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Business
Why are the UK’s industrial electricity prices so high?
British manufacturers have long complained that high electricity prices make it hard for them to compete with rivals in Europe, the US and China, putting domestic jobs at risk. As…
Summertime favorite returns to Chick-fil-A for 16th year
It is the summer of peaches as fast-food giant Chick-fil-A welcomes back the juicy fruit to its menu. Starting Monday, customers can enjoy the Peach Milkshake, which has!-->-->…
Ken Moelis to step down as chief executive of Moelis
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ken Moelis will step down as chief executive of the…
Joann, Macy's, other store closures part of a 274% spike in retail layoffs in 2025
The number of job cuts announced in the first five months of 2025 increased 80% from the same period the prior year, according to a new report from Challenger, Gray &!-->-->…
BBC in battle with Foreign Office over funding for World Service
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The BBC and the Foreign Office are on a collision course…
Warner Bros Discovery to split TV and streaming businesses
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Warner Bros Discovery will split its business into two…
Home sellers face harsh new reality as listings hit record $698B value
U.S. home listing prices hit an all-time high, signaling a potential shift toward a buyers' market, according to industry experts. In total, the value of homes in the U.S.!-->-->…
Nvidia chief says UK lacks digital infrastructure as Keir Starmer pledges £1bn for AI
Stay informed with free updatesSimply sign up to the Artificial intelligencemyFT Digest -- delivered directly to your inbox.Nvidia’s Jensen Huang has warned that the UK lacks the!-->!-->…
Starbucks to cut prices in China
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Starbucks will cut the prices of several iced and…
PETER NAVARRO: Trump’s 50% steel tariff is a necessary shield for American industry
President Donald Trump has now raised steel tariffs to 50% from 25%. This increase is absolutely essential to protecting the U.S. steel industry and America’s national!-->-->…