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Business
Banks clash with government over plans for funds linked to criminality
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Banks have clashed with the UK government over a new…
Reddit’s IPO as much as five times oversubscribed: report
Reddit's initial public offering (IPO) is currently between four and five times oversubscribed as it seeks a $6.5 billion valuation, people familiar with the matter told…
Microsoft tells European regulators Google has an edge in generative AI
Tech giant Microsoft told European antitrust regulators that rival Google has a competitive edge in generative artificial intelligence (AI) due to its trove of data and…
Oprah Winfrey resigned from WeightWatchers board to ‘talk about whatever I want’ in new special
Oprah Winfrey resigned from the WeightWatchers board after almost 10 years to avoid a conflict of interest. During her appearance on "Jimmy Kimmel Live!" last week, Winfrey…
Nippon Steel says US Steel acquisition wouldn’t cause layoffs, plant closures
Nippon Steel said Friday that its proposed $14.9 billion acquisition of U.S. Steel would not result in any layoffs or plant closures as the pending deal faces opposition from…
Chick-fil-A launching Manhattan restaurant with mobile pickup and delivery only
New York City is getting a Chick-fil-A restaurant geared solely toward delivery and mobile pickup orders. When the test restaurant opens next week at 79th and 2nd in the Big…
‘Cavinder Twins’ reveal how social media shaped their future after gaining $1.7M in NIL: ‘It’s a 40 year plan’
The college athlete pay debate is hitting Capitol Hill. NCAA basketball players and social media influencers Haley and Hanna Cavinder recently attended Sen. Ted Cruz's…
Zsa Zsa Gabor’s former Palm Springs home, listed for $2.6 million, has a buyer
A sumptuous mid-century modern home in the heart of Palm Springs that Zsa Zsa Gabor once called home has a buyer. The Hungarian socialite and actress and her sister, Magda,…
Ranchers reveal they were hit with backlash for charging daughter rent
Ranchers-turned-TikTok stars made headlines after they revealed they were charging their daughter, a recent high school grad, rent to remain in their home."Nothing in life is…
Hertz CEO Stephen Scherr resigns after EV push goes bust
Hertz, one of the four largest car rental companies in the world, is replacing its CEO after the company reversed its bet on electric vehicle (EV) rentals over increasing…