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Business
Starbucks North America CEO retires after five months in the role
The chief executive of Starbucks North America, Michael Conway, has decided to retire and he will not be replaced, the coffee giant said Monday. Starbucks said on its website!-->-->…
L&G to sell Cala Homes to buyout firms for £1.35bn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Legal & General has agreed to sell Cala Homes to…
Instagram releases teen accounts with built-in privacy, parental controls
Instagram on Tuesday announced the launch of new privacy and parental controls for teenagers on the platform to address rising concerns about the negative impacts of social!-->-->…
The FTC’s fight to stop an $8.5bn American fashion takeover
Michael Kors debuted his latest collection at New York Fashion Week last Tuesday before a star-studded crowd including Vogue’s Anna Wintour. Just blocks away, the curtain rose on a…
Fed Chair Powell speaks at Jackson Hole
In what may be his most upbeat speech in months, Federal Reserve Chairman Powell signaled it is likely appropriate to begin cutting interest rates. This according to prepared…
When private equity is the friendly choice
One scoop to start: BlackRock is preparing to launch a more than $30bn artificial intelligence investment fund with technology giant Microsoft to build data centres and energy…
Alaska-Hawaiian merger clears DOT, must preserve rewards miles and routes
The Department of Transportation (DOT) has approved the merger between Alaska Airlines and Hawaiian Airlines, provided that both carriers agree to certain conditions such as!-->-->…
FirstFT: Nine killed and thousands injured as Hizbollah pagers explode in Lebanon
Good morning. We have several pieces below on the EU antitrust and competitiveness debate, including an exclusive story about a huge fine expected for Meta, an interview with…
Volkswagen recalls vehicles for doors opening unexpectedly while driving
The National Highway Traffic Safety Administration announced the recall of nearly 99,000 Volkswagen ID.4 electric crossover SUVs because the door handles may unexpectedly open!-->-->…
Switzerland’s SIX explores launching crypto exchange
Stay informed with free updatesSimply sign up to the CryptocurrenciesmyFT Digest -- delivered directly to your inbox.The Swiss stock exchange is exploring the creation of a venue!-->!-->…