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Business
Microsoft sales beat estimates as customers prepare for AI rollout
Microsoft on Tuesday beat Wall Street estimates for fiscal first-quarter results in all segments, driven particularly by strength in its cloud-computing and PC businesses. The…
Lessons to learn from the CAB Payments debacle
Craig Coben is a former global head of equity capital markets at Bank of America and now a managing director at Seda Experts.“I need a hero,” sings Bonnie Tyler. “I’m holding out…
Colorado business pays $23.5K settlement with 6,500 pounds in coins: reports
A Northern Colorado welder who agreed to settle a lawsuit filed by another welder paid the settlement amount of $23,500 that was agreed upon, in quarters, nickels, dimes and…
Shorter US settlement times have European ETFs rushing to be ready
A decision by the US Securities and Exchange Commission to shorten the period for settling bond and share trades — from two days to just one — has prompted a burst of activity in…
Georgia woman wins $3M settlement for hot coffee spill at Dunkin’ in 2021
A Georgia woman has been awarded $3 million in a lawsuit settlement after allegedly being severely burned by a piping-hot cup of coffee served to her at a Dunkin' drive-thru.…
GM says strike has cost $800mn as 5,000 more workers walk out
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.General Motors said the US carworkers’ strike was costing…
Google’s ad business beat expectations but Cloud miss knocks stock in after-hours trading
Google’s parent company Alphabet on Tuesday released its third quarter earnings which beat analysts’ financial estimates despite heavy investment in artificial intelligence…
Japan equity fees top China for the first time since 1999
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Japan has surpassed China as a driver of investment…
Man jumps into Disney World’s EPCOT lagoon after $6,000 bet: ‘You’re gonna get kicked out!’
A visitor at Walt Disney World jumped into a lagoon at EPCOT on Monday after being warned that he could be kicked out of the park. Brendan and Gwyn who run the Instagram…
FirstFT: China ousts defence minister two months after disappearance
Stay informed with free updatesSimply sign up to the Global EconomymyFT Digest -- delivered directly to your inbox.Good morning. China has officially removed Li Shangfu as defence…