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Business
NBA legend Magic Johnson lays out the path to success
As the Los Angeles Lakers set off for Game 6 of the 1980 NBA Finals against the Philadelphia 76ers, Earvin "Magic" Johnson asked the flight attendant if he could take Kareem…
Crest Nicholson profits slump 70% after ‘disappointing’ year
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Crest Nicholson announced the exit of its chief executive…
Should businesses disclose their use of AI? Most Americans say yes
Businesses of all sizes are integrating artificial intelligence into their systems to varying degrees as more companies embrace the rapidly-evolving technology. However, as…
Mid-level masters of the universe risk being sidelined in BlackRock deal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Private equity firms are skilled at buying companies,…
In-N-Out Burger’s closure in Oakland due to crime issues ‘heartbreaking’ but necessary, observers say
The fast food burger chain In-N-Out is a California staple, but its only Oakland location announced Sunday it would have to shutter amid rampant crime. The Oakport Street…
Bitcoin ETF fee war spreads to Europe
Stay informed with free updatesSimply sign up to the Exchange traded fundsmyFT Digest -- delivered directly to your inbox.Invesco and WisdomTree have slashed fees by more than 60…
‘Loud budgeting’ goes viral: What to know about this hot money trend
"There is a certain shock value in people declaring that they will not be splurging even on a small thing or service because it doesn't make economic sense to them," she…
The increasing complexity of modern leverage raises risks
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a former banker and author of ‘A Banquet of…
Some businesses utilizing artificial intelligence technology to identify counterfeit drugs
Counterfeit drugs are killing Americans and some companies are turning to technology for help. Specifically, artificial intelligence. The CDC reports that overdose deaths…
FirstFT: UK joins US strikes on Houthi rebels for second time
Stay informed with free updatesSimply sign up to the WorldmyFT Digest -- delivered directly to your inbox.Good morning.The UK took part in direct military action against the…