Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Robert AG Monks, who has died aged 91, was the inspirational founding father of American shareholder activism, an accomplished lawyer, prolific writer and successful businessman. With Nell Minow, his long-standing business partner and co-author, he helped power the take-off in the 1980s of the corporate governance movement. Monks was a Republican who ran three times, unsuccessfully, for the US Senate. He liked to remind people that it was while running for office that he came to understand the critical importance of institutional shareholders…

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A search and rescue operation is underway after a naval training ship donning a massive Mexican flag crashed into the Brooklyn Bridge in New York City on Saturday night, sending passengers into the murky water.Videos posted to social media appear to show the mast of the ship crashing into the bridge just before 8:30 p.m., as passengers and nearby onlookers screamed. Massive sailing vessel crashes into Brooklyn Bridge (@TheWillieNelson / X)The 150-foot-tall Mexican Navy training ship, Cuauhtémoc, struck the bottom side of the roadbed portion of the Brooklyn Bridge, officials with the New York Police Department (NYPD) told Fox News.Flags…

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A “small group” of former officials will be exempt from Labor’s proposal to roll back concessions on ultra-high super balances, a senior minister has confirmed.Some half a per cent of Australians have super balances north of $3m.But critics have warned the proposal could end up affecting more people than first thought because it would not be indexed, meaning it would not rise with inflation and eventually more balances would be captured.The exemptions would be restricted to “those earnings in superannuation funds that the constitution prevents being taxed by the government will be excluded”, according to a government summary document, first…

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New York’s 38-point victory against Boston Celtics in Game 6 was the largest win in Knicks playoff history.Jalen Brunson and OG Anunoby each scored 23 points as the New York Knicks reached the Eastern Conference finals for the first time since 2000 by steamrolling the visiting Boston Celtics 119-81 in Game 6 of their second-round series. Mikal Bridges had 22 points and Karl-Anthony Towns added 21 points and 12 rebounds for third-seeded New York, which led by as many as 41 points on Friday. The Knicks wrapped up the best-of-seven series with the largest winning playoff margin in franchise history.…

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Israel intensifies war in Gaza, it says to pressure hostage releases – CBS News Watch CBS News There is a renewed push by mediators from the U.S. and Qatar to revive stalled ceasefire talks as Israel has intensified its war in Gaza. Debora Patta reports. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On

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NEWYou can now listen to Fox News articles! The Indiana Fever are off to a red-hot start to the 2025 WNBA season, taking down the Chicago Sky, 93-58, behind Caitlin Clark’s triple-double. Clark picked up right where she left off in 2024. The reigning Rookie of the Year did it all for a new-look Fever team on its home court in Indianapolis. Clark finished the game with 20 points after shooting 6-for-13 from the field with four made 3-pointers, adding 10 rebounds and 10 assists to lead her team to victory.  Indiana Fever guard Caitlin Clark shoots in the first half against…

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Downtown Beijing on May 2, 2025.Greg Baker | Afp | Getty ImagesBEIJING — Alibaba, Tencent and JD.com reported earnings this week that not only reflected improving Chinese consumer spending, but also the growing benefits of artificial intelligence in advertising.E-commerce giant Alibaba said late Thursday its Taobao and Tmall group sales rose by 9% year on year to 101.37 billion yuan ($13.97 billion) for the three months ended March 31. That’s above the 97.94 billion yuan predicted by a FactSet analyst poll, and the quarterly growth figure was well above the 3% segment increase for the 12-month period ending March 31.”The…

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NEWYou can now listen to Fox News articles! George the cat wasn’t having it. The feline fugitive decided recently it was time to leave an animal hospital in Lakeland, Florida, while he was still recovering after being neutered. So, he broke out of his crate and scaled a fence.”I was distraught and heartbroken,” George’s owner, Bob Beasock, told FOX 13. Employees at SPCA Florida chased after George, but they weren’t able to catch him. DISABLED VETERAN LEANS ON SUPERHERO DOG WITH ‘BATMAN’ MARKINGS FOR SUPPORT, COMPANIONSHIP George the cat decided recently it was time to leave an animal hospital in Lakeland, Fla., while…

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NEWYou can now listen to Fox News articles! Tom Cruise heaped praise on Ana de Armas’ new movie “Ballerina” as the two continue to fuel romance speculation.While speaking with reporters at the London premiere of his film, “Mission: Impossible – The Final Reckoning,” Cruise, 62, raved about the upcoming action thriller starring de Armas, 37. “I just saw the movie. It kicks a–,” Cruise said with a smile in an Instagram video shared by Spanish reporter Javier Ibarreche. Tom Cruise raved about rumored love interest Ana de Armas’ new movie, “Ballerina.” (Getty)”Oh, man, it’s right in that tone,” the “Top Gun:…

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