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US auto strike: Eye-popping CEO pay
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![Oleg Deripaska: ‘Believing that the sanctions will stop [the war] or create regime change or somehow make us closer to the end of the conflict . . . No. We need to have another solution’ © Dmitri Lovetsky/AP](/uploads/news/2023_09/1695676709.jpg)
Russia has proved resilience to western sanctions, says Oleg Deripaska
Metals oligarch tells FT of his ‘surprise’ at performance of economy in wake of invasion of Ukraine
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Rupert Murdoch steps down from News, Fox
The Australian-born media tycoon has announced he will step down from News Corp and Fox and hand over the reins to his son Lachlan.
By Editors Desk -
UAW launches historic strike against Big Three automakers
Some 2,600 nonstriking General Motors and Ford workers in Kansas and Michigan face temporary unemployment due to fallout from a striking plant.
By Editors Desk
Latest Business
Carriers Are Offering iPhone 15 Deals. Beware the Fine Print.
Trade-in offers from AT&T, T-Mobile and Verizon also come with trade-offs.
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Endeavor Closes UFC, WWE Merger, Creating Powerhouse Firm TKO Group
"We're ready to fire out of the gate," says Mark Shapiro, Endeavor's president and COO, who will hold the same title at the combined company.
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The End of Airbnb in New York
Thousands of Airbnbs and other short-term rentals are expected to disappear from rental platforms as New York City begins enforcing tight restrictions
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◆ WSJ NEWS EXCLUSIVE: Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition
Rocket maker has lent the executive money on several occasions over the past few years
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Spotify’s $1 Billion Podcast Bet Turns Into Serial Drama
The prospect of podcast riches led to aggressive investments in celebrity deals and original programming for what appeared a sky’s-the-limit media frontier.
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Hollywood strikes costing California economy billions – FT
The halt in production has created a knock-on effect for companies that support the movie industry
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New phone sparks worry China has found a way around U.S. tech limits
Huawei, which has been under U.S. sanctions for years, released the phone pointedly during Gina Raimondo’s visit to Beijing.
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Twitter allows US political candidates and parties to advertise in policy switch
Announcement by the Elon Musk-owned social media platform has experts concerned over misinformation ahead of 2024 election
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Manufacturers Leaving China Find a Home With Indian Startups India is looking to build up its factory base, and venture-capital investors are noticing.
India is looking to build up its factory base, and venture-capital investors are noticing.
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OnlyFans: Who is Leonid Radvinsky, the elusive owner of a porn empire?
OnlyFans' profits have skyrocketed in the past year and news that its owner earned more than $300m (£238m) in dividends has ignited fresh questions about the pornography mogul.
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’Pleading for money’: Chinese economy in trouble as Xi Jinping’s leadership falters
Retail sales are down, exports are slipping and local governments are pleading for cash. China is in trouble – but will it drag us down with it?
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The Staggering Economic Impact of Taylor Swift’s Eras Tour
The reasons behind the Eras Tour's unmatched success are many.
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Macy’s To Roll Out Small-Format US Stores in Northeast, West
Retailer Unveils Locations for Expansion of Pint-Sized Sites
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Airbnb Hosts and Guests Scramble as New York Begins Crackdown
New short-term rental regulations could eliminate huge blocks of listings for visitors looking for options beyond hotels
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America’s Fight Over Tipping at Restaurants Comes to Its Biggest Battleground Yet
Chicago restaurants say they will have to boost prices and cut staff if a “sub-minimum wage” proposal becomes law.
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