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Business
Commerce secretary to crack down on Nvidia AI chips redesigned to get around trade curbs
Secretary of Commerce Gina Raimondo put companies like Nvidia that manufacture artificial intelligence (AI) chips on notice that the agency will move to quickly crack down on…
UK’s nascent green hydrogen sector faces ‘defining moment’
In an industrial park in south Wales, start-up Protium uses renewable electricity to power a small electrolysis plant it opened earlier this year to extract hydrogen from water,…
Second lawsuit filed against Panera Bread claims Florida man died from the caffeinated ‘Charged Lemonade’
Panera Bread is now facing a second wrongful death lawsuit tied to its caffeinated "Charged Lemonade." A lawsuit, filed Monday, alleges Panera’s lemonade drink caused the…
Target teams up with Hilary Duff for $500 holiday giveaway
Just in time for Christmas, Target is gifting 500 people a free shopping spree and has enlisted the help of a Hollywood actress and singer. On Monday, the retail company…
Hamas possibly reaped massive financial windfall in bets against Israeli stocks: report
Investors most likely linked to Hamas received financial windfalls following the Oct. 7 attacks on Israel after making bets on Israeli securities in the weeks leading up to…
Toyota’s $2bn Denso share sale spurs hopes of governance revolution for Japan
Toyota’s decision to sell part of its $40bn portfolio of stakes in other companies is spurring hopes of similar action across Japan to unwind complex cross-shareholdings and…
Babe Ruth 1914 minor league trading card hits hefty $7.2M at auction, falls short of hoped-for grand slam
"Everybody knows Babe Ruth and his legend and his legacy. It was an easy conversation. He’s undoubtedly, if not the greatest player ever, one of the greatest players ever."The…
Cautious UK shoppers cut purchases in run-up to Christmas
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Growth in UK retail sales was lower than inflation last…
Underlying inflation pressures eased in October, NY Fed says
The underlying inflation pressures hitting U.S. consumers eased in October compared to September, according to a new report released by the Federal Reserve Bank of New York on…
Origin/Octopus: tentacular pricing makes a sucker of Brookfield
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.As smart molluscs, octopuses have a habit of overturning…