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Business
Ford cuts prices of electric Mustang Mach-E by up to $8,100
Ford Motor Co. on Tuesday said it had cut prices on its Mustang Mach-E electric SUV by up to $8,100 after sales fell sharply in January. The No. 2 U.S. automaker's…
South Korean business worries rise over Biden’s IRA law
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US and South Korea have been brought closer together…
‘Wolf of Wall Street’ says college a ‘complete waste of time’ for most students: ‘Avoid it…
Famed former Wall Street broker Jordan Belfort commented on the diminishing value of a college education, after a new report found some college students learned less than high…
Banks need to wake up to powers of attorney demands
Readers who have tried to set up a lasting powers of attorney for themselves or a relative may find that certain banks have very limited capacity when it comes to dealing with the…
DC federal jury convicts 2 Chinese nationals of duping Apple out of over $3 million with fake iPhones
A Washington, D.C., federal jury convicted two Chinese nationals on Tuesday, for being part of a scheme in which they submitted over 5,000 fake iPhones to Apple for repair,…
Samsung and LG join forces against Chinese rivals in battle for display dominance
South Korea’s leading display makers LG and Samsung are closing ranks as they cede more ground to Chinese manufacturers of TV and smartphone screens and face being undercut on…
Wyze breach allowed 13,000 customers to peek into other’s homes
Smart camera company Wyze said that a glitch with its network last week allowed some users to see footage from security cameras that belonged to other users. Wyze said in a…
UK nuclear missile test fails for second time in eight years
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A British nuclear missile test failed after its Trident…
Pennsylvania thrift store finds rare 14-karat gold LEGO mask, expected to rake thousands of dollars at auction
Employees at a Dubois, Pennsylvania, Goodwill Industries warehouse came across a rare 14-karat gold LEGO mask, which has since been put up for auction and could fetch…
How should we split ownership of our properties?
I own an equal third share of a property in France, worth £350,000, with my two brothers. We also own an equal third share of a UK property, worth around £750,000. One brother…