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Business
Democrats launch 'Crypto for Harris' campaign to counter Trump’s industry appeal
The Democratic arm of the cryptocurrency industry is determined not to let former President Trump run away with the crypto vote this fall. FOX Business has learned that a new…
Ministry of Defence asks suppliers to identify budget cuts
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Britain’s Ministry of Defence has asked all its major…
After a pay boom, raises are shrinking
The era of hefty pay increases is over, and companies are already making plans to trim raises again next year. The shrinking raises are the latest sign—alongside last week’s…
Live news: Asian equities decline with chip groups underperforming
A bounceback in cryptocurrency trading last quarter gave a lift to Robinhood, the brokerage that disrupted Wall Street with free stock, crypto and options trading.Net revenue rose…
Novo Nordisk slashes outlook even as it ramps up Wegovy production
Novo Nordisk lowered its full year forecast as Wegovy sales fell below expectations. Still, it hasn't wavered on plans to ramp up supply of the highly coveted weight loss…
NHS in England to roll out £1.7mn Crispr gene editing drug
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A £1.7mn treatment for the rare blood disorder beta…
White Castle slashes price of burgers as fast-food deal war ramps up
White Castle is offering a deal that cuts the price of its burgers by more than 30%, becoming the latest fast-food chain to roll out a value option in an effort to lure back…
British Business Bank makes a £122mn loss as tech valuations fall
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The British Business Bank made a £122mn post-tax loss in…
Big Lots could potentially close 315 stores
Up to 315 of discount retailer Big Lots’ locations could be on the chopping block and facing potential closure, a Securities & Exchange Commission (SEC) filing from Friday…
UK property market to feel boost from rate cuts, estate agents say
Stay informed with free updatesSimply sign up to the UK propertymyFT Digest -- delivered directly to your inbox.The UK property market is showing signs of life following the…