FT News in Focus

Phil Gordon, one of Hillary Clinton's foreign policy advisers, tells the FT's Gideon Rachman how the alleged involvement of Russian hackers in the leak of Democratic party emails could revive tension between Washington and Moscow and affect November's vote.

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Lex writer Sujeet Indap explains why Verizon's $4.8bn acquisition of Yahoo's core operating business is a good deal for the US telecom giant and what it means for Yahoo. Visit FT.com for more on the story.

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The FT's Cardiff Garcia reports from Munich where a lone gunman killed nine people in an attack near a shopping centre on Friday evening before taking his own life. Visit FT.com for more on the story.

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In an economic climate of low interest rates and choppy capital markets, US banks are struggling to improve their day-to-day operations. The FT's Ben McLannahan and Alistair Gray discuss the forces restricting revenue growth at the big Wall Street banks, and what to expect in the second half of the year. Music by Kevin MacLeod.

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With the expected departure of Roger Ailes from Fox News Channel, Financial Times editor Lionel Barber and media correspondent David Bond discuss what’s at stake for the future of 21st Century Fox, a key part of Rupert Murdoch’s global media empire.

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The UN-backed government in Tripoli is close to pushing Islamic State fighters out of the coastal city of Sirte, considered one of the terror group's most important bases outside of Syria and Iraq. But with little sign of a return to stability across the country, Martin Kobler, the German career diplomat appointed to oversee the peace process in Libya, worries that the problem may simply be displaced elsewhere. He spoke to the FT's Heba Saleh about Libya’s wide-ranging problems during a recent visit to Cairo.

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The FT's James Fontanella-Khan travels to Saylorsburg, Pennsylvania, for a rare interview with Fethullah Gulen, the man Turkish President Recap Tayyip Erdogan accuses of masterminding the failed coup that rocked Turkey. Erdogan's clash with a 75-year-old living in remote Pennsylvania has put in jeopardy America’s ties with a key ally in its fight against Isis. Visit FT.com for more on this story.

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Devotees love spreadsheets for their directness. You click the formula that you want, edit it instantly and it updates, live. But their use can also lead to problems, as the UK retailer Marks and Spencer recently discovered to its cost. Columnist Lisa Pollack reports on the latest attempts to make spreadsheets more formal and professional

For a related column on this topic, visit's Lisa's page on ft.com.

Music credits: Whispering Through by Asura and Our Ego [Feat. Different Visitor] by Broke For Free

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SoftBank, the Japanese telecoms giant, has agreed to buy UK-based chip designer Arm Holdings in a deal worth more than $32bn. It's an enormous bet by chief executive Masayoshi Son that the UK company will make Softbank a leader in one of the next big markets, the “internet of things”. Chris Nuttall discusses the timing of the deal and what it means for both companies with Arash Massoudi, who covers mergers for the FT and Richard Waters, West Coast Editor. Picture credit: Charlie Bibby

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Turkey has sacked thousands of police officers and detained up to 8,000 in the wake of a failed coup in which some 290 people were killed. The government's political opponents came out against the attempted coup but are criticising the crackdown as an overstep in power. Erika Solomon reports for the FT from Istanbul

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