Apple Is Losing $1 Billion a Year on Apple TV+ Streaming

In a Netflix documentary, Bryan Johnson, a tech entrepreneur, discussed his morning routine involving various therapies, exercise, and supplements from his longevity start-up, Blueprint, aimed at achieving the lowest biological age. However, Johnson's use of legal confidentiality agreements to control his image and silence employees has led to complaints and concerns about the company's financial challenges and product quality issues. Former employees have raised questions about the effectiveness and safety of Blueprint's health supplements, with...

War and peace are challenging to price, but with Donald Trump seeking a ceasefire in Ukraine, investors are starting to evaluate Russian assets more positively. Despite sanctions making direct dealing difficult, Russian-linked firms in other markets are thriving. Although some see potential in deeply discounted Russian securities, the volatile geopolitical landscape and ongoing sanctions present significant risks for investors. Full Article

Roula Khalaf, Editor of the FT, selects her favorite stories in Unlock the Editor’s Digest for free. UK government borrowing in February exceeded expectations, putting pressure on chancellor Rachel Reeves ahead of the Spring Statement. Reeves faces challenges in balancing the current budget by 2029-30, with forecasts indicating the need for further spending cuts and possible tax hikes to manage Britain's public finances effectively. Full Article

Former Federal Trade Commissioner Alvaro Bedoya did not directly attribute his firing to his criticism of working conditions at Amazon, but he has been vocal about his disapproval of the president's prominent billionaire supporters. Despite not explicitly linking the two issues, Bedoya has not hesitated to express his views on the high-profile connections between the president and wealthy individuals. Full Article

President Trump hinted at a potential meeting with China's President Xi Jinping to discuss trade issues, but details remain scarce. China is seeking clarity on Mr. Trump's objectives and who in Washington holds his ear, sending scholars to unofficial talks in the U.S. to gauge the situation. With tensions high due to tariffs, China wants a summit soon to prevent further escalation, while U.S. officials are cautious about engaging without clear objectives in place. Full...

Emmett Burke, owner of two Chicago-style pizzerias in Manhattan, notices a trend of diners not taking home leftovers, attributing it to social stigmas and ease of ordering fresh food. Restaurateurs in other cities have observed a similar shift, with factors like demographics and logistics playing a role. While some establishments, like Greek restaurants, encourage taking home leftovers, others, like Korean tasting-menu restaurants, feel disappointed when guests request to do so. Full Article