Financial Times

Social media platform X, formerly known as Twitter, is planning to roll out features that allow users to trade and invest directly from the app, according to CEO Linda Yaccarino. What Happened: On Thursday, in an interview with the Financial Times, Yaccarino unveiled the company’s roadmap,...

Shares of Ford Motor Co (NYSE:F), General Motors Co (NYSE:GM) and Stellantis N.V. (NYSE:STLA) spiked in Wednesday’s after-hours session before pulling back. Here’s a look at what’s going on. What Happened: According to a Financial Times report, President Donald Trump is expected...

Western Alliance Bancorp (NYSE: WAL) shares are extremely volatile Thursday. The stock plunged following reports that the bank was exploring a potential sale, but shares are bouncing back after the company denied the reports.  What Happened: Western Alliance shares were halted several times in...

Stefani Germanotta, better known as Lady Gaga, has amassed a net worth of $150 million, per Forbes, but her journey to riches was a far cry from a straight shot. A little more than a decade ago, the 13-time Grammy winner racked up millions in debt and filed for bankruptcy....

Former President Bill Clinton stated Tuesday that the results of a clinical trial on the efficiency and safety of CBD as a treatment for post-operative pain are “very encouraging.” Clinton is following the research via the Clinton Foundation. "The...

A group of six U.S. senators are pushing the Biden administration to finally use its power and remove cannabis from the list of Schedule 1 substances under federal law. Sen. Elizabeth Warren (D-MA), Bernie Sanders (I-VT), Cory Booker (D-NJ), Ron Wyden (D-ORE...

As opioid overdoses and deaths continue to rise to alarming rates, institutions charged with stemming the crisis are beginning to consider alternative solutions. The Biden administration will prioritize “harm reduction” as a response to drug abuse while examining...

A former Tesla Inc (NASDAQ: TSLA) executive and co-founder is reuniting with CEO Elon Musk for a keynote speech at a car event this week. Here are the details and how you can see the duo back together. What Happened: The Financial Times Future of the Car event kicked off on Monday, May 9 with...

Silicon Valley-based venture capital firm Andreessen Horowitz, or a16z, plans to raise $4.5 billion for a new series of cryptocurrency funds. What Happened: The firm intends to raise $3.5 billion for its latest crypto venture fund and $1 billion for another fund focused on seed investments in...

Tesla Inc (NASDAQ: TSLA) and SpaceX CEO Elon Musk has been named the Person of the Year by The Financial Times, two days after Time magazine bestowed on him the same title. What Happened: FT editor Roula Khalaf said Musk has revolutionized an industry that was skeptical about Tesla’s electric...

Moderna Inc's (NASDAQ: MRNA) CEO Stéphane Bancel said COVID-19 vaccines are unlikely to be as effective against the Omicron variant of the coronavirus, sparking fresh worry in financial markets about the trajectory of the pandemic. "There is no world, I think, where (the...

Coinbase Global Inc (NASDAQ: COIN) co-founder Fred Ehrsam and former Sequoia Capital partner Matt Huang raised $2.5 billion in November for Paradigm One, their first venture capital fund, Financial Times reports.  Investors maneuvered to commit money to the fund, allowing them to...

Joe Lubin is the co-founder of Ethereum (CRYPTO: ETH) and the CEO of ConsenSys. In a Financial Times interview, Lubin said that cryptocurrencies, decentralized finance (DeFi), and non-fungible tokens (NFTs) are now entering the pop culture. Furthermore, he says the convergence between the...

Amazon.com Inc's (NASDAQ: AMZN) now requires 164 flights a day for stock transfer across the U.S., the Financial Times reports. Amazon flight activity has increased 17% over the past six months for its packages. Alibaba Group Holding Ltd (NYSE: BABA) recently fired up the e-commerce war with...

Telefonaktiebolaget LM Ericsson's (NASDAQ: ERIC) sales dived in China following its warning against retaliation due to Sweden's ban of its Chinese rival, Huawei Technologies Co, from building 5G networks, the Financial Times reports.  Ericsson's Q2 revenue from...