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Business
Chinese social media sensation Xiaohongshu wins major foreign VC backing
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Xiaohongshu, China’s fastest-growing social media…
Crypto leaders meet with Biden adviser, lawmakers to address regulatory tensions
Heavy hitters from the $2 trillion cryptocurrency industry met with a senior White House official in Washington D.C. on Wednesday to voice their frustration about the Biden…
NHS waiting lists for joint replacements far worse than pre-pandemic
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Waiting times for hip and knee replacements in England…
US Olympic breakdancer Sunny Choi talks blooming partnership with wellness brand
Sunny Choi is about to enter a summer of firsts. It will be the first time she has represented the United States in the Olympics and the first time breakdancing, better known…
Citigroup fined $136mn for compliance failures in further blow to overhaul
Stay informed with free updatesSimply sign up to the US banksmyFT Digest -- delivered directly to your inbox.Citigroup will pay $135.6mn to US banking regulators for failing to…
LARRY KUDLOW: Give Biden the union elites, while Trump takes the rank-and-file
Joe Biden met with the AFL-CIO union leaders today, repeating his boast that he’s the most pro-union president in American history. So you say, Mr. Biden, but we shall see.…
UK to lose the most millionaires by 2028, says UBS
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK is set to lose the most millionaires of any…
Elon Musk wins dismissal of $500M severance suit filed by fired Twitter workers
Billionaire Elon Musk won the dismissal of a lawsuit brought by former employees of Twitter who were seeking $500 million in severance payments that Musk allegedly declined to…
UK plans to put failing water companies into ‘special measures’
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The government is drawing up plans to put failing water…
Alaska increases cruise tourism limits as residents argue peace of mind versus economy
Alaska will consider a new policy to limit the number of visitors to its capital, Juneau, amid concerns about the impact of overtourism, expanding on measures introduced last…