Metro Bank to review seven day opening and cut jobs
The struggling lender is also looking at whether it can keep branches open earlier and later.
Source: BBC News - Business | 30 Nov 2023 | 3:58 am
Elon Musk launches profane attack on X advertisers
The billionaire accuses firms of trying to blackmail him with ad dollars, claiming they will kill X.
Source: BBC News - Business | 30 Nov 2023 | 1:42 am
Elfbar: Top vape firm drops sweet flavours over appeal to kids
Elfbar and Lost Mary call for tighter restrictions on vape sales ahead of government clampdown.
Source: BBC News - Business | 29 Nov 2023 | 7:01 pm
Gulf investors close in on Telegraph takeover
An Abu Dhabi-backed investment fund is poised to take control of the newspaper group within days.
Source: BBC News - Business | 29 Nov 2023 | 4:43 pm
Shoppers hit by escalating prices of branded goods
Baby formula is one of the areas in which prices have risen by more than costs, a watchdog says.
Source: BBC News - Business | 29 Nov 2023 | 1:30 pm
E-Scooters: over half of casualties are outside trial areas
It is illegal to ride e-scooters on public roads except in areas selected for trials.
Source: BBC News - Business | 29 Nov 2023 | 1:08 pm
Feminist site Jezebel to be revived after sale
Paste Magazine, a music publication, said it planned to relaunch this week.
Source: BBC News - Business | 29 Nov 2023 | 11:19 am
Food prices: How can I save money on my grocery shop?
The cost-of-living crisis continues to bite. Here are some things that can reduce the impact.
Source: BBC News - Business | 29 Nov 2023 | 10:53 am
Cristiano Ronaldo faces $1bn lawsuit over Binance ads
US class action lawsuit seeks huge damages for his promotion of the world's largest crypto exchange.
Source: BBC News - Business | 29 Nov 2023 | 8:48 am
Amazon latest tech giant to announce AI chatbot
The bot, called Q, can help firms answer customer queries, analyse data and help with coding.
Source: BBC News - Business | 29 Nov 2023 | 5:51 am
S&P 500 muted as virus cases rise, jobless claims weigh
The S&P 500 was little changed on Thursday as coronavirus infections picked up again in parts of the United States and data showed an elevated level of weekly jobless claims, lending weight to predictions of a prolonged economic recovery.
Source: Reuters: Business News | 18 Jun 2020 | 1:36 pm
Trump to nominate lawyer Crenshaw to fill SEC Democratic commissioner slot
The White House announced on Thursday that President Donald Trump intends to nominate Caroline Crenshaw to fill a Democratic vacancy at the U.S. Securities and Exchange Commission (SEC).
Source: Reuters: Business News | 18 Jun 2020 | 1:28 pm
Exclusive: Massive spying on users of Google's Chrome shows new security weakness
A newly discovered spyware effort attacked users through 32 million downloads of extensions to Google's market-leading Chrome web browser, researchers at Awake Security told Reuters, highlighting the tech industry's failure to protect browsers as they are used more for email, payroll and other sensitive functions.
Source: Reuters: Business News | 18 Jun 2020 | 1:25 pm
U.S. labor market improvement stalling; second wave of layoffs seen
The number of Americans filing for unemployment benefits fell last week, but the pace of decline has stalled amid a second wave of layoffs as companies battle weak demand and fractured supply chains, supporting views that the economy faces a long and difficult recovery from the COVID-19 recession.
Source: Reuters: Business News | 18 Jun 2020 | 1:23 pm
LATAM Airlines says operations to plunge 50% by year's end
LATAM Airlines Chief Executive Roberto Alvo said on Thursday he expects the region´s largest carrier to be operating at half of pre-pandemic levels by the end of 2020, and that a full recovery was unlikely for at least 3-4 years.
Source: Reuters: Business News | 18 Jun 2020 | 1:23 pm
Ford's redesigned F-150 pickup will offer greater connectivity, sleeper seat
Ford Motor Co next week will show the next generation of its brawny F-150 pickup truck that offers a new sleeper-seat feature and over-the-air software updates in a machine Ford is counting on to help pay off coronavirus-related debts.
