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Business
Investor group launches $5.8 billion buyout bid for Macy’s
An investor group has made a $5.8 billion offer to buy Macy's in a bid to take the famed department-store chain private after stiff competition from online rivals took a big…
European mortgage market set for lowest growth in a decade
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The European mortgage market is on course to grow at its…
Quirky green bean casserole flavored drink re-released by sparkling water brand
There's a unique sparkling water flavor inspired by a classic side dish that could raise some eyebrows this holiday season. The beverage brand, Aura Bora, first released the…
Elon Musk calls Media Matters ‘evil propaganda machine’ ahead of lawsuit
X CEO Elon Musk eviscerated the media watchdog Media Matters for America as an "evil propaganda machine" while discussing his upcoming lawsuit against them on Sunday. The…
Cigna pulls out of blockbuster deal to create insurance giant with Humana
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US health insurer Cigna has abandoned plans to merge with…
Penn weighs potential replacement for ousted president Magill: report
The University of Pennsylvania is searching for a new president after Liz Magill resigned Saturday under pressure from members of the school’s administration and donor base…
UK small businesses call on regulator to intervene over ‘harsh’ banking practices
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK’s small business lobby has asked the country’s top…
Meathead Movers sued over age discrimination after touting ‘student-athlete’ workers
The Biden administration’s employment discrimination watchdog is suing a moving company for not hiring enough older workers. The Equal Employment Opportunity Commission (EEOC)…
Bitcoin’s bounce ‘still early innings’
Bitcoin’s crypto winter appears to be thawing, bouncing to the $43,000-$46,000 range, up 159% from last December as tracked by Dow Jones Market Data Group. The upward move…
SpaceX delays launch of secret Space Force mission
Elon Musk’s SpaceX announced Sunday that a planned Space Force mission involving the U.S. military’s secretive X-37B spacecraft has been pushed back a day due to the weather.…