Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Emmanuel Macron’s most powerful and longest-serving adviser has stepped down to take a senior role at Société Générale, leaving a big hole in the operations of the Élysée Palace with two years left of the French president’s term. Alexis Kohler, a 52-year-old civil servant who has served as chief of staff at the Élysée since 2017, will be responsible for leading mergers and acquisitions and financing activities at the French bank, and will also help chief executive Slawomir Krupa with a turnaround…

The protesters are trying to escalate a movement targeting Tesla dealerships and vehicles in opposition to Musk.Crowds protesting billionaire Elon Musk’s purge of the US government under President Donald Trump have been congregating outside Tesla dealerships throughout the US, and in some cities in Europe, in the latest attempt to put a dent in the enormous fortune of the world’s richest man. The protesters are trying to escalate a movement targeting Tesla dealerships and vehicles in opposition to Musk’s role as the head of the newly created Department of Government Efficiency, or DOGE, where he’s gained access to sensitive data…

Amid a wave of violence against Tesla vehicles, showrooms and charging stations, anti-Musk protesters could see their biggest show of force yet as the decentralized movement known as Tesla Takedown is planning a “Global Day of Protest” targeting more than 500 Tesla locations worldwide. The protests slated for Saturday have been promoted by actors, filmmakers, congressional legislators, academics and activists who led a “mass mobilizing call” last week to drum up support. More than 275 Tesla locations in the U.S. and over 500 worldwide will be targeted as part of the effort. While the protests against Elon Musk and Tesla have lately…

Shaqir O’Neal, the son of basketball Hall of Famer Shaquille O’Neal, has made a big decision about his basketball future. Shaqir is leaving Florida A&M and entering the NCAA transfer portal, On3 reported. The junior forward averaged 6.7 points and 3.4 rebounds per game during the 2024-25 season with the Rattlers. Florida A&M Rattlers forward Shaqir O’Neal against the Florida Gators during the first half at Exactech Arena at the Stephen C. O’Connell Center in Gainesville, Fla., Nov. 19, 2024. (Morgan Tencza/Imagn Images)If he does transfer, O’Neal would finish his career in Tallahassee having started 17 of 29 games.BROOME, AUBURN FLEX THEIR…

An attempted burglary was thwarted at a Texas car dealership after a man called 911 to report he had been injured during the break-in, police said.The Tyler Police Department arrested Jeremiah Megallon after receiving a call from him that he had injured himself while trying to break into the Patterson Dodge dealership.Police say the call came in around 3:45 a.m. Thursday from Megallon, who claimed he had just broken into the dealership and needed help.”He said he had broken into the Patterson Dodge dealership in an attempt to steal a car but was unable to get out of the building,”…

President Donald Trump said he “couldn’t care less” if automakers raise car prices in response to his planned tariffs on imported vehicles.Mr Trump was asked in an interview with NBC News on Saturday whether he warned foreign automaker chief executives not to raise consumer prices in response to the 25 per cent tariffs he plans to impose on their products next week.“No, I never said that,” Mr Trump said.“I couldn’t care less if they raise prices because people are going to start buying American cars.“I hope they raise their prices, because if they do, people are going to buy American-made…

MANDALAY, MYANMAR: Residents scrambled desperately through collapsed buildings on Sunday (Mar 30) searching for survivors as aftershocks rattled the devastated city of Mandalay, two days after a massive earthquake killed more than 1,600 people in Myanmar and at least 11 in neighbouring Thailand. The initial 7.7-magnitude quake struck near the central Myanmar city of Mandalay early Friday afternoon, followed minutes later by a 6.7-magnitude aftershock. The tremors collapsed buildings, downed bridges and buckled roads, with mass destruction seen in the city of more than 1.7 million people. As dawn broke on Sunday, tea shop owner Win Lwin picked his way through…

Syria’s interim president, Ahmed al-Shara, announced late Saturday the formation of a caretaker government that will lead the country through a crucial transition as it emerges from more than 50 years of dictatorship under the Assad family’s iron-fisted rule.Mr. al-Shara, who led the coalition of rebel forces that overthrew the Assad regime, appointed a bevy of new ministers, swearing in each before an audience of several hundred dignitaries in a brightly lit hall in the presidential palace on a hill above Damascus.His government included some experienced officials, and one woman — but he appointed close allies to the important ministries…

Washington — A federal appeals court in Washington, D.C., cleared the way for President Trump to fire members of the National Labor Relations Board and Merit Systems Protection Board after district courts had earlier blocked their removals and ordered them reinstated.A three-judge panel of judges on the U.S. Court of Appeals for the District of Columbia Circuit divided 2-1 in agreeing to halt the lower court orders that voided Mr. Trump’s firings of Gwynne Wilcox from the National Labor Relations Board and Cathy Harris from the Merit Systems Protection Board while legal proceedings move forward.Wilcox and Harris had argued that…

Check out the companies making headlines before the bell: Lululemon Athletica — Shares tumbled more than 11% after the athleisure retailer’s 2025 guidance came in weaker than expected . Lululemon forecasts first-quarter earnings in a range of $2.53 to $2.58 per share, compared to the $2.72 expected by analysts polled by LSEG. First-quarter projected revenue of $2.335 billion to $2.355 billion was also lower than the $2.39 billion consensus forecast. However, fourth-quarter results beat on both sales and profit. U.S. Steel — The stock jumped nearly 5% after Semafor reported that Japan-based Nippon Steel is willing to invest as much…