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Business
Gambling group Entain’s chief steps down
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Entain’s chief executive Jette Nygaard-Andersen has…
Solar company cons elderly man with dementia in billon-dollar scheme, victims’ daughter claims
The daughter of an elderly Texas couple sounded off Monday evening on solar energy company Sunnova, after they allegedly pressured her 86-year-old father with dementia to sign…
Zara owner Inditex reports slowdown in sales growth
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Zara owner Inditex has reported a slowdown in sales…
Puma to drop sponsorship of Israel’s national soccer team next year, decision ‘unrelated’ to BDS…
Puma will drop its sponsorship of Israel's national soccer team in a decision the German sportswear company said was unrelated to the ongoing war in Gaza. The decision was…
Metro Bank freezes bid for BoE regulatory sign-off on risk models
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Metro Bank has suspended its bid to secure regulatory…
Majority of Americans feel US economy is in recession: survey
The U.S. economy may not technically be in a recession, but most Americans believe it is. That's according to a recent survey conducted by Bankrate, which found 59% of U.S.…
Some Democrats in Congress call on FTC to block Albertsons-Kroger merger
A group of Democratic lawmakers is urging the Federal Trade Commission (FTC) to block Kroger’s planned $24.6 billion acquisition of Albertsons, arguing that a failure to do so…
Doritos unveils nacho cheese-flavored booze that costs $65 a bottle
PepsiCo and custom spirits maker Empirical are teaming up to launch a new spirit that tastes like a Doritos nacho cheese chip. The Empirical x Doritos Nacho Cheese Vacuum…
Yellen blames ‘aftermath’ of COVID for Bidenomics’ unpopularity with Americans
Treasury Secretary Janet Yellen said the "aftermath" of the COVID-19 pandemic is part of the reason the administration's "Bidenomics" messaging isn't hitting home with…
UAW accuses Honda, Hyundai and Volkswagen of union-busting
The United Auto Workers is accusing foreign automakers Honda, Hyundai and Volkswagen of labor violations at U.S. facilities where the union is seeking to organize amid a push…