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Business
Titanic shipbuilder Harland & Wolff probes £25mn ‘misapplication’ of funds
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shipbuilder Harland and Wolff is investigating the…
Inflation hits 2.5% in August, keeping the Fed on track to lower interest rates
The annual inflation rate in August continued to inch towards 2%, the target inflation rate the Federal Reserve has set, according to the Consumer Price Index (CPI) released by…
Boeing faces cash crunch as machinists’ strike weighs on production
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A strike at Boeing has cast doubt on the company’s…
OpenAI says its new models can reason and think ‘much like a person’
ChatGPT creator OpenAI has rolled out a new series of artificial intelligence models designed to reason through more difficult tasks similarly to how humans do. The…
Soaring coffee prices have Italians ‘afraid and panicking’
Italians are in a froth over the future of their cheap espressos as global coffee bean prices surge.Long accustomed to ultra-affordable shots — prices were once even regulated by…
Uber to offer driveless rides with Waymo in Austin, Atlanta
Alphabet-owned Waymo and Uber are expanding their partnership and will begin offering driverless rides in Austin and Atlanta starting next year. In early 2025, the company…
Buyout executives say distributions are ‘magic word’ after exit slowdown
Stay informed with free updatesSimply sign up to the Private equitymyFT Digest -- delivered directly to your inbox.European buyout executives are prioritising distributing cash to…
Boar's Head discontinues product, closes facility linked to listeria outbreak 'indefinitely'
Boar's Head announced on Friday that it is ‘indefinitely’ closing the Virginia manufacturing plant that's been linked to the deadly listeria outbreak. "Given the seriousness…
Murdoch vs Murdoch: the legal battle dividing media’s first family
The future of the Murdoch media dynasty, a powerful empire that has shaped conservative politics across the English-speaking world for decades, is about to be hashed out in an…
United Airlines inks deal with SpaceX to provide free in-flight Wi-Fi through Starlink
United Airlines reached a deal with Elon Musk's SpaceX to provide free Wi-Fi service on all its planes through SpaceX subsidiary Starlink, a broadband satellite service. The…