Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Prices of cryptocurrencies swung sharply on Tuesday after a false post on the US Securities and Exchange Commission’s official X account claimed the regulator had approved the first ever US spot bitcoin…

Editor’s Note: Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here. News organizations seldomly see their reporting publicly called into question by their parent companies. But that rare and embarrassing scrutiny is precisely what…

Tech stocks surged on Monday, bouncing back after blue-chips slumped last week to end a nine-week bull run.The tech-heavy Nasdaq Composite rose 2 per cent on Monday afternoon, heading towards its best day since mid-November as chipmaker Nvidia led the Magnificent Seven group of tech stocks with a 5.5 per…

Audacy, the struggling multi-platform audio content company, has begun prepackaged Chapter 11 bankruptcy proceedings in US Bankruptcy Court for the Southern District of Texas, the company announced Sunday. The internet radio conglomerate — among the biggest radio companies in the country — was saddled with substantial debt and faced slowed-down…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Republican and Democratic leaders on Capitol Hill have reached a $1.66tn agreement on the level of US federal spending for 2024, in a move that brings Congress closer to avoiding a costly…

Pat McAfee, the sports-talk sensation who has found life working for the “Worldwide Leader in Sports” can be more complicated than hosting his own YouTube show, has accused his new business partners of purposefully undermining him and his show. On a Friday broadcast of “The Pat McAfee Show,” the former…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US federal regulators have temporarily grounded some Boeing 737 Max planes in American airspace after a section of an Alaska Airlines jet blew out in mid-air.The emergency directive from the US Federal…

Venture capitalist Ramanan Raghavendran is taking the helm of the University of Pennsylvania’s board of trustees following the sudden resignation of Scott Bok last month amid a firestorm of controversy. The school announced on Thursday that Raghavendran, a Penn graduate and managing partner of venture capital firm Amasia, is taking over as chair effective immediately.…

Stay informed with free updatesSimply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox.US natural gas companies Chesapeake Energy and Southwestern Energy are closing in on a merger deal that would create the biggest single producer in the country with a combined market…

Neri Oxman, an academic and wife of billionaire investor Bill Ackman, plagiarized parts of her doctoral dissertation at MIT, according to a report from Business Insider. Ackman has become one of the most prominent critics amplifying a series of accusations, including plagiarism, against Harvard’s leader, who resigned this week. The Business Insider report, which CNN could not independently…