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Business
Tesla raises prices of some Model Y vehicles in US
Elon Musk's Tesla on Friday raised prices on certain Model Y vehicles sold in the U.S. market by $1,000, according to the company's website. The electric vehicle maker raised…
New Jersey diner auctions off booth from ‘The Sopranos’ finale: ‘The time has come’
The New Jersey diner that was featured in the final episode of "The Sopranos" is now auctioning off the iconic booth that was used in the last scene. Holsten's, an ice cream…
Nvidia CEO Jensen Huang says AI could pass most human tests in 5 years
Nvidia CEO Jensen Huang said Friday that artificial general intelligence (AGI) could, by some definitions, arrive in as little as five years. Huang, who leads the world's…
Lawyers who voided Elon Musk’s ‘excessive’ Tesla pay package want $6 billion fee
The lawyers who voided Elon Musk's $56 billion Tesla compensation package as being excessive are seeking a record $6 billion legal fee payable in the company's stock. "We…
Is time up for the luxury watch boom?
Luxury executives gathered in Miami in January for LVMH’s annual watch fair, to inspect timepieces from Hublot’s bright green Big Bang model to TAG Heuer’s new creation encrusted…
OPEC+ members extend production cuts in bid to boost oil price
Stay informed with free updatesSimply sign up to the OilmyFT Digest -- delivered directly to your inbox.Opec+ members led by Saudi Arabia and Russia have extended the latest round…
Helium discovered in Minnesota as US supplies dwindle
A potential helium reservoir was discovered in Minnesota last week, when drillers bored deep beneath the forest floor of the state’s Iron Range as supplies of the noble gas…
Tories wrestle with failure to fix Britain’s housing crisis
The Conservative party’s grip on office is loosening in part because of its failure to resolve Britain’s housing crisis after 14 years in power, leaving the government under…
Lemonade chief rounds on ‘naysayers’ who predicted insurance start-up’s demise
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The chief executive of Lemonade has criticised…
The 20-year inheritance feud dividing the Fiat dynasty
Five years ago members of Italy’s most celebrated business dynasty gathered at a grand 18th-century villa outside Turin following the funeral of Marella Agnelli, widow of the great…