Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. The UK government has announced a consultation on its zero emission vehicle targets, following complaints from carmakers that the current regime could lead to job cuts as demand for electric vehicles stalls. Transport secretary Heidi
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€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
<img src=”https://public.flourish.studio/visualisation/20924481/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were little changed Monday ahead of the holidays as U.S. Treasury yields rose and equities were mixed. The two-year municipal to UST ratio Monday was at 64%, the five-year at 65%, the 10-year at 67% and the 30-year at 82%, according to Municipal Market Data’s 3 p.m. EST
The growing speculation surrounding a potential presidential pardon for Sam Bankman-Fried (SBF) has been fueled by high-profile figures and shifting political tides. A major Trump ally, Elon Musk, for one, will be “shocked” if US President Joe Biden does not grant an early pardon to the disgraced former CEO of FTX. Bankman-Fried, who was convicted
Starbucks workers have expanded their strike to four more US cities, including New York, the union representing over 10,000 baristas said late on Saturday. The five-day strike, which began on Friday and initially closed Starbucks cafes in Los Angeles, Chicago and Seattle, has added locations in New Jersey, New York, Philadelphia and St. Louis, Workers
Japanese automakers Honda and Nissan have announced plans to join forces, forming the worlds third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed
Apple is poised to become the first company to cross the $4 trillion threshold — powered by investors cheering progress the tech giant’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales. The company has pulled ahead of Nvidia and Microsoft in the race to the monumental milestone, thanks to an about 16% jump in shares since early
Department store chain Nordstrom will be acquired by its founding family and Mexican retailer Liverpool for nearly $4 billion in an all-cash deal, going private at a time when high-end retailers are grappling with slow demand. The company’s shareholders will get $24.25 for each share they own, Nordstrom said on Monday, an increase from a $23 offer made by the parties in September for shares they did not
Paramount Global boss Shari Redstone is reportedly banking on her friendly relationship with President-elect Donald Trump to help the media giant skirt any FCC issues in its merger with Skydance — and help her walk away with a windfall. Redstone, the daughter of the late media titan Sumner Redstone, has “has gotten along” with Trump
The growing speculation surrounding a potential presidential pardon for Sam Bankman-Fried (SBF) has been fueled by high-profile figures and shifting political tides. A major Trump ally, Elon Musk, for one, will be “shocked” if US President Joe Biden does not grant an early pardon to the disgraced former CEO of FTX. Bankman-Fried, who was convicted
Starbucks workers have expanded their strike to four more US cities, including New York, the union representing over 10,000 baristas said late on Saturday. The five-day strike, which began on Friday and initially closed Starbucks cafes in Los Angeles, Chicago and Seattle, has added locations in New Jersey, New York, Philadelphia and St. Louis, Workers
Japanese automakers Honda and Nissan have announced plans to join forces, forming the worlds third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed
Apple is poised to become the first company to cross the $4 trillion threshold — powered by investors cheering progress the tech giant’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales. The company has pulled ahead of Nvidia and Microsoft in the race to the monumental milestone, thanks to an about 16% jump in shares since early
Department store chain Nordstrom will be acquired by its founding family and Mexican retailer Liverpool for nearly $4 billion in an all-cash deal, going private at a time when high-end retailers are grappling with slow demand. The company’s shareholders will get $24.25 for each share they own, Nordstrom said on Monday, an increase from a $23 offer made by the parties in September for shares they did not
Paramount Global boss Shari Redstone is reportedly banking on her friendly relationship with President-elect Donald Trump to help the media giant skirt any FCC issues in its merger with Skydance — and help her walk away with a windfall. Redstone, the daughter of the late media titan Sumner Redstone, has “has gotten along” with Trump
The aerial view of San Francisco was taken during better times in 2015 when the city’s tech industry was thriving and commercial rents were skyrocketing.David Paul Morris/Bloomberg San Francisco’s continuing weakened economic trends and deficit spending have resulted in a one-notch downgrade to AA-plus from AAA of its long-term rating and a negative outlook from
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. France’s new prime minister François Bayrou has selected Eric Lombard, head of state-backed financial group Caisse des Dépôts, as finance minister, handing him the key role of trying to enact a budget for next year.
Sen. Chris Van Hollen, D-Md.Bloomberg A bumpy week on Capitol Hill ended with a continuing resolution to keep the government open until March 14, though with no decision on what promises to be a brutal fight over the debt ceiling limit, along with decisive wins for Washington D.C. and Baltimore. “After a months-long push, a
S&P cited increasing enplanements and strong economic fundamentals in the service area as or its upgrade of Hartsfield-Jackson Atlanta International Airport.Bloomberg News S&P Global Ratings said it raised to AA from AA-minus Hartsfield-Jackson Atlanta International Airport. The outlook is stable. The upgrade affects $3.6 billion of the airport’s $4.4 billion in debt, raising the rating
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Matt Gaetz, Donald Trump’s former pick for US attorney-general, was accused by the House ethics committee of having sex with an underaged girl, paying women for sex and using illegal drugs in an
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