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Business
Ofwat says nine water companies must not pay bonuses out of bills
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK water regulator Ofwat said on Thursday that nine…
California taxpayers paying nearly $20M for wireless electric charging project at UCLA
Wireless electric vehicle (EV) charging is coming to a Southern California university's streets with a hefty price tag that taxpayers are footing much of the bill for. The…
The three big market uncertainties
Good morning. Target’s earnings report was bad. We’d like to see this as a timely confirmation of our argument in the last letter, which said the US consumer was getting a bit less…
Boeing to lay off 2,200 Washington workers in coming months
Boeing is set to lay off 2,199 workers in the state of Washington in the coming months, with some losing their jobs just days before Christmas. The aviation company notified…
US fraud charges roil Adani’s empire
One major prison sentence to start: Former Wall Street trader Bill Hwang has been sentenced to 18 years in prison, capping an extraordinary fall from grace for the Archegos founder…
Tom's of Maine toothpaste made with bacteria-contaminated water, FDA says
Federal officials discovered "significant violations" at Tom's of Maine's manufacturing facility, including using water contaminated with bacteria to produce some of its…
UK merger regulator to explore deal remedies after anti-growth criticism
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK’s competition watchdog will explore waving through…
Lauren Sanchez is tight-lipped about wedding plans with Jeff Bezos
Lauren Sanchez kept it brief when responding to questions about her wedding planning with Amazon founder Jeff Bezos during an interview on the "Today" show. Sanchez, an…
UK military to scrap older warships and helicopters in £500mn saving drive
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK will retire ageing helicopters and sea vessels…
Lifelong Jaguar customer troubled by 'baffling' 'woke' rebrand: 'Going in a very sad…
Jaguar is facing backlash after announcing a rebrand of its luxury car company on Tuesday, with a longtime customer worrying the brand is headed in a "sad" and "troubling"…