J.R. Reed’s three kids were scattered in different states across the country this week. They all had tickets to get home — on Delta. But they couldn’t even get onto planes. Delta paused its unaccompanied minors program during the airline’s meltdown in the wake of the global tech outage that…

Stay informed with free updatesSimply sign up to the Equities myFT Digest — delivered directly to your inbox.Wall Street steadied after a recent technology rout on Thursday following better than expected US growth figures, although chip stocks in Europe and Asia suffered heavy declines.The Nasdaq Composite rose 0.2 per cent…

Insurers have begun calculating the financial damage caused by last week’s devastating CrowdStrike software glitch that crashed computers, canceled flights and disrupted hospitals all around the globe — and the picture isn’t pretty. What’s been described as the largest IT outage in history will cost Fortune 500 companies alone more than…

Stay informed with free updatesSimply sign up to the US equities myFT Digest — delivered directly to your inbox.US technology stocks sank sharply on Wednesday after lacklustre overnight results from index heavyweights Tesla and Alphabet, deepening the recent sell-off in a sector that has driven the bulk of market gains…

Overstock.com, which was one of the biggest names in e-commerce, is being revived just a year after its new owners ditched the name in favor of Bed Bath & Beyond. The relaunched Overstock.com sells a lot of stuff similar to its previous incarnation, including indoor and outdoor furniture, home improvement…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseUS vice-president Kamala Harris has now secured enough delegates to replace Joe Biden as the Democratic party’s presidential candidate against Donald Trump in this year’s election.The question is how…

A Russian court has sentenced Alsu Kurmasheva, a Russian-American journalist, to six-and-a-half years in prison, state news agency TASS reported Monday. The hearing, which was held behind closed doors, found Kurmasheva guilty of spreading false information about the Russian army, making her just the latest US journalist to be convicted…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseKamala Harris was close to locking up Democratic support for her run at the White House on Monday, as endorsements and money poured in for the vice-president’s candidacy one…

The world learned relatively quickly that cybersecurity firm CrowdStrike was behind a crippling global tech outage on Friday. But figuring out who will pay the bill for the damages could take a lot longer. What one cybersecurity expert said appears to be the “largest IT outage in history” led to…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HousePresident Joe Biden faced fresh pressure to abandon his re-election bid on Sunday after a fifth US senator called for him to step aside and new polling showed Donald…