British Airways on Sunday flew the fastest-ever New York to London subsonic flight, completing the 3,451-mile trip in 4 hours and 56 minutes as Storm Ciara barreled toward the U.K., according to Flightradar24, a flight-tracking service.
The big picture: The Boeing 747 aircraft arrived at Heathrow airport in Longford, England, almost two hours earlier than scheduled, and reached a top speed of 825 mph during the flight.
Beyond Meat is testing its plant-based chicken in KFC locations for three weeks across Tennessee, North Carolina and Kentucky, the company recently announced.
The big picture: McDonald's is one of the only major fast-food restaurants that has not embraced the fake meat boom, the Washington Post reports.
The average rates for 15- and 30-year fixed mortgage dipped to their lowest levels in three years this week, per new data from mortgage giant Freddie Mac.
The big picture: The bottom rung of the housing ladder has now ascended beyond the grasp of millions of Americans, regardless of whether they want to rent or buy, Axios' Felix Salmon reported last week. Home prices have surged in recent years.
Americans are buying fewer toys in the post-Toys "R" Us era.
The big picture:As we've reported, the demise of the toy giant kicked off a war among U.S. retail titans Amazon, Target and Walmart to vacuum up its toy sales. But the end of Toys "R" Us dealt the multibillion-dollar American toy market a blow that it still hasn't recovered from.
Tidjane Thiam will resign next week as CEO of Swiss banking giant Credit Suisse. His is the most senior head to roll as part of a multi-year scandal involving the bank spying on its employees.
Why it matters: Thiam was the first black person to head an FT10o company in the U.K., the first black person to head a European bank, and the first African to head a global bank.
The big headline out of Friday's jobs report "was that employers added 225,000 jobs in January, comfortably more than analysts had expected," N.Y. Times senior economics correspondent Neil Irwin writes.
The big picture: Positive underlying trends drove the unemployment rate up to 3.6% from 3.5%, while the share of adults working or looking for work rose to 63.4% — the highest since mid-2013, the Times writes.
The Justice Department has dropped its antitrust inquiry into four major automakers — Ford, VW, Honda and BMW — that struck a deal with California to boost emissions standards in defiance of White House plans to relax existing rules, the New York Times reported Friday and Axios later confirmed.
The big picture, via Axios' Amy Harder: This is a victory for California in a war against the Trump administration on multiple legal and policy fronts. Another one we're watching is how the administration's lawsuit against California's cornerstone climate policy shakes out.
