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Business
Capita shares tumble as it reports £107mn loss
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Capita has slumped to a bigger than expected annual loss,…
Blue collar town rocked as nation’s oldest gun manufacturer flees for red state: ‘Can’t erase…
America’s oldest gun manufacturer, Remington, is officially closing its plant in New York this month and moving to Georgia after more than 200 years in the Empire State. …
FirstFT: Trump and Biden close in on rematch with Super Tuesday wins
Stay informed with free updatesSimply sign up to the WorldmyFT Digest -- delivered directly to your inbox.Good morning. Donald Trump cruised to victory in nearly all of the states…
Bezos knocks Musk out of No. 1 spot on Bloomberg billionaires ranking
Jeff Bezos on Monday beat out Elon Musk as the wealthiest billionaire. That’s according to Bloomberg and its Billionaires Index, which now has the Amazon founder and his…
New Legal & General chief executive promises ‘fresh perspective’
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Legal & General’s new chief executive António Simões…
TikTok faces ban in bipartisan bill if ByteDance doesn’t divest ownership
House lawmakers on Tuesday introduced a new bipartisan bill that would ban TikTok if its China-based parent company ByteDance doesn't divest its stake in the social media…
H&M joins Northvolt backer and TPG to tackle fast fashion emissions
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.H&M has teamed up with private equity group TPG and…
Mega Millions jackpot rises to staggering $687M ahead of Friday drawing
The Mega Millions jackpot now sits at an estimated $687 million after no tickets matched the winning numbers during Tuesday night's drawing. The winning numbers drawn Tuesday…
UBS chief Sergio Ermotti hits out at Europe’s ‘parochial’ view of banks
Stay informed with free updatesSimply sign up to the European banksmyFT Digest -- delivered directly to your inbox.UBS chief executive Sergio Ermotti has hit out at European…
Target launches new paid membership program
Target is launching a paid membership program next month in a bid to boost revenue and market share as consumers remain cautious about spending. The new program, called…