Blackstone founder Stephen Schwarzman defended Donald Trump’s response to this year’s US poll results during an emergency meeting of senior business leaders alarmed by the president’s claims that the election is being stolen, according to several participants. About 30 chief executives — of companies as large as Goldman Sachs, Johnson &

The US has tallied more than 1m new coronavirus cases since the start of November as the pandemic accelerates in nearly all regions of the country, prompting officials to warn of a fresh strain on the healthcare system and weigh new restrictions to contain the spread of the disease.  President Donald

A small but influential group of Republicans has begun urging President Donald Trump to concede last week’s election, with a growing number using the term “president-elect” to refer to Joe Biden. Mr Trump has refused to accept his loss and continues to make baseless claims of voter fraud, while Republican

Anthony Fauci, the leading infectious disease expert in the US, predicted positive data from a second Covid-19 vaccine could come quickly on the heels of this week's strong trial results from Pfizer and BioNTech. US biotech company Moderna will begin assessing data from its Phase 3 vaccine trials “within a week”,

Joe Biden said it was an “embarrassment” that Donald Trump had not conceded defeat after losing last Tuesday’s election, although the president-elect insisted the refusal to acknowledge his victory would not hold up his transition plans. Speaking at his first press conference since he was declared the winner of last

A global equities rally extended into Asia on Tuesday as promising results from a Covid-19 vaccine trial boosted confidence in an economic recovery from the pandemic, though Chinese shares were damped by inflation data that suggested weakening consumer demand. The announcement by US drugmaker Pfizer and Germany’s BioNTech that their vaccine

President-elect Joe Biden is preparing a series of executive orders to reverse some of the signature policies of Donald Trump’s one-term presidency, after declaring victory in the 2020 US election. Mr Biden has vowed to promptly re-enter the Paris climate accord, which the US officially exited last week, when he assumes

Joe Biden said he intended to “restore the soul of America” as the president-elect delivered a victory speech in which he urged the country to come together following one of the most divisive periods in US history. Speaking in Wilmington, Delaware, on Saturday night, Mr Biden struck a note of

FT reporters Donald Trump made unsubstantiated claims about vote fraud during the US presidential election and threatened to press on with lawsuits in battleground states on Friday as his lead slipped away in the biggest prizes left on the electoral map. Here is the latest on the legal challenges that Mr Trump

Donald Trump called for vote counting to be halted in several swing states as the US waited for results from a handful of battlegrounds that will decide the presidential election. As of Thursday morning, Democratic challenger Joe Biden was within six electoral votes of victory while Mr Trump’s thin lead