California eyes crackdown on identity-shielding LLCs

A California lawmaker wants to require business owners and landlords to disclose their identities under legislation aimed at cracking down on opaque ownership structures that have enabled some companies to skirt state laws without facing consequences. Limited liability companies and similar corporations in the United States are often formed to …

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How did customer service get so bad?

They used to say the British didn’t complain. We were known for our sense of reserve. But the apparent death of customer service in the UK has moved the national conversation on from talking about the weather. Today, we’re more likely to bond over our gripes with banks, energy companies, …

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The great bet on rate cuts is off

Stay informed with free updates Simply sign up to the Central banks myFT Digest — delivered directly to your inbox. Welcome to what Goldman Sachs is calling “reflation desperation”. For policymakers and investors, this will be a nauseating and probably lengthy ride. The embarrassing reset has come about because it …

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Mazda BT-50 Thunder Pro: A ute without boundaries

SPONSORED CONTENT When Mazda threw me the keys to its latest and greatest dual-cab ute, the BT-50 Thunder Pro, we headed off-the-beaten-track for some fun on the pristine New South Wales South Coast leaving the daily grind behind. Picking up the BT-50 I was excited to see the full-fat Thunder …

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The Justice Department wants to cut down on corporate misbehavior by offering wrongdoers leniency

The Justice Department is piloting a new program meant to entice employees or other individuals involved in unlawful corporate behavior to report it in exchange for leniency—with conditions. The new “Voluntary Self-Disclosure” program targets select individuals who were personally involved in corporate or financial wrongdoing, encouraging them with a non-prosecution …

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BYD spinoff reveals electric sports car, rugged SUV concepts

Fang Cheng Bao – one of Chinese car giant BYD’s many spinoff brands – has revealed a pair of unique electric concept vehicles, both expected to enter production in the coming years. Car News China reports Fang Cheng Bao unveiled the electric sports car concept and rugged SUV show car …

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