PE funding and the true cost of obesity | Letter


US agency investigates Nike for alleged discrimination against white workers
The US Equal Employment Opportunity Commission (EEOC) has launched an investigation into Nike over allegations that the sports giant discriminated against white employees and job applicants.The federal agency is demanding that Nike turn over information related to the allegations, including the company’s “Diversity, Equity, and Inclusion-related 2025 Targets and other DEI-related objectives”, it announced on Wednesday.Nike, which described the escalation as “surprising and unusual”, insisted that it adheres to “all applicable laws” on discrimination. It comes amid a broader crackdown by Donald Trump’s administration on diversity initiatives, which he has repeatedly decried as “radical”.“When there are compelling indications, including corporate admissions in extensive public materials, that an employer’s Diversity, Equity, and Inclusion-related programs may violate federal prohibitions against race discrimination or other forms of unlawful discrimination, the EEOC will take all necessary steps – including subpoena enforcement actions – to ensure the opportunity to fully and comprehensively investigate,” said EEOC chair, Andrea Lucas

GSK, take two: the bullish tone at the top is finally more convincing | Nils Pratley
It’s a miracle. A mere 25 years after Glaxo Wellcome and SmithKline Beecham merged to form GSK, the share price on Wednesday got back to where the combo started life – a shade over £20. It has been a very long wait.A quarter of a century ago, the bosses of the day spoke about creating a “Microsoft of the pharmaceutical world” that would develop new medicines in never-seen-before quantities at faster speeds. A vast new head office in west London was opened by Tony Blair in 2002 to mirror the ambition

Google parent earnings beat projections amid plans to invest deeply in AI
Google’s parent company, Alphabet, beat Wall Street expectations on Wednesday, and is planning a sharp increase in capital spending in 2026 as it continues to invest deeply in AI infrastructure.Alphabet on Wednesday reported profit of $34.5bn in the recently ended quarter, as revenue from cloud computing soared 48%.The company also forecast spending between $175bn and $185bn this year, a figure much higher than analysts’ expectations of roughly $115bn.In an earnings call, investors pressed Alphabet’s chief executive, Sundar Pichai, on the significant increase

Condemnation of Elon Musk’s AI chatbot reached ‘tipping point’ after French raid, Australia’s eSafety chief says
The eSafety commissioner, Julie Inman Grant, says global regulatory focus on Elon Musk’s X has reached a “tipping point” after a raid of the company’s offices in France this week.The raid on Tuesday was part of an investigation that included alleged offences of complicity in the possession and organised distribution of child abuse images, violation of image rights through sexualised deepfakes, and denial of crimes against humanity.A number of other countries – including the UK and Australia – and the EU have launched investigations in the past few weeks into X after its AI chatbot, Grok, was used to mass-produce sexualised images of women and children in response to user requests.Inman Grant told Guardian Australia: “It’s nice to no longer be a soloist, and be part of a choir.“We’ve been having so many productive discussions with other regulators around the globe and researchers that are doing important work in this space,” she said

Welcome to new cold war as world descends on Italy amid global political chaos | Sean Ingle
A short stroll from where the grandees of the International Olympic Committee are staying in Milan sits the Museum of Illusions – a place devoted to magic and misdirection. Mirrors distort. Perspectives shift. And nothing is quite what it seems. It is an apposite metaphor for these Winter Olympics, which officially open in Italy on Friday

Dupont’s France return can rock Ireland’s unstable foundations in Six Nations opener
The Six Nations is kicking off on a Thursday this year to avoid a direct clash with the Winter Olympics opening ceremony. In at least one key respect, even so, the two events are perfectly aligned: one early stumble for France or Ireland and a potentially painful descent awaits.Despite the possibility of first‑night nerves and some Parisian drizzle it should still make for more intriguing viewing on ITV1 than the alternative of Dragons’ Den and The Apprentice on BBC One. Unless, of course, France are so far out of sight inside 40 minutes that they cannot be caught and the audience are free to switch over in good time to watch Sir Alan Sugar say: “You’re fired!”That was pretty much Wales’s fate at this stage 12 months ago. By half-time in the 2025 tournament’s opening fixture, France were 28-0 ahead and cruising

New York City’s real animal welfare crisis isn’t the Westminster Dog Show | Lauren Caulk

Team GB’s best chance of Winter Olympics gold dealt major blow after helmets ban

Skinning, boot-packing and downhill skiing: welcome to skimo at the Winter Olympics

Doberman named Penny takes Westminster’s best in show as Catherine O’Hara honored

Winter Olympics results from Milano Cortina 2026

Winter Olympics: full schedule for Milano Cortina 2026