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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.As the EU tries to agree a 21st package of economic sanctions against Russia, unity is fraying. Half a dozen capitals have demanded carve-outs or blocked measures in an effort to protect corporate champions or national economic interests. With Russia on the back foot in the four-and-a-half-year conflict and Ukraine gaining an edge — challenging President Vladimir Putin’s belief that he could always outlast Kyiv and its allies — this is not the moment to lose resolve. Doing so risks snatching defeat…

Secretary of Health and Human Services Robert F. Kennedy, Jr., speaks during a press conference at the Health and Human Services headquarters in Washington, D.C., U.S., Feb. 23, 2026.Nathan Howard | ReutersHealth and Human Services Secretary Robert F. Kennedy Jr. on Tuesday said that the ongoing outbreak of cyclosporiasis is “under control.””We’ve identified the source of the outbreak, and the companies that are involved have implemented a recall,” Kennedy said, responding to questions during a news briefing about health care fraud. The Food and Drug Administration and the Centers for Disease Control and Prevention, both under Kennedy’s purview as HHS…

By Sinéad Carew and Ragini Mathur July 21 (Reuters) – Wall Street’s main indexes rose on Tuesday, as a steep rally in semiconductor shares helped shift the focus away from the latest Middle East hostilities and tariff battles, while investors looked ahead to major technology earnings reports for clues on the future of the AI trade. Gains in recently battered semiconductor stocks provided huge support for the main U.S. stock indexes and the climbed 5.5%. The latter is on track for its second consecutive advance after ending Friday more than 20% below its late-June record high, confirming a bear-market decline. …

Since its 2022 launch, the Steam Deck has consistently been at or near the top of the company’s “top selling products by revenue” charts, with brief dips outside of the top 10 treated as newsworthy events. But sales of the popular handheld gaming PC have apparently been on a steep decline since the system relaunched at a higher price in May. Linux-focused gaming site Boiling Steam breaks down the historical data, showing how the Deck’s chart position has fallen from fifth place immediately after orders resumed in late May down to 14th place for two weeks in early July (the…

Courtroom sketch of James Patten, left, and attorney Ira Sorkin at N.J. District Court in Camden, N.J., Oct. 11, 2022Source: Elizabeth WilliamsJames Patten, who played a key role in the brazen stock manipulation scheme that led to a publicly traded company that owned a small, money-losing New Jersey deli having a market capitalization of $100 million, was sentenced Tuesday to 21 months in prison.Patten, 67, previously pleaded guilty to securities fraud in the case in U.S District Court in Camden, New Jersey.The North Carolina resident’s co-conspirators, Peter Coker Sr. and Peter Coker Jr., have already served their prison sentences, which…

Clear Secure’s resilient airport franchise is more than a travel business. It serves as the customer acquisition engine powering its broader identity platform and is a competitive advantage. The company’s expanding database of verified users creates a powerful network effect, making each reverification more profitable while supporting accelerating revenue, margin expansion and free cash flow. Despite its transformation, the stock trades at a compelling valuation relative to its growth prospects and could eventually attract strategic acquisition interest. Clear Secure has moved beyond biometric airport screening to become one of the preeminent digital identity platforms that is making verification secure and…

Rio Tinto exits aluminum composites business, transfers customers to Canada’s Cymat Source link

Alphabet is releasing three new Gemini models on Tuesday, including its clearest answer yet to Anthropic’s lead in cybersecurity, as the company looks to show progress across a product pipeline that has faced delays and mounting competition.Gemini 3.5 Flash Cyber is designed to detect and patch software vulnerabilities and will initially be available only to governments and trusted partners through a limited-access pilot. Google said the specialized model runs at a lower price per token than larger models.The new model could help Google narrow its cybersecurity gap with Anthropic, which has built an early lead in automated code defense with…

Andy Burnham has promised to lead a “cost of living government,” as he chaired his first cabinet meeting as prime minister.He told his newly-assembled top team that he wanted to make living expenses a key priority, and give people a “sense that help is coming” on costs.It comes after he announced a VAT cut to household energy bills from October, in his first major announcement since taking office.But his plan to pay for the policy by scrapping Sir Keir Starmer’s digital ID scheme led to an early row over whether the plan was properly funded.Downing Street said the estimated £850m…

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, on April 4, 2025. Timothy A. Clary | Afp | Getty ImagesMany investors remain enamored with the so-called “Mag 7” and the tech-led U.S. stock market. A history lesson may be in order so they don’t get hobbled by mistakes that sank portfolios in the early 2000s.While there are differences in today’s market, the phase we are in resembles the period before the dotcom bubble burst in some important respects. During the dot-com heyday, many market participants became overly concentrated in the technology sector…