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Business
Weaker yen and top-quality snow lure investors to Japan’s ski resorts
Since buying a home in Niseko eight years ago, Tracy Lenard, a mountain guide, has watched as the quiet town in the northern island of Hokkaido transformed into Japan’s most…
Americans expected to smash holiday spending records, Gen Z less likely to splurge
Holiday sales are expected to increase 3% to 4% this year when compared to last Christmas, but with uncertainty in the U.S. economy, most shoppers say they’re looking for…
FirstFT: Goldman Sachs cuts back ‘growth at all costs’ China strategy
Stay informed with free updatesSimply sign up to the Global EconomymyFT Digest -- delivered directly to your inbox.Good morning. Goldman Sachs chief executive David Solomon warned…
Florida man becomes a millionaire with convenience store scratch-off
One Florida man had his lucky day after a $20 lottery ticket led to him winning $5 million. The Florida Lottery announced Tuesday afternoon that 66-year-old Rickey Johnson won…
Charlie Munger, Berkshire Hathaway vice-chair, 1924-2023
There is perhaps no one celebrated more today for making money than Warren Buffett. But the tens of billions of dollars he amassed — and the zealous investment groupies that…
Aretha Franklin’s sons awarded real estate after will between couch cushions ruled valid
Four properties Aretha Franklin owned at the time of her death will be divided among her four sons months after a jury determined a 2014 will written by Aretha Franklin and…
The Bank of Japan’s dilemma: how to raise interest rates while shielding lenders
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Japan’s regulators are ramping up pressure on regional…
TikTok parent company ByteDance lays off hundreds in video gaming pullback
The Chinese tech giant behind TikTok, ByteDance, will be laying off hundreds of workers in its video games division, new reports showed. ByteDance originally confirmed layoffs…
Saudi PIF and Ardian to buy 25% stake in Heathrow airport for £2.4bn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Saudi Arabia’s sovereign wealth fund is taking a £1bn…
AWS and Nvidia to partner on new AI supercomputing infrastructure
Amazon Web Services (AWS) and Nvidia on Tuesday announced new initiatives in their strategic collaboration that will focus on adding supercomputing capabilities to the…