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Business
Walmart, Capital One end exclusive consumer credit card agreement
Capital One and Walmart announced Friday that they ended the agreement that made Capital One the exclusive issuer of Walmart's consumer credit cards. Walmart and Capital One…
'Ground stop' at one of America's busiest airports on one of year's busiest travel weekends
One of the busiest airports in the U.S. has been issued a ground stop amid a hectic Memorial Day travel weekend. On Monday afternoon, John F. Kennedy International Airport in…
UAW seeks new unionization vote at Mercedes' Alabama plant citing 'relentless anti-union campaign'
The United Auto Workers (UAW) union is seeking a new election at a Mercedes-Benz plant in Alabama after losing a vote there last week, according to a petition filed on Friday…
Thames Water pumped 14bn litres of sewage into river Thames in central London in 2023
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Thames Water pumped 14.2bn litres of sewage into the…
First-class shake-up in the skies: The leisure takeover of premium cabins
As the coronavirus pandemic receded, holidaymakers surged back into the skies last year. And it was then that Lufthansa’s boss Carsten Spohr realised he had a problem, albeit a…
Elon Musk's xAI gets $6B in new funding and announces valuation
Billionaire Elon Musk's artificial intelligence (AI) startup xAI announced Sunday that the company raised $6 billion in Series B funding that lifts the company's valuation to…
Six years of UK rail reform has ‘achieved very little’, say MPs
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK government has “achieved very little” during six…
Warren Buffett’s favorite ETFs
For those investors looking for a simple and economical way to invest in the index, they may want to follow Warren Buffett’s lead. The S&P 500, the broadest measure of…
How Latham & Watkins conquered the City of London
When capital markets lawyer Mark Austin, a lifer at “magic circle” law firm Freshfields Bruckhaus Deringer, moved to US rival Latham & Watkins last year, the industry sat up…
Low prices, revenge travel and a blockbuster IPO keep cruise industry shipshape
Standard DigitalWeekend Print + Standard Digitalwasnow د.إ275 per monthComplete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year…