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Business
BBC to cut 155 roles from news operation
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The BBC has announced plans to eliminate 155 jobs from…
Walmart US CEO says retail giant is doing 'everything' it can to keep prices lower
Walmart's U.S. chief vowed to do "everything" he can to keep prices low, as the nation grapples with recent disasters and inflation amid a quickly approaching holiday shopping…
Boeing seeks up to $35bn to bolster balance sheet
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Boeing has announced plans to raise up to $25bn in new…
Walgreens to close 1,200 stores as part of turnaround effort
Walgreens plans to close at least 1,200 stores over the next three years as the pharmacy giant seeks to reduce costs and turn around operations under a new leader. One of the…
Citigroup and BofA join other big US banks in beating gloomy forecasts
Stay informed with free updatesSimply sign up to the US banksmyFT Digest -- delivered directly to your inbox.Citigroup and Bank of America became the latest big US banks to report…
Here's what the new Sam's Club locations will look like
EXCLUSIVE: Sam's Club, the Walmart-owned membership warehouse, is opening its largest innovation store, offering an entirely digital experience and boasting more displays as…
Goldman Sachs profits jump 45% to $3bn after trading boost
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Goldman Sachs’ quarterly profits jumped 45 per cent to…
Amazon deletes controversial video of exec wearing a necklace showing the Palestinian flag over Israel
Amazon removed a controversial video featuring an executive wearing a necklace of a Palestinian flag on top of Israel this week. Vice president of global specialists and…
UK must show ‘swagger’ to attract spending, investment minister says
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK’s new investment minister has called on Britain to…
Launches of actively managed exchange-traded vehicles are surging, but their performance is often poor
For most investors, exchange-traded funds are synonymous with passive investment. The asset-management industry is trying to change that—and likely not for the better. ETFs…