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Business
Bill Ackman defends online activism as he plans fund launches
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bill Ackman has told investors he plans to raise tens of…
Ford’s profits getting eaten up by EV’s
The electric vehicle (EV) push is eating into Ford’s profit margins as the company seeks to find the right mix between profitable vehicles consumers want today and the next…
UK pension funds lost £425bn in year of bond market crisis
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK pension fund values plunged by around £425bn in 2022…
CVS store fined for unsafe working conditions and putting customer, staff safety at risk
A CVS pharmacy in Ohio was fined $250,000 after an investigation by state officials found that it failed to properly staff the location and put employees and customers at…
L’Oréal predicts price rises will slow as inflationary pressure cools
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The chief executive of L’Oréal, the world’s biggest…
Cruise lines sailing into 2024 seeing strong demand, AAA says
The cruise industry is riding a wave of strong demand into the new year. "Travel demand is off to a strong start, which means availability will continue to shrink in the next…
Deutsche Börse chief ‘deeply concerned’ about rise of German far right
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The head of the German stock exchange has said he is…
Freddie Mac announces $2,500 credit for down payment assistance for very low-income families
Prospective homebuyers who earn 50% of their area median income or less are now eligible for a $2,500 credit they can put toward a down payment or other closing costs, Freddie…
Nvidia share price juggernaut will not be stopped easily
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Is there any way that a company can still be considered a…
Ahead of Super Bowl, parents warned of potentially deadly TV hazard that could put kids at risk
Ahead of Super Bowl weekend, federal safety regulators are warning families to be wary of furniture and TV tip-over incidents that land thousands of children in the hospital…