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Business
Business leaders react to Biden dropping out of presidential race
President Biden's announcement on Sunday that he will not accept the Democratic Party's nomination for the presidency in the 2024 election spurred quick reaction from several…
Biden ends 2024 White House run: Read full letter here
President Biden succumbed to pressure from both sides of the aisle and ended his 2024 run for the White House. He delivered the news Sunday in a letter to the American people,…
Remington's ammunition arm losing support from shareholders of sale to foreign company
Vista Outdoor’s second-largest active shareholder, Gates Capital Management, announced it is opposing the $2.1 billion sale of The Kinetic Group to foreign-based Czechoslovak…
Nippon Steel hires former Trump official Mike Pompeo to advise on US Steel acquisition
Japan's largest steelmaker, Nippon Steel, has hired former Secretary of State Mike Pompeo to help with the company's $14.9 billion bid to acquire U.S. Steel. The Kydoo news…
Spy-linked Russians restart trade with German toolmaker
Companies linked to a Russian spy ring have resumed buying machinery from a German toolmaker — just months after the manufacturer was warned about sales to the same smuggling…
Why July is an ideal time for a mid-year money check-in
July is often thought of as a time for home improvement projects, well-deserved vacations and leisurely day trips. In addition to these activities, financial pros say that the…
Supply chain squeeze threatens to blow UK wind power plan off course
At the port of Nigg on the Cromarty Firth, a vessel arrives from Hull to deliver 108m-long Siemens Gamesa blades for the 60 turbines forming Ocean Wind’s Moray West offshore wind…
Gen Z benefits most from financially supportive parents, especially for rent and housing costs
It is common for parents to support their children even as they enter adulthood, but at what point should parents cut the financial ties? The specific cutoff age for each…
Drahi’s Altice raised more than £1bn margin loan against BT stake
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Altice took out a more than £1bn margin loan against its…
Boeing crash families tee up fight with US prosecutors over compliance monitor
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Families of victims killed in 737 Max crashes are…