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Business
Ford Motor Co., Stellantis lays off workers, says dismissals are ‘direct result’ of UAW strikes
Following the expanded United Auto Workers (UAW) strikes, Ford Motor Co. and Stellantis announced Thursday that they are laying off additional workers from two plants as a…
Rentokil Initial: valuation gap with US peers will be a tricky bug to squash
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.How can UK-listed pest controller Rentokil Initial…
Steph Curry and Marc Lasry head West Coast team in Woods-McIlroy golf league
The fifth team in Tiger Woods and Rory McIlroy’s futuristic golf league has been revealed, and billionaire Marc Lasry and NBA star Stephen Curry are among its owners. TGL…
Early days of UK’s state aid scheme reveal weaknesses
Good afternoon. After the hot air of the party conference season, I wanted to go back today to some post-Brexit nitty gritty, and revisit a policy area — subsidy control — that was…
Illinois company recalls 61,000 biometric gun safes over potentially deadly malfunction
Naperville, Illinois-based Fortress Safe announced the recall of nearly 61,000 biometric gun safes because of a serious safety hazard, and potentially deadly malfunction that…
Manchester United is a tarnished trophy asset
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is senior adviser, Sequoia Heritage When the…
Americans’ net worth grew 37% after pandemic hit: Fed survey
American families posted double-digit percent increases in their real median net worth over the past three years, the Federal Reserve found. The real median family net worth…
UK consumer confidence plunges amid higher mortgage and rental costs
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A closely watched UK consumer confidence survey has…
LARRY KUDLOW: There is no Hamas without Iran
All eyes on President Joe Biden tonight, as he addresses the nation regarding the Israeli war, but the president will also speak on Ukraine, and possibly roam around the…
FirstFT: Pentagon accuses China of rapidly expanding nuclear arsenal
Stay informed with free updatesSimply sign up to the Global EconomymyFT Digest -- delivered directly to your inbox.Good morning. China appears to be accelerating the expansion of…