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Business
California bakery business triples after Tesla mishap
The Giving Pies, a small Black-owned business in California, saw its business triple overnight after word spread on social media that it lost out on thousands of dollars from…
Hedge fund manager Greg Coffey in talks to acquire EM boutique Emso
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Greg Coffey, the Australian hedge fund star once…
Fed’s favorite inflation gauge rose 0.3% in January
An inflation measure closely watched by the Federal Reserve rose again in January as high prices continued to weigh on millions of Americans. The personal consumption…
Ocado threatens M&S with legal action over joint venture payment
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ocado has threatened legal action against Marks and…
Americans want businesses to stop getting political: study
A new study finds that Americans want businesses to be more neutral in taking political stances in the public sphere and in the workplace. The study found that overwhelming…
Microsoft, OpenAI and Nvidia back $2.6bn robot start-up
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Microsoft, OpenAI are Nvidia are among the investors…
McCarthy details what Biden’s really like behind closed doors: ‘Sticks to the cards’
Former House Speaker Kevin McCarthy revealed for the first time on Wednesday that President Biden uses notecards in private meetings with small groups of people. "He still has…
What to make of falling gas prices
Stay informed with free updatesSimply sign up to the Energy sectormyFT Digest -- delivered directly to your inbox.Happy Leap Day, and welcome back to Energy Source, coming to you…
Here’s how much money you need to make to join the world’s richest 1%
It's getting more expensive to crack into the top 1% of wealth in the U.S. You now need a net worth of at least $5.8 million in order to be part of that small but elite group,…
Brent Cross and Bullring owner reports first rise in rental values since 2017
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The owner of the Bullring shopping centre in Birmingham…