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Business
Hinduja family members sentenced to jail for exploiting domestic staff
Four members of the multi-billionaire Hinduja clan, the UK’s wealthiest family, have been convicted of exploiting their domestic staff and sentenced to lengthy jail terms by a…
Olive Garden raising menu prices again
Olive Garden customers can expect menu prices to increase in the near future after the popular Italian restaurant chain has kept price hikes well below inflation in recent…
Airbus and Boeing near deal to carve up aerospace supplier Spirit AeroSystems
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Airbus is nearing a deal with Spirit AeroSystems to take…
Many consumers stay with their banks for years unless persuaded by other bank incentives
Consumers tend to stick with their banks, but some can’t turn down incentives that certain online-only banks offer. More than one in three consumers in a Vericast study said…
Federal Reserve criticises ‘living wills’ of Bank of America, Citi, Goldman and JPMorgan
Stay informed with free updatesSimply sign up to the US banksmyFT Digest -- delivered directly to your inbox.The Federal Reserve has found weaknesses in the plans laid out by Bank…
Woman sues Margaritaville at Sea cruise line after she was 'forced into room,' attacked during Bahamas trip
A cruise passenger was allegedly raped in the same Bahamas hotel that Margaritaville at Sea used in 2016, when there was evidence a different passenger was sexually assaulted,…
Corporate law changes in Delaware would favour big shareholders
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Companies incorporated in Delaware would be able to…
Nvidia, Microsoft, Apple about to rock big tech ETF
Nvidia, Microsoft and Apple all jockeyed this week for the title of world’s most valuable company as investors bet big on the future of AI. The moves coincide as one of the…
OnlyFans executive had bank account frozen over platform’s links to adult content
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A top OnlyFans executive has admitted that his bank…
Mortgage rates drop for third week in a row, but home buyers remain reluctant
There’s good and bad news for mortgage rates this week. The good news is rates have continued their slow downward trend, averaging 6.87% on 30-year, fixed-rate mortgages,…