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U.S. Hedge Fund Seeks Board Shake-Up at Toshiba

U.S. Hedge Fund Seeks Board Shake-Up at Toshiba

New York-based hedge fund King Street has proposed new independent directors at Toshiba, the first indication of dissatisfaction among the foreign funds that bought into the Japanese industrial conglomerate last year.

Published 3 months ago

Japan to Spend Billions on U.S. Missile-Defense System

Japan to Spend Billions on U.S. Missile-Defense System

Japan is set to pay $2.1 billion for a new U.S. missile-defense system, one of its largest military acquisitions, as pressure from President Trump accelerates Tokyo’s spending on American military hardware.

Published 3 months ago

Have we learnt the lessons of the financial crisis?

Have we learnt the lessons of the financial crisis?

Gillian Tett looks at why the warning signs were missed and where the next crash may strike

Published 1 second ago

France’s Macron faces fraught return after difficult summer

France’s Macron faces fraught return after difficult summer

Falling ratings, a surprise resignation and bodyguard scandal cast shadow over agenda

Published 1 second ago

Should you buy an electric car?

Should you buy an electric car?

Concerns about range and a lack of charging points have held back sales

Published 1 second ago

Hollywood studios bask in box office revival

Hollywood studios bask in box office revival

Ticket sales set to reach record despite competition from Netflix and Amazon

Published 1 second ago

Why Sweden faces its most important election in decades

Why Sweden faces its most important election in decades

Regularly ranked as one of the best places to live in the world, the country is facing an identity crisis

Published 1 second ago

Risk taking in US commercial property market runs hot

Risk taking in US commercial property market runs hot

Investors accept smaller premium for taking on risk in bonds backed by commercial mortgages

Published 1 second ago

Fresh Stress Grips Weakest Emerging-Market Currencies

Fresh Stress Grips Weakest Emerging-Market Currencies

The Argentine peso hit a record low and the Turkish lira resumed its slide, dramatizing the strains faced by emerging markets most vulnerable to a rising dollar.

Published 3 months ago

The ‘Trump Slump’: With a Friend in the White House, Gun Sales Sag

The ‘Trump Slump’: With a Friend in the White House, Gun Sales Sag

Turbocharged by the threat of bans and restrictions, U.S. weapons sales accelerated during the Obama administration, especially for the AR-15 semiautomatic rifle. An industry that thrived on panic over gun control now aims for a new approach.

Published 3 months ago

Justice Department Says Harvard Hurts Asian Americans’ Admissions Prospects With ‘Personal Rating’

Justice Department Says Harvard Hurts Asian Americans’ Admissions Prospects With ‘Personal Rating’

The Justice Department says Harvard puts Asian-American applicants at a disadvantage through the school’s use of a subjective “personal rating.”

Published 3 months ago

Starbucks’ Frappuccino Gets a Sugar Makeover

Starbucks’ Frappuccino Gets a Sugar Makeover

Starbucks is putting its decadent Frappuccino on a diet, looking to reduce the popular drink’s high sugar levels.

Published 3 months ago

Crispr Used to Repair Gene Mutation in Dogs With Muscular Dystrophy

Crispr Used to Repair Gene Mutation in Dogs With Muscular Dystrophy

Researchers used a gene-editing tool to repair a gene mutation in dogs with Duchenne muscular dystrophy, an important step in efforts to someday use the tool to edit DNA in people with the same fatal disease.

Published 3 months ago