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Business
Ikea sets record for world’s largest pajama party with over 2,000 employees participating
Ikea employees gathered in their pajamas to celebrate the beginning of a new initiative focused on improving sleep. In doing so, 2,052 employees in Älmhult, Sweden broke a…
Volodymyr Zelenskyy sacks air force chief after top pilot killed in F-16 crash
Stay informed with free updatesSimply sign up to the War in UkrainemyFT Digest -- delivered directly to your inbox.President Volodymyr Zelenskyy has fired the commander of the…
Judge orders Musk's X immediately shutdown in Brazil
A Brazilian Supreme Court justice ordered on Friday the "immediate suspension" of social media platform X in the country, after a court-imposed deadline expired for the…
Goldman Sachs to cut a few hundred staffers in annual performance review cull
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Goldman Sachs is preparing to cut a few hundred employees…
Judge allows lawsuit by Elon Musk's X against left-wing Media Matters to proceed
A federal judge in Texas on Thursday allowed a lawsuit filed by Elon Musk's X against the liberal group Media Matters to proceed to trial after denying the group's dismissal…
Sotheby’s earnings plunge as art market catches a chill
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sotheby’s has reported an 88 per cent plunge in its core…
Labor Day 2024: What to expect for gas prices before you hit the road
Gas prices this Labor Day are roughly 50 cents lower than they were a year ago, providing some relief to drivers who will hit the road for the long weekend. This year, AAA…
BC Partners buys a stake in sports agency GSE Worldwide
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BC Partners’ credit arm has bought a stake in the sports…
Cash in money market accounts at record level as rate cuts loom
The amount of cash held by investors in money market accounts reached a record level in August, even as looming interest rate cuts would lower their returns. Money market…
Directors’ Deals: M&S boss slims down stake
Stay informed with free updatesSimply sign up to the InvestmentsmyFT Digest -- delivered directly to your inbox.In late 2019, Marks and Spencer poached Tesco executive Richard…