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Business
Owners of famous Philly cheesesteak chain sentenced in $8M tax fraud scheme
The owners of the famous Philadelphia Cheesesteak restaurant Tony Luke’s were sentenced to prison for tax fraud on Thursday after concealing over $8 million over the course of…
Jeff Bezos still using homemade door desk from Amazon’s early days
Amazon founder Jeff Bezos is still using one of the original desks he made out of a door to save money shortly after founding the company to this day, according to a social…
Beverly Hills home renovations blocked over lack of affordable housing
It is one of the country’s most exclusive and expensive area codes and home to stars like Leonardo DiCaprio and Taylor Swift. But soon Hollywood’s elite may no longer be…
‘It’s by design, not by luck’: Man Utd’s new CEO on the strategy behind his former club City’s treble win
Manchester City’s stars Erling Haaland and Kevin De Bruyne are the envy of every football club. But Manchester United have raided their local rival for their new chief executive to…
Channel 4 lines up more than 200 job cuts
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Channel 4 is set to announce more than 200 job cuts as…
Working class will vote for Biden over Trump, UAW president argues
The president of the United Auto Workers (UAW) claimed Sunday that an overwhelming majority of working-class Americans will side with "the truth" and support President Biden…
JPMorgan reshuffle sparks fresh bets in Dimon succession sweepstakes
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.When JPMorgan Chase’s top 300 employees gather in Florida…
Elon Musk’s X to hire 100 content moderators in Austin this year
Elon Musk’s X is in the process of hiring 100 content moderators for a new office in Austin, Texas, that will focus on fighting child abuse online on the social media…
Western nations need a plan for when China floods the chip market
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is the author of ‘Chip War’, a professor at…
UK government could launch NatWest retail offer by mid-year
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK government could kick off a sale of NatWest shares…