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Business
Sam Bankman-Fried sues US insurer over legal bills
Receive free Sam Bankman-Fried updatesWe’ll send you a myFT Daily Digest email rounding up the latest Sam Bankman-Friednews every morning.FTX founder Sam Bankman-Fried has sued US…
Forbes richest Americans list welcomes crop of new faces
A handful of individuals reportedly became new additions to Forbes’ list of the wealthiest Americans that also continued to feature many familiar faces at the top. The…
Rishi Sunak axes northern leg of HS2 in flurry of ‘radical’ decisions
Rishi Sunak axed the northern leg of the HS2 high-speed rail line to Manchester, promised sweeping education reforms and announced a smoking crackdown as he told the Conservative…
Consumers grow unhappy with credit card perks as they spend at record levels: report
Consumer satisfaction with credit card perks is suffering as debt balances balloon to new highs, according to a recent report. Credit card rewards top the list of what consumers…
Bed Bath & Beyond: a quick capital-structure primer for Apes
Receive free Bed Bath & Beyond Inc updatesWe’ll send you a myFT Daily Digest email rounding up the latest Bed Bath & Beyond Incnews every morning.It is with a heavy heart…
Bitcoin nearly 1-year after FTX’s collapse
Bitcoin has rebounded following the collapse of crypto exchange FTX last November, rising over 42%. In the weeks leading up to and after the fall, Bitcoin dipped below the…
A toxic mix: opioid victims’ $1bn hit from repeat pharma bankruptcy
A little over a year ago, victims of the opioid manufacturer Mallinckrodt were in line for a $1.7bn payout through to 2028. At the time, the company had emerged from Chapter 11…
Two streaming services raising prices for ad-free plans
The ad-free options for two separate streaming services are reportedly seeing their subscription fees go up for users. That happened Tuesday for new subscribers of Warner…
Germany seeks ‘grand bargain’ with France over energy
Receive free EU energy updatesWe’ll send you a myFT Daily Digest email rounding up the latest EU energynews every morning.Germany is seeking a “grand bargain” with France to…
Dow now negative for year as rising yields hit stocks
U.S. stocks saw broad and steep selling on Tuesday as bond yields continued climbing, with the 10-year Treasury at the highest level in 16 years, nearing 4.7%. "That’s why we…