BlackRock awards Larry Fink carried interest incentive for first time
Move to sweeten pay package comes as banks and asset managers have started to emulate private equity practices
Read more at Financial Times
-
Michelin awards star to vegan restaurant for first time ever
Plates London on Old Street is among 22 restaurants to be awarded first Michelin stars.BBC News - Feb. 11 -
Australia cuts interest rates for first time since 2020 as election looms
RBA points to ebbing inflation pressures but remains ‘cautious’ on further easingFinancial Times - 21h -
Australian central bank cuts benchmark interest rate for the first time since October 2020
Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation coolsABC News - 21h -
Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.The New York Times - Feb. 7 -
Trump wants to end a popular Wall Street tax break. What to know about the 'carried interest loophole'
President Donald Trump wants to end the carried interest loophole. Here's how the tax break benefits Wall Street investment managers.CNBC - Feb. 7 -
Trump Moves to Close Carried Interest Tax Loophole, Which Could Hurt Startups
The last three U.S. presidents have all called for an end to the tax break.Inc. - Feb. 10 -
The New York Times Wins 3 Polk Awards
The Times was honored for an investigation into extremism in Israel, coverage of the civil war in Sudan and a narrative about a Russian soldier who defected from the war in Ukraine.The New York Times - 1d -
Hummingbirds Living in a Hive Found for the First Time
In a remote mountain cave in Ecuador, hummingbirds were discovered sleeping and nesting together.The New York Times - 1d -
Bills QB Josh Allen wins NFL MVP award for 1st time, beating out Lamar Jackson
Allen won his 1st MVP, keeping Jackson from winning his 3rd.Yahoo Sports - Feb. 7
More from Financial Times
-
Trump signals Ukraine should hold elections as part of Russia peace deal
Remarks come hours after first high-level talks between Washington and Moscow since full-scale invasionFinancial Times - 4h -
US and Russia agree to ‘lay the groundwork’ for ending Ukraine war
First high-level talks on the conflict since Vladimir Putin’s invasion mark extraordinary turnaroundFinancial Times - 7h -
In defence of the state
A complex society is best served by a competent, professional and neutral public serviceFinancial Times - 12h -
Brazil charges ex-president Bolsonaro over alleged coup plot
Attorney-general accuses hard-right politician in connection with plan to assassinate rival Luiz Inácio Lula da SilvaFinancial Times - 54m -
Former OpenAI technology chief Mira Murati launches rival start-up
Thinking Machines Lab to focus on making artificial intelligence ‘more widely understood’Financial Times - 9h
More in Business
-
Trump threatens 25% tariffs on auto, semiconductor, pharmaceutical imports
President Donald Trump said Tuesday that he will likely impose tariffs of 25% or more on imports of cars, semiconductors and pharmaceutical products.MarketWatch - 50m -
Brazil charges ex-president Bolsonaro over alleged coup plot
Attorney-general accuses hard-right politician in connection with plan to assassinate rival Luiz Inácio Lula da SilvaFinancial Times - 54m -
Here’s what Argentina’s president Milei’s crypto scandal could mean for Argentine stocks
Argentine President Javier Milei is facing impeachment calls after he promoted a little known cryptocurrency libra, which soared and soon plunged. However, it is unlikely to upend Milei’s ...MarketWatch - 1h -
Dickson Despommier, Who Championed Farming in Skyscrapers, Dies at 84
A microbiologist, he popularized “vertical farming” — raising crops in tall buildings — to remediate climate change and feed more people.The New York Times - 2h -
China deal-making ramps up after years of decline as domestic companies prepare for Trump tariffs
China is starting to see a rebound in M&As as government stimulus measures start to bear fruit and pressure from Donald Trump's tariffs drive consolidation.CNBC - 2h