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Business
Disney’s Bob Iger admits second stint as CEO more challenging than he expected
Disney chief executive Bob Iger acknowledged during a company-wide town hall Tuesday that his second stretch at the helm since returning a year ago has proven more difficult…
Black Friday bonanza could lead to a festive hangover for retail
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Last week, while most of my family was watching American…
Rural restaurant’s viral job listing appeals to ‘alcoholics,’ those with ‘police record’
A desperate restaurant in Tasmania shared a tongue-in-cheek job listing saying that they were searching for "high-achieving" workers, including those who may have a police…
UK business closures overtake openings as high borrowing costs bite
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.High borrowing costs and weaker demand are hitting UK…
Mark Cuban to sell majority stake of Dallas Mavericks to billionaire Miriam Adelson: reports
Mark Cuban, the billionaire owner of the NBA’s Dallas Mavericks, will reportedly sell a majority stake in the team to billionaire Miriam Adelson, widow of late businessman…
Weaker yen and top-quality snow lure investors to Japan’s ski resorts
Since buying a home in Niseko eight years ago, Tracy Lenard, a mountain guide, has watched as the quiet town in the northern island of Hokkaido transformed into Japan’s most…
Americans expected to smash holiday spending records, Gen Z less likely to splurge
Holiday sales are expected to increase 3% to 4% this year when compared to last Christmas, but with uncertainty in the U.S. economy, most shoppers say they’re looking for…
FirstFT: Goldman Sachs cuts back ‘growth at all costs’ China strategy
Stay informed with free updatesSimply sign up to the Global EconomymyFT Digest -- delivered directly to your inbox.Good morning. Goldman Sachs chief executive David Solomon warned…
Florida man becomes a millionaire with convenience store scratch-off
One Florida man had his lucky day after a $20 lottery ticket led to him winning $5 million. The Florida Lottery announced Tuesday afternoon that 66-year-old Rickey Johnson won…
Charlie Munger, Berkshire Hathaway vice-chair, 1924-2023
There is perhaps no one celebrated more today for making money than Warren Buffett. But the tens of billions of dollars he amassed — and the zealous investment groupies that…