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Business
New EY chief rules out reviving plan to split Big Four firm in two
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EY’s new global chief executive Janet Truncale has ruled…
Volkswagen recalls 271K Atlas SUVs over airbag issue
Over a quarter of a million Volkswagen Atlas SUVs are being recalled in response to an issue that could lead to the front passenger airbag not working properly. "The passenger…
US Supreme Court rejects Sackler liability releases in Purdue bankruptcy
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US Supreme Court has invalidated a measure in Purdue…
TikTok influencer shares simple tips to ‘financially thrive and not just survive’
Do you want control over your money instead of it controlling you? That’s the inspiration behind Taylor Price’s popular TikTok page, and now she’s sharing a new piece of…
Britain’s once-booming bike market slumps
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The downturn in Britain’s once-booming bike market is…
Walgreens to close 'significant' number of underperforming stores, cuts profit forecast
Walgreens on Thursday announced plans to close a "significant" number of underperforming stores across the U.S. due to ongoing challenges with profitability and declining…
New FDI projects in UK fall to near 12-year low
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The number of foreign direct investment projects in the…
Coinbase sues SEC, FDIC for information relating to crypto regulation
Coinbase is launching a new legal offensive against the Securities and Exchange Commission and the Federal Deposit Insurance Corporation to procure documents relating to the…
This Citigroup turnaround still has a way to go
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Citigroup boss Jane Fraser has a message for investors:…
Uber will pay you to temporarily forgo your car
Rideshare giant Uber Inc. is paying U.S. car owners to temporarily forgo the use of their vehicles. During Uber's One Less Car trial, up to 175 selected participants in North…