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Monday, August 31, 2020

Bella Thorne, OnlyFans and the battle over monetising content

Content creators say OnlyFans has slashed incomes by placing caps on prices charged on the platform.

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Facebook threatens news sharing ban in Australia

The social media giant is preparing for a new law that would force it to pay publishers for news articles.

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Coronavirus: Portugal return to quarantine list would cause 'chaos and hardship'

The head of BA's parent company warns against new measures, as coronavirus cases in Portugal rise.

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Zoom revenues skyrocket as profits double

The popular video conferencing app has seen a 458% jump in customer growth compared with last year.

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M&S food goes fully online with Ocado launch

The grocer is making its entire range available for delivery but experts are divided on the move.

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Child Trust Funds: Teenagers get first chance to access cash

Savings pots could now be worth more than £1,000 but many teenagers are unaware they exist.

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How this African restaurant adapted to the pandemic

Molly Malone's Restaurant in Johannesburg has converted its carpark into an outdoor 'roadhouse'.

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TikTok owner to 'strictly' obey China's tech takeover law

New rules mean Beijing could block the sale of the app's video recommendation engine.

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India GDP shows worst quarterly slump in decades

It contracted by 23.9% in the quarter from April to June, according to official data.

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Coronavirus: 'Covidiots' criticised on Tui quarantine flight

Mask rules were ignored on a Zante flight where everyone was told to self-isolate, a passenger says.

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Sunday, August 30, 2020

The airline founder building Asia’s next super app

AirAsia’s Tony Fernandes is expanding into banking, music and e-payments to help tackle the travel slump.

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The search engine boss who wants to help us all plant trees

Christian Kroll is the boss of Ecosia, which donates 80% of its profits to tree-planting projects.

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Price of plastic carrier bags to double to 10p next year

The fee for single-use bags will rise to 10p and be extended to all shops from April 2021.

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Government paid influencers to promote Test and Trace

Taxpayer money was used to pay influencers to promote Test and Trace.

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Eat Out to Help Out discount comes to an end

The government's dining discount scheme ends on Monday, but there are calls for it to be extended.

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'We need Eat Out To Help Out to run in the autumn'

A group of restaurateurs wants the Eat Out To Help Out scheme to be brought back in the autumn.

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Capita to close over a third of offices permanently

Outsourcing firm Capita is looking to close offices as the trend for flexible working accelerates.

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Moss Bros considering closing stores in rescue deal

The suit maker has been hit by Covid-19 restrictions on events such as Royal Ascot and large weddings.

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Saturday, August 29, 2020

One in four BHS stores remain vacant four years after collapse

Department store chain closed its last stores in 2016 but finding new uses is a lengthy process.

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TikTok sale to Microsoft-Walmart or Oracle could come as early as this weekend


TikTok sale to Microsoft-Walmart or Oracle could come as early as this weekend



TikTok is in play with the Microsoft- Walmart bid still in the lead

Dow turns positive for 2020, with S&P on pace for best August since ‘84


Dow turns positive for 2020, with S&P on pace for best August since ‘84



Stocks extended their streak of new highs as the race for the White House kicked into high gear.

Cheesecake Factory restores pay, brings back furloughed workers


Cheesecake Factory restores pay, brings back furloughed workers



The Cheesecake Factory is moving to make a comeback from its coronavirus-related slowdown.

Trump should get a second term for stabilizing energy market: Oil billionaire Harold Hamm


Trump should get a second term for stabilizing energy market: Oil billionaire Harold Hamm



Continental Resources Executive Chairman Harold Hamm told "Mornings with Maria" on Friday that "energy independence has meant so much to America."

Coca-Cola plans layoffs, offers 4,000 buyouts as company announces global reorganization


Coca-Cola plans layoffs, offers 4,000 buyouts as company announces global reorganization



Coke had one of its worst quarters in its 134-year history during COVID-19 crisis.

Big Lots breaks earnings records as coronavirus spurs discount-shopping


Big Lots breaks earnings records as coronavirus spurs discount-shopping



Comparable sales, or those at stores open at least 12 months, climbed 31%, and were strong both in-store and online.

Boeing finds manufacturing defect in Dreamliners


Boeing finds manufacturing defect in Dreamliners



Boeing said it has notified the Federal Aviation Administration and is conducting a review into the cause of the problem

Stock futures mostly higher on prospect of interest rates staying low


Stock futures mostly higher on prospect of interest rates staying low



Investors will monitor income and spending numbers and a consumer sentiment report

Japan automakers post 12% slide in July global vehicle sales


Japan automakers post 12% slide in July global vehicle sales



The decline in monthly sales has slowed significantly since a 50% drop posted in April,and compared with a 21.3% fall in June

Hewlett Packard gets $1B boost from COVID-19 working and schooling from home  


Hewlett Packard gets $1B boost from COVID-19 working and schooling from home  



Demand for computer notebooks blew away Hewlett-Packard's own expectations.

