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Hollywood actor and his ‘house of friends’ set up the business just four years ago

Bear market deepens as traders losing faith in Opec’s ability to balance supplies

Anointment of ‘MBS’ as crown prince is biggest shake-up in ruling family for 50 years

Purchases slow significantly in the first three months of the year

Rising optimism can be seen in labour markets and spending as well as opinion polls

The race-based ideas of the country’s leaders have unwelcome historical echoes

Philadelphia central bank president argues for ‘pause’ during balance sheet reduction

Mitch McConnell pledges to reveal draft bill cloaked in secrecy

Analysis US

Party questions leadership and message after losing a special congressional election

Index starts small but mainland’s $7tn market will soon require heavy weighting

Forced reshuffle after scandals increases presence of women in government

US News

Former Skype boss Josh Silverman cuts another 15% from online marketplace’s workforce

Investors bet Trump administration will resist cracking down on drug prices

updated

Lexmark ink case shows chipmaker should not be ‘double-dipping’, iPhone maker argues

Latest funding is part of a surge in VC support for online security companies

Opinion

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Highlights

Lurid and luxurious, Toot aims to be the Louis Vuitton of underwear

Farmers in the US and Brazil are in a race to meet demand for livestock feed as meat consumption in China soars

The closest Mexican city to Silicon Valley wants to innovate, not emulate

Markets News

Chinese equities rise after inclusion in MSCI Emerging Market index

updated

Bear market deepens as traders losing faith in Opec’s ability to balance supplies

Decision on benchmark a milestone in Beijing’s efforts to attract foreign funds

Technology

Investors divided after CEO’s resignation follows exit of other senior leaders

Analysis Technology

Opinion split over whether exit will help right the company after months of turmoil

Life & Arts