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Barclays fined £42mn for failed money laundering checks

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s financial regulator has fined Barclays £42mn for failing to properly manage money laundering risks on two occasions. The Financial Conduct Authority on Wednesday said Barclays had been fined for “failings in its financial … Read more

Trump’s pressure on Apple to make All-American phones ignores the last tech giant that tried and failed

The executives were well aware of the difficulties they would face in manufacturing a smartphone in the U.S. As with any great tech industry moonshot, the challenge was part of the appeal—and they embraced it. “Conventional wisdom said it wasn’t possible,” the company crowed defiantly in a blog post announcing the new America-made smartphone. “Experts … Read more

Sam Altman says Meta tried and failed to poach OpenAI’s talent with $100M offers

Meta CEO Mark Zuckerberg has been on something of a hiring spree lately, trying to staff up Meta’s new superintelligence team with top-tier AI researchers from competing labs. To work on a team led by former Scale AI CEO Alexandr Wang and at a desk physically near Zuckerberg, Meta has reportedly offered employees from OpenAI … Read more

Why the CHRO of IBM says she always asks new hires to talk about a time they’ve failed

People have a natural fear of showing weakness, especially during job interviews when they’re trying to present their best selves. That’s exactly why Nickle LaMoreaux, the CHRO of technology giant IBM, asks every candidate she speaks with the same question: “Can you talk about a time you failed?”  LaMoreaux says she’s looking for people who … Read more

Exclusive: Congressman Tim Moore failed to properly disclose hundreds of thousands of dollars worth of personal stock purchases made around Trump’s ‘Liberation Day’ in a potential STOCK Act violation

WASHINGTON — Rep. Tim Moore (R-N.C.) appears to have missed a required disclosure deadline under a federal transparency law, failing to properly disclose hundreds of thousands of dollars worth of personal stock purchases he made immediately before or after President Donald Trump’s April 2 “Liberation Day” tariff declaration, according to congressional financial records reviewed by … Read more

Edi Gathegi Thinks ‘Superman’ Role Saves Failed ‘X-Men’ Potential

There’s a lot of superpowered characters in Superman, and one of the most notable is Michael Holt, aka Mr. Terrific. It isn’t just that this is his first time on the big screen, it’s also the matter of who’s playing him: Edi Gathegi, who many likely remember as Darwin from X-Men: First Class, aka the mutant who … Read more

Israel launches strikes on Iran following failed Trump-Tehran nuclear talks

NEWYou can now listen to Fox News articles! Israeli Defense Forces launched a sweeping strike on Iran following months of attempted, and seemingly failed, nuclear negotiations between the Trump administration and Tehran. Fox News’ Trey Yingst reported that Israel carried out strikes in Iran, adding that explosions were heard in the capital of Tehran. A … Read more

Standard Nuclear emerges from the ashes of a failed startup

Standard Nuclear emerged from stealth Wednesday with $42 million in funding to make advanced nuclear fuel. Except Standard Nuclear isn’t an entirely new company. Rather, it’s built on assets purchased at auction following the bankruptcy of the Ultra Safe Nuclear Corporation (USNC) for $28 million. The new company’s CEO, Kurt Terrani, served as vice president … Read more

North Korea detains shipyard officials over failed launch that left naval destroyer damaged: state media

North Korea has detained shipyard officials responsible for a recent failed launch of a new warship that left a 5,000-ton North Korean naval destroyer damaged, according to state media. Law enforcement officials arrested the chief engineer of the Chongjin Shipyard, among others, the Korean Central News Agency (KCNA) reported on Sunday. Supreme Leader Kim Jong … Read more

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