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Business
BMW recalls 720K vehicles with risk of water pump connector short circuit
BMW recently launched a recall of nearly 720,800 vehicles across several models in response to the risk of a short circuit by their water pump connector. The NHTSA said…
Carl Icahn’s billions in margin loans
One tragedy to start: The search is still under way for Mike Lynch, one of the UK’s best-known tech entrepreneurs, and five other individuals after a luxury yacht sank off the…
7-Eleven parent company facing possible acquisition
Alimentation Couche-Tard is looking to acquire another major convenience store player in Seven & i, owners of the popular 7-Eleven convenience store chain. The Canadian…
BT suffers blow as Sky opts for CityFibre’s network in broadband deal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BT has suffered a blow after Sky chose rival network…
Kamala Harris wants 3 million new houses built — is it feasible?
Vice President Kamala Harris is vowing to address the U.S. housing shortage with a plan she says will result in the construction of three million new housing units over four…
The US tipping system is teetering
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.In the US these days, everyone has their hand out.…
Alaska Air, Hawaiian Airlines merger clears DOJ hurdle. Will it benefit flyers?
Hawaiian Airlines and Alaska Airlines are the latest U.S. carriers seeking to merge. The airlines cleared a regulatory hurdle with the Justice Department and are now waiting…
Edgar Bronfman Jr raises $5.5bn to sweeten last-minute bid for Paramount Global
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Edgar Bronfman Jr has raised up to $5.5bn to sweeten a…
Tesla Semi battery fire in California rages at 1,000 degrees, spews toxic fumes, shuts down interstate
A Tesla Semi crashed in Northern California on Monday, triggering a hazardous materials incident after the battery ignited and sparked a raging fire that spewed toxic fumes,…
Chris Morvillo: missing trial lawyer who helped Mike Lynch walk free
Clifford Chance litigator Christopher Morvillo wrote his first LinkedIn post in June, to celebrate the acquittal of his client Mike Lynch after a 12-year legal battle. “I am so…