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Business
Million dollar lottery ticket unclaimed in Washington state
Someone in Washington state is now a millionaire – and they might not even know it. On June 22, the Muckleshoot Casino Resort in Auburn, Washington, sold a winning lottery…
Target loses cachet with shoppers as inflation and competition bite
The big-box US retailer Target is struggling to return to growth a year after backlash against LGBT+ themed merchandise triggered sharp declines in sales, while arch-rival Walmart…
ECB faces speculation over market intervention after French elections
The European Central Bank is facing mounting speculation that it could intervene if the French election triggers widespread market panic, as policymakers prepare for their annual…
John Deere CEO puts 80-acre horse farm up for sale
A large Illinois horse farm reportedly owned by John Deere CEO John May is up for sale. Realtor.com reported Wednesday the 80-acre property had hit the market and identified…
Milan probes into Dior suppliers’ illegal labour unsettle luxury sector
The Dior leather bag supplier Milan investigators long had their eyes on was located close to the Via del Lavoro in the suburban city of Opera — or labour street. But behind its…
Woman fulfills childhood dream of owning an old-fashioned candy store: 'Very surreal'
After dreaming about the shop since she was a little girl, a woman has finally opened her own candy store. Zoe Barnes is a 44-year-old from Kent, England, who grew up…
Dash for last orders on stock markets stirs concentration fears
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Fund managers are intensifying late-day dashes to trade…
Is the era of the mega private equity deal over?
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Even by the standards of Blackstone, it was a big…
Rent increases are pricing small businesses out of business
Not only is rent going up for housing across the nation, but small businesses are also feeling the pinch. A study by the Bank of America Institute found that rent increases…
Hong Kong’s exclusive clubs rocked by economic slowdown and expat exodus
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The price of membership at Hong Kong’s most exclusive…