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Business
Starbucks names Chipotle chief Brian Niccol as new CEO
Starbucks announced on Tuesday that it is replacing CEO Laxman Narasimhan with Chipotle chief Brian Niccol. Niccol will take over as CEO of the coffee chain starting Sept. 9,…
Blackstone sells 3,000 homes worth £405mn to UK’s biggest pension fund
Stay informed with free updatesSimply sign up to the Private equitymyFT Digest -- delivered directly to your inbox.Blackstone has sold 3,000 homes to the UK’s largest private…
Inflation still small business owners' top concern, NFIB survey finds
Small business owners felt a little more optimistic about the economy last month, but a greater share said inflation is their biggest operating problem, according to National…
India withdraws controversial broadcast bill after backlash
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Narendra Modi’s government has withdrawn a draft…
California reignites war on gas stoves with newly proposed law
A new bill in California would require warning labels placed on all gas stoves starting next year, alerting consumers to any associated health risks. If passed, AB 2513,…
Home Depot cuts sales outlook as consumer spending weakens
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Home Depot has slashed its outlook for sales, citing…
Stuart Varney: Trump hasn't figured out how to beat Kamala Harris
During his "My Take," Monday, "Varney & Co." host Stuart Varney reacted to Kamala Harris taking the lead over Donald Trump in 3 key states, arguing the former president is…
Just Group raises profit outlook after surge in corporate pension deals
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Just Group, the UK life insurer, has said it will…
FDA moves the needle, approves first nasal spray for treatment of severe allergic reactions
Those suffering from anaphylaxis, a severe allergic reaction that could be life-threatening, now have another treatment option following U.S. Food and Drug Administration…
Nobel winners hit out at removal of fossil fuels from draft UN pact
Stay informed with free updatesSimply sign up to the Climate changemyFT Digest -- delivered directly to your inbox.Nearly 80 Nobel prizewinners and former world leaders have hit…