Friday, August 28, 2020

Expert shares investment ideas for the aging population


Expert shares investment ideas for the aging population



Greycroft founder Alan Patricof discusses his new venture fund Primetime Partners, shares his investment tips that target the aging population, reviews Joe Biden's DNC speech and political policies that will help narrow the wage gap, reveals whether he expects market growth in the last quarter of the year and tells a story about investing in Apple back in 1979.

Zuckerberg said Apple's 'stranglehold' on app store blocks innovation: report


Zuckerberg said Apple's 'stranglehold' on app store blocks innovation: report



Facebook CEO Mark Zuckerberg ramped up his war against Apple during a meeting with employees Thursday, saying that its App Store “blocks innovation” and allows the company to “charge monopoly rents,” according to a report in Buzzfeed.

Market bubble will burst: Market strategist


Market bubble will burst: Market strategist



Todd 'Bubba' Horwitz compares the current market to the the markets in 1990s and 2008. He later discusses the stocks he likes in a coronavirus economy, including Slack and Nikola.

Envoy CEO: ‘Virtual concierge’ could help safely return to offices


Envoy CEO: ‘Virtual concierge’ could help safely return to offices



Envoy founder and CEO Larry Gadea shares details about his company quickly pivoting to a service that helps track employee wellness and office visits when the coronavirus hit.

Japanese flying car company conducts successful test flight


Japanese flying car company conducts successful test flight



A Japanese flying car project is one step closer to taking off into the mainstream.

Walmart, Microsoft team up on TikTok bid 'makes perfect sense': Investment expert


Walmart, Microsoft team up on TikTok bid 'makes perfect sense': Investment expert



H Squared Research Hitha Herzog thinks Walmart's decision is motivated by a 'why build it if you can just acquire it' mentality. KB Advisory Group's Kristin Bentz believes purchasing TikTok would help Walmart take down Amazon.

Walmart, Microsoft can unlock ‘huge’ revenue for TikTok: IZEA CEO


Walmart, Microsoft can unlock ‘huge’ revenue for TikTok: IZEA CEO



Izea CEO Ted Murphy on TikTok’s potential buyer.

Facebook accuses Apple of rejecting attempt to tell users about App Store fees


Facebook accuses Apple of rejecting attempt to tell users about App Store fees



Facebook on Thursday said Apple rejected its 'transparency notice' to let users know the iPhone maker takes a 30% commission on all in-app purchases.

Mercedes gets big electric van order from Amazon


Mercedes gets big electric van order from Amazon



The 1,800 electric delivery vans from Mercedes-Benz is the biggest such order for the German automaker to date

Amazon protesters outside Jeff Bezos' home construct guillotine: Report


Amazon protesters outside Jeff Bezos' home construct guillotine: Report



Bezos' net worth was revealed at $200 billion this week.

Why parcel delivery courier company DPD is in court

Most DPD drivers are on self-employed franchise contracts without sick pay and holiday pay.

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Learner drivers park manual cars in shift to automatic

The number of people taking lessons in automatic vehicles has risen every year since 2012.

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Coronavirus unemployment: 'I felt worthless'

Julie changed jobs a week before lockdown - then found herself out of work and ineligible for help.

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Waitrose signs up Deliveroo for rapid food delivery

Deliveroo customers could have goods from Waitrose delivered to their homes within 30 minutes.

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Santander hit by online banking outage ahead of holiday weekend

The hitch comes ahead of the August bank holiday and the day millions receive their monthly salary.

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Coronavirus: What do we know about the Banham Poultry outbreak?

The 80 positive coronavirus cases at a factory in Norfolk is regarded as a "significant" outbreak.

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Coronavirus: Fitness industry 'devastated' by lockdown

Gym owners call for government support similar to the Eat Out to Help Out scheme.

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Coronavirus: Gatwick passenger numbers collapse by 14.7 million

The airport says it will take four to five years for air traffic to return to pre-pandemic levels.

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Mobile users still 'ripped off' by operators says Which?

Some customers are still paying full price for contracts even after they paid off expensive phones.

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Scrapping 213 local councils could save £3bn says report

It comes as the government prepares to publish plans on overhauling the local government system.

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Seaweed: The food and fuel of the future?

The farming of seaweed is accelerating as firms exploit its fast growth and green credentials.

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Coronavirus: Back-to-work message to be aired as schools reopen

A government campaign starting next week will urge people to go back to the workplace.

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Thursday, August 27, 2020

Coronavirus: Renters need financial help, campaigners warn

A charity says families are behind with rent after being "punched unexpectedly into debt" due to the pandemic.

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Benefits claimants face landlord discrimination despite ruling

Thousands of listings on a property website are not available to people on benefits.

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Tough times to continue for Chinese firms in the US

It doesn't matter if Trump or Biden wins, the anti-Chinese sentiment will remain on the White House agenda.

