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Business
Biden admin releases EV guidance opening door for Chinese firms to cash in on taxpayer-funded subsidies
The Biden administration released long-awaited guidance Friday morning aimed at helping automakers and consumers determine which electric vehicles (EV) are eligible for…
Poland’s incoming coalition faces early test with energy bill
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Donald Tusk has signalled a sharp shift towards green…
Virgin Atlantic CEO says leisure travel remains robust, expects to return to profitability in 2024
2024 will be a hard year to predict, Virgin Atlantic CEO Shai Weiss told FOX Business when asked about his expectations on demand in the new year. With "Brexit, followed by…
Pfizer drops plan for twice-daily obesity pill due to side effects
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Pfizer is abandoning its plans for a weight loss pill to…
Credit counseling service sees huge surge in calls during holiday shopping kickoff
While a record-breaking number of Americans engaged in shopping over the Thanksgiving holiday weekend, nonprofit financial counselors also saw a significant increase in…
VCs swarm Finland: saunas and reindeer but few deals
One scoop to start: Panera Brands, the casual dining group owned by investment group JAB, has filed confidential paperwork for an initial public offering in the US, according to…
California fertility clinic is giving away $20K in IVF services to ‘those in need’
A California fertility provider is giving the gift of potential motherhood to three lucky women. HRC Fertility, to commemorate its 35th anniversary, has announced an IVF…
Thames Water owners pile group with debt
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The owners of Thames Water lent the £500mn that the…
Iowa Lottery posts wrong Powerball numbers — but mistaken winners can keep winnings
Lucky losers! The Iowa Lottery accidentally published the wrong winning numbers earlier this week and some Powerball losers fortuitously ended up as winners. The blunder…
The nuclear power renaissance has some way to run
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.When France first hosted a nuclear power trade fair about…