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Business
Do not sound the alarm on Europe’s defence sector yet
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EU defence stocks are losing ground. After a two-year…
New court filings show SEC, Chair Gensler believed ethereum was a security for at least a year
EXCLUSIVE: The Securities and Exchange Commission and its chairman, Gary Gensler, appear to have believed for at least a year that the second largest cryptocurrency, ethereum,…
Philips shares surge after $1.1bn settlement over sleep apnoea devices
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Dutch group Philips has agreed to settle litigation…
Prices at California Chipotle, McDonald's and other fast-food chains are rising following minimum wage hike
Prices at Chipotle, McDonald's and other fast-food giants in California are rising after a minimum wage hike went into effect. "Chipotle said in an investor call Wednesday…
Deutsche Bank shares slide on €1.3bn Postbank hit
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Deutsche Bank’s gains from better than expected quarterly…
Stagflation fears come back with a vengeance
Some Wall Street strategists are growing concerned the U.S. economy could be headed toward a 1970s-style stagflation scenario amid recent signs of stubbornly high inflation…
Puig aims for top-of-the-range €14bn valuation at IPO
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Spanish beauty group Puig is aiming for a…
Former auto honcho exposes the 'colossal mistake' made with America's EV push
If you’re reading this, you’re more than likely not the owner of an electric car. According to Experian data, as of the third quarter of 2023, only 1% of all registered…
Carmakers need to be tech-savvy to get an edge in China’s EV market
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Cutting prices no longer gets you very far in China’s…
The cost of college tuition surged the highest in these states
College tuition has become even more costly over the years as tuition rates continue to rise, forcing more students into debt. During the fourth quarter of 2023, student loan…