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Business
Chinese battery industry faces consolidation wave
A wave of consolidation has swept across China’s battery industry, leading to cancelled investments and the exits of smaller players even as leaders CATL and BYD push ahead with…
Kamala Harris' campaign website has no economic plans
Vice President Harris on Tuesday selected Minnesota Gov. Tim Walz as her running mate after officially securing the Democratic Party nomination on Monday – but her campaign…
Team USA Olympic golfer Lilia Vu: How much has she earned on LPGA Tour?
Lilia Vu will be making her Olympic debut representing Team USA at the Paris Olympic Games. Vu, 26, is the daughter of two Vietnamese immigrants. She grew up in Fountain…
Chancellor to announce plans to create ‘Canadian-style’ pension model
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Chancellor Rachel Reeves will on Wednesday meet bosses of…
LARRY KUDLOW: Bernie Sanders is hitting two-for-two with the Democratic ticket
Vice President Kamala Harris finally chose Minnesota Gov. Tim Walz as her ticket-mate. He was the first choice of Sen. Bernie Sanders, the avowed Vermont socialist. That may…
Axios eliminating roughly 50 positions because of ‘tectonic shifts in the media’ industry
Axios informed staffers on Tuesday that 50 people at the company would be laid off because of "tectonic shifts" in the American media industry. Axios, which launched in 2016…
Disney streaming prices going up in October
Streaming content on Disney+, Hulu and ESPN+ will soon become pricier in the U.S. Disney said Tuesday it plans to increase how much it charges for subscriptions to its three…
Two more former Wirecard executives charged in sprawling criminal investigation
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Wirecard’s former chief financial officer Alexander von…
Americans owe a record $1.14T in credit card debt as inflation squeezes
Americans are increasingly turning to their credit cards to cover everyday expenses, with debt hitting a new record high at the end of June, according to a New York Federal…
Private capital groups hit and hope in rush to deploy billions
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Jon Gray has insisted for some time that Blackstone,…