Source: Reuters: Business News | 18 Jun 2020 | 1:16 pm
Chanel warns virus impact will linger on luxury sector
The luxury industry will feel the fallout from the coronavirus crisis for the next two years if not longer, Chanel's chief financial officer said on Thursday, warning the French fashion label's 2020 revenues and profit would be significantly hit.
Source: Reuters: Business News | 18 Jun 2020 | 1:07 pm
Wirecard scrambles to find missing $2.1 billion as loan crunch looms
Wirecard's auditor has refused to sign off its 2019 accounts over a missing $2.1 billion, sending its shares down more than 60% as the German payments firm said the delay could cause billions in loans to be called in as soon as Friday.
Source: Reuters: Business News | 18 Jun 2020 | 12:45 pm
Kroger says demand easing after coronavirus stockpiling
U.S. supermarket chain Kroger Co stopped short of raising its annual forecasts on Thursday, saying a coronavirus-driven surge in demand for essential goods was fading as American households reconsider what they have on their shelves.
Source: Reuters: Business News | 18 Jun 2020 | 12:21 pm
Coronavirus raises stakes as auto unions ready for a fight
The coronavirus crisis has forced carmakers to speed up layoffs that must be matched with hefty payouts and deft negotiation to retain the support of powerful trade unions vital if Europe's auto industry is to manage a shift to low-emission vehicles.
Source: Reuters: Business News | 18 Jun 2020 | 12:17 pm
China, Defiant but Careful, Promises Aggressive Response to Tariffs
A longer or worsening trade war could hurt China’s already bruised factories. Still, Beijing is signaling it is ready for a fight.
Source: NYT > Business | 11 May 2019 | 12:15 am
Wealth Matters: How Loopholes Help Trump and Other Real Estate Moguls Avoid Taxes
The ability to deduct business losses against income tax is common. But there are myriad other benefits, all legal, created specifically for commercial real estate.
Source: NYT > Business | 10 May 2019 | 11:52 pm
Rihanna, Breaking New Ground, Joins With LVMH for Fashion Brand
There are so many firsts in the creation of Fenty, a new luxury house based in Paris, that it’s hard to keep track.
Source: NYT > Business | 10 May 2019 | 11:30 pm
Argentina’s Economic Misery Could Bring Populism Back to the Country
Argentina’s turn away from populism and embrace of market forces has enraged people who have lost aid without producing a promised economic revival.
Source: NYT > Business | 10 May 2019 | 9:45 pm
Uber’s Stock Disappoints, Capping a Rocky Path to Its I.P.O.
Last year, investment bankers said the company could be valued at $120 billion upon its I.P.O. That number has declined in recent weeks.
Source: NYT > Business | 10 May 2019 | 8:34 pm
Trump Renews Trade War as China Talks End Without a Deal
The president, in a series of tweets, said a prolonged trade war would be good for America even as negotiators returned to the table.
Source: NYT > Business | 10 May 2019 | 7:26 pm
Michel Roux, Whose Vodka Success Was Absolut, Is Dead at 78
With the help of Andy Warhol, Kurt Vonnegut and others, Mr. Roux turned a little-known Swedish brand into the top imported vodka in the United States.
Source: NYT > Business | 10 May 2019 | 7:23 pm
In Huawei Case, Prosecutors Ask Judge to Remove Lead Lawyer
In a bank fraud case against the Chinese telecom giant, the government said James M. Cole had a conflict of interest from his time as deputy attorney general.
Source: NYT > Business | 10 May 2019 | 7:08 pm
Wall Street Logs Its Worst Week This Year as Trade War Grows
Stocks recovered on Friday as President Trump’s tariff increase on Chinese goods went into effect, but the S&P 500 dropped 2.2 percent this week.
Source: NYT > Business | 10 May 2019 | 6:18 pm
Uber’s Dismal Debut Is a Rare Event on Wall Street
How a stock trades in its debut is often used to gauge the success of the offering and investor sentiment about a company.
Source: NYT > Business | 10 May 2019 | 5:49 pm