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Business
Biden commutes sentence of official who stole $53M from small Illinois town, sparking outrage
President Biden made history on Thursday when he commuted the jail sentences of nearly 1,500 people and granted 49 pardons, marking the largest single-day act of clemency in…
Gwynne Shotwell, the woman making SpaceX’s moonshot a reality
During the chaos of Elon Musk’s Twitter takeover in 2022, Nasa administrator Bill Nelson was starting to worry.He summoned Gwynne Shotwell, president and chief operating officer of…
UnitedHealth Group CEO argues for health care reform in op-ed
UnitedHealth Group CEO Andrew Witty authored an op-ed calling for health care reform after his colleague, UnitedHealthcare CEO Brian Thompson, was murdered last week in a…
Operators of London Capital & Finance’s Ponzi scheme liable for £180mn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Operators of London Capital & Finance’s “Ponzi…
Who are luxury real estate brokers Tal and Oren Alexander?
Tal and Oren Alexander might not be household names, but the brothers made a name for themselves as top brokers in the world of ultra-luxury real estate, gaining fame for…
Thames Water warns that rival bondholders’ plan risks nationalisation
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Thames Water has warned a group of bondholders that they…
American Airlines plane flying 'Miracle on the Hudson' route strikes bird, makes NYC emergency landing
An American Airlines plane made an emergency landing in New York City following a bird strike shortly after takeoff. Flight 1722 — which was carrying 190 passengers and six…
Team spirit is essential to the corporate turnaround
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is the author of ‘Uncharted: How to Navigate…
Costco sold an around-the-world cruise for $293K
Costco sold a booking for an around-the-world cruise for $293,000 through Costco Travel. That revelation came Thursday as CFO Gary Millerchip provided some "fun facts" about…
UK, Italy and Japan’s defence groups set up venture overseeing fighter jet project
Stay informed with free updatesSimply sign up to the Aerospace & DefencemyFT Digest -- delivered directly to your inbox.The national defence champions of the UK, Italy and…