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Business
UK pension plans overpay £1.5bn in fees to fund managers
Stay informed with free updatesSimply sign up to the Pensions industrymyFT Digest -- delivered directly to your inbox.UK pension plans are paying £1.5bn a year more in fees to…
Baby boomers bring big bucks to fastest-growing city in America: 'We're not dead yet'
Georgetown, Texas, is the place to be, at least if you're of a certain age. Thanks to a surge in baby boomers moving into the city just 40 miles north of Austin, it's the…
Smart tractors can’t steer out of this agricultural slump
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Agricultural angst is percolating through the food chain.…
Tire falls off United Airlines plane during takeoff at LAX, 2nd time in months
For the second time in less than three months, a United Airlines flight has lost a part during takeoff from a California-based airport. Around 7 a.m. on Monday, United…
FirstFT: Paramount’s new owner outlines vision for storied Hollywood studio
Good morning. Just a day after agreeing to buy Paramount, the Hollywood studio with roots in the silent film era, David Ellison has said he wants to turn it into a modern media and…
Companies are beefing up 'emotional salary' to address today's disengaged workers
Not surprisingly, these workers identify compensation as their No. 1 reason to job hunt in 2024, she said.‘BUSY BRAGGING’ WORKPLACE TREND HAS EMPLOYEES RETHINKING THEIR OFFICE…
Temasek to prioritise US deals and stay cautious on China
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Singapore’s state-owned fund Temasek has said it will…
Malibu mansion featured on ‘Real Housewives of Beverly Hills’ selling for $35M
David Foster and Yolanda Hadid's former Malibu home is officially for sale. The home, previously featured on "The Real Housewives of Beverly Hills," sits on 3.25 acres and…
BP to take $2bn charge tied to German refining operations
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BP said it would take an impairment of up to $2bn in the…
Spirit non-alcoholic mixes produced in unlicensed, uninspected facility recalled
A West Coast beverage company is recalling non-alcoholic drink mixes that were produced in an unlicensed and uninspected facility, and "may cause health risks." According to…