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Business
Gunvor to pay more than $660mn to resolve US corruption case
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Swiss commodities trader Gunvor has pleaded guilty and…
Panera announces major menu changes set to debut next month
Panera Bread will introduce nine new entrees and upgrade some of its current offerings. The changes, centered on giving "core" offerings like soups, salads and sandwiches a…
Wirecard fugitive Jan Marsalek recruited by Russian intelligence in 2014, says report
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Wirecard fugitive Jan Marsalek was recruited by Russian…
CVS, Walgreens to begin selling abortion pill this month
CVS and Walgreens, the two largest U.S. pharmacy chains, will start selling abortion pill mifepristone at their stores in several states this month, drawing praise from…
Apple reverses course on plan to cut off ‘progressive web apps’ in EU
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Apple has reversed course on a plan to cut off access to…
NYCB stock plummets as bank replaces CEO, cites ‘material weakness’
New York Community Bancorp shares tumbled after replacing its CEO and disclosing lapsed internal controls. Shares of the regional bank fell over 20%. Ticker Security Last…
Investors left in the dark after US companies fail to file on time
Stay informed with free updatesSimply sign up to the AccountancymyFT Digest -- delivered directly to your inbox.The number of large US companies missing deadlines to file their…
Mortgage rates continue their upward climb, prospective buying activity down
Mortgage rates continued to climb this week, with the 30-year fixed-rate mortgage hitting 6.94%, according to Freddie Mac. That's up from last week when it averaged 6.90%. The…
The JPMorgan banker tasked with reviving Citi’s investment bank
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.At JPMorgan Chase, investment banking head Vis Raghavan…
Iowa basketball ticket prices surge after Caitlin Clark decides to enter 2024 WNBA Draft
The Iowa Hawkeyes' Caitlin Clark recently surpassed Kelsey Plum to become the top scorer in NCAA women's basketball history On Thursday, Clark announced she will enter this…