In recent weeks, prior to the decision release on Friday, hundreds of firms, including cosmetics company Revlon, aluminium giant Alcoa and food importers like tuna fish brand Bumble Bee, filed lawsuits contesting the tariffs, in a bid to get in line for a refund.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anthropic has said the Pentagon’s designation of the AI lab as a supply chain risk will not affect the “vast majority” of its customers as it vowed to fight the measure in court. The defence…
Mitchell LabiakBusiness reporter and Simon JackBusiness editor Getty Images AstraZeneca has paused plans to invest £200m at a Cambridge research site in a fresh blow to the UK pharmaceutical industry. The project, which was set to create 1,000 jobs, was announced in March 2024 by the previous government alongside another project in Liverpool, which was…
