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Banks shed 60,000 jobs in one of worst years for cuts since financial crisis
Global banks eliminated more than 60,000 jobs in 2023, marking one of the heaviest years for cuts since the financial…
Holiday spending rose more than 3% at retailers, as pre-pandemic spending trends returned
U.S. retailers saw sales during the holiday season rise 3.1%, excluding autos, over the same period a year ago, according…
Porsche reckons with history of forgotten Jewish co-founder
Porsche’s 75th anniversary extravaganza this summer included a frenzy of sports cars whizzing around its Stuttgart headquarters in front of…
FedEx’s stock rises after $1 billion accelerated buyback program announced
Shares of FedEx Corp. FDX climbed 0.5% in premarket trading Tuesday, after the package-delivery company announced a $1 billion accelerated…
Victim? Villain? Huawei finds itself trapped in US-China dispute
Stay informed with free updatesSimply sign up to the Technology sector myFT Digest -- delivered directly to your inbox.What would…
Shares of commercial space company Momentus climb premarket to continue rally
Shares of Momentus Inc. MNTS, which provides satellite transportation and servicing, continued their rally Tuesday, rising 2.9% in premarket trades. The stock…
China’s dreamers and dropouts: ‘lying flat’ generation checks out in Dali
Unlike many Chinese people of her generation, Zhu Xiangjuan does not believe in saving money, nor does she like formal…
Amgen’s NDA for Lumakras cancer treatment resulted in complete response letter
Amgen Inc. AMGN said Tuesday that the regulatory review of its supplemental new drug application seeking full approval of Lumakras…