USANEWSBEST

Business & Finance

China corporate profits set for third year of declines

Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. Chinese corporate profits are set to show a third consecutive year of declines in 2024, with the trend expected to continue into this year as deflationary pressures weigh on the world’s second-largest economy. […]

Business & Finance

US corporate bankruptcies hit 14-year high

This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters here Good morning and welcome back to FirstFT. Today we’re covering: The rise in US corporate bankruptcies The opening of Argentina’s […]

Entertainment

‘It Is a Corporate Turn-Off’

Neil Young has backed away from plans to perform at England’s massive Glastonbury Festival this summer. “The Chrome Hearts and I were looking forward to playing Glastonbury, one of my all time favorite outdoor gigs,” Young wrote in an open letter on the Neil Young Archives. “We were told the BBC was now a partner […]

Business & Finance

Adani corporate empire sheds $20bn after US bribery charges

This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to receive the newsletter every weekday. Explore all of our newsletters here In today’s newsletter: Adani’s corporate empire sheds $20bn The Chinese satellite group challenging Musk’s Starlink in Brazil The banana that sold for […]

Business & Finance

Trump win puts global corporate tax deal ‘in peril’

Attempts to stop some of the world’s biggest companies shifting profits across borders to avoid paying tax are “in peril” following Donald Trump’s definitive win in US presidential elections, experts said. A global deal inked at the Paris-based OECD in 2021 and partly introduced by several countries — including EU member states, the UK, Norway, Australia, […]

Science

Research shows how corporate social responsibility messaging can backfire

Credit: Pixabay/CC0 Public Domain It’s lately been considered good business for companies to show they are responsible corporate citizens. Google touts its solar-powered data centers. Apple talks about its use of recycled materials. Walmart describes its support for local communities. But these narratives, according to new research by Haas Associate Professor Tim McQuade, have some […]