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Truist Financial cuts 1,000 jobs to trim costs and beats revenue estimate
Truist Financial Corp. said it swung to a fourth-quarter loss due to a noncash impairment while delivering stronger-than-expected revenue. The…
JPMorgan paid chief Jamie Dimon $36mn in 2023
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.JPMorgan Chase…
Fisker has ‘arguably become a meme stock,’ says Stocktwits
Fisker Inc.’s stock, which fell toward another record low on Thursday, “has arguably become a ‘meme stock’,” according to Tom…
US Congress passes spending bill to avert government shutdown
Stay informed with free updatesSimply sign up to the US politics & policy myFT Digest -- delivered directly to your…
Spirit Airlines, weighed down by debt, is unlikely to find new suitors
A new bid for Spirit Airlines Inc. is unlikely to materialize, as the struggling ultralow-cost airline is saddled with debt.…
Passive eclipses active in US fund market as assets swell to $13.3tn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Passively managed…
Large cryptocurrencies mixed as Ethereum rises
Large cryptocurrencies were mixed during morning trading on Thursday, with Solana SOLUSD, -9.21% seeing the biggest move, shedding 2.88% to…
Top Polish court rules Donald Tusk’s media overhaul is unconstitutional
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Poland’s highest…