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NZ takes action over stock market cyber attacks

The comments from New Zealand's finance minister come after trading was hit for the fourth day in a row.

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Five things to focus on in your CV

When it comes to CV-writing, maximise your chances of a job by focusing on these five things.

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Blueberry farmers warn of 'disaster' crop

Wild blueberry farmers in the US state of Maine are now facing numerous challenges.

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The less obvious way to invest in 5G


The less obvious way to invest in 5G



PacerETFs Distributors President Sean O'Hara says instead of investing in big tech names like Apple when it comes to 5G, he recommends investing in the companies that make 5G possible.

Fiserv values aligned with Milwaukee Bucks, CEO says


Fiserv values aligned with Milwaukee Bucks, CEO says



Frank Bisignano, CEO and president of Fiserv, whose company name is on the Milwaukee Bucks’ arena, discusses activism in sports and the challenges facing coronavirus-hit small businesses.

Walmart partnering with Microsoft on TikTok buyout: Report


Walmart partnering with Microsoft on TikTok buyout: Report



Wedbush managing director and tech analyst Dan Ives says Walmart teaming up with Microsoft in a bid for TikTok 'likely seals the deal.'

Facebook removes self-declared militia 'Kenosha Guard' page after fatal shooting deaths


Facebook removes self-declared militia 'Kenosha Guard' page after fatal shooting deaths



Facebook on Thursday removed a self-declared militia's page titled the "Kenosha Guard" after armed vigilantes began patrolling the streets and a fatal shooting broke out on the third consecutive night of civil unrest in the Wisconsin city. 

NOAA hurricane hunter on tracking Hurricane Laura


NOAA hurricane hunter on tracking Hurricane Laura



NOAA Aerospace Engineer Nick Underwood provides insight into tracking and preparing for storms and hurricanes, such as Hurricane Laura.

Advanced tech has made it easier to respond to disasters: United Cajun Navy spokesman


Advanced tech has made it easier to respond to disasters: United Cajun Navy spokesman



United Cajun Navy national spokesman Brian Trascher discusses his team’s efforts to help those impacted by Hurricane Laura and how they use technology to reach out to those who may be stranded.

Amazon opens first Fresh grocery store in Los Angeles


Amazon opens first Fresh grocery store in Los Angeles



Amazon announced on Thursday that it would open its first Fresh grocery store in Los Angeles, using the company's proprietary smart shopping carts.

Abbott’s rapid coronavirus test is ‘huge game changer’: Dr. Marc Siegel


Abbott’s rapid coronavirus test is ‘huge game changer’: Dr. Marc Siegel



Fox News medical correspondent Dr. Marc Siegel on Abbott’s new rapid coronavirus test.

TikTok CEO Kevin Mayer resigns following Trump ban threat


TikTok CEO Kevin Mayer resigns following Trump ban threat



The CEO of Chinese video app TikTok has resigned after just months on the job following a recent threat by President Trump to ban the app in the U.S.

Pret A Manger to cut over a third of UK workforce

The sandwich chain will slash 3,000 roles as part of a rescue plan for the business.

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Walmart to join Microsoft in bid for TikTok

The US retail giant Walmart has confirmed it is interested in buying the Chinese video sharing app.

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Fed relaxes inflation target in major policy shift

It will give the central bank more flexibility in how it aids the US recovery, says Chair Jerome Powell.

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Europe to start Boeing 737 Max test flights

EU aviation regulators say clearance by their US counterparts will not automatically apply in Europe.

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British Gas sorry for winter prepayment top-up switch failure

The firm will pay £1.73m after prepayment meter customers were not told about a new provider.

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Mike Pompeo steps up criticism of HSBC over Hong Kong

The US secretary of state accuses the banking giant of aiding China's "political repression".

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Online retailer The Hut Group plans £4.5bn listing

The move by the owner of the Lookfantasic and Illamasqua brands could land its founder a £700m windfall.

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Coronavirus: Payment for people on low incomes who must self-isolate

The benefit will be trialled in some parts of north-west England where coronavirus cases have risen.

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Coronavirus: Rolls-Royce reports record loss as travel slumps

The company, which makes engines for planes, is cutting jobs and selling assets to bolster its finances.

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Wednesday, August 26, 2020

TikTok boss quits as Trump's ban looms

Kevin Mayer is leaving the video-sharing app at the centre of controversy amid US-China tensions.

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Warnings of 'ghost towns' if staff do not return to the office

Local businesses and jobs will suffer if workers do not return to the office, says the head of the CBI.

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Coronavirus: Pent-up demand 'leading to quicker home sales'

Property deals are racing though compared to last year, as the market recovers after lockdown halted sales.

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Selling a new tea: 'Get the liquid on the lips'

Selling kombucha tea: “Getting the liquid on the lips was the most important challenge”.

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'During lockdown my son was super stuck to me'

In Singapore, single mum Coco says Covid-19 has been hard for her and five-year-old son Jacob.

