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Business
Fisker collapse shows difficult tech can’t find easy money now
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Fisker aspired to build “the world’s most emotional and…
Apple ends its buy now, pay later service
Apple Inc. pulled the plug on its buy now, pay later service, Apple Pay Later, this week, saying installment loan options from other providers will be available on its Apple…
Nvidia vaults past Apple and Microsoft to become world’s most valuable company
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nvidia has leapfrogged Microsoft and Apple to become the…
Millennials most likely to unlock low mortgage rate to move: Freddie Mac
Most homeowners who are locked into historically low mortgage rates are happy to remain in their current homes, except for millennials, a recent Freddie Mac report said. …
Swiss regulator finds HSBC violated money laundering rules
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Switzerland’s financial regulator has banned HSBC’s Swiss…
New Boeing whistleblower alleges faulty parts 'likely installed' on planes, risking 'catastrophic…
A new Boeing whistleblower has emerged alleging that parts determined to be "damaged or otherwise out of specification" are "likely being installed" on the company’s…
Opposition to ‘monster pylons’ puts Scotland’s energy transition at risk
As the fertile arable land of historic Kincardineshire meets the foothills of the Grampian mountains, a solitary wind turbine stands 70 metres high.Local residents are up in arms…
GameStop meme stock mania is SEC’s bad dream on repeat
GameStop investors got another news dump on Monday, this time from the company at its annual shareholders meeting. CEO Ryan Cohen told investors the video game retailer plans…
Hargreaves Lansdown supports £5.4bn private equity takeover
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The board of Hargreaves Lansdown said it was willing to…
Retail sales barely rise in May as consumers pump the brakes on spending
Americans pumped the brakes on spending in May as they continued to face high interest rates and steeper prices for everyday goods. Retail sales, a measure of how much…