The business landscape sees Tesla's substantial pay proposal for Elon Musk defended, while Publishers Clearing House's new owner refuses to honor past prizes. Positive signs emerge with the US listings market experiencing its busiest week in four years, including Medline's upcoming IPO, alongside Patagonia's ironic corporate appeal, the settlement of a defamation suit against The Atlantic, a Jeep comeback with the Cherokee, and Larry Ellison's enduring influence in tech, as well as legal disputes over the 'ER' spinoff 'The Pitt', a look into the ephemeral nature of toy crazes like Labubu, and the potential resurgence of shareholder voting.

• Atlantic Settles Writer’s Suit Over Article It Retracted — The New York Times Business -
• Tesla Board Chair Defend’s Elon Musk’s Humongous Pay Proposal — The New York Times Business -
• Company That Bought Publishers Clearing House Won’t Pay Past Prize Winners — The New York Times Business -

• The Irony of Corporate America’s Many Patagonia Vests — The New York Times Business -
• US listings market bursts back to life with busiest week in 4 years — Financial Times -
• Medline readies IPO in coming months in test of investor appetite — Financial Times -
• Labubu has nothing to fear from Wakuku or Lafufu — Financial Times -
• Will shareholder voting make a comeback? — Financial Times -
• Larry Ellison Is More Interesting Than Ever at 81 — Wall Street Journal -
• Is ‘The Pitt’ Really an ‘ER’ Spinoff? Michael Crichton’s Estate Says It Is. — The New York Times Business -
• Jeep’s Comeback Plan: First, Bring Back the Cherokee — Wall Street Journal -

Federal Reserve Governor Lisa Cook's Atlanta home listing draws scrutiny amidst Trump's efforts to block her from a Fed meeting, with documents appearing to contradict allegations of mortgage fraud. Meanwhile, US drugmakers lobby fiercely against potential Trump administration curbs on China, while US authorities arrest a suspect in the Charlie Kirk assassination.

• In Some Records, Fed Governor Lisa Cook Listed Atlanta Home as Secondary — The New York Times Business -
• Fed governor Lisa Cook listed contested home as vacation property — Financial Times -
• U.S. Drugmakers Warn White House of Chaos as Trump Weighs Curbs on China — The New York Times Business -

• US authorities arrest suspect in Charlie Kirk assassination — Financial Times -

Prospects for a Trump-Xi summit are clouded by tariffs and fentanyl issues, while EU merger reform faces uncertainty as its chief struggles to outline policy vision. UK Prime Minister Starmer faces pressure over the Mandelson scandal, and Nepali politics sees a former chief justice appointed PM. In other international news, Argentina's Javier Milei encounters a crisis ahead of midterms, Turkey's Atatürk party faces potential dissolution, and Japan's ruling party is criticized as being run by 'grandads', while major brands strategically downplay their American origins abroad, and Britain grapples with an asylum crisis centered on seaside hotels.

• Tariffs and fentanyl cloud prospect of Trump-Xi summit in Beijing — Financial Times -
• Pressure mounts on Starmer after more details on Mandelson scandal emerge — Financial Times -
• Antitrust chief Teresa Ribera under pressure as EU merger reform drifts — Financial Times -

• Big Brands Play Down Their Americanness Abroad — Wall Street Journal -
• Nepali former chief justice appointed PM in bid to end turmoil — Financial Times -
• Javier Milei stumbles into crisis ahead of Argentina’s crucial midterms — Financial Times -
• The crumbling seaside palaces at the centre of Britain’s asylum crisis — Financial Times -
• Is this the end of Atatürk’s party? — Financial Times -
• Japan’s ruling party run by ‘grandads’, says leader of ultraconservative Sanseito — Financial Times -

Beef prices hit record highs, benefiting cattle ranchers, as used electric vehicle sales surge due to plummeting prices. Individuals are seeking financial advice from ChatGPT and learning ways to protect money when laid off over 50, while the UK faces widespread unawareness regarding upcoming pension shake-ups. Demographic challenges are highlighted with France and Britain grappling with pensioner-centric policies and the growing problem of 'boomerang kids' and increasing rent concerns, sparking calls to focus on wealth tax reforms.

• Beef Prices Are at a Record. The Winners: Cattle Ranchers — Wall Street Journal -
• Used E.V. Sales Take Off as Prices Plummet — The New York Times Business -
• 5 Ways to Protect Your Money When You’re Over 50 and Laid Off — The New York Times Business -

• How People Are Using ChatGPT for Financial Advice — The New York Times Business -
• France and Britain are in thrall to pensioners — Financial Times -
• Stop talking about wealth taxes — make these reforms instead — Financial Times -
• ‘Boomerang kids’ and an age-old problem over rent that’s getting worse — Financial Times -
• ‘Half of UK adults unaware of upcoming pensions shake-up’ — Financial Times -

Highlights from the FTWeekend Festival 2025 offer insights from notable figures, while AI 'hit squads' in Whitehall struggle to hire top talent for efficiency drives. Michael Palin offers a glimpse of Venezuela, Josephine Baker's legacy is celebrated in Paris, and a restored Venice garden invites artists, with a new book exploring the evolving idea of 'The West' and an insider's guide to São Paulo also featured.

• From Yuval Noah Harari to Celia Imrie — highlights from the FTWeekend Festival 2025 — Financial Times -
• AI ‘hit squad’ set up to drive Whitehall efficiency struggles to hire top talent — Financial Times -
• A glimpse of a lost world: Michael Palin in Venezuela — Financial Times -

• The secret Venice garden putting down new roots — Financial Times -
• ‘Josephine Baker liberated women’s bodies’ — Financial Times -
• The West by Georgios Varouxakis — a journey from Plato to Nato — Financial Times -
• Costanza Pascolato’s insider guide to São Paulo — Financial Times -