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Business
Experts warn Senate tax bill accelerates Medicare and Social Security insolvency dates
The Senate-passed version of the Republicans' One Big Beautiful Bill Act that's now under consideration by the House would speed up the insolvency of the trust funds that help…
Trump budget reduces support for US minerals despite trade concerns
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump’s flagship spending plan cuts…
DeSantis says Florida may need 'entry tax' as socialist NYC mayoral candidate threatens exodus
Florida Gov. Ron DeSantis has hinted that the Sunshine State is preparing for another wave of new residents and businesses after New York City mayoral candidate Zohran…
TSB gets its moment in the Spanish sun
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.After years of being a UK banking also-ran, TSB is…
American Airlines-backed electric air taxi company aims to change how people travel
Vertical Aerospace, a British company backed by Honeywell, Rolls-Royce and American Airlines, is rapidly gaining ground in bringing its electric vertical take-off and landing…
Bumble chief criticises staff for ‘freaking out’ over London job cuts
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bumble chief executive Whitney Wolfe Herd has criticised…
Microsoft announces another round of layoffs affecting thousands of workers
Microsoft will lay off thousands of workers in the second round of job cuts in recent months. The layoffs, first reported by The Seattle Times, will lead to a less than 4%…
Sean ‘Diddy’ Combs found guilty on two counts in prostitution trial
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A jury convicted the rapper-entrepreneur Sean “Diddy”…
Wyoming rare earth mining facility to be first to open in over 70 years
The U.S. Secretary of Energy and other elected officials are preparing to travel to Wyoming for the opening of the first new coal mine in the state in more than five decades.…
Tesla deliveries fall for second straight quarter
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Tesla’s deliveries fell for a second straight quarter as…