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Business
Salt Life apparel brand to close 28 retail stores after bankruptcy auction
Dozens of Salt Life retail stores across the country are closing following the company's recent purchase. Hilco Consumer-Retail Group, one of the new owners of the brand,…
Boeing’s supply chain shudders as workers walk and production slows
Spirit AeroSystems, Boeing’s struggling supplier, will begin furloughs in three weeks if a strike at its biggest customer continues, in a signal of how the work stoppage in…
Nancy Pelosi's husband sold more than $500K in Visa stock ahead of DOJ action
Former Speaker of the House and current Rep. Nancy Pelosi, D-Calif., is receiving attention once again due to her husband's stock trading, this time over her spouse unloading…
UK public awareness of military threat is ‘alarmingly low’
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The British public has an “alarmingly low” awareness of…
Air India passenger endures filthy first-class cabin after paying $6,300: 'I was robbed'
A TikTok user exposed the shocking conditions of a first-class Air India flight last week, allegedly showing that his pricey cabin was covered in dirt and mildew. Anip Patel,…
Masimo founder seeks $400mn payout after board ousting
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The founder of medical technology manufacturer Masimo is…
LARRY KUDLOW: Trump is offering tremendous new incentives for job and wage-enhancing business activity
If Deere & Co. wants lower taxes, they should get with the new Trump program and that's the subject of the riff. While Kamala Harris unveils her third economic plan in…
FirstFT: FBI investigates China-backed VC fund
Good morning. In today’s newsletter:The ‘soap opera’ derailing Australian central bank reformYoung Indians rack up credit card debtThe FT’s US Election GameBut first, the FBI is…
Arbitration board gives green light to US Steel-Nippon Steel merger over union's objections
An arbitration board on Wednesday ruled that Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel has complied with the requirements of the firm's labor agreement…
Britain presses Spanish group to bid for Harland & Wolff’s UK shipyards
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK government is seeking to persuade the Spanish…