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FT News Briefing

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Aug 23, 2022 • 10min

The student who rode Bed Bath & Beyond to the moon

Ben & Jerry’s lost a legal dispute with its parent company over sales in Israel and investors are sceptical about this summer’s equities rally. Plus, the FT’s Madison Darbyshire talks about how a 20-year-old American college student made $110mn betting on a meme stock. Mentioned in this podcast:How a 20-year-old student made $110mn riding the meme stock wave Investors fret over durability of summer rally in US marketsBen & Jerry’s loses attempt to block ice cream sales in West BankThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Aug 22, 2022 • 9min

Droughts grip large parts of the globe

Apple employees are pushing back against the iPhone maker’s call for workers to return to the office next month, and major droughts across the globe are having a significant impact on everything from agriculture to tech. Plus, the FT’s Sam Agini explains what a potential deal for Manchester United would mean for the football club.     Mentioned in this podcast:Group of Apple employees pushes back against return-to-office orderClimate graphic of the week: Record lows for rivers across China, US and Europe sap economiesJim Ratcliffe declares interest in buying Manchester UnitedScoreboard newsletter The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Aug 21, 2022 • 27min

A sceptic’s guide to crypto: boom and bust

A new season of Tech Tonic asks whether crypto and its supporting technology - the blockchain - have a future following a market crash. In the first episode of this five-part series, FT columnist and host Jemima Kelly casts a sceptical eye on what led to the boom in digital assets and their subsequent collapse. She assesses the damage with the FT’s digital assets correspondent Scott Chipolina, and hears from big-time bitcoin investor Michael Saylor, Dogecoin co-creator Jackson Palmer, and crypto YouTuber, Wajahat Mughal.Check out stories and up-to-the-minute news from the FT’s technology team at ft.com/technology The FT’s Cryptofinance Hub is at https://www.ft.com/cryptofinance Scott Chipolina’s reporting can be found at https://www.ft.com/scott-chipolina For a special discounted FT subscription go to https://www.ft.com/techtonicsalePresented by Jemima Kelly. Special thanks to Scott Chipolina. Edwin Lane is senior producer. Produced by Josh Gabert-Doyon. Executive producer is Manuela Saragosa. Sound design by Breen Turner, with original music from Metaphor Music. The FT’s head of audio is Cheryl Brumley.News clips credits: CNBC, Saturday Night LiveRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Aug 20, 2022 • 29min

FT Weekend: Ukraine’s digital war. Plus: how computers changed chess

FT Weekend has its own podcast feed! For more content, including our special Food & Drink mini-series, search 'FT Weekend' where you listen to podcasts and subscribe there.This weekend, we go to Ukraine. FT columnist Gillian Tett introduces us to the tech entrepreneurs and engineers who have built strong links with Silicon Valley and western tech companies over the past few decades. These connections are helping them fight what she calls an ‘open source war’ against Russia. Then, data journalist Oliver Roeder invites us into the elite world of professional chess. Now that computers are magnitudes better than humans, the game has dramatically changed.--------------Want to stay in touch? We love hearing from you. Email us at ftweekendpodcast@ft.com. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.--------------Links and mentions from the episode: – Gillian’s piece, ‘Inside Ukraine’s open-source war’: https://on.ft.com/3QE08n5 – Oliver Roeder’s article, ‘Enter the inner sanctum of elite chess:’ https://on.ft.com/3Cd47CG – Oliver’s book is called Seven Games: A Human History– Gillian is on Twitter @gilliantett. Oliver is on Twitter @ollie.—-------------Special offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcastWant to join us at the FT Weekend festival in London on September 3rd? Buy a ticket at ft.com/ftwf. And here’s a special £20 off promo code, specifically for FT Weekend listeners: FTWFxPodcast22--------------Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Aug 19, 2022 • 11min

FT Business Book of the Year longlist

Middle East states are expected to bring in $1.3tn in additional oil revenues, big US retailers posted quarterly earnings this week and results were mixed, scientists have discovered a way to destroy harmful “forever chemicals”. Plus, we’ll look at the longlist for this year’s FT Business Book of the Year award. Mentioned in this podcast:Middle East states set for $1.3tn oil windfall, IMF saysWalmart and Home Depot ease fears of recession even as inflation persistsTarget’s profit tumbles on price cuts and efforts to clear inventoryBusiness Book of the Year 2022 — the longlistThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Aug 18, 2022 • 9min

Missteps at Missfresh

Federal Reserve officials discussed the need to keep interest rates at levels that restrict the economy “for some time” in a bid to contain inflation, Short-term UK borrowing costs surged to the highest level since 2008, and Tencent posts its first quarterly revenue fall. Plus, the collapse of Chinese food delivery app, Miss Fresh, could be a cautionary tale for other tech giants in China. Mentioned in this podcast:Fed officials signal restrictive rates may be needed ‘for some time’UK bonds sell off as hot inflation lifts expectations for BoE rate risesTencent hurt by slowing Chinese economy and stalled game approvalsWhat the collapse of Missfresh means for China’s tech sectorJapan’s latest alcohol advice: please drink moreThe FT News Briefing is produced by Sonja Hutson, Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Aug 17, 2022 • 10min

WeWork 2.0?

