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Business
Eli Lilly: Point acquisition gives battered biotech sector a boost
Receive free Lex updatesWe’ll send you a myFT Daily Digest email rounding up the latest Lexnews every morning.These are tough times to be a biotech company — and an investor in…
Dave Portnoy hits NFL for ‘simping’ over Taylor Swift: ‘They’re walking ‘a fine…
It’s the newest celebrity situationship rocking the media and sports headlines – and Dave Portnoy has had enough of the "simping." "Simping means letting walk all over you,…
Scandinavian airline SAS wipes out shareholders as part of rescue deal
Receive free SAS AB updatesWe’ll send you a myFT Daily Digest email rounding up the latest SAS ABnews every morning.Scandinavian airline SAS is wiping out existing shareholders as…
Student debt repayments hindering retirement savings, survey says
Student debt will limit how much some Americans can save for retirement as monthly payments resume this week, according to a recent survey. Three out of four borrowers surveyed…
Carlsberg writes off value of Russian operation
Receive free Carlsberg AS updatesWe’ll send you a myFT Daily Digest email rounding up the latest Carlsberg ASnews every morning.Carlsberg has written down the entire value of its…
Krispy Kreme mulling cash deal for Insomnia Cookies
Krispy Kreme on Tuesday said it is exploring strategic alternatives for Insomnia Cookies, including an all-cash purchase. Krispy Kreme acquired a majority stake in Insomnia…
Eli Lilly to buy cancer specialist Point for $1.4bn
Receive free Eli Lilly & Co updatesWe’ll send you a myFT Daily Digest email rounding up the latest Eli Lilly & Conews every morning.Eli Lilly, the world’s largest…
Delta says some aircraft engines found to contain unapproved parts during overhaul
Delta Air Lines is replacing unapproved parts in "a small number" of aircraft engines that were found during a recent overhaul, the airline confirmed to Fox Digital on…
UK HS2: northern exposure should not give Sunak cold feet
Receive free Lex updatesWe’ll send you a myFT Daily Digest email rounding up the latest Lexnews every morning.There is an air of melancholic inevitability about infrastructure…
Macy’s opening up to 30 small-format stores
Macy's said Tuesday that it's accelerating its small-format store expansion, opening dozens more locations nationwide starting next year. The retail giant plans to open up to…