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Coronavirus: Some restaurants extend Eat Out to September

Some eateries have decided to extend the discount scheme for another month to draw in more customers.

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Gatwick Airport plans to cut 600 jobs due to coronavirus

The job losses follow an 80% drop in passenger numbers due to coronavirus, the airport says.

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Coronavirus: UK 'could lose £60m a day' as tourism slumps

Foreign visitors are "staying away from the UK in droves" because of Covid-19, an industry body says.

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BMW Mini Oxford car plant set for hundreds of job losses

The number of shifts are to be reduced because of a "substantial" fall in customer demand.

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Coronavirus: UK economy worst hit in OECD

The OECD says the UK economy was the worst affected among major economies between April and June.

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Coronavirus: Rail passengers to be warned when trains are busy

Rail companies plan to share capacity information with passengers so they can avoid crowded trains.

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Germany extends coronavirus pay top-up scheme

Short-time work subsidies had been due to expire next March, but will now run until the end of 2021.

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Tuesday, August 25, 2020

Ant IPO: China's mighty financial group heads for a mega market debut

Little known in the West, China's dominant mobile payment firm is tipped for the world's biggest IPO.

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No plan for a return to the office for millions of staff

Fifty of the biggest UK employers say they have no plans to return all their staff full time in the near future.

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'I took a pay cut but at least I kept my job’

Companies across the UK have asked staff to accept lower pay in order to avoid lay-offs.

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Coronavirus: Can I work from home overseas?

Thinking about setting up a home office abroad? Here's what you need to know.

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Financial firms 'must do more' amid coronavirus complaints

More than 3,500 complaints about coronavirus-related financial issues have been made to the ombudsman.

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'We're giving up our office forever to work from home'

Why one Birmingham-based company has decided to give up its office and let its staff permanently work from home.

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Why are clothing sizes so erratic and can they be fixed?

New apps use your phone to record your dimensions and recommend what size to buy at shops.

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Eat Out discount used 64m times in three weeks

The Treasury says its scheme, which gives diners 50% off in August, is helping protect 1.8 million jobs.

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Fraudsters target years of pension savings

Men in their 50s are the most likely targets of criminals, with losses totalling millions of pounds.

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American Airlines to cut 19,000 jobs as travel falls

The airline said it will have about 30% fewer staff working in October than it did before the pandemic.

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DFS reports jump in sofa sales as shoppers sit it out

DFS reports a £100m rise in sales as people splash out after spending more time at home.

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Virgin Atlantic wins backing for £1.2bn rescue deal

An agreement with creditors will secure the airline's future for the next 18 months.

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Apple can block Epic's Fortnite but not Unreal Engine

The ruling, which protects Epic's Unreal Engine tool, holds until a full hearing on 28 September.

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Appledore Shipyard to reopen after £7m InfraStrata deal

Appledore Shipyard in Devon closed in March 2019 but has now been bought by InfraStrata.

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Co-op Bank to shed 350 jobs and close branches

Economic uncertainty and the shift to online banking have prompted the cuts, the bank says.

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Virgin Atlantic awaits key vote on survival deal

The airline agreed the £1.2bn rescue deal in July to secure its future beyond the coronavirus crisis.

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KFC drops Finger Lickin' Good slogan amid coronavirus

Fast food giant says the slogan does not feel "quite right" amid the global pandemic.

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Climate change: New UK law to curb deforestation in supply chains

UK businesses will have to show that products and supply lines are free from illegal deforestation.

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Monday, August 24, 2020

Trump: US and China hold 'constructive' trade talks after delay

President Trump had previously postponed the trade meeting as he didn't "want to talk to China right now."

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The Iranian immigrant who conquered online video tech

Shahrzad Rafati is the boss of internet video technology firm BroadbandTV.

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Carmakers urge FTC to fight Qualcomm ruling

Carmakers and tech firms warn prices of 5G devices and connected cars will rise if action isn't taken.

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TikTok calls Trump ban ‘political’ in lawsuit

President Donald Trump ordered Americans to stop doing business with the popular Chinese video app.

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Facebook agrees to pay France €106m in back taxes

The social networking giant has also agreed to pay France 50% more tax for 2020.

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Microsoft backs Epic Games in legal row with Apple

The Xbox company has declared support for the Fortnite-maker as it battles Apple's "monopoly".

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'Creepy men' message women on Scrabble Go app

Men, believed to be romance scammers, are approaching women via the chat function of the game.

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Tesco's 16,000 jobs drive to reward lockdown temps

The supermarket says people hired to deal with a surge in deliveries will get permanent roles.

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Coronavirus: Bailiffs return to chase pre-Covid unpaid debts

Bailiffs are resuming operations after a five-month suspension due to coronavirus.

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Mike Ashley buys long-time rival's business out of administration

The Sports Direct owner will buy gyms and shops from Dave Whelan after they went bust.

