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Business
Biden accuses Big Three automakers of making ‘record profits’ that must be ‘shared fairly’ with…
President Biden on Friday delivered brief remarks on the United Auto Workers strike that began Thursday night, accusing auto companies of refusing to share their profits with…
The Lex Newsletter: get me anywhere else yesterday
Dear reader,“All of humanity’s problems stem from our inability to sit quietly in a room alone.” So wrote Blaise Pascal, the 17th-century philosopher and tech wizard. That…
Planet Fitness ousts CEO, shares slide
Planet Fitness ousted CEO Chris Rondeau, a 30-year company veteran, the fitness center chain announced on Friday. Craig Benson, a member of the company's board of directors…
Crumbling concrete sparks international debate on peculiarly British problem
Receive free UK infrastructure updatesWe’ll send you a myFT Daily Digest email rounding up the latest UK infrastructurenews every morning.As the UK reeled from revelations of…
Picasso’s alleged marriage-ending painting could fetch $120M at auction
A famous painting created by Pablo Picasso in 1932 is being prepped for auction and fine art experts believe it could sell for more than $120 million. The painting, known as…
UK train drivers announce strikes targeting Conservative party conference
Receive free UK labour disputes updatesWe’ll send you a myFT Daily Digest email rounding up the latest UK labour disputesnews every morning.The UK’s train drivers’ union has…
Supermarket adds ‘shrinkflation’ warnings to over a dozen products
French supermarket chain Carrefour added price warnings on food products to pressure manufacturers to reduce their costs. The warnings were already placed on 26 products that…
European battery makers: start-ups back EU’s EV ambitions
Receive free Lex updatesWe’ll send you a myFT Daily Digest email rounding up the latest Lexnews every morning.European battery start-ups are jostling to meet demand as electric…
Arby’s customer claims chain doesn’t have the meats in new lawsuit
A new class-action lawsuit is asking Arby's where the beef is. In a complaint filed in New York federal court Sept. 5, a customer alleges the roast beef sandwich specialists…
No ‘subsidy bowl’ for UK net zero drive, vows Jeremy Hunt
Receive free UK industrial strategy updatesWe’ll send you a myFT Daily Digest email rounding up the latest UK industrial strategynews every morning.Jeremy Hunt has insisted…