SEC is investigating co-chief investment officer of firm’s Western Asset unit
ChatGPT maker says legislation would harm innovation and stifle start-ups in the state
Expected punishment for work on failed property developer’s accounts would be toughest by Beijing against a Big Four firm
LVMH-owned brand latest to signal weakness following L’Oréal and Estée Lauder
Carmaker says vehicle would not be profitable within a year of its launch in crowded market
Fast-food chain and its franchisees to invest £1bn in expanding on high street
Industry groups and companies call on Ottawa to help avert potentially disruptive stoppage
Technology has reached levels of sophistication and power unimaginable just a decade ago
Companies should pay the price for their aggression
Regulators must show pragmatism as well as toughness but playing legal mediator, rather than policeman, looks odd
Policy uncertainty and Labour’s levy plans threaten fall in production and jobs in ageing oil basin, executives warn
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
Divers resume search operation for last remaining missing passenger
German lender expects €430mn boost to profits after deal in one of its longest-running legal disputes
Plus gold miners and job report revisions
Also in today’s newsletter, Tim Walz at the Democratic National Convention and Big Read on Big Agriculture
Companies need vast tracts of land and resources that industrial sites can provide
An ageing, shrinking population will add to pressure on wages and pensions — but there are opportunities
Refurbishments after wildfires, insurance claims and autumn bookings now part of life for tourist industry
Uptick in dealmaking triggers renewed competition for junior talent
Plus, Walmart shifts its strategy on China and the FTC’s non-compete ban suffers major blow in court
Sky’s deal with CityFibre complements, rather than replaces, its existing arrangement with Openreach network
Private jets, Lambos and selling trading courses for £150 a month — something doesn’t add up in the world of the ‘hustle bros’
Behind the public image of farming lies a vast industry adept at securing subsidies and exemptions from environmental measures
Lawyers, bankers and PE fund supremos say the stage is set for a wave of smaller-scale, exploratory unsolicited takeovers
In the third of a new series, we ask: what are the benefits of loyalty?
Efforts to tackle illegal immigration were major drivers, as Labour government vows to axe costs
Peel Ports says delivery of projects is taking ‘inordinate’ amount of time
Rafael Grossi says Russian power station is within artillery range of Ukrainian positions
Yemen’s Iran-backed Houthi rebels yet to take responsibility for strike on Greek-owned vessel
Disaster off Sicily on Mike Lynch’s family yacht raises concerns over marine safety in era of extreme weather events
A sector once marked by bankruptcies and ESG worries is now huge cash generator for shareholders
Gambling group latest FTSE 100 company to have investor claim filed against it after drop in share price
Asset manager supported just 20 of 493 environmental and social proposals put forward by shareholders at annual meetings
