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Business
US lab-grown diamond producer files for bankruptcy
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.WD Lab Grown Diamonds, the second-largest US producer of…
AMC CEO Adam Aron gets caught with his naked shorts down
Semafor’s Liz Hoffman published a juicy little tale about Adam Aron, the voluble CEO of AMC Theatres, the nation’s largest theater chain and a meme stock that recently crashed…
Sculptor Capital: grey areas cause grey hairs in messy bidding war
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A Delaware corporate law judge once half joked that being…
September inflation breakdown: Where are prices rising the fastest?
Inflation rose more than expected in September as a spike in the cost of rent and food kept prices abnormally high for millions of U.S. households. The Labor Department said…
PGA Tour to weigh outside investors as talks over Saudi tie-up continue
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The PGA Tour has begun a formal process to review outside…
US sanctions two tanker owners for carrying Russian oil above price cap
The U.S. on Thursday imposed the first sanctions on owners of tankers carrying Russian oil above the G7 price cap of $60 a barrel, one based in Turkey and one in the United…
FDA issues ban on RJ Reynolds menthol-flavoured vapes in US
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US federal drug regulator has told British American…
Fixed mortgage rates march higher, demand for adjustable-rate loans jumps
The average rates for fixed mortgages continued their upward climb this week, accompanied by a marked rise in demand for adjustable loans as consumers seek relief from…
Western allies back efforts to tap profits from frozen Russian assets
G7 officials have backed European efforts to tap billions of euros of profits generated from frozen Russian assets, a day after US Treasury secretary Janet Yellen swung behind the…
Walgreens shares have best day since 2022
Days after appointing a new CEO, shares of Walgreens Boots Alliance are on pace for the best percentage increase in nearly a year, according to Dow Jones Market Data Group. …