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Business
Apple reaches $490mn settlement over Tim Cook’s China demand comments
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Apple has agreed to pay $490mn to settle a class action…
Republican Sen. Bill Cassidy slams Bernie Sanders’ 32-hour workweek proposal as job-killer
Louisiana Sen. Bill Cassidy is warning that a proposed 32-hour workweek with no loss in pay would kill jobs or dramatically increase inflation. Cassidy, the Republican ranking…
Grant Thornton US sells majority stake to private equity
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US arm of accounting firm Grant Thornton has agreed…
Angela Chao death: Tesla in spotlight as investigators maintain silence
Tesla vehicles are facing scrutiny after the death of Angela Chao, a shipping CEO who drowned in a tragic car accident on a Texas ranch last month. Chao, the sister of former…
The Lex Newsletter: Living in an Ozempic world
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Dear reader,It isn’t often that a company pays good money…
GOP senator blasts Bernie Sanders’ push for 32-hour workweek: It will ‘never work’
A 32-hour workweek could be on the horizon for millions of Americans, but one GOP senator says that the plan "will never work." Sen. Mike Braun, R-Ind., criticized the 32-hour…
Porsche’s bold EV ambitions keep shareholders idling in the pits
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Porsche’s motorsport reputation rests partly on its…
The story of Taco Bell: How former Marine created fast-food chain with Mexican-inspired menu
Every big business had to start somewhere. The story of Taco Bell is one of humble beginnings. Since its start, the restaurant has steadily evolved into one of the world's…
To tax or not to tax: private equity bosses feel the heat
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Former French president François Hollande dreamt about…
McDonald’s hit by worldwide tech outage affecting restaurants, app
McDonald's is working to fix a "technology outage" on Friday morning that's impacting its restaurants worldwide, even forcing some to temporarily close. "We are aware of a…