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Business
Citi to boost provision for potential bad loans on US economic worries
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldCitigroup is poised to increase provisions for…
LARRY KUDLOW: Law & order crushed L.A. riots
Donald Trump chose criminal deportation, law and order, and tough-on-crime. California Democrats chose lawsuits and states' rights. Who do you think won this latest round? I'd…
Northern Ireland faces ‘inescapable’ prospect of charging households for water
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Northern Ireland’s executive faces the “inescapable”…
Paramount slashes jobs as streaming wars intensify
Paramount Global is trimming its U.S. workforce by 3.5% in a move to cut costs. The company’s plans to cut jobs were announced Tuesday by its three co-CEOs in a company-wide…
US and Switzerland end stalemate over client information
Stay informed with free updatesSimply sign up to the US financial regulationmyFT Digest -- delivered directly to your inbox.The US and Switzerland have ended a years-long…
Meta's Zuckerberg aiming to dominate AI race with recruiting push for new ‘superintelligence’ team: report
Meta CEO Mark Zuckerberg is reportedly building a team of experts to develop artificial general intelligence (AGI) that can meet or exceed human capabilities. Bloomberg News…
US oil output set for first annual drop since pandemic
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldUS oil production will fall next year for the…
Multiple Los Angeles businesses ransacked during anti-ICE riots
Retail stores and at least one restaurant are being caught in the crosshairs of ongoing anti-ICE riots in Los Angeles. A T-Mobile, Adidas, Apple Store and a sushi restaurant…
Private capital group Blackstone plots $500bn expansion in Europe
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Blackstone Group is preparing to significantly increase…
LA Apple Store looted in anti-ICE riots
Rioters in downtown Los Angeles looted a prominent Apple store amid protests against ICE raids in the city. Images from the scene show rioters in hoodies and masks ransacking…