Amazon has accused the FTC of harassing top executives as part of an antitrust investigation, hedge fund Elliott Management has dumped almost all of its shares in SoftBank, and Harvard will offer tuition-free MBA programs to low-income students. Plus, the man who blew up WeWork, Adam Neumann, has a new real estate venture that’s attracted a major investment from Silicon Valley royalty. Mentioned in this podcast:Amazon accuses FTC of harassing executives including Jeff Bezos and Andy JassyHedge fund Elliott dumps SoftBank stake after souring on Masayoshi SonAndreessen Horowitz backs WeWork co-founder’s property ventureThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Aug 16, 2022 • 10min

Private equity: from cutthroats to frenemies

Elections officials in Kenya announced a winner in last week’s presidential election but the result is being challenged, Iran denies involvement in the stabbing of controversial author Salman Rushdie, and China cut a crucial lending rate for the first time since January. Plus, we look at how the private equity industry evolved from a group of mercenary dealmakers to co-operative rivals. Mentioned in this podcast:William Ruto wins Kenya’s presidential electionIran denies linked to Rushdie attack China cuts lending rate as economic data disappoint and Covid cases riseThe private equity clubThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Aug 15, 2022 • 8min

Will oil prices keep falling?

Saudi Arabia has agreed to renew a three billion dollar deposit at Pakistan’s Central Bank, Saudi Aramco reported record profits, and an expected US tax on stock buybacks isn’t expected to have a big impact on earnings. Plus, Mexico’s president wants beer makers in the north to cut back due to the region’s drought. Mentioned in this podcast:Saudi Arabia renews $3bn deposit to PakistanSaudi Aramco hits fresh profit record as high energy prices deliver windfallMeet the new taxesMexico president calls time on brewing as drought intensifiesThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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Aug 13, 2022 • 32min

FT Weekend: Chef Mashama Bailey on reclaiming African-American food

For more FT Weekend content, including our special Food & Drink mini-series, search 'FT Weekend' where you listen to podcasts and subscribe there.This week Lilah goes to Savannah, Georgia, to visit chef Mashama Bailey. Mashama recently won Outstanding Chef at the James Beard Awards. Since 2014, she has been chef and partner at The Grey, a restaurant located in a formerly segregated bus station. And she has been redefining American food by reclaiming its African-American roots. But because so much of this history hasn't been documented, how do you find and preserve it, and also expand on it? Mashama explains her creative process. We also speak with Stephen Satterfield, host of the Netflix docuseries High on the Hog. Stephen is the founder of Whetstone Media, which is dedicated to tracing food stories back to their roots of origin.Want to say hi? We love hearing from you. We’re on Twitter @ftweekendpod, and Lilah is on Instagram and Twitter @lilahrap.Links and mentions from the episode: Lilah’s written piece on Mashama in the FT Magazine: https://on.ft.com/3I8v4br Mashama and her business partner John O Morisano’s memoir about The Grey is called Black, White, and the GreyStephen is the founder of Whetstone Magazine and Whetstone Media. You can learn more at https://www.whetstonemagazine.com/Whetstone Radio Collective has a suite of podcasts: https://podcasts.apple.com/us/channel/whetstone-radio/id6442689915Dr Jessica B Harris’s seminal book on African-American food history is called High on the Hog: a Culinary Journey from Africa to AmericaLilah also recommends Bryant Terry's 2021 cookbook Black Food, and the work of Michael W Twitty. Michael is on Instagram at @thecookinggene and has an excellent Masterclass session on tracing your roots through foodMashama is on Instagram at @mashamabailey. Stephen is at @isawstephenSpecial offers for FT Weekend listeners, from 50% off a digital subscription to a $1/£1/€1 trial can be found here: http://ft.com/weekendpodcastCome join us at the FT Weekend festival in London on September 3rd! Buy a ticket at ft.com/ftwf. Here’s a special £20 off promo code: FTWFxPodcast22Original music by Metaphor Music. Mixing and sound design by Breen Turner and Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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