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Business
Elon Musk pushes back on reports that he's donating $45M a month to super PAC backing Trump
Billionaire Elon Musk is denying reports that said he is donating $45 million a month to a super PAC supporting former President Trump each month leading up to the November!-->-->…
FirstFT: Tesla profits slip as Elon Musk delays ‘robotaxi’ launch
Good morning. Is the tide finally turning for London’s ailing stock market? We have new data that could shed some light, as well as updates on Kamala Harris’s campaign.But first,…
Chick-fil-A dethroned: These are the top fast food restaurants in the US
Del Taco was named the top U.S. fast-food chain, nabbing the title from Chick-fil-A in the process. The California-based Mexican fast-food chain received the No. 1 spot on!-->-->…
Is commercial real estate over the hump?
Good morning. Alphabet reported a 14 per cent jump in revenue yesterday, while Tesla fell short of expectations with just a 2 per cent increase. Google fell a little and Tesla fell…
FAA probing low-flying Southwest Airlines Boeing flight over Florida
The Federal Aviation Administration (FAA) is investigating a Southwest Airlines flight that flew at a very low altitude over its intended destination before landing somewhere!-->-->…
Gen Z can help Amex keep its premium billing
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.American Express has been on a tear. Shares in the credit…
Italian estate with historic 'Mona Lisa' connection hits the market for $19.66M
An Italian villa built in the 1300s is on the market in Scandicci, Italy — with an asking price of $19.66 million. The astounding estate was once home to the family of!-->-->…
Lex Greensill accused of misconduct and ‘misrepresentations’ by UK government
The UK Insolvency Service has accused Lex Greensill of misconduct in dealings that led to $440mn of losses for a Credit Suisse investment fund and of making “misrepresentations” in…
GM indefinitely pauses Cruise Origin autonomous vehicle while it refocuses unit
General Motors is forgoing plans to produce its autonomous cab Cruise Origin indefinitely as it refocuses efforts on the troubled unit. GM CEO Mary Barra told shareholders on!-->-->…
UPS sees consumers trading down as new ecommerce sites hit profits
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US consumers’ embrace of low-cost ecommerce sites brought…