Business
Rachel Reeves: My fiscal rules will provide the stability on which growth depends
Britain faces a choice between investment or decline
Reeves confirms change to UK fiscal rules to help fund £20bn investment
Chancellor promises in FT to avoid ‘falls in public sector investment’ planned by Tories
HSBC Hong Kong joins China’s alternative to Swift global payments system
Direct participation in the system will mean faster settlements and help internationalise use of renminbi
Corporate wizards out-magic the muggles
Sectors like semiconductors and AI can reshape — or, in some cases, conjure up entirely new — markets
Just rolling over your 401(k) when you switch jobs could cost you $300,000
That’s enough to fund an estimated six additional years of spending in retirement. Read More
Morgan Stanley’s executive chairman rescued the bank during the Great Recession. Can he do the same for Disney?
James Gorman’s history of strategic leadship is now being leveraged to select the next CEO of Disney. Read More
Southwest strikes deal with Elliott, adds six new board members
The agreement preserves — for now, at least — the job of CEO Bob Jordan, whom Elliott had been seeking ...
Exclusive: Ramp, valued at $7.65 billion, launches its own app store
Ramp is launching its own app store, called the Ramp App Center, Fortune has exclusively learned. Read More
Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl’s top the list
Nike and Kohl’s are expecting sales to fall this year, but they remain a top choice among consumers, indicating they ...
TKO to acquire IMG, Professional Bull Riders and On Location from Endeavor for $3.25 billion
TKO Group, the company that owns UFC and WWE, is expanding its reach in the sports world by acquiring three ...
NBA Commissioner Adam Silver laments the TNT breakup — and says officiating changes could be coming
NBA Commissioner Adam Silver spoke to CNBC’s Alex Sherman in an exclusive interview, discussing TNT, officiating, politics and the WNBA.
Boss of Uber rival Bolt vows to crack down on remote work to stop ‘insanity of people working from Bali’
Bolt CEO Markus Villig reportedly said it was a “disgrace” that less than half his workers were making it into ...
Novo Nordisk’s diabetes drug Ozempic may reduce the risk of Alzheimer’s disease, study says
The active ingredient in Ozempic was associated with a 40% to 70% lower risk of a first-time Alzheimer’s diagnosis in ...
Salary is just the beginning—here’s how to craft a compensation package that workers really want
Child care assistance, student loan reimbursements, and mental health perks are in high demand. Read More
NHS staff use WhatsApp ‘constantly’ to share private patient data
Campaigners warn of ‘wild west’ approach to security in UK health service
5 things to know before the stock market opens Thursday
Here are the most important news items that investors need to start their trading day.
Intel triumphs against €1 billion EU antitrust fine as top court overturns decade-long legal decision
Intel secures a key legal victory as the EU’s top court annuls a billion-euro fine, but the company’s antitrust battle ...
AI-generated cyber threats have C-suite leaders on edge
The nature and scope of fraud is getting more complex. Read More
Head of Australia’s largest listed tech group quits after reports on private life
Billionaire Richard White steps down as WiseTech Global chief following 20% fall in company’s shares
Disposable vapes to be banned in England and Wales
Ministers vow to end ‘throwaway culture’ after e-cigarettes soar in popularity among young people
North Carolina says it needs at least $53 billion to recover from Hurricane Helene damages
Gov. Roy Cooper said the state’s previous record for storm damage was $17 billion from Hurricane Florence, which struck eastern ...
Unilever sales growth accelerates under CEO’s overhaul plan
Revenue increased 4.5% in the third quarter, beating the 4.3% expected by analysts, the maker of soap and stock cubes ...
Ex-Obama aide explains why Kamala Harris is losing Gen Z men to Donald Trump
Harris isn’t meeting young male voters where they are—or where they get their news: “This is what Trump is doing ...
Goldman Sachs-backed Simbe raises $50M in Series C funding to bolster retail robot business
Simbe is now working with 29 retail brands. Read More
Silicon Valley’s General Catalyst raises $8bn in global push
New money is the largest sum raised by a venture capital firm in more than 2 years
1-in-5 McDonald’s have pulled Quarter Pounders from the menu as E. coli outbreak is investigated
A preliminary investigation by the U.S. Food and Drug Administration suggested fresh slivered onions that are served raw on Quarter ...
UPS reports rise in third-quarter profit on rebounding volumes, cost cuts
UPS reported a rise in third-quarter profit on Thursday, as rebounding volumes ahead of the holiday season lifted revenue.
Barclays’ bold £2 billion cost-cutting blitz boosts profits and sets stage for Tesco Bank takeover
Profit after tax climbed 23 percent to nearly £1.6 billion ($2.1 billion) in the three months to the end of ...
Tesla is not a car company but it does a good impersonation
Although its vehicles are yielding more profit, most of the $750bn carmaker’s value hangs on things that are yet to ...
