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Business
Costco CFO weighs in on $1.50 hot dog and soda combo’s future
Outgoing Costco CFO Richard Galanti on Tuesday provided an update on whether customers might see changes to the cost of the warehouse retailer’s $1.50 hot dog and soda combo.…
Rishi Sunak moves to block foreign state takeover of Telegraph newspaper
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Rishi Sunak has attempted to block the takeover of the…
Janet Yellen warns inflation decline might not be ‘smooth’
EXCLUSIVE: Treasury Secretary Janet Yellen said Wednesday that inflation could face a bumpy return to normal after back-to-back reports showed that price pressures within the…
JPMorgan nabs ETF veteran after Global X shake-up
Stay informed with free updatesSimply sign up to the Exchange traded fundsmyFT Digest -- delivered directly to your inbox.JPMorgan Asset Management is bringing aboard exchange…
Inflation rises as gas prices and housing costs tick up, leaving Americans concerned
Inflation is up yet again, largely due to rising gas prices and housing costs. For the last 12 months, the Consumer Price Index (CPI) for all items increased by 3.2%, the U.S.…
US House votes through bill to ban TikTok
Stay informed with free updatesSimply sign up to the US politics & policymyFT Digest -- delivered directly to your inbox.The US House of Representatives has voted…
Passengers describe nightmare flight, people ‘bounced off the roof,’ turbulence ‘felt like an…
Passengers aboard an LATAM Airlines Boeing 787-9 Dreamliner that took a "nose dive" during a flight to New Zealand described scenes of horror during the severe turbulence. At…
Eli Lilly strikes drug dispensing deal with Amazon
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Eli Lilly, the world’s largest drugmaker by market value,…
Dollar Tree to close around 1,000 Family Dollar stores
Dollar Tree announced on Wednesday that it plans to close nearly 1,000 U.S. stores in its portfolio after suffering a significant quarterly loss. As part of its portfolio…
Arm unveils first chip design to power self-driving cars
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Arm has unveiled its first automotive designs capable of…