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Business
Inflation puts US Black Friday crowds in a bargain-hunting mood
Bargain-hunting Americans are expected to turn out in record numbers for the start of the US holiday season, but their fatigue at higher prices is making retailers cautious and…
Butterball CEO: Larger turkeys in demand this year
Families are going bigger on their Thanksgiving turkeys this year as Americans return to the way they celebrated pre-pandemic, according to Butterball CEO Jay Jandrain. "We!-->-->…
Hipgnosis seeks new auditor as it faces legal action
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Hipgnosis Songs Fund, the troubled music rights owner, is…
Black Friday shopping: JCPenney, Macy’s lead with biggest discounts
As the holidays approach, retailers feverishly compete to lure in consumers during the critical period. In most cases, that means trying to offer the most tantalizing Black!-->-->…
The damp squib Statement
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Expectations were running high in the City in the run-up…
Judge finds Elon Musk, Tesla likely knew about potentially deadly Autopilot defect, allows lawsuit
A Florida judge found "reasonable evidence" that Tesla CEO Elon Musk was aware of a dangerous defect in the automaker's Autopilot system but still allowed the cars to be!-->-->…
Chinese shadow bank Zhongzhi faces $36bn shortfall after ‘management ran wild’
Stay informed with free updatesSimply sign up to the Chinese business & financemyFT Digest -- delivered directly to your inbox.Zhongzhi, one of the biggest groups in China’s!-->!-->…
Oil slides after OPEC’s unexpected meeting delay
Oil prices slid after the Organization of the Petroleum Exporting Countries (OPEC) unexpectedly rescheduled a series of meetings for later this month. West Texas Intermediate!-->-->…
Virgin Money profits hit by rising bad loan provisions
Stay informed with free updatesSimply sign up to the UK banksmyFT Digest -- delivered directly to your inbox.Virgin Money has missed profit expectations as it made a bigger than!-->!-->…
Grid operator sounds alarm as coal plant shutdown threatens power for millions
A power grid operator that serves millions of Americans across the mid-Atlantic is warning that a planned coal-fired power plant shutdown will severely threaten electricity…