Roula Khalaf, Editor of the FT, curates the Unlock the Editor’s Digest newsletter featuring top stories. Informa, a UK business events group, is set to restructure after acquiring Ascential for £1.2bn, aiming for over £4bn in revenue by 2025. The company, led by CEO Stephen Carter, has shifted focus to larger trade events, with plans to create three distinct event businesses and pursue digital services through a partnership with TechTarget.
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Judges order US government to rehire thousands of workers
Two federal judges have ordered the Trump administration to rehire tens of thousands of government employees terminated in recent weeks, citing breaches of rules surrounding mass layoffs. Maryland district judge James Bredar and San Francisco district judge William Alsup issued temporary restraining orders directing reinstatement of probationary employees across various federal agencies, challenging Elon Musk's cost-cutting efforts. The judges found that the firings lacked cause and proper notice, prompting the Trump administration to clarify directives...
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