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Business
Warren Buffett sits tight on cash as Berskhire investments take a hit: reports
Warren Buffett’s Berkshire Hathaway posted $12.8 billion in losses as the company’s portfolio underperformed, underscored by the billionaire’s unwillingness to spend on new…
Downtown San Francisco McDonald’s location closes after 30 years: ‘Not recovered since the pandemic’
A downtown San Francisco McDonald’s closed its doors this week, with ownership labeling the city a "challenge" because of conditions like high office vacancies and a lack of…
Starbucks leans into Apple, Microsoft, Amazon partnerships
Starbucks, which traces its origin to a small coffee shop in Seattle’s Pike Place Market in 1971, has come a long way, with 38,000-plus stores worldwide and a fresh plan to up…
Will the private equity squeeze hit football?
On a trip to Stamford Bridge this week, I saw first hand the potential in front of US investors Clearlake Capital and Todd Boehly. Fans of Chelsea FC, the English football club…
Warren Buffett’s Berkshire cuts stocks for fourth straight quarter
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Warren Buffett’s Berkshire Hathaway continued to sell off…
Alaska Airlines slapped with lawsuit over off-duty pilot’s alleged attempt to crash passenger flight
Three passengers have sued Alaska Airlines over an incident last month in which an off-duty pilot attempted to shut down the plane’s engines. The passengers – who were on…
Texas ice cream store employs those with disabilities in effort to boost customer service industry
Landis said his employees also have patience and grace — something that also tends to be missing in the service industry.About five years into Howdy Homemade, Landis said his one…
Finance expert reveals how viral cash stuffing trend can help you stick to a budget
What’s old has become new again. Setting aside physical cash and stuffing it in envelopes to stay on budget – otherwise known as "cash stuffing" or the "envelope method" – has…
Taylor Swift puts Kansas City on the map with Travis Kelce relationship
Taylor Swift and Travis Kelce have put Kansas City back on the map post-COVID as their budding relationship has drawn eyes from all over the country to the all-American city.…
US consultancy Gallup withdraws from China
Stay informed with free updatesSimply sign up to the Chinese business & financemyFT Digest -- delivered directly to your inbox.Gallup, the polling and consulting group, is…