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Business
Costco sofa goes viral, causing debate on TikTok: ‘Way too expensive’
Costco fans appear to be igniting in a debate after a piece of furniture from the wholesaler has gone viral on social media. Costco's convertible sofa featuring a trundle that…
Is China exporting deflation to the rest of the world?
Receive free Markets Insight updatesWe’ll send you a myFT Daily Digest email rounding up the latest Markets Insightnews every morning.The writer is chief economist at UBS Global…
Max streaming service unveils $9.99-a-month sports tier with NBA and MLB games
Live sports including NBA and MLB games are coming to the Warner Bros. Discovery-owned streaming service Max next month and will cost interested subscribers an additional…
Sky calls on UK government to tackle red tape
Receive free Media updatesWe’ll send you a myFT Daily Digest email rounding up the latest Medianews every morning.UK-based broadcaster Sky has called on the British government to…
US sanctions companies supporting Iran’s drone industry, including Chinese and Russian firms
The Treasury Department on Tuesday announced new sanctions against a network of companies and individuals from China, Russia and Turkey for their involvement in facilitating…
Italy’s push to reform its capital markets hits a hitch
Receive free Inside Business updatesWe’ll send you a myFT Daily Digest email rounding up the latest Inside Businessnews every morning.In recent years, Italy has suffered from a…
MGM to lose up to $8.4 million each day as it resolves cyberattack
MGM Resorts International is projected to lose up to $8.4 million in revenue every day until it fixes cybersecurity issues that affected its reservation system and casino…
DeepMind uses AI to predict harmful genetic mutations in humans
Receive free Artificial intelligence updatesWe’ll send you a myFT Daily Digest email rounding up the latest Artificial intelligencenews every morning.Researchers at Google…
Why a United Auto Workers strike could mean higher car and insurance costs
With no deal for a new four-year contract, the United Auto Workers (UAW) union began their strike at three plants owned by the Big Three automakers – General Motors, Ford and…
Employers call for changes to UK pension lifeboat levy
Receive free Pension Protection Fund updatesWe’ll send you a myFT Daily Digest email rounding up the latest Pension Protection Fundnews every morning.Businesses and advisers have…