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Business
Many Americans preparing for a recession despite signs that say otherwise: survey
Many consumers continue to prepare for an economic recession despite predictions that the U.S. is headed for a soft landing, according to a recent survey. Some Americans (40%)…
Executive at WPP-owned agency detained in Shanghai police raid
Stay informed with free updatesSimply sign up to the Chinese business & financemyFT Digest -- delivered directly to your inbox.Chinese police have raided the Shanghai offices…
What is phenylephrine and why is CVS pulling products containing it?
Consumers might not recognize the drug phenylephrine, which has been making headlines in recent weeks. However, it's used for temporary relief of nasal congestion since being…
Tale of emperor whose ineptitude ended his dynasty unnerves Chinese censors
Stay informed with free updatesSimply sign up to the Chinese politics & policymyFT Digest -- delivered directly to your inbox.A Chinese reprint of a book about an emperor who…
AI set to transform the restaurant industry
Generative artificial intelligence is now in the restaurant industry, and that could mean major changes in operations and customer experience. Earlier this month, Domino's…
Lotus EV unit warns of China risks ahead of Spac listing
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The electric vehicle arm of Lotus has disclosed a $353mn…
Gas prices dip lower and could drop more if oil prices hold steady: AAA
Drivers saved an average of $5 every time they fueled up this week thanks to the continued dip in gasoline prices, according to AAA. That should be a welcomed relief to drivers…
Investors’ Chronicle: Whitbread, N Brown, Bellway
BUY: Whitbread (WTB)Supply and demand dynamics are playing in the company’s favour, writes Christopher Akers.Whitbread’s shares have climbed by a third over the past year, helped…
AmEx’s third-quarter profit beats estimates on buoyant spending
Credit card giant American Express on Friday reported third-quarter profit that beat expectations, helped by resilient spending from its wealthy customers who shrugged off…
Avanti to cut services on some of UK’s busiest intercity routes before Christmas
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Avanti West Coast is cutting the number of trains running…