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Business
Starbucks closing 7 downtown San Francisco stores
Coffee giant Starbucks is shrinking its footprint in downtown San Francisco following the announcement that it plans to close seven stores in the city's center even as it…
China’s electric vehicles threaten to leave Europe in the dust
Receive free Inside Business updatesWe’ll send you a myFT Daily Digest email rounding up the latest Inside Businessnews every morning.The best-selling budget electric car in China…
Judge says Elon Musk can be sued for Twitter securities fraud
A federal judge has denied billionaire Elon Musk's request to dismiss a proposed class-action lawsuit alleging he defrauded Twitter investors before buying the company last…
Jeremy Hunt pushed for HS2 rail line to end in central London
Receive free HS2 updatesWe’ll send you a myFT Daily Digest email rounding up the latest HS2news every morning.UK chancellor Jeremy Hunt launched a successful rearguard action to…
Bipartisan committee urges NBA to ban Chinese products made by forced labor
NBA Commissioner Adam Silver was sent a letter on Friday by a bipartisan congressional commission that called for the league to ban the use and sale of shoes and other apparel…
FirstFT: US sanctions China-based network accused of fentanyl production
Receive free Global Economy updatesWe’ll send you a myFT Daily Digest email rounding up the latest Global Economynews every morning.Good morning. The US Treasury has put sanctions…
Tech giants battling for content to train AI, Microsoft CEO says
Big tech firms are locked in a competition to secure vast quantities of content and data to train artificial intelligence (AI) models, Microsoft CEO Satya Nadella said Monday.…
Eli Lilly: Point acquisition gives battered biotech sector a boost
Receive free Lex updatesWe’ll send you a myFT Daily Digest email rounding up the latest Lexnews every morning.These are tough times to be a biotech company — and an investor in…
Dave Portnoy hits NFL for ‘simping’ over Taylor Swift: ‘They’re walking ‘a fine…
It’s the newest celebrity situationship rocking the media and sports headlines – and Dave Portnoy has had enough of the "simping." "Simping means letting walk all over you,…
Scandinavian airline SAS wipes out shareholders as part of rescue deal
Receive free SAS AB updatesWe’ll send you a myFT Daily Digest email rounding up the latest SAS ABnews every morning.Scandinavian airline SAS is wiping out existing shareholders as…