Business

U.S. Steel issued layoff warnings to 1,000 employees of its Granite City, Illinois, mill this week, saying they expect to fire 60% of them due to indefinite idling of iron and…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Castore has raised roughly £150mn from a trio of…

Tyson Foods has unveiled one of its most automated poultry plants ever in Virginia. The facility, which had its grand opening on Tuesday, spans a whopping 325,000 square feet…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Christmas is coming and the goose is getting fat. For…

Krawczyk mentioned job hunting as an example. He said AI can be used to not only find open positions but also to prepare people for interviews based on the job descriptions."You…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.General Motors announced plans to return “significant…

Soaring costs on everyday items have many Americans wishing they could skip holiday spending, particularly those who resumed paying student loans in October after a more than…

Stay informed with free updatesSimply sign up to the Private equitymyFT Digest -- delivered directly to your inbox.US private equity group KKR is buying the remaining 37 per cent…

Shipbuilder Meyer Turku recently provided Royal Caribbean with what has been called the world’s largest cruise liner.  The transfer of ownership of the massive ship happened…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK mortgage approvals rose more than expected in October,…