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Business
FTC refers complaint against TikTok to Justice Department over child privacy violations
The Federal Trade Commission (FTC) announced Tuesday that it has referred a complaint against TikTok and parent company ByteDance to the Justice Department over an…
Caution kills the Golden Goose IPO
Even association with Taylor Swift couldn’t save Golden Goose’s IPO.The Italian company, known for its high-end, distressed sneakers, today shocked the market by announcing the…
Raising Cane's CEO Todd Graves surprises Snoop Dogg with $100K donation for youth football league
Raising Cane’s CEO Todd Graves has consistently made it a point to impact the communities where his chicken finger joints are settled, and his latest move comes in the form of…
FirstFT: Vladimir Putin arrives in North Korea for first visit in 24 years
Good morning. In today’s newsletter we’re covering: A ship collision in the South China SeaAn exclusive interview with India’s opposition leaderEntrepreneur Pierre Chen’s Taipei…
United Airlines Boeing flight turns chaotic when oxygen masks are 'inadvertently deployed' mid-flight
Chaos ensued on a recent United Airlines flight following an automated emergency announcement that instructed passengers to put on their oxygen masks, which inadvertently…
Jeff Bezos supports embattled CEO of Washington Post in memo to staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Jeff Bezos has made his first public comments since a…
More than a dozen Indiana Pizza Huts abruptly closed
A string of more than a dozen Pizza Hut restaurants in Indiana suddenly closed up shop earlier in the month. The 15 restaurants were located across northwestern Indiana and…
Labour proposes to ease planning restrictions on onshore wind farms
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Labour is pledging to ease planning restrictions on…
Biden admin unveils tax credit scheme to boost clean energy wages
The Biden administration on Tuesday announced final rules for clean energy tax credits that involve requirements for paying workers prevailing wages and hiring apprentices to…
Switzerland could lose wealth crown to Hong Kong, UBS chief warns
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UBS chief executive Sergio Ermotti has warned that…