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Sunday, August 23, 2020

Rio Tinto bosses lose bonuses over Aboriginal cave destruction

Executives at the mining giant Rio Tinto have had their payouts cut over the culturally important site.

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Coronavirus job losses may deepen regional inequality - Labour

Areas with a high proportion of workers in struggling sectors will be hardest hit by the pandemic, the party says.

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Travel firms 'desperately need' government help

The industry is asking government for a new rescue plan as jobs are being lost at an "alarming" rate.

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Stress, burnout and redundancy: Tough times in IT

More staff working from home means more work for IT staff, but many face uncertainty over their jobs.

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John Lewis to pull 'Never knowingly undersold' pledge

The new boss says the slogan is likely to be replaced as the chain modernises.

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Saturday, August 22, 2020

TikTok launches legal action against Trump over ban

President Donald Trump ordered Americans to stop doing business with the popular Chinese video app.

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Friday, August 21, 2020

Pandemic 'biggest knock to live music in my life'

The business of selling music is looking healthier, but those who perform it are still suffering.

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Coronavirus forces STA Travel out of business

The firm which focused on the youth tourism market has 50 outlets in the UK.

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US wins end of EU lobster tariffs in mini trade deal

Trade officials said the move to roll back some tariffs was part of "improving EU-US relations".

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Payne: Stock pullbacks are good for investors


Payne: Stock pullbacks are good for investors



FOX Business’ Charles Payne gives his take on long-term investing and this week’s stock winners, like John Deere, and losers. Then, Kingsview Wealth Management CIO Scott Martin, Benchmark Investments managing partner Kevin Kelly and Payne Capital senior wealth manager Courtney Dominguez add their analysis.

Turkey's Erdogan hails huge natural gas find

President Erdogan says a Turkish drilling ship has made a major gas discovery in the Black Sea.

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Coronavirus: What are the rules around evictions?

The ban on evictions has been extended, but how do they work?

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Coronavirus: UK tourists face new quarantine deadline race

Travellers from Croatia, Austria and Trinidad and Tobago must self-isolate for two weeks from Saturday.

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Crossrail needs extra £450m and delayed until 2022

The project's CEO Mark Wild says the project is in its "complex final stages".

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Norwich Jarrold job losses: Boss Minnie Moll among 90 to lose jobs 'due to coronavirus'

The chief executive is made redundant as the group axes jobs in "Covid-related" cuts.

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Why is Croatia on the quarantine list? And other questions

People returning to the UK from Croatia must self-isolate from Saturday. We answer your travel questions.

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Brexit: UK-EU trade deal 'seems unlikely' says Michel Barnier

The bloc's negotiator says talks are "going backwards" as the UK says "little progress" has been made.

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UK government debt hits £2tn for first time

The government now owes more than 100% of GDP for the first time in 60 years.

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UK retail sales climb back to pre-pandemic levels

Sales rose by 3.6% in July as demand for clothing recovered and people spent more on fuel.

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Thursday, August 20, 2020

Coronavirus: Job shortage sees 1,000 people chase one position

Data reveals vacancy adverts are down by 59% compared with last summer, with some areas down 80%.

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News publishers fight tech giants for better deals

Apple and Google face pressure from news providers who want a greater share of revenue for their content.

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China's Alibaba offers olive branch to Trump

The comments from the online retail giant's boss come as the firm saw sales jump in the wake of the pandemic.

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Delta bans Navy SEAL who killed Bin Laden after mask-less selfie


Delta bans Navy SEAL who killed Bin Laden after mask-less selfie



Delta's mask policy is no joke as retired U.S. Navy SEAL Robert O’Neill experienced firsthand.

Coronavirus: Eviction day fears for worried tenants in England and Wales

Eviction cases resume on Monday - but with new restrictions - in contrast to elsewhere in the UK.

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Rugby League World Cup 2021 in England aims for high impact

The 2021 Rugby League World Cup wants to use the sport's northern roots to spread its wings overseas.

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'We have had parents crying for us to open'

The children's activities sector says it has been hit hard by the coronavirus lockdown.

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Facebook stirs anger, abandons drilling gear on Oregon coast


Facebook stirs anger, abandons drilling gear on Oregon coast



Facebook’s effort to build a landing site in a village on the Oregon coast for a fiber optic cable linking Asia and North America has run into serious trouble.

Watching DNC is like watching an alternate reality: Ronna McDaniel


Watching DNC is like watching an alternate reality: Ronna McDaniel



Republican National Convention chair Ronna McDaniel says former President Barack Obama attacking President Trump at the Democratic National Convention was a low point for the Democratic Party.

Lockheed Martin plant GM: 'Things are coming back'


Lockheed Martin plant GM: 'Things are coming back'



Lockheed Martin general manager in Archibald, Pa., Paul Cavaliere says his team has been 'very successful' at conducting business despite the pandemic, including meeting manufacturing demands and hiring new employees.

