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Business
Paramount Global laying off 3% of workforce, despite Super Bowl ratings record
Paramount Global announced on Tuesday that it will lay off about 800 employees, according to reports, just two days after its asset CBS Sports recorded the most-watched…
BlackRock splits custody business for Irish-domiciled ETFs
Stay informed with free updatesSimply sign up to the Exchange traded fundsmyFT Digest -- delivered directly to your inbox.BlackRock has appointed BNY Mellon as an additional…
Inflation driven Dow plunge is worst in 11 months
U.S. stocks tumbled in a broad sell-off after a hotter-than-expected inflation report may jeopardize the Federal Reserve’s plan to cut interest rates. The Dow Jones Industrial…
Michael Gove’s push to convert shops risks surge of poor quality homes, experts say
Stay informed with free updatesSimply sign up to the Property sectormyFT Digest -- delivered directly to your inbox.Michael Gove’s push to convert shops and offices into thousands…
Arkansas woman wins lottery, credits church sermon for inspiring her to play
A woman is taking home a lottery prize after a church sermon inspired her to test her luck. The winner, known as K. Anthony from Harrell, Arkansas, played Powerball on the…
China’s ‘Taobao villages’ turn from Alibaba to rival platforms
In Shaji town in eastern China, factories on Ali Road and Jack Ma Boulevard are pumping out cabinets and coffee tables. The streets were named in honour of Alibaba founder Jack Ma…
Nearly half of American adults are unmarried and that’s turning out to be good for Valentine’s Day
This Valentine’s Day, more people are saying "I love you"—to themselves. Self-gifting is on the rise for Cupid’s holiday as more consumers grow tired of receiving duds from…
Toyota Industries investor blames group’s ‘broken culture’ for data scandals
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A long-standing US investor in one of Toyota’s largest…
Disneyland character performers Mickey Mouse, Donald Duck looking to unionize
They may live in the Magic Kingdom, but they also want better working conditions. Workers at Disneyland, including performers who play the beloved characters of Mickey Mouse,…
CVC co-founder Donald Mackenzie, who led the F1 buyout, bows out before planned IPO
Stay informed with free updatesSimply sign up to the Private equitymyFT Digest -- delivered directly to your inbox.Donald Mackenzie, one of CVC Capital Partners’ co-founders and…