Business

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.German billionaire Mathias Döpfner and private equity…

Darden Restaurants will start delivering Olive Garden food via Uber later this year. The corporate parent of the Italian chain and other restaurant brands said Thursday that…

FedEx downgraded its profit outlook, citing weak demand after it reported lower sales and earnings than expected last quarter.The company brought down the top end of its full-year…

In a surprise move, Nike, Inc. on Thursday announced CEO John Donahoe will be retiring Oct. 13 and will be replaced by Elliott Hill, who will serve as president and chief…

The audit that Volkswagen claimed cleared it of allegations of forced labour in Xinjiang failed to meet international standards, according to a review of the leaked report on its…

It’s a September to remember courtesy of the Federal Reserve, which delivered a super-sized rate cut for investors on Wednesday.  The Dow Jones Industrial Average jumped over…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nike chief executive John Donahoe will retire next month…

Federal Reserve Chair Jerome Powell said Wednesday that immigration is helping push the unemployment rate higher as they enter the labor force and look for jobs. Powell was…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Are we back to “normal”? That is a question many…

Former President Trump suggested this week that if he returns to the White House he will do away with the $10,000 cap on deducting state and local taxes (SALT), which was…