Baltimore road bridge collapses after container ship collision

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A rescue operation was under way in the US port of Baltimore early on Tuesday after a container ship hit a road bridge which collapsed into the water. Rescue officials …

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Trump’s social media business up 20 per cent in pre-market trading

The UK’s financial regulator has warned that ‘finfluencers’ who flout advertising rules could face criminal prosecution, as it laid out new guidance on the promotion of financial products. The Financial Conduct Authority said that if social media influencers promoted financial products or services without proper authorisation, they may be committing …

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For the first time in 50 years, Democrats and Republicans are both embracing industrial policy–but that doesn’t mean it will pay off for workers

In his State of the Union address, President Joe Biden touted how his administration’s actions are creating tens of thousands of new jobs and attracting billions of dollars of investments in sectors such as clean energy and advanced manufacturing. The remarks underscored what is shaping up to be a hallmark …

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e.GO faces Nasdaq delisting over share price shortfall

© Reuters. AACHEN, Germany – Next.e.GO N.V. (NASDAQ:EGOX), a German electric vehicle manufacturer, is confronting potential delisting from the Nasdaq Stock Market due to non-compliance with the exchange’s minimum bid price requirements. The company disclosed on Monday that it had received a Staff determination letter from Nasdaq’s Listing Qualifications Department, …

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US faces Liz Truss-style market shock as debt soars, warns watchdog

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US faces a Liz Truss-style market shock if the government ignores the country’s ballooning federal debt, the head of Congress’s independent fiscal watchdog has warned. Phillip Swagel, director of …

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Inside Donald Trump’s new inner circle

When Donald Trump hosted Viktor Orbán at his Mar-a-Lago resort earlier this month, he lavished praise on the Hungarian prime minister as a “fantastic” leader for Europe. The evening entertainment included a “members-only” concert with tribute bands for the Beatles and Rolling Stones. But in the afternoon, the pair retreated …

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