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Business
Elon Musk planning STEM-focused school, university in Texas
Billionaire Elon Musk has set his sights on his next venture- a new primary and secondary school, and ultimately a university, in Austin, Texas, according to reports by…
Vivendi: break-up would reward Bolloré family with rule of three
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.If Vivendi today were the Rolling Stones then Mick Jagger…
Wisconsin Taco John’s bans unsupervised kids after unruly behavior
Following a recent string of incidents, a Wisconsin Taco John's implemented a new policy that bans "unsupervised minors" from the restaurant. According to the new policy…
A quant winter’s tale
Clifford Asness’s office is an odd mix of finance old-timer and teenage bedroom. Books about Churchill stand alongside DC Comics encyclopaedias, the sea of family photos is dotted…
Yellen says China’s economic practices ‘unfair,’ encourages healthy competition with US
Treasury Secretary Janet Yellen urged China to shift from a state-driven approach in economic policy to healthy competition with the United States, saying that their current…
Thousands of UK pension schemes to benefit from levy cut
Stay informed with free updatesSimply sign up to the Workplace pensionsmyFT Digest -- delivered directly to your inbox.Almost all of the UK’s 5,200 “final salary” style company…
General Motors slashing workforce at two Michigan plants
General Motors will lay off a total of 1,314 employees at two factories in Michigan in connection to ending production of vehicles, according to the Detroit Free Press. GM…
British Airways turns to AI to improve flight operations
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.British Airways is turning to greater use of artificial …
Hermès heir plans to give $7 billion fortune to his 51-year-old gardener
Nicolas Puech, the 80-year-old heir to the French luxury brand Hermès fortune, is reportedly planning to distribute his wealth to his 51-year-old gardener, who he also intends…
UK consumer confidence rises to 3-month high
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK consumer confidence rose for the second consecutive…