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Business
Restore tax-free shopping for visitors to the UK, urges tourist industry
Stay informed with free updatesSimply sign up to the Travel & leisure industrymyFT Digest -- delivered directly to your inbox.Axing tax-free shopping for overseas visitors in…
McDonald’s outage shows challenge of going from Big Mac to Big Tech
The "technology outage" that impacted McDonald's restaurants and the company's app on Friday underscores the fast-food giant's growing reliance on tech systems that are…
Low uptake of heat pumps slowing efforts to decarbonise Britain’s homes
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Low uptake of heat pumps owing to their high costs,…
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…