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Business
High-end outerwear company slashing nearly 1,000 corporate jobs
Canada Goose is shrinking its white collar headcount. The high-end outerwear company on Tuesday revealed that about 17% of its corporate workers would lose their jobs in the…
Apple’s buyback bonanza could be casualty of antitrust crackdown
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Should companies be punished for handing money back to…
Mega Millions jackpot surges to $1.13 billion after no grand prize win
The Mega-Million jackpot swelled to $1.13 billion on Tuesday after no winners were selected in thirty previous drawings. The winning numbers Tuesday night were: 7, 11, 22, 29,…
A radical change for the US Treasury market
Episode description: The past several years in the US Treasury market have not been what you’d call smooth sailing. Three crises in a decade recently pushed regulators to introduce…
Amazon speeds up prescription delivery in NYC, LA
Amazon Pharmacy launched same-day delivery to New York City and Los Angeles this week, with plans to expand the service to over a dozen new cities by the end of the year. As…
China megaport builder hits back as Peru moves to scrap exclusivity deal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A Chinese state-owned shipping company building one of…
RFK's running mate is Google co-founder's ex: Who is she?
Robert F. Kennedy, Jr. on Tuesday named attorney Nicole Shanahan, who was previously married to Google co-founder Sergey Brin, as his vice presidential pick for his…
China’s ‘battery king’ dismisses solid-state EV commercialisation as years away
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The much-vaunted solid-state battery for electric cars is…
Baltimore sells $1 houses in effort to combat vacant home crisis
Baltimore, Maryland, city officials approved a program that would sell city-owned vacant homes for next to nothing at $1 for some applicable residents. According to the…
NBC cuts ties with former Republican party chair Ronna McDaniel after backlash
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.NBC News has parted ways with Ronna McDaniel, the former…