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Business
Iran conflict reveals need for America to rethink defense supply chain, expert says
The historic strikes on Iran revealed more than just U.S. power on the world stage — they also exposed the defense industry’s potential weak points in its supply chain. …
Satellite backed by Google, Bezos and Musk to track methane is lost in space
Stay informed with free updatesSimply sign up to the Climate changemyFT Digest -- delivered directly to your inbox.An $88mn satellite backed by Google, Jeff Bezos and Elon Musk’s…
LA hotel owners sound alarm as $30 minimum wage threatens to crush industry
Los Angeles hotel operators are fighting a $30 minimum wage hike that was passed by the city council, amid a struggle with "profitability." "Hotels don’t just fuel tourism.…
UK’s City watchdog expands rules on bullying and harassment
Stay informed with free updatesSimply sign up to the UK financial regulationmyFT Digest -- delivered directly to your inbox.Tens of thousands of UK financial services companies…
Republicans defy fiscal critics to push through Trump's signature 'beautiful' tax cuts
With the help of JD Vance and his tie-breaking vote, Senate Republicans narrowly passed their version of the so-called "One Big Beautiful Bill Act" on Tuesday. It is projected…
Ukraine summons top US diplomat after Washington halts some arms supplies
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldUkraine summoned a top diplomat from the US…
Republicans warn South Korea's tech regulations favor Chinese companies over American businesses
FIRST ON FOX: Concern is mounting in Washington following last month’s election of South Korea’s liberal President Lee Jae-Myung that Seoul seeks to "disproportionately"…
UK Supreme Court divorce case sets precedent for dividing up assets
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Supreme Court has ruled that the wife of a wealthy…
Challenges loom for trucking industry with end of Trump's tariff pause
President Donald Trump’s 90-day pause on tariffs could be ending early this month. For truckers at Southern California’s ports, that could mean even more economic uncertainty.…
UK benefits bill will keep rising without NHS reform
Good morning. Well, that was embarrassing for all concerned. The government came perilously close to losing yesterday’s Commons vote on the welfare bill. (Embarrassing for me, as I…