Uber, Lyft get emergency stay to continue operations in California


Uber, Lyft get emergency stay to continue operations in California



FOX Business’ Gerri Willis reports on ride-sharing companies Uber and Lyft, which will be able to continue operating in California after receiving an emergency stay order from an appeals court judge.

Potential Microsoft purchase of TikTok is up to the president to approve: Keith Krach


Potential Microsoft purchase of TikTok is up to the president to approve: Keith Krach



U.S. Under Secretary of State Keith Krach says this deal is 'a race against the clock' because it's about more than TikTok and WeChat. He says it's about the Communist Party's surveillance state using 5G as the backbone, China's firewall and the reciprocity of American apps not being allowed in China.

Twitter data breach case sparks dispute, as EU weighs first penalty against Silicon Valley under new privacy law


Twitter data breach case sparks dispute, as EU weighs first penalty against Silicon Valley under new privacy law



European Union privacy regulators are clashing over how much Ireland's data privacy watchdog will fine Twitter for a data breach disclosed last year, delaying a long-awaited decision in the first case involving a U.S. tech company under the bloc's tough new data privacy rules.

A Goodyear boycott would ‘squander’ opportunity for Trump: Expert


A Goodyear boycott would ‘squander’ opportunity for Trump: Expert



Deke Digital Chairman Dave Maney argues President Trump shouldn’t engage with the cancel culture by calling for a boycott of Goodyear.

Target expands grocery pickup service around the country


Target expands grocery pickup service around the country



After announcing blowout earnings earlier this week, Target said it would expand its grocery pickup service around the country.

Coronavirus: Portugal added to UK's safe travel list as Croatia is removed

Portugal is added to UK's safe travel list but Croatia, Austria and Trinidad and Tobago are removed.

from BBC News - Business https://ift.tt/2FHqAfY

Lyft suspends service in California over employment row

Both Uber and Lyft face a Friday deadline to change business practices in California.

from BBC News - Business https://ift.tt/3aMkqXd

US jobless claims rise back above one million

The number of Americans on benefits surpassed economists' forecasts of 925,000 claimants.

from BBC News - Business https://ift.tt/3h9Svmx

Croatia could be next on UK quarantine list, say sources

If confirmed, anyone travelling to the UK from the country would have to quarantine for 14 days.

from BBC News - Business https://ift.tt/2YfWh6g

Mothercare finalises deal to sell products in Boots

The agreement is part of a restructure of the baby goods firm, which closed its UK stores in January.

from BBC News - Business https://ift.tt/2EhLJws

Sports Direct owner Frasers Group sees signs of 'normality' returning

Despite the recovery Frasers Group says profits fell during "the most challenging year" in its history.

from BBC News - Business https://ift.tt/327lUrk

Wednesday, August 19, 2020

Airbnb puts stock market launch back on the table

The online booking firm had plans to publicly list before the coronavirus struck earlier this year.

from BBC News - Business https://ift.tt/3aDHJ5F

Coronavirus-hit Qantas posts £1bn annual loss

The Australian airline expects around 4,000 of its planned job cuts to be finalised by the end of September.

from BBC News - Business https://ift.tt/2Q9MRoM

'Three quarters of UK does grocery shopping online'

The coronavirus crisis has speeded up the shift to online shopping, says Waitrose

from BBC News - Business https://ift.tt/3iQeOxY

Coronavirus: 'My dad built me a beauty salon in the garden'

Some parents have gone to great lengths in order to help their children start a career in a pandemic.

from BBC News - Business https://ift.tt/3gcKDzw

Real 'Wolf of Wall Street' offers investor knowhow

Jordan Belfort, who inspired the Martin Scorsese movie, is offering amateur traders tips online.

from BBC News - Business https://ift.tt/2YjwXwt

Boeing wins first 737 order since 2019 after crashes

Polish charter airline Enter Air said it has confidence in the review the aircraft has faced since the crashes.

from BBC News - Business https://ift.tt/3getLbk

Trump attacks Goodyear for campaign clothes ban

The tyre company says it asks staff to refrain from "political campaigning".

from BBC News - Business https://ift.tt/3hoRhnm

Apple first US company to be valued at $2tn

The tech giant reaches the milestone just two years after achieving a $1tn stock market valuation.

from BBC News - Business https://ift.tt/3gbtsyd

Coronavirus in Northampton: 'I wake up and hope we have no lockdown'

How do businesses feel in the town with the highest number of new Covid-19 cases in England?

from BBC News - Business https://ift.tt/3kXXTLH

Makeup: The eyes have it for post-lockdown sales

Masks and the ongoing use of video calls means eye makeup is taking a greater share of sales, analysts say.

from BBC News - Business https://ift.tt/34kiaWd

Coronavirus: Lockdown budgeting exploited by fraudsters

Investment scams rise during the summer as con-artists take advantage of coronavirus uncertainty.

