SpaceX’s mega rocket Starship launches for a test flight from Starbase in Boca Chica, Texas, on Jan. 16, 2025. Eric Gay | AP The Federal Aviation Administration said on Friday that SpaceX’s Starship rocket is grounded until the company and regulator complete an investigation into the midflight failure of the most recent test flight, which…

Cans of Pepsi are on display at a Target store in the Flatbush neighborhood of Brooklyn, New York City, on Feb. 9, 2024. Michael M. Santiago | Getty Images The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more…

The European Commission has asked X to hand over internal documents about its algorithms, as it steps up its investigation into whether Elon Musk’s social media platform has breached EU rules on content moderation. The EU’s executive branch told the company it wanted to see internal documentation about its “recommender system”, which makes content suggestions…

The UK’s blue-chip stock index has hit a record high, as hopes of interest rate cuts this year drove down government borrowing costs. Almost every share on the FTSE 100 rose on Friday, as a fall in the value of the pound bolstered multinationals listed in London and propelled the index above 8,500 points for…

Two men have been sentenced after a £1m fraud in which letters from banks were intercepted and used to steal money from people’s accounts. Muhammed Qayyum, 42, and Abdul Khan, 30, worked together on the scheme where victims had their post stolen and then banks were contacted to get the account details changed so funds…