Latest in FirstFT: Banks offload Twitter debt
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FirstFT: Banks offload Twitter debt
Also in today’s newsletter, the fallout from Trump’s Gaza plan, and Ackman trolls UnitedHealth GroupFinancial Times - 5h -
Wall Street banks offload $5.5bn in debt linked to Musk’s Twitter takeover
Deal will allow lenders to exit one of the toughest merger-finance transactions in recent yearsFinancial Times - 17h -
FirstFT: Trump calls for US to ‘take over’ Gaza and 2.2mn to be resettled
Also in today’s newsletter, EU’s ‘bazooka’ against Trump’s tariff threat and Alphabet shares dropFinancial Times - 1d -
FirstFT: China retaliates against Trump’s tariffs
Also in today’s newsletter, Citi bucks back-to-office trend and the latest blow against USAIDFinancial Times - 2d -
Investors wade into bank debt as tariffs bite and key bank regulator is replaced
Bank bond spreads against U.S. Treasurys widened and money flowed into most debt issued by major banks on Monday, in a sign that Wall Street is wading into the sector on the heels of President ...MarketWatch - 2d -
FirstFT: Trump’s trade war rocks global markets
Also in today’s newsletter, America’s corporate bosses cosy up to Musk, and Latam Airlines’ ambitious growth planFinancial Times - 3d -
FirstFT: China’s military builds massive wartime command centre
Also in today’s newsletter, Trump blames Washington air crash on DEI and advice on how to find the perfect partnerFinancial Times - 6d -
Musk’s Twitter Takeover Offers Trump a Blueprint
Federal agencies have offered exits to millions of employees and tested the prowess of engineers — just like when Elon Musk bought Twitter. The similarities have been uncanny.The New York Times - 6d -
FirstFT: Rescuers search for survivors in the Potomac River
Also in today’s newsletter, SoftBank in talks to invest up to $25bn in OpenAI, and London’s gold shortageFinancial Times - Jan. 30 -
Trump’s Federal Buyout Memo Has Echoes of Musk’s 2022 Twitter Purge
A new memo offering “deferred resignation” to all federal employees seems to be taking its strategy from Musk’s chaotic Twitter takeover.Inc. - Jan. 29 -
FirstFT: Fed on collision course with Donald Trump over rate cuts
Also in today’s newsletter, OpenAI accuses DeepSeek of potential copyright breech and a new demography series beginsFinancial Times - Jan. 29 -
Trump admin offers payouts for resignations in move mirroring Musk's memo at Twitter
The Trump administration offered an ultimatum to some federal employees asking them to choose if they want to resign in a pitch that echoes Elon Musk's moves at Twitter.ABC News - Jan. 28 -
Elon Musk Is Running the Twitter Playbook on the Federal Government
The US Office of Personnel Management is telling federal workers to get in line—or get out.Wired - Jan. 29 -
Remember the U.K. debt crisis under Liz Truss? Bank of England now has a formal process to handle it.
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during Liz Truss’s brief tenure as prime minister in 2022.MarketWatch - Jan. 28 -
FirstFT: OpenAI’s Sam Altman scrambles to respond to DeepSeek threat
Also in today’s newsletter, Treasury secretary Scott Bessent pushes for universal tariffs and Nato’s silence over Greenland threatFinancial Times - Jan. 28 -
India's banking sector slump
Also in this newsletter: China is building the world’s largest dam and Ashish Gupta’s mantraFinancial Times - Jan. 28 -
Investors offloaded record volume of private equity stakes in 2024
Booming secondary market as pension funds and buyout groups seek alternative ways to cash outFinancial Times - Jan. 27 -
UK banks clash with BoE over rules on loss-absorbing debt
Lenders warn rules will harm City’s competitiveness and impose ‘significant costs’ on the sectorFinancial Times - Jan. 27 -
The GOP debt limit jam
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story GOP faces tough decision on debt limit Some House Republicans are getting anxious ...The Hill - Jan. 24 -
FirstFT: US rates could remain on hold for the ‘foreseeable future’
Also in today’s newsletter: Davos gloom, and Trump warns Putin to reach Ukraine ‘deal’ soonFinancial Times - Jan. 23 -
How Bluesky, Twitter's onetime side project, is challenging Elon Musk's X
Bluesky attracted many X users following the U.S. election in November. The decentralized social media platform has now grown to more than 28 million users.CNBC - Jan. 22 -
FirstFT: Trump renews tariff threats sending shockwaves through global markets
Also in today’s newsletter, Panama responds to Trump’s threat to take back the Panama Canal and Ray Dalio on UK’s ‘debt death spiral’Financial Times - Jan. 21 -
FirstFT: Trump prepares dozens of executive orders
Also in today’s newsletter, three Israeli hostages released and TikTok restores US accessFinancial Times - Jan. 20 -
Can you dispute a debt that was sold to a debt collector?
Disputing a debt that has been sold to a debt collector is not just possible — it's your legal right.CBS News - Jan. 17 -
FirstFT: US officials race to avert TikTok ban
Also in today’s newsletter, manufacturing surge boosts China’s economy and Mark Carney launches bid to become Canada’s PMFinancial Times - Jan. 17 -
Tips for paying off debt
With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.CBS News - Jan. 16 -
FirstFT: Netanyahu accuses Hamas of backtracking
Also in today’s newsletter, Biden warns of ‘oligarchy’ in America, and Wall Street banks make bumper profitsFinancial Times - Jan. 16 -
Ex-England boss Eriksson died heavily in debt
Swedish football manager Sven-Goran Eriksson, the first foreigner to lead the England national team, died with debts of over £3.8 million ($4.64 million) following years of financial mismanagement.ESPN - Jan. 15 -
FirstFT: Germany’s economy contracts for second straight year
Also in today’s newsletter, South Korea’s impeached president is arrested and powerful Wall Street dealmaker joins OpenAI boardFinancial Times - Jan. 15 -
S.E.C. Sues Elon Musk Over Twitter-Related Securities Violations
Regulators filed a lawsuit in federal court stemming from Mr. Musk’s $44 billion purchase of the social media company now called X.The New York Times - Jan. 15 -
SEC sues Elon Musk over alleged late disclosures on Twitter share deal
Regulator says Trump ally got $150mn discount by not disclosing stake in social media group on timeFinancial Times - Jan. 14 -
FirstFT: ‘Breakthrough’ raises hopes for Gaza ceasefire deal
Also in today’s newsletter, special counsel Jack Smith issues report on election interference, and Amazon plans AI ‘brain’ for AlexaFinancial Times - Jan. 14 -
FirstFT: Dollar hits 2-year high as interest rate assumptions change
Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El SalvadorFinancial Times - Jan. 13 -
House Republicans face massive debt problem
House Republicans have a problem. They want to pass a massive agenda for President-elect Trump, preferably in his first 100 days of office. And they don’t want to add to the federal deficit. That ...The Hill - Jan. 11 -
Can a debt collector refuse my settlement offer?
Negotiating a successful debt settlement could be a little more complicated than you'd expect.CBS News - Jan. 10 -
FirstFT: The hottest year on record
Also in today’s newsletter, the resurrection of Andersen Consulting, and hiding savings from a significant otherFinancial Times - Jan. 10 -
FirstFT: Elon Musk moves against Keir Starmer
Also in today’s newsletter, corporate borrowers rush to lock in loans and the growing interest in lunar spectrumFinancial Times - Jan. 9 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
FirstFT: California declares state of emergency as wildfires rage
Also in today’s newsletter, Facebook ends third-party fact-checking, and analysts turn on Citi’s chief executiveFinancial Times - Jan. 8