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Business
Costco CFO Richard Galanti to step down after nearly 4 decades as finance chief
Costco CFO Richard Galanti on Tuesday announced plans to step down after serving for nearly 40 years in the role. The retailer said Gary Millerchip, the former Kroger finance…
Crédit Agricole backs away from Atos refinancing as lenders fracture
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Negotiations between highly indebted IT services company…
Stuart Varney: Trump is steamrolling through Republican primaries as Biden fades
During his "My Take," Wednesday "Varney & Co." host Stuart Varney discussed the state of the 2024 presidential race after Donald Trump "rolled over" his Republican…
New York Community Bank seeks to reassure investors after Moody’s downgrade
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US regional lender New York Community Bancorp has sought…
Social inflation causing insurance rates to jump, no end in sight for rising premiums in 2024
Consumers aren’t likely to see their insurance rates go down this year, according to a Morgan Stanley report. The last few years have been rocky ones for the insurance industry.…
Commercial radio stations try to stop new BBC music spin-offs
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.British commercial radio stations have called on the UK…
‘Costly’ ESG standards, climate policies will ultimately reduce food and energy supplies: report
FIRST ON FOX: Climate change policies and environmental, social and governance (ESG) standards will have an outsized negative impact on the U.S. agriculture industry,…
Brunswick hires Lincoln Center boss to spearhead global expansion
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Public relations group Brunswick has turned to an…
12 states qualify for the IRS Direct File pilot program: Is yours one of them?
The IRS is rolling out sweeping new changes to the tax filing system by starting the slow launch of its Direct File program. The program intends to help tax filers bypass costly…
Brussels accuses Hungary of breaching EU rules with security law
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brussels has objected to Hungary’s sweeping new domestic…