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Business
Missing Carnival cruise ship passenger seen jumping overboard, company says; family mystified
The Carnival cruise passenger for whom the U.S. Coast Guard (USCG) has been searching appears to have jumped overboard from the ship's Deck 4 at 1:40 a.m. Monday, the company…
ValueAct stake adds to activist investor pressure on Walt Disney
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.ValueAct Capital has built a significant stake in Walt…
Government agency urges mandate of technology to reduce speeding in new cars
The National Transportation Safety Board (NTSB) has urged another government agency to mandate that new cars have intelligent speed assistance (ISA) technology in them. The…
Former Nikola boss should not get prison time for fraud, his lawyers argue
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lawyers for the former boss of hydrogen truck start-up…
Uber bolstering safety measures for drivers amid carjacking surge
Uber Technologies is expanding its safety measures to protect drivers amid a spike in carjackings across the country and a string of high-profile attacks. The ride-sharing…
EY picks Janet Truncale as the first woman to lead a Big Four firm
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EY has appointed Janet Truncale, the head of its…
Target exec warns retail shrink remains ‘significant headwind’
Target CFO Michael Fiddelke said Wednesday that inventory shrink – the loss of products due to circumstances such as theft – continues to be a significant headwind for the…
Manchester City: club’s finances look better in black than red
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.For most enterprises, wage inflation is a worry. Not for…
TransUnion to cut 1,300 jobs as part of multiyear plan to reduce costs, drive growth
TransUnion said it will cut its workforce by 10%, or roughly 1,300 jobs, as part of a plan to reduce costs and fund growth, the consumer credit reporting agency announced…
UBS fails to overturn guilty verdict in French tax evasion case
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UBS failed to overturn a guilty verdict for its role in a…