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Business
Inflation unexpectedly falls to 3% in June
The Labor Department on Thursday said that the consumer price index (CPI), a broad measure of how much everyday goods like gasoline, groceries and rent cost, fell 0.1% in June!-->-->…
Allen & Overy partner pay reached £2.2mn before blockbuster merger
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Top partners at UK “magic circle” law firm Allen &…
Costco hiking membership fees for first time in 7 years
It will soon cost more to be a part of the club. On Wednesday, Costco Wholesale announced plans to increase annual membership fees by $5 to $10 in the U.S. and Canada,!-->-->…
Volkswagen’s plant closure will not be Europe’s last
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.European auto investors are accustomed to bumpy rides.…
Sun Valley conference has started with many big names showing up
The 2024 edition of Allen & Company’s Sun Valley Conference started earlier in the week – and quite a few big names have made the trek to participate. Photos taken at this!-->-->…
Heathrow forced to cut airline landing fees by UK watchdog
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Heathrow airport will be forced to trim the landing fees…
Stuart Varney: Does President Biden have Parkinson's Disease?
During his "My Take" on Wednesday, "Varney & Co." host Stuart Varney discusses whether President Biden has Parkinson's disease as supporters begin to panic over his!-->-->…
EU and Apple settle long-running ‘tap-and-go’ antitrust probe
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brussels has accepted a series of measures from Apple…
Big Lots closing dozens of stores, putting survival in question
Discount retailer Big Lots expects to close "35 to 40" stores by the end of the year, according to a U.S. Securities & Exchange Commission (SEC) filing last month. In the!-->-->…
Ofwat puts Thames Water into ‘turnaround’ regime
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Water regulator Ofwat has placed Thames Water into a…