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Business
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…
Archegos founder Bill Hwang found guilty over fund’s collapse
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A New York jury has found former Wall Street trader Bill…
Samsung's main union in South Korea to go on strike indefinitely
Samsung Electronics' largest labor union in South Korea said Wednesday that it will continue its strike indefinitely as it presses the tech giant to increase pay and benefits…
Russia unleashes fresh crackdown on the Moscow Times
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Russia has declared the Moscow Times, one of the…
Airlines must pay compensation if pilots call in sick, UK Supreme Court rules
Stay informed with free updatesSimply sign up to the AirlinesmyFT Digest -- delivered directly to your inbox.UK airlines face the prospect of paying out millions of pounds in new…