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Business
NBA approves Mavericks’ multibillion-dollar sale
The NBA on Wednesday approved the Dallas Mavericks’ sale to the Adelson and Dumont families. The league said the transaction is expected to close later in the week. "The NBA…
Bougainville looks to reopen mine that sparked Pacific island civil war
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A looming global shortage of copper is refocusing…
Senators demand Tesla recall electric vehicles following ‘alarming’ report; automaker says allegations false
Two senators from Connecticut and Massachusetts have written to Tesla's top executive, Elon Musk, calling on him to "swiftly" recall steering and suspension parts after…
Arizona-based Christian university sued by FTC over deceptive advertising and illegal telemarketing
The Federal Trade Commission (FTC), on Wednesday, filed a lawsuit against Arizona-based Grand Canyon University (GCU), Grand Canyon Education (GCE), Inc., and GCE CEO Brian…
Philippines emerges as centre of Asia online shopping scams
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.James Relativo thought he had landed a great deal on an…
Maryland lottery ticket given as stocking stuffer by friend scores $30K
A Thurmont, Maryland man who was given a scratch-off lottery ticket as a Christmas stocking stuffer from his long-time friend received a holiday surprise when he scratched off…
Tesla planning to roll out updated Model Y from China plant: report
Tesla is planning to release an updated version of its popular Model Y SUV from its plant in Shanghai, China, according to a report from Bloomberg. The electric vehicle maker…
FTC sues largest Christian university in US for deceptive advertising
The Federal Trade Commission announced Wednesday it has sued Grand Canyon University (GCU), becoming the second agency under the Biden administration to take action against…
Google, Meta, other tech giants slash DEI-related jobs, resource groups in 2023: Report
Tech giants, like Google and Meta, have slashed diversity, equity and inclusion (DEI) programs in 2023 despite their commitments following the 2020 Black Lives Matter protests…
The business case for looking after staff mental health
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.As 2024 approaches and the Covid lockdowns recede further…