Wall Street banks have sold almost all $12.5bn of debt tied to Elon Musk’s Twitter purchase

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  Wall Street nears sale of $3bn of debt tied to Musk’s Twitter buyout

  Billionaire’s close ties to re-elected US president have piqued investors’ interest
  
  Financial Times - Feb. 12
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  Here are all the agencies that Elon Musk and DOGE have been trying to dismantle

  Elon Musk's Department of Government Efficiency has made swift work of the billionaire's goal to curtail the government. Here are some of the actions it has taken.
  
  ABC News - Feb. 11

• Elon Musk Brings His Playbook From Twitter to the Government

  Ryan Mac and Kate Conger, two New York Times technology reporters who together wrote a book about what happened when Elon Musk bought Twitter, explain some of his tactics.
  
  The New York Times - Feb. 8
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  As Wall Street Chases Profits, Fire Departments Have Paid the Price

  Fire engine manufacturing is now largely controlled by three companies. Around the country, prices have soared, and orders can take years to fulfill.
  
  The New York Times - 3d
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  Why Does Elon Musk Think He Can Treat the U.S. Government Like Twitter?

  My latest five-whys looks at Musk’s motivations.
  
  Inc. - Feb. 6

• Elon Musk’s X reportedly in talks for funding at same valuation as original Twitter deal

  Elon Musk is reportedly looking to raise money for the social media service X at the same price he paid, reluctantly, for Twitter in 2022.
  
  MarketWatch - 1d

• Despite tariff fears European stocks have outperformed Wall Street this year. Here’s why UBS thinks that will continue.

  Meager valuations have long been supportive of European stocks – now there are new factors to help the rally
  
  MarketWatch - 6d
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  Elon Musk and how the left makes monsters of us all

  Liberals are finding out that when you try to silence all dissent, you create thousands of outcasts.
  
  The Hill - Feb. 8

More from Financial Times

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  US objects to phrase ‘Russian aggression’ in G7 statement on Ukraine

  Trump administration splits with allies on holding Moscow responsible for war
  
  Financial Times - 1h
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  Ukrainians rigged Russian drone pilot goggles with explosives, officials say

  Mossad pager attacks inspired sabotage by Kyiv’s defence intelligence unit
  
  Financial Times - 7h
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  European stocks outpace Wall Street since Trump took office

  Surprise outperformance driven by lack of day-one tariffs on EU and prospect of end to Ukraine war
  
  Financial Times - 1h
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  The Maga-fied right is missing Britain’s real crisis

  It’s not a terminal moral malaise that’s blighting the country, it’s an economic one
  
  Financial Times - 7h
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  US tech will pay a price for Trump’s approval

  The risks of a backlash are rising and could galvanise European competitors
  
  Financial Times - 2h

More in Business

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  Fox News, CNN and Other Outlets Urge White House to Drop AP Ban

  Dozens of major news organizations, including some conservative outlets, urged the Trump administration to stop blocking The Associated Press from press events.
  
  The New York Times - 5m

• New York Gov. Hochul will not remove Mayor Eric Adams 'right now'

  The DOJ is seeking to dismiss its criminal case against Adams, citing the need for his cooperation on Trump immigration enforcement policies.
  
  CNBC - 6m

• Your retirement savings are at risk in an openly insane stock market

  Fund managers admit they’re buying overvalued stocks.
  
  MarketWatch - 7m

• Amazon surpasses Walmart in revenue for the first time

  Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion.
  
  CNBC - 18m

• Walmart is the Dow’s worst performer today. Analysts aren’t nervous.

  Walmart was the Dow Jones Industrial Average’s worst performer on Thursday, after the big-box retail chain forecast its first year-over-year drop in quarterly profit in three years.
  
  MarketWatch - 26m