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Business
JetBlue leaving 5 cities as it cuts unprofitable routes
Low-cost airline JetBlue is planning to eliminate routes to five cities and reduce its service to Los Angeles as it looks to improve its financial performance after a federal…
The rising risks of financial repression
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is chief European economist at T Rowe…
Intel embarking on a ‘journey to rebuild’ US chip domination, CEO says
Intel CEO Pat Gelsinger is sharing the lead technology company’s excitement over billions of dollars in federal grants that will help the U.S. return to chip production…
Rare genetic disease therapy becomes world’s most expensive drug at $4.25mn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A new gene therapy to treat a very rare genetic disease…
Starbucks sued by California residents who claim company discriminates against lactose-intolerant customers
A group of California residents have filed a lawsuit against Starbucks and claim the popular coffeehouse chain discriminates against lactose-intolerant customers. The $5…
UK train drivers vote for further round of strikes
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Passengers on the national rail network and London…
Maryland man wins huge lottery prize after playing the game for the first time
First time was a charm for a Baltimore man who recently won a $50,000 lottery jackpot — the first time he played the game. The man, identified only as "Alex," bought a $1…
Live news: Gold climbs to record high in sudden spike
The S&P 500 closed at record high for the second session in a row after Federal Reserve officials maintained projections to cut interest rates by 0.75 percentage points this…
FCC investigating Amazon and other retailers over alleged sale of banned products
Amazon and other retailers are under investigation by the Federal Communications Commission (FCC) for allegedly marketing and selling banned equipment. The investigation…
City mayors put forward alternative to axed HS2 northern leg
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The axed northern leg of HS2 should be replaced by a…