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Business
HS2 cancellation cost taxpayers £2bn, report finds
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The cancellation of the second phase of the HS2…
Cinnamon recalled after testing revealed elevated lead contamination
Cinnamon shipped to stores in several states is being recalled over concerns that it's tainted with lead. ALB-USA Enterprises Inc. recalled ALB Flavor brand Cinnamon Powder!-->-->…
NHS watchdog blocks AstraZeneca breast cancer drug
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.England’s healthcare spending watchdog has blocked the…
French far-left groups suspected of being behind Olympics sabotage
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.French authorities think far-left groups could have been…
McDonald's posts weak quarterly results as higher fast food prices hurt demand
McDonald's reported a surprise drop in sales and missed Wall Street estimates for quarterly profit on Monday, as the burger giant struggled to draw in cash-strapped customers!-->-->…
McDonald’s hit by first global sales drop since 2020
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.McDonald’s has suffered its first global drop in sales…
The fast food minimum wage effect: higher prices, reduced hours
After California implemented a new law boosting the minimum wage for fast-food workers earlier this year, a majority of restaurants increased prices and cut employee hours,!-->-->…
Short sellers’ place in markets will be tested by Andrew Left charges
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Andrew Left would not be the first middle-aged finance…
A $1 million starter home is the new normal in over 200 cities
A starter home used to be considered a smaller, but more affordable option for young families and other first-time buyers looking to enter the real estate market. That may no!-->-->…
Larry Fink’s stately search for his successors
BlackRock’s Larry Fink wants everyone to know that he still loves the job.Though the chief executive and chair of the world’s largest investment manager once talked of retiring in…