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Business
European investment banks cut bonuses after deal drought
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Europe’s investment banks have cut bonuses for a second…
Tesla CEO Elon Musk defends ketamine use as beneficial for investors
Following allegations of illegal drug use, Tesla CEO Elon Musk defended his ketamine prescription as beneficial for investors in an interview with former CNN host Don Lemon.…
America’s dollar stores are struggling
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.For Dollar Tree, the blockbuster deal to buy Family…
Tara Hankinson, LeAnn Darland, founders of Talea Beer Co, see success in taproom and online sales
In recent years, beer sales have maintained gradual growth since they took a nosedive in 2020. In 2019, beer revenue in the U.S. was over $120 billion, according to Statista.…
Calpers to invest more than $30bn in private markets
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Calpers, the US’s biggest public pension plan, is to…
Dollar store chain to close 1,000 stores as experts point to inflation and crime being top factors
Dollar Tree, the parent company of Family Dollar, announced it would close around 1,000 stores in the coming years due to poor market conditions and store performance, which…
Bentley hails record demand for bespoke cars
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lavish spending on custom features from wood trim to…
Easter egg gifted to child during WWII goes up for auction after it was preserved for 85 years
A chocolate-filled gift that was handed out 85 years ago is set to sell at auction — and it comes with a heartfelt backstory. Sybil Cook was a nine-year-old girl living in…
Europe must step up to a war footing, says leading ammunition group chief
Stay informed with free updatesSimply sign up to the Aerospace & DefencemyFT Digest -- delivered directly to your inbox.Europe must step up to a war footing and prioritise the…
Tennessee bill proposed would require pharmacies to inform customers of lowest prescription prices
A bill proposed in Tennessee aims to offer the cheapest prescription drugs to people in the state by requiring pharmacies to notify customers of the lowest price available for…