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Business
Target’s frugal customers leave it cheap and cheerless
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Among US big box retailers, Target used to have an edge:…
Trump Treasury contender Warsh no fan of DEI policies
One of the leading contenders to serve as President-elect Trump's Treasury secretary said that diversity, equity and inclusion (DEI) and similar policies are a distraction for…
‘Google Maps’ project for cells reveals their role in spread of disease
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A global quest to map billions of cells has made…
Elon Musk shares Milton Freidman's loathing of government bloat
Elon Musk and fellow billionaire Vivek Ramaswamy are already looking at what parts of the government could be slashed as they team up to lead President-elect Donald Trump's…
Cosmetics maker Elf Beauty falls after Muddy Waters unveils position
Stay informed with free updatesSimply sign up to the US & Canadian companiesmyFT Digest -- delivered directly to your inbox.Shares in Elf Beauty sank after short seller Muddy…
Varney: Trump hasn't forgotten how the 'deep state' treated him
During his "My Take," Wednesday, "Varney & Co." host Stuart Varney explained how Trump's Cabinet picks are reflective of his mistrust in the government, arguing the…
Northern Rail to cut Christmas timetable to improve reliability
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK’s largest rail operator outside London is…
Blackstone is buying Jersey Mike's: it also has a stake in these big brands
Blackstone is poised to become the majority owner of Jersey Mike’s through an acquisition that the investment firm announced on Tuesday. The investment firm, run by CEO…
Comcast to spin off cable TV networks and drive streaming growth
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Comcast is set to spin off its cable television networks,…
Target shares plunge after lackluster sales ahead of holiday season
Target shares tumbled on Wednesday after the retailer severely missed Wall Street's quarterly earnings estimates and cut its full-year profit guidance. The retailer's stock…