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Business
States take legal action as 23andMe attempts to sell customer genetic information amid bankruptcy
Bankrupt 23andMe is facing a lawsuit over its plans to sell customer genetic information. Twenty-seven states and the District of Columbia took legal action this week against…
Even expensive nuclear power is cheaper than it looks
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Technologies to generate green electricity follow one of…
Vance echoes Trump's call for Fed's Powell to cut interest rates: 'Monetary malpractice'
Vice President JD Vance on Wednesday echoed President Donald Trump’s calls for the Federal Reserve to cut interest rates. "The president has been saying this for a while, but…
Leapmotor warns over setting minimum prices for China-made EVs in Europe
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Stellantis-backed Leapmotor has said that setting minimum…
Kevin O'Leary reveals the hidden cost of LA riots that's hurting small businesses
"Shark Tank" investor Kevin O'Leary described Los Angeles as a "war zone" with "horrific" consequences for small businesses while weighing in on the anti-ICE riots plaguing…
Apollo delays hiring junior bankers after pressure from Jamie Dimon
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Apollo Global Management has told graduates that it will…
Treasury chief says 'remains to be seen' if Trump tax bill will add to $36T national debt
Treasury Secretary Scott Bessent suggested there could be a chance that President Donald Trump's "one big, beautiful bill" may add to the $36 trillion national debt. Bessent…
PPE Medpro supplied ‘unsafe’ gowns during Covid crisis, High Court hears
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Medical supplies group PPE Medpro breached a…
GB Energy handed £2.5bn bill for funding small modular reactors
Stay informed with free updatesSimply sign up to the UK energymyFT Digest -- delivered directly to your inbox.Great British Energy, the government’s flagship state-owned energy…
World’s biggest aircraft owner set for $1bn payout in stranded Russian planes case
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The world’s biggest commercial aircraft owner AerCap is…