from BBC News - Business https://ift.tt/2DXFH4w

PPE costs add to surprise jump in UK inflation in July

Extra cost of personal protection equipment for dentists and hairdressers helped send UK inflation to 1%.

from BBC News - Business https://ift.tt/2Q5SiF1

Coronavirus: Care homes ask for insurance cost help

One care operator in Scarborough had an insurance quote at 880% more than their current premium.

from BBC News - Business https://ift.tt/34ecQ6G

UK inflation rises to 1% in July as lockdown eases

The rate of Consumer Price Index inflation jumped from 0.6% in June to 1% in July, official figures show.

from BBC News - Business https://ift.tt/316XIpF

Tuesday, August 18, 2020

Trump gives nod to Oracle buyout of TikTok in US

Oracle's chairman Larry Ellison is a supporter of the US president and held a fundraiser for him this year.

from BBC News - Business https://ift.tt/2CD6eDg

Can Harry Potter magic tourists back to Japan?

Film studio Warner Bros hopes its new tourist attraction based on the boy wizard will be ready for 2023.

from BBC News - Business https://ift.tt/323Ui6h

Iconic British music brand NME launches in Asia

The announcement comes as much of the global media industry is being forced to make significant cuts.

from BBC News - Business https://ift.tt/3j5S0uv

Pizza Express to close 73 outlets hitting 1,100 jobs

The chain says it has cut a deal to stay afloat as coronavirus continues to buffet the economy.

from BBC News - Business https://ift.tt/325yl6J

'I'm very anxious about getting back to work'

Charities say thousands who have been shielding may have to choose between a job and their health.

from BBC News - Business https://ift.tt/34bQMt7

Tracking down three billion litres of lost water

Pinpointing a leaky pipe is difficult, so water firms are deploying thousands of sophisticated sensors.

from BBC News - Business https://ift.tt/3h9jcrt

US stocks hit new high after coronavirus crash

Wall Street's S&P 500 index is now higher than it was in February before a historic 34% collapse.

from BBC News - Business https://ift.tt/34bXzDm

Camping gear sales jump amid staycation boom

Asda, John Lewis and Halfords have all seen surging demand for equipment as pitch bookings rise.

from BBC News - Business https://ift.tt/3iQU3Cj

Sajid Javid: Why has the ex-chancellor been allowed to work for JP Morgan?

The ex-chancellor has taken a job with the US bank, six months after resigning from government.

from BBC News - Business https://ift.tt/2Q5AIAW

Housebuilder Persimmon reports weekly sales jump as house prices rise

The shares rose 5% despite a drop in profit and fewer homes being built than the year before.

from BBC News - Business https://ift.tt/3l65rfI

Southend Airport: 'Disappointment' at Easyjet flight cuts

Flights to 21 destinations from the Essex airport are being scrapped by the low-cost airline.

from BBC News - Business https://ift.tt/2FBjcTh

Eat Out to Help Out dishes out 35m meals in two weeks

The government set aside £500m for Eat Out to Help Out in order to support the hospitality sector.

from BBC News - Business https://ift.tt/2Ehtura

Fortnite: Epic files new injunction against Apple

Fortnite-maker Epic Games now says it faces a total ban from Apple.

from BBC News - Business https://ift.tt/2FAVqqw

Former Chancellor Javid returns to JP Morgan

Mr Javid quit as chancellor in February after refusing to sack his advisers.

from BBC News - Business https://ift.tt/325T1vH

M&S to cut 7,000 jobs over next three months

The High Street retailer says the coronavirus pandemic has meant a "material shift in trade".

from BBC News - Business https://ift.tt/349XGzl

Monday, August 17, 2020

Trump dangles cash for US firms moving from China

The US president is enticing companies to move factories back to America while punishing those who don’t.

from BBC News - Business https://ift.tt/3ayZuTo

Citibank sues for $176m payment made in error

Citigroup says the over-payment to hedge fund Brigade was due to an "operational mistake".

from BBC News - Business https://ift.tt/31YUOT2

Thousands of migrants denied help in the pandemic

Migrants in casual roles have lost work under lockdown - but they are unable to access benefits.

from BBC News - Business https://ift.tt/3g7lRRg

Auctioneers see surge in Covid-19 bankruptcy sales

Auction firm reports "busiest month in 52 years" as stock is sold from businesses going bankrupt.

from BBC News - Business https://ift.tt/3h72Xer

The two students who took on Coke and Pepsi

German friends Mirco Wiegert and Lorenz Hampl launched best-selling Fritz-Kola in 2003.

from BBC News - Business https://ift.tt/3h3TNzw

Ryan Reynolds-backed gin bought in $610m deal

Aviation American gin, in which the Hollywood actor holds a major stake, has been sold to Diageo.

from BBC News - Business https://ift.tt/312cJJf

McDonald's ex-boss fights sexual liaison claims

Steve Easterbrook asks for a case alleging that he lied about relationships with staff to be dismissed.

