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Business
Delta flight diverted after battery fire fills cabin with smoke
Smoke from a battery fire led a Florida-bound Delta Air Lines flight to land in Fort Myers on Monday rather than its original destination on the opposite coast. Delta Air…
Top financial watchdog recommends limits on hedge fund leverage
Stay informed with free updatesSimply sign up to the Financial & markets regulationmyFT Digest -- delivered directly to your inbox.Hedge funds and other non-bank groups could…
Tesla board needs 'ground rules' for Musk's political activism, analyst says
Tesla CEO Elon Musk's plan to launch a new political party has rekindled concerns about his political activism, distracting him from his duties as the leader of Tesla. The…
India ban threatens Jane Street’s money machine
India has been a money machine for Jane Street, netting the trading giant more than $4bn in profits in just over two years. But it is now the source of a scandal that is…
A new era of restaurant workers may earn six-figure salaries and benefits that 'no other industry' can provide
Waiting tables or serving up food in the drive-thru may seem like a first step into the workforce – but for some it could pave the path that leads to a big-money job. Amid a…
Resident doctors in England to strike for five days in July
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Doctors in England will go on strike for five days this…
IRS clears way for churches to endorse political candidates
The Internal Revenue Service has staked out the position that churches may discuss electoral politics without running afoul of tax-exempt status law. The IRS, and other…
Most UK companies would withstand sharply higher tariffs, Bank of England says
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Most British companies would withstand sharply higher…
Trump pledges 50% tariff on copper imports
President Donald Trump has announced that the U.S. will impose a 50% tariff on imported copper, marking a new escalation in his broader levy policy aimed at reshoring critical…
Ministers poised to drop plans for ‘zonal pricing’ in British electricity market
Stay informed with free updatesSimply sign up to the UK energymyFT Digest -- delivered directly to your inbox.Ministers are poised to drop a controversial plan to split Britain’s…