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Business
Post Office disclosure failures force delays on IT scandal inquiry
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The inquiry into the Post Office Horizon IT scandal has…
CFPB proposes federal oversight for digital wallets, payment apps
The Consumer Financial Protection Bureau (CFPB) is calling for new federal regulatory oversight of nonbank companies that offer digital wallets and payment apps to consumers.…
UK signs £4bn air defence deal with Poland
Stay informed with free updatesSimply sign up to the War in UkrainemyFT Digest -- delivered directly to your inbox.Britain has agreed a £4bn air defence deal with Poland, the…
Israeli President’s letter to US universities: Read Here
*ENGLISH READOUT: President Herzog pens letter to presidents of American universities and colleges calling for action on antisemitism American University and College …
Private equity fortunes diverge as KKR prospers while Carlyle cuts jobs
Two of the world’s biggest private equity firms have reported starkly diverging fortunes as KKR boosted its fundraising expectations while Carlyle axed jobs as part of a…
Ted Cruz alleges ‘nearly $100 billion’ has flowed from Biden White House to Iran
In a First on FOX Business interview, Texas Republican Sen. Ted Cruz criticized the Biden administration’s response to conflict in the Middle East, claiming billions of…
Ceres Power/hydrogen: hype bubble needs plenty of time to reflate
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Hydrogen is 14 times lighter than air. But market forces…
WeWork co-founder Adam Neumann calls company’s bankruptcy ‘disappointing’
Hours before WeWork filed for Chapter 11 bankruptcy protection on Monday, the company's co-founder and former chief executive, Adam Neumann, weighed in on the expected move,…
Pension experts quiz absence of bill on chancellor’s investment reforms
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Jeremy Hunt’s plans to unlock £50bn of retirement fund…
Landlord torches New York home after tenants stop paying rent, become squatters: authorities
Fire marshals in New York City have arrested a Brooklyn man who allegedly set a house on fire with a family of tenants inside – after they reportedly stopped paying rent and…