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Business
SEC to require short selling data after softening proposed rule
Stay informed with free updatesSimply sign up to the US financial regulationmyFT Digest -- delivered directly to your inbox.Data on borrowed stocks will for the first time be made…
US housing market: Expert says ‘all hope is not lost’ for potential homebuyers
The U.S. housing market continues to pose significant challenges, but a recent report from real estate brokerage Redfin argues that there's still hope for potential buyers.…
Novo Nordisk raises profit guidance as weight-loss drug sales boom
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Soaring sales of weight loss and diabetes drugs Wegovy…
JPMorgan CEO Jamie Dimon warns: ‘This may be the most dangerous time the world has seen in decades’
JPMorgan Chase CEO Jamie Dimon kicked off bank earnings season on Friday with a stark warning about the perils facing the world today. The war in Ukraine, along with the…
Partners vote through Allen & Overy’s $3.5bn merger with Shearman
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Partners at “magic circle” law firm Allen & Overy and…
Autoworker union president who donned ‘eat the rich’ shirt is in top 5% of earners
The president of the United Auto Workers (UAW) labor union leading the ongoing strike against the largest three U.S. automakers earned hundreds of thousands of dollars last…
JPMorgan profits jump 35% on interest rate windfall
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.JPMorgan Chase reported a 35 per cent jump in profits for…
Kaiser Permanente, unions for striking health care workers reach tentative agreement
The coalition of unions representing Kaiser Permanente health care workers announced Friday morning that it reached a tentative agreement with the company. The Coalition of…
BlackRock profits jump in volatile quarter thanks to tech services growth
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BlackRock beat expectations with profits that rose 13 per…
JPMorgan profit rises on interest income boost
JPMorgan Chase's profit rose in the third quarter as higher interest rates boosted its income from loans, the bank reported on Friday. Profit was $13.15 billion, or $4.33 per…