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Business
Archer Daniels Midland profits beat expectations
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Archer Daniels Midland’s profits fell less than expected…
Small business owners reveal ‘out of this world’ impact to their bottom lines
Some small business owners are pointing their fingers at one big macroeconomic change that has left them feeling more pessimistic about their futures than ever. "The rising…
BBVA approaches Sabadell to create €70bn Spanish banking giant
Stay informed with free updatesSimply sign up to the European banksmyFT Digest -- delivered directly to your inbox.Spanish bank BBVA has approached TSB owner Banco Sabadell about…
San Francisco disappearance: Suspect arrested, 16-year-old is safe, police say
A teenager has been found safe in San Francisco nearly a week after disappearaing, investigators said Sunday. The 16-year-old was located around 11:30 p.m. Saturday inside a…
Adidas delaying launches of premium trainers to maintain exclusivity
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Adidas has claimed that demand for some of its shoes…
Norovirus outbreaks linked to 2 cruise ships with over 150 infected
The Centers for Disease Control and Prevention are investigating two seemingly separate outbreaks of Norovirus linked to U.S. cruise ships. Cases have been linked to Princess…
Net inflows at St James’s Place drop sharply
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.St James’s Place has suffered a sharp drop in net inflows…
The history of Costco: How Jim Sinegal went from grocery bagger to redefining members-only retail
Washington state-based Costco is a relatively young company – despite this, it's one of the largest retailers in the U.S. and has a commanding presence in the global…
Premier Inn owner to cut 1,500 jobs as it scales back restaurants
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Premier Inn owner Whitbread is cutting about 1,500 jobs…
Walmart closing 51 health centers over lack of profitability
Walmart on Tuesday announced the closure of all its health clinics and related telehealth services, citing a lack of profitability. The Arkansas-based retailer said it decided…