Business
Ikea posts first drop in revenue since 2020 after cutting prices
Flat-pack furniture retailer returns to policy of lowering furniture costs after pandemic-era increases
Surging US power demand set to exceed supply, says Bain
The boom in data centres for AI will raise prices for ratepayers and risks slowing the energy transition
Tesla set to unveil ‘Cybercab’ robotaxi after long wait amid doubts about its self-driving technology
Expectations are high for the long-awaited unveiling of Tesla’s robotaxi. Too high for some analysts and investors. Read More
7-Eleven’s parent company cuts full-year earnings forecast, presses ahead with restructuring
The news comes as the Japanese retail group resists a takeover attempt by Canada’s Alimentation Couche-Tard.
China markets follow U.S. rise with lift from new Beijing stimulus optimism
Traders around the word awaited U.S. inflation data for September—and the implications it will have for rate cuts at the ...
Banksy stab-proof vest made famous by British rapper Stormzy sold for £780,000
“In a way only Banksy can, he manages to powerfully condense a complex social issue through one redolent object.” Read ...
Thursday’s analyst calls: CVS gets upgraded, JPMorgan lowers rating on industrial giant
A pharmacy operator and an industrial stock were among the stocks being talked by analysts on Thursday.
The animal spirits of British business need to be lifted
The UK government’s international investment summit next week comes at a gloomy moment
Why the U.S. government is investigating Google
A series of complaints say Google’s dominant behavior in the online search, advertising, and web applications markets is violating antitrust ...
Britain’s new government closes in on major employment reforms including enhanced sick and maternity pay and a zero-hour contract ban
“The government will deliver on our promise to the British people of the biggest upgrade to workers’ rights in a ...
Pennsylvania Gov. Josh Shapiro shares details of his Elon Musk call, says they didn’t discuss politics
Shapiro said Musk called him to talk about bringing manufacturing jobs to western Pennsylvania.
Near-miss at Nashville airport after two planes were cleared to use the same runway
Pilots of the Alaska plane aborted their Sept. 12 takeoff at Nashville International Airport, applying the brakes so hard that ...
Hurricane Milton will test Florida’s creaking home insurance system
It may be that a warming planet cannot be underwritten at any acceptable cost
Billionaire Mark Cuban once ran a Ponzi scheme to pay for his college tuition
Before Cuban was worth nearly $8 billion, he ran a scam from his dorm room. Read More
British pharma giant GSK strikes $2.3 billion deal to put an end to 80,000 U.S. lawsuits
GSK has agreed to pay $2.3 billion to put an end to lawsuits alleging that its Zantac heartburn drug caused ...
Brookfield outbids Segro for FTSE 250 warehouse owner Tritax EuroBox
Logistics properties have become one of the most attractive parts of the commercial real estate sector
Marriott will pay $52m and boost security to close probes over data breaches that affected 300 million customers
The FTC and a group of attorneys general from 49 states and the District of Columbia announced the terms of ...
Trump’s odds have surged over the past week and he now holds a 2 vote electoral college lead, says prominent data scientist
Thomas Miller, a professor at Northwestern University, maintains that his model guided by political betting data is a much better ...
Hurricane Milton leaves more than 2.8 million without power as it slams Florida, causing deaths and flooding
Before Milton even made landfall, tornadoes were touching down across the state. Read More
Ripple launches crypto storage services for banks in bid to diversify
Ripple said it is launching a slew of features aimed at helping banks and fintechs store digital tokens — as part ...
Here’s what made Hurricane Milton so intense and unusual
Warm water fueled amazingly rapid intensification that took Milton from a minimal hurricane to a massive Category 5 in less ...
Business puts climate action ahead of politics
Hurricane Milton is a reminder that climate change is the defining issue of our age. Read More
Chinese stocks rebound in anticipation of finance minister briefing
CSI 300 rises almost 3% as central bank launches lending facility to stabilise market
At 100 Best Companies in Europe, high levels of trust sets the stage for AI
When more employees feel their workplace is fair, companies are more likely to quickly adopt AI tools and thrive. Read ...
The ‘80-hour circuit breaker’: Wall Street banks tackle workloads of junior staff
Moves to cap weekly hours for entry-level bankers butt against reality of competitive industry
Hurricane Milton to test booming ‘cat bond’ market
Investors warn of impact to value of natural disaster-linked debt from massive Florida storm
Steel magnate Gupta prosecuted over failure to file accounts
Industrialist faces multiple charges of failing to deliver accounts’ copies to Companies House
Portugal plans to become low-tax haven for young people
Centre-right government bets on 10 years of tax breaks to stop brain drain
Sequoia Capital and the evolution of the VC industry | FT Film
Why Sequoia and the venture capital industry are up against challenging times
