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Business
Elon Musk’s payday, Apple AI, Fed’s rate cut pivot
Tech led the charge on Wall Street, riding a fresh AI boom. Apple finally gets real about its AI plan, pleasing some, irking others. The Federal Reserve updated its rate cut…
Cookie dough sold at Costco, Sam's Club recalled due to salmonella risk
The Food and Drug Administration expanded a recall of frozen cookie dough that may be contaminated with salmonella, the organization announced on June 6. The recalled!-->-->…
Scale AI CEO explains why his company will hire for MEI, not DEI: 'Merit, excellence and intelligence'
The CEO of a hot artificial intelligence startup won praise from other chief executives, including Elon Musk, after he announced a hiring policy that focuses on merit.!-->-->…
Hargreaves Lansdown co-founder says price ‘not main consideration’ for selling business
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.One of Hargreaves Lansdown’s co-founders and top…
Gas prices: What to expect this summer
Summer travel is in full swing, which means all eyes are on the prices at the pump. The national average price of a gallon of regular gasoline fell to $3.46, according to!-->-->…
Broadband groups Netomnia and Brsk agree tie-up as ‘altnet’ M&A continues
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK broadband providers Netomnia and Brsk are merging in a…
Bank of New York rebranding cuts ties to a fading Wall Street era
Stay informed with free updatesSimply sign up to the US banksmyFT Digest -- delivered directly to your inbox.Wall Street has lost another of its “Gilded Age” names, with the!-->!-->…
Steve Jobs' widow grabs $94 million California lot
The widow of Apple co-founder Steve Jobs reportedly acquired another piece of real estate in sunny Malibu, California. Laurene Powell Jobs recently became the new owner of a!-->-->…
How a 'young, scrappy and hungry' Florida Panthers team took a slap shot and scored an economic boom
Between South Florida’s calm coastlines and the steamy, lush green Everglades, the Florida Panthers are one win away from the franchise’s first Stanley Cup while scoring!-->-->…
Barclays suspends sponsorship of UK music festivals after threatened boycotts
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Barclays has suspended its sponsorship of some of the…