business
Fixing up Nike is a marathon, not a sprint
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. By almost all measures, the past year was an annus horribilis for Nike. The sportswear group’s sales fell at the second-fastest rate in its history. The 10 per cent drop the company reported for the … Read more
Saks divisive debt reshuffle shows a retail sector under strain
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. What could be more relatable than a holiday spending blunder? Last December, US department store chain Saks acquired rival Neiman Marcus for $2.7bn. To help fund the deal, it issued $2.2bn in bonds. And already, … Read more
Peat bogs and oyster farms vie for a spot in your pension fund
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. If water always finds a way, as the saying goes, then the same is true for financial ingenuity. A UK fund launched this week aims to generate returns for its pension fund backers from restoring … Read more
The fall in the dollar is not scary
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters … Read more
Principles must not be the victim of Starmer’s embrace of realpolitik
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The writer is an FT contributing editor Goodbye fluffy liberal internationalism. Hello hard-headed pursuit of the national interest. Western democratic norms and values are all very well. But homeland security in a dangerous … Read more
The US Federal Reserve’s Trump problem
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Last week was a particularly testing one for Jay Powell. Donald Trump resumed his criticism of the US Federal Reserve chair for not cutting interest rates faster by describing him as a “stupid … Read more
Family offices put lawyers in an awkward position
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a partner at law firm Maurice Turnor Gardner The inexorable rise in prominence of the family office during my professional life has tested the world of the private client lawyer. The evolution … Read more
Why don’t we design our homes with acoustics in mind?
Why don’t we design our homes with acoustics in mind?