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Business
ETFs viewed as large opportunity by 74% of US asset managers, poll says
Exchange traded funds, already thrashing mutual funds in the battle for new investor dollars, are beginning to challenge another bastion of the asset management industry, a survey…
Tesla to recall nearly 55,000 Model X vehicles over brake fluid detection issue
The National Highway Traffic Safety Administration (NHTSA) on Tuesday said that Tesla will recall 54,676 Model X vehicles built from 2021 to 2023 because the vehicle…
Are small businesses in big trouble?
“Higher for longer” is the market’s new mantra. The question isn’t whether costlier money will put strain on households and businesses — the stress is by design, after all — but…
Apple to offer USB-C equipped Apple Pencil with new pricing
Apple will bring USB-C to its soon-to-be-released new Apple Pencil option. The new stylus, slated for an early November debut, will mark the latest Apple product to…
‘Five Eyes’ spy chiefs warn Silicon Valley over Chinese threat
Stay informed with free updatesSimply sign up to the Cyber SecuritymyFT Digest -- delivered directly to your inbox.The heads of security services in the US, UK, Canada, Australia…
Victoria’s Secret ditches prioritizing wokeness over ‘sexiness’ after sales drop
Lingerie chain Victoria’s Secret is reportedly ditching its woke, feminist makeover of recent years as it hasn’t translated to business success. Since the brand decided to…
How will Egypt handle Gaza?
Alarm is mounting in Egypt that Gaza’s deepening humanitarian crisis will be thrust across its borders, Scotland’s first minister said the country would issue its own government…
FDA proposes ban on hair-straightening products with formaldehyde over cancer-causing chemicals
The Food and Drug Administration is considering a ban on certain hair straightening products, saying that they are linked to hormone-related cancers and can cause "long-term…
Germany caves in to French demands over EU electricity market reform
Stay informed with free updatesSimply sign up to the EU energymyFT Digest -- delivered directly to your inbox.Germany has given leeway for France to use state subsidies to fund…
Hilton Hotel in Texas cancels pro-Palestinian conference over ‘potential risks’
A pro-Palestinian conference has been canceled at a Hilton hotel in Texas amid the ongoing war between Israel and Hamas with the major hotel chain citing "potential risks" for…