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Business
Former Goldman and Blackstone employee charged with insider trading
Receive free Insider trading updatesWe’ll send you a myFT Daily Digest email rounding up the latest Insider tradingnews every morning.A former Goldman Sachs and Blackstone Group…
Government shutdown chances just hit 90%, budget watchdog warns
As Congress scrambles to avoid a government shutdown, a budget watchdog warns that the chances are not in their favor. "Experts see the chances having shot up to almost 90% at…
Portugal puts national airline TAP up for sale
Receive free TAP Air Portugal updatesWe’ll send you a myFT Daily Digest email rounding up the latest TAP Air Portugalnews every morning.Portugal’s national carrier TAP has been…
Epic Games is laying off roughly 900 employees: report
"Fortnite" maker Epic Games is laying off about 900 employees, or 16% of its staff, Bloomberg News reported on Thursday. The job cuts were announced in a memo to staff, the…
Abu Dhabi group IHC sells out of two Adani companies
Receive free Adani Group updatesWe’ll send you a myFT Daily Digest email rounding up the latest Adani Groupnews every morning.Abu Dhabi conglomerate International Holding Company…
USFL, XFL announce intention to merge leagues
The United States Football League and the XFL on Thursday announced their intent to merge. "Subject to customary regulatory approvals and if the transaction is consummated,…
Evergrande chair put under ‘mandatory measures’ on suspicion of crimes
Receive free Evergrande Real Estate Group updatesWe’ll send you a myFT Daily Digest email rounding up the latest Evergrande Real Estate Groupnews every morning.Evergrande on…
Delta CEO says airline will modify SkyMiles changes: ‘Probably went too far’
Delta Air Lines CEO Ed Bastian admitted that the airline "probably went too far" with recent changes to its SkyMiles program, and said that there will be modifications. The…
Northvolt to build battery gigafactory in Canada
Receive free Northvolt AB updatesWe’ll send you a myFT Daily Digest email rounding up the latest Northvolt ABnews every morning.Northvolt, Europe’s big battery hope, is building…
Government shutdown could impact air travel, officials warn: ‘Consequences would be disruptive and dangerous’
Transportation Secretary Pete Buttigieg warned Wednesday that a government shutdown would negatively impact air travel and that the Federal Aviation Administration (FAA) would…