Apple CEO Tim Cook gestures during the annual developer conference event at the company’s headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | Reuters Apple said on Monday that it has stopped issuing loans through Apple Pay Later,…
Stocks have surged to record highs this year on the back of an unexpectedly resilient U.S. economy and a euphoric AI boom. Defying Wall Street’s already buoyant—and still rising—forecasts, the S&P 500 has soared more than 15% year to date,…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. EU leaders from across the continent’s political spectrum voiced support for Ursula von der Leyen to win a second five-year…
Adobe headquarters in San Jose, California, US, on Thursday, Nov. 30, 2023. David Paul Morris | Bloomberg | Getty Images The U.S. government on Monday sued Adobe, accusing the maker of Photoshop and Acrobat of harming consumers by enrolling them…
Laurene Powell Jobs likes Malibu—a lot. The widow of Apple co-founder Steve Jobs has paid $94 million for an oceanfront estate in the Paradise Cove area of the California beach town, the Los Angeles Times reports. That’s the fourth property…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. London was the main drag to UK productivity growth between 2019 and 2022, a trend that pushed the efficiency gap…
A pharmacist holds boxs of Eli Lilly & Co. Mounjaro brand tirzepatide medication arranged at a pharmacy in Provo, Utah, US, on Monday, Nov. 27, 2023. George Frey | Bloomberg | Getty Images Skyrocketing demand for a class of weight…
The U.S. surgeon general has called on Congress to require warning labels on social media platforms similar to those now mandatory on cigarette boxes. In a Monday opinion piece in the The New York Times, Dr. Vivek Murthy said that…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israeli Prime Minister Benjamin Netanyahu has dissolved the war cabinet he set up in the wake of Hamas’s October 7 attack…
One of Florida’s poorest counties is preparing for the new “Airglades” airport, a $300 million cargo hub that could transform its economy. Local leaders see the project as a generational opportunity, one that could bring more than 1,400 new, high-skilled…