Ares management CEO Michael J. Arougheti sells $15.1M in stock

© Reuters. Michael J. Arougheti, the Co-Founder, CEO and President of Ares Management Corp (NYSE:), has recently sold a significant portion of his stock in the company. According to the latest filings, Arougheti sold shares totaling approximately $15.1 million. The transactions occurred over two days, with a range of prices …

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Trump’s lawyers say he cannot raise bond in $464mn fraud case

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump is unable to secure the bond needed to postpone the enforcement of a $464mn fraud judgment against him and his business empire in a New York civil court, …

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Welsh schools let children change gender without telling parents

Schools are giving the go ahead for youngsters to change gender without advising their parents under Welsh Labour, it was reported last night. The situation has led to mothers and fathers to speak out over the situation when pupils start to question their gender in schools. It has led to …

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US stocks climb even as Treasury yields hit 3-week high

Nvidia has unveiled its latest artificial intelligence chips, which the company claims are far more powerful than its existing market-leading hardware, as it sets its sights on extending its domination of the burgeoning industry. Chief executive Jensen Huang said on Monday that Nvidia’s new Blackwell graphics processing units will massively …

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Chinese and western scientists identify ‘red lines’ on AI risks

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Leading western and Chinese artificial intelligence scientists have issued a stark warning that tackling risks around the powerful technology requires global co-operation similar to the cold war effort to avoid …

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