Bank capital is not a magic risk cure
The Fed’s Barr misreads the collapse of SVB
Financial & markets regulation
Frances Haugen’s lessons as a Facebook whistleblower
Frances Haugen discusses her book, The Power of One
Social Media
Wine investors wary of full-bodied prices for star 2022 vintage
The latest offerings from Bordeaux have been much praised
Luxury goods
Court ruling changes the game for Microsoft’s $75bn Activision deal
US and UK regulators could demand more concessions but investors are betting on an industry-shaping victory
Mergers & Acquisitions, Financial & markets regulation
Under-21s targeted by money launderers, warns UK fraud agency
Schools initiative to discourage youngsters from being used as ‘money mules’
Social Media
Corporate Japan back in the hunt for US deals
Overseas expansion seen as vital for lenders and companies dealing with shrinking domestic market
Mergers & Acquisitions
Infrastructure investment trusts: a long-term bet
When interest rates fall, these funds should bounce back
Renewable energy
Microsoft races for UK compromise to seal Activision deal
Plus, Sam Altman mixes Spacs with science and the scandalous sandwich shop with unexpected ties to the Trafigura scandal
Mergers & Acquisitions
US carmakers face a union looking for its ‘defining moment’
Contract talks carry risks for big three and Biden’s re-election push in battleground states
Electric vehicles
US consumers trim back-to-school budgets as inflation bites
Price-sensitive families ‘hungry for deals’ but spending expected to fall 10% from last year
Consumer trends