The rapidly spreading wildfires that have transformed much of Los Angeles County into a raging hellscape are not only upending the lives of tens of thousands of residents and business owners, but also stressing the regions hospitals, health clinics, first responders, and nursing homes. This story also ran on Los Angeles Times. It can be
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Chinese officials are mulling a potential option that involves the sale of TikTok’s US operations to billionaire Elon Musk if the company fails to fend off a potential ban, Bloomberg News reported on Monday, citing people familiar with the matter. Chinese officials prefer that TikTok remain under the control of parent Bytedance, the report said,
Amazon is saying goodbye to Try Before You Buy. The service, which allowed Amazons Prime members to try on select clothing items, shoes and accessories at home before completing a purchase, is set to wind down in the coming weeks. The last day eligible customers can place orders using the subscriber benefit is Jan. 31, the company
If you want to hang out or use the restroom at Starbucks, youre going to have to buy something. Starbucks on Monday said it was reversing a policy that invited everyone into its stores. A new code of conduct which will be posted in all company-owned North American stores also bans discrimination or harassment, consumption
Families who have sued Alex Jones over his false claims about the Sandy Hook massacre have resolved their disputes on how to divide the bankrupt conspiracy theorist’s assets, clearing the way for a sale of Jones’ Infowars platform, attorneys said at a Monday court hearing. Joshua Wolfshohl, an attorney for the bankruptcy trustee in charge of selling Jones assets, told
Oklahoma City is seeking financing proposals for a downtown arena to replace Paycom Center, where the National Basketball Association’s Thunder has played since 2008.Adobe Stock Oklahoma City will review proposals due this week on ways to finance a downtown arena to replace Paycom Center, the home of the National Basketball Association’s Thunder, at a cost
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. France’s state auditor has said that French nuclear company EDF should not make a final investment decision in the UK’s Sizewell C reactor project until it has reduced its exposure to its other British development,
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world If the essence of Greek tragedy is that the hero is undone by his flaws, Joe Biden gets star billing. He defeated Donald Trump, stood up to Russia, enacted more reforms than Bill
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Qantas has been forced to delay flights between Australia and South Africa after the US government warned the airline about the risk of SpaceX rocket parts re-entering the atmosphere in the southern Indian Ocean. Australia’s
Houses along a hillside outside Marbella on the sunny coast, Costa del Sol, in Spain. Marcus Lindstrom | Istock | Getty Images Spain is planning to impose a tax of 100% on homes bought by non-EU residents as it looks to tackle an entrenched housing crisis in the country. Spanish Prime Minister Pedro Sanchez on
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump was facing “sufficient” evidence to have been convicted at trial for seeking to overturn the 2020 US presidential election, according to the special counsel who led the case against the president-elect.
A big bet on transatlantic flying has paid off for long-suffering investors in British Airways owner IAG, as a yearlong rally lifts the airline group’s shares to their highest level since the start of the pandemic. Shares in IAG, the owner of five carriers including BA, Iberia and Aer Lingus, last week closed just under
Stay informed with free updates Simply sign up to the UK energy myFT Digest — delivered directly to your inbox. The final price tag for building the planned Sizewell C nuclear power station in Suffolk is likely to reach close to £40bn, according to people close to the negotiations over the flagship energy scheme. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. I think there is an unwritten law that every article or policy discussion about the ageing population must begin with some scary statistics to frame the debate. So here are a few from the UN.
When Emirati billionaire Hussain Sajwani casually mentioned to his long-term business partner Donald Trump over dinner that he planned to expand into US data centres, the president-elect sensed an opportunity. “He says, ‘I have a press conference in a few days, and I would like to announce that’,” Sajwani said in a Financial Times interview
Last week Amazon announced plans to release a “behind the scenes” documentary about Melania Trump, produced by the incoming US first lady herself. The tech giant reportedly paid $40mn for the exclusive deal just weeks after it donated $1mn to her husband Donald Trump’s inauguration committee and committed to livestreaming the ceremony on its Prime
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels is reassessing its investigations of tech giants including Apple, Meta and Google, just as the US groups urge president-elect Donald Trump to intervene against what they characterise as overzealous EU enforcement. The review, which
When Alfred H. Williams got his start in the industry, the only way to know what was in the market was the “blue list.” “Most people had their blue list delivered to their office,” said Glenn Williams, Williams’s son. “Along with the morning paper, we had a blue list on our front porch.” Williams’s dedication
<img src=”https://public.flourish.studio/visualisation/21148409/thumbnail” width=”100%” alt=”chart visualization” /> Municipal yields continued to climb higher Monday as U.S. Treasuries were weaker and equities ended mixed. Municipal yields were cut one to eight basis points, depending on the scale, while UST yields rose, pushing 10-, 20- and 30-year yields to yearly highs. “Fixed income is beginning 2025 where it
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chancellor Rachel Reeves will this week step up pressure on Britain’s regulators to rip up anti-growth rules, in the face of renewed criticism from business that the government is making things worse. CBI chair Rupert
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US-led mediators have sent the final draft of a ceasefire proposal to Israel and Hamas after a “breakthrough” in talks over a deal to end the war in Gaza and secure the release of hostages.
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