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Business
‘Career cushioning,’ latest workplace trend, has employees trying to protect themselves heading into 2024
The unpredictability of the state of the American workplace continues to be on the minds of employees as the New Year of 2024 beckons. The response to this instability of job…
How anti-obesity drugs built the world’s largest charitable foundation
A century ago the makers of a revolutionary new drug called insulin promised not to make “nasty profits”. Their commitment created what is now the largest charitable foundation in…
Big-city crime in 2023 had some businesses saying enough is enough
In major cities across the country in 2023 a number of retail stores and other businesses faced with rampant crime, to the detriment of their livelihood and customers'…
Porsche reckons with history of forgotten Jewish co-founder
Porsche’s 75th anniversary extravaganza this summer included a frenzy of sports cars whizzing around its Stuttgart headquarters in front of an audience including heirs to…
Nike challenger Anta faces fresh rivals in Chinese sportswear race
In 1987, a teenage Ding Shizhong boarded a train from the southern Chinese city of Fuzhou to Beijing, carrying leather shoes manufactured at his family’s factory in the coastal…
FirstFT: Banks reverse post-pandemic hiring spree with 60,000 job cuts in 2023
Stay informed with free updatesSimply sign up to the WorldmyFT Digest -- delivered directly to your inbox.Good morning, and happy Boxing Day!Twenty of the world’s biggest banks…
Powerball jackpot rises to estimated $685M after no winner in Christmas Day drawing
The Powerball jackpot continues to rise after no tickets matched all six numbers Monday night to claim the $638 million grand prize. The jackpot now sits at an estimated $685…
Shipping giant to resume Red Sea voyages with Operation Prosperity Guardian in place
Denmark-based shipping giant Maersk announced Sunday it plans to resume routes through the Red Sea and Gulf of Aden, days after the U.S. said it was forming a coalition with…
Number of first-time UK housebuyers heads for 10-year low
The number of UK first-time buyers getting on the housing ladder is on track to hit a 10-year low as higher mortgage rates make purchasers more reliant on the so-called Bank of Mum…
Centenarians share the secrets to living a long, healthy life
The secret to longevity? If you asked 103-year-old Angelina "Angie" Torrisi and 101-year-old Margaret Vaccaro, they would not tell you they surpassed 100 years of age because…