Business
It was Christmas 2020 when Shonda Rhimes’ Bridgerton was released on Netflix. Set in the Regency-era London marriage market, the series was fun, raunchy, compulsively watchable and, literally, pure pleasure (the climax of the final episode was an actual climax). It seemed to provide the escape that a Tiger King…
A Jewish legal rights advocacy group has alleged that the University of Pennsylvania and Wellesley College have violated federal civil rights law by allowing for discrimination against Jews. The Brandeis Center, a Jewish civil rights legal organization, filed civil rights complaints with the US Department of Education on Thursday, alleging…
In recent years, as Hindu nationalists have risen to power in Indian politics, the idea that the country itself is destined to be the vishwaguru, teacher to the world, has gathered currency. Ideologues seek to convince us that the contributions of ancient Hindus in astronomy, yoga, philosophy and mathematics (we…
More than 1,600 alumni of Harvard University say that they will withhold donations to the school until Harvard takes urgent action to address antisemitism on campus, part of a wave of challenges to colleges across the county in addressing hate speech sparked by the Israel-Hamas war. High-profile billionaire alumni like…
Stay informed with free updatesSimply sign up to the US economy myFT Digest — delivered directly to your inbox.Moody’s has lowered its outlook on the US’s credit rating to “negative” from “stable”, pointing to a sharp rise in debt servicing costs and “entrenched political polarisation”.In a Friday update, the rating…
A ransomware attack on a US unit of the powerful Industrial and Commercial Bank of China that may have contributed to a brief market sell-off on Thursday was a significant escalation for cybercriminals that underscored how big hacks can disrupt business for even the best-resourced companies, experts told CNN. The incident…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.New York City mayor Eric Adams said he had “nothing to hide” after his electronic devices were seized in the street by the FBI as part of a corruption investigation into his…
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Business leaders in China are under immense pressure, as the country’s leader Xi Jinping intensifies a regulatory crackdown on companies and strengthens its…
Stay informed with free updatesSimply sign up to the US-China relations myFT Digest — delivered directly to your inbox.Joe Biden will press Xi Jinping on the need to revive communications between the US and Chinese militaries when the two presidents hold a summit ahead of next week’s Asia-Pacific Economic Cooperation…
The United States is one step closer to losing its last perfect credit rating after Moody’s Investors Service changed the outlook of the nation’s debt to negative on Friday after markets closed. While the move does not automatically mean it will downgrade America’s creditworthiness, it increases the chances. The nation’s…