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Business
Walmart to give US store managers a raise
Walmart announced Thursday that its U.S. store managers will get a raise in February, increasing the average hourly wage at the superstore to more than $18. Beginning on Feb.…
BASF earnings fall on higher costs and slowing demand
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BASF has reported a bigger than expected slump in sales…
Career coaches expecting 2024 layoff wave, ‘fierce’ job competition: Here’s what you should do
A new year can be full of fresh resolutions and prosperous opportunities – but how does 2024 fare if you’re looking for a new job? Three career experts and coaches spoke to…
Swiss group ABB says US Congress is examining its Chinese operations
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.ABB, the Swiss industrial conglomerate, has said US…
Sean ‘Diddy’ Combs drops lawsuit against Ciroc vodka parent company after accusing them of racism
Sean "Diddy" Combs has dropped a lawsuit against spirits giant Diageo in which he claimed it had not made promised investments in his DeLeón Tequila and Cîroc Vodka because of…
Private equity predicts deal rebound as sellers capitulate on prices
Stay informed with free updatesSimply sign up to the Private equitymyFT Digest -- delivered directly to your inbox.Private equity executives are predicting a sharp increase in…
Applebee’s launches one year of weekly date night passes for $200
Just in time for Valentine's Day, Applebee’s is launching a new "Date Night Pass" for $200 that includes up to $30 in food per week for a year. The passes will go on sale on…
China vows to rein in capacity in electric vehicle industry
Stay informed with free updatesSimply sign up to the Electric vehiclesmyFT Digest -- delivered directly to your inbox.China has said it will rein in expansion of the country’s…
Popular Bahamas resort halts shark tank experience after boy is bitten by shark
Operations of a shark tank "expedition" at a Bahamas resort are on pause after a shark bit a 10-year-old boy on Monday. The incident occurred at the Atlantis Paradise Island…
British retail sales fell more than expected ahead of Christmas
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.British retail sales plummeted in December, marking the…