the manufacturer of Cheerios and other well-known cereals, is being sued by eight Black employees working at a Georgia plant who say it’s rampant with racism under the control of its White managers. In the federal lawsuit filed June 2, the employees accuse the managers at the Covington…