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Business
OpenAI raked in over $1.6 billion in revenue this year amid CEO Sam Altman drama
OpenAI raked in $1.6 billion in annualized income in 2023 according to The Information, which cited people with knowledge of the figure. The figure, up from $1.3 billion in…
McDonald’s Malaysia sues pro-Palestinian group for Israel boycott: report
A pro-Palestinian group which has been leading boycotts against companies it says are supporting Israel in its bombardment of Gaza, is being sued by McDonald's Malaysia for…
Toyota subsidiary shuts down production after admitting to decades of safety test ‘irregularities’
A Japanese car manufacturer has temporarily shut down production after admitting to decades of fraudulent safety test results. "We recognize the extreme gravity of these…
Fifa halts new regulations for football agents
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Fifa has abruptly suspended new global regulations for…
Flooding forces Eurostar to scrap cross-channel journeys
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Thousands of travellers faced severe disruption on…
2024 Year Ahead: Stocks to watch, Fed’s rate cuts, IPOs rebound and Bitcoin ETF?
IN THIS WEEK'S EDITION, A LOOK AHEAD AT 2024 -Stocks cinched some records in 2023, what's ahead for the election year? -When may the Federal Reserve begin its rate cuts?…
Rate of airfare increases slows in 2023
Stay informed with free updatesSimply sign up to the AirlinesmyFT Digest -- delivered directly to your inbox.The runaway rise in air fares driven by the sharp rebound in…
Taylor Swift, Kim Kardashian built billion-dollar business empires
Taylor Swift and Kim Kardashian shined a spotlight on female celebrities in the business world in 2023. Swift, 33, became a billionaire as she completed the first year of "The…
US national debt nears $34 trillion; majority of voters say economy is in bad shape
The U.S. government’s total debt was fast approaching $34 trillion as of Friday afternoon, according to the latest numbers from the U.S. Treasury. The Treasury reported…
Four ways to sort out your financial life in 2024
This article is the latest part of the FT’s Financial Literacy and Inclusion CampaignFollowing a year of financial shocks and budget squeezes in 2023, you may well be resolving to…