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Business
Drink coffee? 5 most expensive states for a cup of Joe, according to sales data
Coffee lovers in Hawaii pay the most for a regular cup of coffee out of all 50 states, according to a report from Toast, a restaurant point of sale and management system. "On…
Ad agency Havas prepares €400mn investment plan ahead of IPO
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Havas will invest €400mn in artificial intelligence and…
US surgeon general calls for social media platforms to display mental health warnings
U.S. Surgeon General Vivek Murthy argued social media companies should be required to display mental health warnings about the use of their platforms. Murthy argued in an…
FirstFT: Labour’s private equity tax raid to exempt managers who risk own capital
Good morning. Shadow chancellor Rachel Reeves has signalled Labour would continue the UK’s favourable tax treatment of private equity executives in instances where fund managers…
US lifeguard shortage causes pools to work year-round to rebuild their staff after the pandemic
Almost a third of the 309,000 U.S. public swimming pools remained closed or opened sporadically last year due to a shortage of lifeguards, according to the American Lifeguard…
Private credit’s ‘damage control’ moment
One ‘carried interest’ tax caveat to start: Shadow Chancellor Rachel Reeves has signalled that Labour would continue the UK’s favourable tax treatment of private equity executives…
Kansas sues Pfizer over 'misrepresentations' and 'adverse events' of COVID-19 vaccine
FIRST ON FOX: The state of Kansas has filed a lawsuit against pharmaceutical company Pfizer, Inc. for alleged consumer protection violations related to the company's…
Labour clean energy plan undermined by inadequate funds, says think tank
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Labour’s promise to “reindustrialise” the UK through…
Freddie Mac proposes product to help homeowners tap home equity without losing record low mortgage rates
Freddie Mac wants to offer second-lien mortgages to help homeowners locked into lower-interest-rate mortgages access their home equity. Freddie Mac's proposal would allow…
'Bond King' Bill Gross sells rare 'Z' Grill stamp for $4.4M
America’s most valuable postage stamp sold for nearly $4.4 million on Friday. The 1868 one-cent "Z" Grill was sold as part of the collection owned by "Bond King" Bill Gross,…