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Business
Over 3 million people in Florida are without power: here are the challenges in one hard-hit county
Hurricane Milton left more than three million Florida residents without power when it tore across the state overnight Wednesday, and officials are pleading for patience as…
Jupiter warns of further outflows ahead of star stockpicker’s exit
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Jupiter said investors pulled £1.6bn from its value funds…
Elon Musk’s robo-plan is all destination and no road map
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.One of Elon Musk’s most consistent features is his…
Recent banking turmoil exposed flaws in liquidity rules, say regulators
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Global rules on how much liquid assets banks should have…
Florida's property tax rebate program can help hurricane victims
Florida homeowners impacted by the massive destruction from Hurricanes Helene and Milton may apply for a break on their 2024 property taxes, the state's chief financial…
Stefano Cantino, the Gucci executive with the hardest job in luxury
Weeks after joining Gucci as deputy chief executive in May, Stefano Cantino rubbed shoulders with stars and owner Kering’s top brass as the Italian brand took over London’s Tate…
Mortgage rates surge higher, further hurting demand
Mortgage rates jumped markedly this week, sending demand down for a second straight week. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that…
CPPIB managing director who charged £11,700 to corporate card awarded damages
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Canada Pension Plan Investment Board has been…
Safety tips for using portable generators
The Consumer Product Safety Commission (CPSC) is warning residents affected by Hurricane Milton, particularly those who have lost power, that improper use of portable…
Elon Musk unveils Tesla’s ‘Cybercab’ robotaxis
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Elon Musk has shown off his “Cybercab” in an eagerly…