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Business
FirstFT: Trump found guilty on all counts in ‘hush money’ trial
Good morning. In big news out of the US, Donald Trump has been found guilty of conspiring to buy the silence of a pornographic actor days before the 2016 election and covering his…
Disney investors relieved as Nelson Peltz exits
Disney investors appear at ease after activist investor Nelson Peltz reportedly hit the road. Shares of the media conglomerate rose Thursday, even as the broader market traded…
Q1 GDP revised down on lackluster consumer spending
The second estimate for real gross domestic product (GDP) in the first quarter of 2024 was revised downward, according to the Bureau of Economic Analysis (BEA), driven by a…
How BHP’s fractious pursuit of Anglo American unravelled
Two weeks after launching a bid for Anglo American, BHP chief executive Mike Henry broke with his reputation for meticulous planning and jetted to Cape Town before scrambling on to…
Truckers file lawsuit against NYC over city’s ‘congestion fee’ for drivers
The Trucking Association of New York filed a federal lawsuit Thursday against the Metropolitan Transportation Authority over the city’s congestion fee, arguing it unfairly…
Cher wins years-long legal battle over royalties with Sonny Bono’s widow
Cher has won a legal battle with Mary Bono over royalties from Cher's work with late ex-husband Sonny Bono. According to documents obtained by Fox News Digital, U.S. District…
Special treatment for Thames Water is unlikely to wash
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.When time runs short to solve a problem with few easy…
Fed's Bostic signals central bank unlikely to cut interest rates in July
Atlanta Federal Reserve President Raphael Bostic on Thursday told FOX Business' Liz Claman that central bankers are unlikely to deliver an interest rate cut in July amid signs…
A billion dollars is probably the wrong price for Queen’s songbook
The biggest mystery of “Bohemian Rhapsody” is why anyone would want to listen to it twice. The second-biggest mystery relates to who gets paid when they do, though that might soon…
Costco revenue beats estimates as cash-strapped consumers look for deals on groceries, discretionary items
Costco Wholesale beat third-quarter revenue expectations on Thursday, as cash-strapped consumers flocked to its warehouses to grab low-priced groceries and discretionary…