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Business
Apple quarterly profit, revenue top Wall Street targets but China lags
Apple on Thursday reported sales and profit that beat Wall Street estimates, powered by growth in its iPhone business. But China sales missed analysts' targets. Apple shares!-->-->…
McKinsey partners re-elect Bob Sternfels after leadership challenge
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bob Sternfels has been re-elected as global managing…
LARRY KUDLOW: Iran has essentially declared war against the US 166 times.
It's day five since Iranian-backed militias attacked a U.S. military base in Jordan, killing three patriotic American soldiers and wounding over three dozen others. Before!-->-->…
Live news: US stocks close higher ahead of earnings from big tech trio
Man Group, the world’s largest publicly listed hedge fund, is retiring the GLG brand and merging some of the firm’s teams as it advances into credit markets, in the first big…
Bank that purchased failed community bank close to credit downgrade
New York Community Bank’s stock slide continued Thursday as it faces a potential downgrade from Moody’s after posting a surprise loss and announcing a dividend cut. NYCB is!-->-->…
Man Group retires GLG brand as new chief hones credit strategy
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Man Group, the world’s largest publicly listed hedge…
Mortgage rates continue to trend down, but affordability remains a pipe dream: Freddie Mac
Mortgage rates dropped to 6.63% this week, according to Freddie Mac’s Primary Mortgage Market Survey. Rates for 30-years fixed-rate mortgages were 6.69% last week, dropping by!-->-->…
Formula One’s Lewis Hamilton to join Ferrari from Mercedes
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Seven-time Formula One champion Sir Lewis Hamilton is to…
Identity and access management company Okta to slash 400 jobs
Okta is slashing 7% of its workers as part of a restructuring. The layoffs, announced Thursday, will result in approximately 400 Okta employees losing their jobs, according to!-->-->…
Reform UK accepted donations from Crispin Odey despite sexual assault allegations
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The rightwing party Reform UK accepted a political…