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Cuomo accuses Mamdani of being a ‘very rich person,’ demands he ‘move out immediately’ from his rent-stabilized apartment
Andrew Cuomo is demanding that his opponent in New York City’s mayoral race, Zohran Mamdani, vacate his rent stabilized apartment, while pushing a longshot proposal that would bar other middle-class renters from accessing much of the city’s housing.“I am...
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Chipotle and Cava put rivalry on pause with $25 million bet on restaurant automation
Fast-casual competitors Chipotle Mexican Grill and Cava Group are coming to the table together to invest in the future of restaurant technology.Hyphen, a foodservice platform that automates culinary operations—including meal production at assembly stations—has raised $25 million in Series...
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Ford’s $5 billion bet on the ‘Model T’ of EVs could cost the company ‘billions’ more if it fails, analysts warn—mounting losses from its...
Ford’s renewed investment into its electric vehicles has the potential to either breathe new life into a division hemorrhaging money from past failed endeavors, or be a death knell for the American auto brand, analysts warned.The auto company announced...
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US has slashed global vaccine funding – if philanthropy fills the gap, there could be some trade-offs
The U.S. government is relaxing federal vaccine requirements and cutting vaccine research and development funding here at home. Elsewhere, it’s going even further.The Trump administration has stopped funding Gavi, a global initiative that helps millions...
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Markets cashed in on the war in Ukraine but may like peace with Russia even more, top analysts say
While European markets benefited from the Ukraine war, analysts believe peace could boost the euro and stocks even more. Lingering distrust of Russia means Europe is unlikely to cut defense spending after any ceasefire. NATO’s new commitment to 5%...
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Elon Musk threatens to sue Apple over App Store rankings
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Elon Musk has accused Apple of breaking antitrust rules and threatened to sue the US tech company over how his X...
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Six cities–Singapore, Bangkok, Ho Chi Minh City, Jakarta, Kuala Lumpur, and Manila–face at least a “high risk” of extreme precipitation and heatwaves.
In recent weeks, there have been viral images from the Philippines show couples exchanging wedding vows in flooded churches after Tropical Storm Wipha made landfall in late-July. The storm swept through southern China and central Vietnam, with heavy rain...
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Trump says Intel CEO has ‘amazing story,’ sets Cabinet talks
President Donald Trump said members of his Cabinet would continue discussions with Lip-Bu Tan in the coming days after meeting with the Intel Corp. chief executive officer at the White House on Monday.“The meeting was a very interesting one,”...
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AI talent comes at a 30% salary premium: ‘If you try to play catch up later, this is going to cost you even more’
AI skills are in demand, and HR will need to fork over higher salaries to recruit this talent.Adding AI skills to job descriptions could cost employers 28% more in annual compensation, a recent report from research firm Lightcast found. AI-related skills...
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Trump extends China tariff truce by another 90 days, pushing new deadline to November
AFP -
US President Donald Trump reportedly signed an order delaying the reimposition of higher tariffs on Chinese goods on Monday, hours before a trade truce between Washington and Beijing was due to expire.The halt on steeper tariffs will be in...