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Business
Big ships, big problems
Less than a year ago the US Army Corps of Engineers finalised a Chief’s Report for Baltimore harbour. The report does not predict the collapse of the Francis Scott Key Bridge this…
Baltimore port closure may hit US coal export volumes
The closure of the Port of Baltimore to shipping traffic following a container ship's collision with a bridge that collapsed into the harbor will slow U.S. exports of coal,…
Valentino appoints ex-Gucci designer Alessandro Michele as creative director
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Former Gucci star designer Alessandro Michele has been…
Trader Joe's wins legal victory after judge issues decision in dark chocolate lawsuit
A lawsuit accusing Trader Joe's of failing to disclose that its dark chocolate products contain dangerous "heavy metals" was mostly dismissed by a judge on Wednesday. The…
UK nuclear watchdog takes Sellafield operator to court over alleged IT breaches
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The state-owned operator of the UK’s largest nuclear…
Sam Bankman-Fried's $222M Bahamas real estate holdings to go on the market
FTX will reportedly soon put Bahamas properties tied to Sam Bankman-Fried up for sale. The bankrupt cryptocurrency exchange could start its effort of offloading the portfolio…
Lloyd’s of London chief calls for quick insurance payouts on Baltimore bridge
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The chief executive of the Lloyd’s of London insurance…
Final fourth quarter GDP revised upwards as consumer spending rises
The third and final estimate for real gross domestic product (GDP) in the fourth quarter of 2023 was revised upwards, showing that the U.S. economy grew at an annual rate of…
Ministers move to delay end of ‘no fault’ evictions in England
Stay informed with free updatesSimply sign up to the UK propertymyFT Digest -- delivered directly to your inbox.Michael Gove’s housing department has watered down key measures in…
Certain fire extinguishing balls may fail to work, could lead to injury or death: regulators
Federal safety regulators are warning consumers about fire extinguishing balls still on the market that could fail to extinguish fires. In a Thursday warning notice, the…