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Business
Nearly a million student loan borrowers back in forbearance following servicer billing errors
The Department of Education withheld $7.2 million in payment to student loan servicers over several billing errors that triggered a delinquency status for borrowers as…
Siemens Energy plans €400mn in cuts at struggling wind turbine business
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Siemens Energy has said it is targeting €400mn of cost…
Need fast-food? These restaurants are open on Thanksgiving Day 2023
Thanksgiving Day is nearly here, and millions of Americans are ready to give thanks and chow down with family and friends. However, not everyone may have time to prepare a…
Copper: China plants red flags on red metal ahead of green switch
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Chinese-backed miner MMG has snatched a coveted Botswanan…
Abercrombie & Fitch lifts annual sales forecast after upbeat quarter
Abercrombie & Fitch Co on Tuesday raised its annual net sales growth forecast, signaling strong demand for its lifestyle brands heading into the crucial holiday shopping…
Italian banks: remedy to MPS’s ills was Lovaglio, actually
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Take your nasty medicine and you will get better,…
Napoleon’s hat sells for over $2M at auction in France
A hat once worn by Napoleon Bonaparte sold for over $2 million at auction. The iconic bicorne hat, faded and damaged over the centuries, sold for 1.5 million Euros…
Broadcom-VMware $69bn merger to close after China approves deal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US chipmaker Broadcom will complete its acquisition of…
Texas AG sues Pfizer for allegedly selling medicine it knew was ineffective, manipulated quality-test results
Texas Attorney General Ken Paxton has sued Pfizer and its drug manufacturer for allegedly providing medicine it knew to be ineffective. In a lawsuit unsealed Monday, Paxton…
UK Supreme Court rules Deliveroo riders are not employees
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK Supreme Court has ruled that Deliveroo riders…