FT Daily briefing: Trump crisis deepens, China’s Pakistan project – Financial Times

Sign up to receive FirstFT by email here The casualties of the most serious threat to the Trump presidency are mounting, with US stocks suffering their worst session since September, the dollar down and bank stocks in retreat. Here’s Lex on the Trump trade: “executive disorder”.  Even some Republican politicians — who overlooked several of the sorts of scandals […]

Turmoil over recent Trump controversies triggers the Dow’s biggest loss since September – Washington Post

The stock market on Wednesday took its biggest dive since September, as Wall Street analysts said investors had begun to grapple with the increasing possibility that Washington would be consumed with chaos and fail to enact policies President Trump and his congressional allies have said would boost the economy. The Dow Jones industrial average fell […]

Ford considers thousands of salaried buyouts – The Detroit News

The Blue Oval is preparing to offer targeted buyouts to salaried employees within the next few weeks, according to sources familiar with the situation who asked for anonymity because the plans have not been made public. The buyouts are tied to previously announced cost-cutting efforts that Ford hopes will save $3 billion this year to […]

Worldwide Cyberattack Could Bring Additional Fallout Monday – KTLA

Companies worldwide are bracing for even more fallout from the biggest cyberattack ever as their workers head back to the office Monday. The massive ransomware attacks that started late Friday have locked people out of their computers and demanded hundreds of dollars from the users before they could regain control. The attacks exploit a vulnerability […]

US fails to reassure Europe, Japan over ‘Trumponomics’ – CNBC

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Cyber-attack: Europol says it was unprecedented in scale – BBC News

Cyber-attack: Europol says it was unprecedented in scale – BBC News

Image copyright Webroot Image caption The ransomware has been identified as WannaCry – here shown in a safe environment on a security researcher’s computer A cyber-attack that hit organisations worldwide including the UK’s National Health Service was “unprecedented”, Europe’s police agency says. Europol also warned a “complex international investigation” was required “to identify the culprits”. […]