Wolfspeed creditors extend rescue financing offer to avert bankruptcy

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Junior creditors of Wolfspeed Inc., a strategically sensitive US chipmaker, have offered rescue financing to the struggling company to pre-empt a potential bankruptcy filing. A group of hedge funds and other investors sent a proposal … Read more

Hong Kong crypto investor Animoca plans US listing as Trump lures more groups

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Hong Kong’s Animoca Brands plans to list in New York as Donald Trump’s light-touch regulation of digital assets offers a “unique moment” to enter the world’s largest capital market, says the boss of … Read more

California sues Trump administration over blocked funds for EV charging

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world California and a coalition of 16 states filed a lawsuit against the Trump administration on Wednesday, saying it had unlawfully blocked $5bn in congressional funds allocated to build electric vehicle charging infrastructure. The … Read more