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Business
One Biden manufacturing regulation could wipe out up to 1 million jobs, business leader says
President Joe Biden's Environmental Protection Agency (EPA) recently finalized an air quality rule that the manufacturing industry is warning could wipe out one million jobs…
FirstFT: Nvidia exceeds expectations as quarterly revenues jump 265%
Stay informed with free updatesSimply sign up to the WorldmyFT Digest -- delivered directly to your inbox.Good morning. Nvidia revenues soared 265 per cent to $22.1bn in the…
Nvidia’s revenue soars 265% year over year due to generative AI boom
Artificial intelligence powerhouse Nvidia announced its highly-anticipated fourth-quarter earnings report on Wednesday, which showed a massive jump in quarterly revenue from a…
Food industry warns ‘Not for EU’ labelling will deter investment in UK
British government plans to require all meat and dairy products sold in the UK to be labelled “Not for EU” consumption will raise food costs, hit exports and deter investment in…
Biden admin’s botched financial aid rollout under investigation by watchdog
The Biden administration's rollout of a new system for college students and their families to access federal financial aid has prompted a government watchdog to open two new…
US tax agency targets executives’ personal use of corporate jets
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US tax officials have launched a campaign to audit…
United Airlines first US-based carrier to revive flights to Israel following horrors of Hamas terrorist attack
United Airlines announced plans to resume flights to Israel on Wednesday, making it the first American carrier to resume service since the deadly Oct. 7 Hamas terrorist…
Electric-truck maker Rivian projects no production growth in 2024
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shares of Rivian slid after the US electric-truck…
Major US labor strikes hit 23-year high in 2023
If it seemed like labor unions carried out more strikes in the U.S. in 2023 than usual, it's because they did. The Labor Department's Bureau of Labor Statistics (BLS) on…
UK risks missing out on ‘golden age’ of drug discovery, cancer charity warns
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Britain’s ability to benefit fully from a “golden age” in…