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Business
PayPal launches new crowdsourced fundraising platform, the Generosity Network
Paypal launched the Generosity Network, a crowdsourced fundraising platform, to raise up to $20,000 over a 30-day period. "The Generosity Network was designed to provide an…
How are investors preparing for the Budget?
Executives are selling shares, investors are adjusting their bond portfolios and some business owners even accelerating planned liquidations ahead of Labour’s first Budget in 14…
US airlines have to automatically refund travelers for canceled, 'significantly changed' flights: What to know
The Biden administration's new rules, which require automatic cash refunds for canceled or significantly delayed flights, took effect this week. "Passengers deserve to get…
Adani Enterprises profit rockets on growing airports and green business
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Adani Enterprises, the flagship business incubator owned…
Inter Ikea CEO sees turnaround in housing
Inter Ikea CEO Jon Abrahamsson Ring believes housing market conditions will improve over the coming year, signaling a positive outlook for the company's kitchen business. As…
UK banks deserve a place in the sun
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The tide has turned for UK banks. Having lagged behind…
JPMorgan Chase's Jamie Dimon says 'time to fight back' against bureaucrats
JPMorgan Chase chairman and CEO Jamie Dimon called the current state of banking regulations under the Biden-Harris administration an "onslaught" during an annual convention on…
How Callaway’s bet on driving range chain Topgolf went off course
In 2020, Oliver Brewer III made a foray into processed poultry on the bet that food service would be the next growth story for his sporting goods empire.Brewer, the longtime chief…
Would a 4-day work week work in the US?
The prospect of slashing a day of work from the schedule each week without a lower paycheck is a great deal for workers, so it is not surprising that multiple studies show…
HSBC’s investors should not bank on its latest overhaul
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Share buybacks at HSBC, strong earnings and, more…