Barry Sternlicht, cofounder, chairman, and CEO of the $115 billion real estate giant Starwood Capital Group, is worried about the more than 4,000 regional and community banks in the U.S. With the real estate industry struggling against higher interest rates,…
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine is to start recruiting prisoners to fight against Russia under a new law designed to bolster its frontline…
Resorts World Las Vegas President Scott Sibella speaks during the opening of Resorts World Las Vegas on June 24, 2021 in Las Vegas, Nevada. Ethan Miller | Getty Images The former president of the MGM Grand casino in Las Vegas…
Sweden has taken the bold move of cutting interest rates, surprising some analysts and marking a new phase in global monetary policy that could accelerate economic expansion or return countries including the U.S. to a more cautious approach. The Riksbank…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. CVC Capital Partners is buying a minority stake in Hempel, the Danish owner of upmarket British paint company Farrow &…
The corporate logo of e-commerce company Shopify hangs at the building that contains the offices of Shopify Commerce Germany GmbH on August 08, 2022 in Berlin, Germany. Sean Gallup | Getty Images Shopify reported first-quarter earnings and sales on Wednesday…
On this episode of Fortune’s Leadership Next podcast, Michal Lev-Ram talks to Joe Kiani, founder, chairman and CEO of Masimo, a medical devices company, about the massive challenges he’s facing: his company’s patent infringement suit against Apple and a proxy battle being waged…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Uber’s results far undershot expectations in the first quarter, weighed down by costs from the ride-hailing company’s decade-long battle with…
Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Yuki Iwamura | Bloomberg | Getty Images Almost all customers of collapsed cryptocurrency exchange FTX will get their money back…
People buying tickets online for concerts, sporting events and other live events in Minnesota will be guaranteed more transparency and protection under a so-called Taylor Swift bill signed into law Tuesday by Gov. Tim Walz. The law, prompted by the frustration…