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Trump tax law quietly takes aim at popular perk: office snacks
The SkinnyPop in the break room may not last. Donald Trump is targeting the office snack.The president’s signature tax law allows a long-standing business deduction for the cost of food provided to employees to expire, imperiling a workplace perk...
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Italian court confirms UniCredit must exit Russia to complete BPM takeover
Stay informed with free updatesSimply sign up to the European banks myFT Digest -- delivered directly to your inbox.An Italian court has confirmed that lender UniCredit must comply with a government demand to exit from Russia if it wishes...
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US demands to know what allies would do in event of war over Taiwan
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThe Pentagon is pressing Japan and Australia to make clear what role they would play if the US and...
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Photos: Disney’s “Happiest Place on Earth” celebrates 70 years
Earl Theisen—Getty ImagesOn July 17, 1955, Disneyland opened its gates for the first time to tens of thousands of people. The California park’s opening-day gala drew a crowd of 11,000 invited guests, as well as several thousand more who...
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‘It’s a strength’: female business leaders back Reeves’ tearful moment
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Female business leaders have lent their support to Rachel Reeves over the chancellor’s tearful appearance in the House of Commons last...
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Fuel to Air India 171’s engines was cut off seconds before fatal crash, report says
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The engines on Air India flight 171 briefly cut off seconds after take-off, a preliminary report into the jet’s fatal crash...
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OpenAI’s $3 billion deal with AI coding startup Windsurf collapses, as Google swoops in for licensing deal
Google has struck a licensing deal with coding startup Windsurf, upending OpenAI’s $3 billion offer to acquire the startup after the clock on the deal’s exclusivity period expired.The deal with Google means that Windsurf will continue to operate as...
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California pampers its chickens and Americans pay the price, Trump argues in new DOJ lawsuit
The Trump administration is suing the state of California to block animal welfare laws that it says unconstitutionally helped send egg prices soaring. But a group that spearheaded the requirements pushed back, blaming bird flu for the hit to...
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Unite union moves to suspend Rayner and re-examine ties with Labour
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Unite, the UK’s largest union, has moved to suspend deputy prime minister Angela Rayner and re-examine its relationship with Labour, in...
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Americans are eyeing up €1 homes in Europe to escape the broken economy—no Visa needed, but it’s not all dolce vita
Americans are packing their things and leaving the U.S. in droves. Those looking to escape may be able to snag a villa in Sicily for a sliver of the cost of a cup of coffee. U.S. citizens have been immigrating...
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DR Congo-Rwanda peace deal: How Trump wants US companies to cash in
Getty ImagesThe Trump administration is spearheading an ambitious, but controversial, peace initiative aimed at ending the long-running conflict in...