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Business
Group of Kentucky middle school employees wins $1M lotto, hides ticket in math textbook
A group of 30 current and former employees of a Kentucky middle school who won a $1 million Powerball jackpot hid the winning ticket in a math textbook. The educators refer to…
Romance scams rise by over one-fifth in 2023
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Romance scams — in which fraudsters latch on to people…
Deutsche Bank to lay off 3,500 employees
Deutsche Bank is cutting 3,500 jobs as it aims to shave off billions in operational costs by 2025. On Thursday, the German investment bank announced that it made further…
Advances in UK cancer survival fall sharply
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Improvements in cancer survival have fallen sharply in…
Mortgage rates dip slightly as demand remains stalled
Mortgage rates ticked a tad lower this week, but the slight decline provides little-to-no consolation for potential home buyers and sellers as demand remains largely stalled.…
Water bills in England and Wales to rise by 6% from April
Stay informed with free updatesSimply sign up to the UtilitiesmyFT Digest -- delivered directly to your inbox.Water bills in England and Wales will rise by an average of 6 per…
Amazon launches AI-powered shopping assistant Rufus
Amazon on Thursday unveiled Rufus, a new shopping assistant powered by generative artificial intelligence (AI) that can answer customers’ questions and make recommendations…
China’s start-ups take on big global beauty brands
When Chinese student Yeva Zhang first started to dabble in make-up, she only had eyes for “Japanese and South Korean brands” but now the 18-year-old student has stocked her “vanity…
Retailers struggling to keep popular Stanley cup-like toy by Fisher-Price in stock
The Stanley cup craze is bleeding into the toy market as a new product from East Aurora, New York-based Fisher-Price resembling a travel coffee mug is flying off the shelves…
India’s stock market rally fuels rush of IPOs
Stay informed with free updatesSimply sign up to the Indian business & financemyFT Digest -- delivered directly to your inbox.India’s surging stock market is fuelling a rush…