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Business
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…
China’s military capability set to grow faster than its defence budget
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.When China announced its draft budget this week, its…
Dodge announces first electric muscle car in Charger lineup
Dodge on Tuesday announced that it delivered the "world's first and only electric muscle car" with the release of its lineup of new 2024 Dodge Charger sports cars. The new…
British American Tobacco chief embraces new UK vape tax
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The chief executive of British American Tobacco has…
Kentucky man pays off mortgage with 6-figure lottery win: ‘I actually started crying’
A Kentucky man used his six-figure lottery winnings to pay off his mortgage last month. Valley Station resident Charles Stallard bought a Kentucky Lottery scratch-off card…