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Business
Millions to get higher Social Security payments under new law
President Biden on Sunday signed a measure into law that will boost Social Security payments for nearly 3 million current and former public employees. Biden signed the Social…
Shawbrook owners target £2bn valuation as they weigh sale or IPO
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shawbrook’s private equity owners are considering a sale…
Mid-Atlantic winter storm creates hazardous travel conditions
The first major winter storm of 2025 is hitting parts of the U.S. with blizzard conditions and freezing rain, creating hazardous travel conditions. Officials from the National…
KKR urges Fuji Soft to take legal action against Bain in $4bn takeover fight
Stay informed with free updatesSimply sign up to the Private equitymyFT Digest -- delivered directly to your inbox.KKR has called on the board of Fuji Soft to take legal action…
LA vegan restaurant that started serving meat closes after 14 years
A Los Angeles restaurant that started as vegan but began serving meat last year is closing after 14 years in business. The last day of business for Sage Regenerative Kitchen…
Nippon Steel and US Steel sue after Joe Biden blocks $15bn deal
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldNippon Steel and US Steel have filed two lawsuits in the…
Nippon Steel says it's suing Biden admin for blocking US Steel acquisition
Nippon Steel and U.S. Steel have filed a lawsuit challenging the Biden administration's order to block the nearly $15 billion deal for the Japanese company to buy the American…
Tesla, BYD, and a two-speed global transition
Welcome back. For a sobering take on the EU’s green push, take a look at this FT interview with Frans Timmermans, the former European Commission vice-president who spearheaded its…
Snowstorm cancels more than 1,000 flights, delays hundreds of others across US
More than 1,000 flights were canceled, and hundreds of others were delayed across the U.S. on Monday after a winter storm blasted a large part of the country with heavy snow…
Trump’s ambitious oil plans will not derail Russia
Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldThe writer is a senior fellow at the Carnegie Russia…