from BBC News - Business https://ift.tt/3awwUCg

US tightens restrictions on Huawei computer chip access

The actions will aim to stop the firm buying computer chips made using US tech, even if they are made abroad.

from BBC News - Business https://ift.tt/2E3E3xY

Ryanair cuts flights as EU virus rates hit bookings

The airline said activity for September and October "notably weakened" over the past 10 days.

from BBC News - Business https://ift.tt/2PXsJ8X

Selfridges to offer clothing rental in environmental push

Customers are demanding that businesses take environmental concerns seriously, says boss.

from BBC News - Business https://ift.tt/3kTcKHu

Morrisons considers ditching all 'bags for life' for paper

The grocer says customers are ready to stop using plastic bags and promises sturdy paper replacements.

from BBC News - Business https://ift.tt/3h2cnI8

Sunday, August 16, 2020

Coronavirus: Japan suffers its biggest economic slump on record

The world’s third largest economy saw growth contract by a record 27.8% amid the coronavirus pandemic.

from BBC News - Business https://ift.tt/2PXjHZV

Coronavirus: Claims open for second self-employed support grant

HM Revenue and Customs admits some people were paid too much when the first grants were distributed.

from BBC News - Business https://ift.tt/2Q0mYHS

Turkey Twizzlers set for healthier comeback

Bernard Matthews is relaunching the controversial product, once condemned as unhealthy by Jamie Oliver.

from BBC News - Business https://ift.tt/3kNXf3n

China and trade: Breaking up is hard to do

Coronavirus has forced firms to rethink supply lines, but can they reduce their reliance on China?

from BBC News - Business https://ift.tt/2E980wx

MSC Grandiosa: First Mediterranean cruise launches after five-month pause

Operator MSC Cruises says everyone aboard has been tested for coronavirus amid safety concerns.

from BBC News - Business https://ift.tt/3iJosT2

Debenhams hires liquidator in contingency plan

The department store chain appoints specialist firm Hilco Capital but says it is "trading strongly".

from BBC News - Business https://ift.tt/343wqlP

Dropshipping: The hustlers making millions from goods they never handle

Dropshippers buy cheap products from China and then pay internet celebrities to promote them.

from BBC News - Business https://ift.tt/31ZzpcB

Saturday, August 15, 2020

Coronavirus: How music played on in lockdown

The music industry nearly ground to a halt as the pandemic gripped the UK, so how have companies coped?

from BBC News - Business https://ift.tt/2Y7gZoS

Tea at the Ritz soured by credit card scammers

Scammers posed as hotel staff to trick customers into handing over payment information.

from BBC News - Business https://ift.tt/3ath7Ec

Friday, August 14, 2020

'Blackmailers stole our Instagram account'

What happens when a small company is extorted after losing control of its Instagram account?

from BBC News - Business https://ift.tt/3kVJSOS

My Money: 'My mum's advice saved me from lockdown anxiety'

Lexy Oliver from Cheshire takes us through her week during the coronavirus pandemic.

from BBC News - Business https://ift.tt/3as6dyD

Robots go their own way deep in the ocean

Firms are building robots that can survey the seabed and underwater structures without human help.

from BBC News - Business https://ift.tt/3fRLq8R

Coronavirus: YO! Sushi to shut restaurants and cut 250 jobs

The company, known for its conveyor belt service, has launched a company voluntary arrangement.

from BBC News - Business https://ift.tt/3iEynt6

Ex-pizza delivery boy's gym firm worth over £1bn

Ben Francis, the founder of sportswear company Gymshark, has sold a 21% stake to a US investor.

from BBC News - Business https://ift.tt/2PUQVch

Just Eat to stop using gig economy workers

Boss Jitse Groen says he would rather have staff who get benefits and more workplace protection.

from BBC News - Business https://ift.tt/3gXXsyy

Coronavirus: Can I get travel insurance and what are my travel rights?

France and the Netherlands have been added to the list of UK quarantine countries.

from BBC News - Business https://ift.tt/2vYpHL2

Eurotunnel warns travellers not to turn up without a booking

The firm says customers trying to return early from France must have a booking to travel.

from BBC News - Business https://ift.tt/3kLo5t9

Thursday, August 13, 2020

China 'may question' trade talks with US amid tension

The two economic superpowers have seen tensions rise considerably since their last negotiations.

from BBC News - Business https://ift.tt/2PRWCry

Amazon launches online pharmacy in India

The internet retail giant's move comes as US tech firms are investing billions of dollars in India.

from BBC News - Business https://ift.tt/3gW4Vy5

‘Raise sick pay’ to lower virus health and economic risk

It would manage a "crude" trade-off between lives and jobs as the UK economy reopens, a report says.

from BBC News - Business https://ift.tt/30SfVqM

'We were all packed, then they cancelled our holiday'

Hundreds of would-be holidaymakers are finding their bookings have been cancelled last minute.

from BBC News - Business https://ift.tt/2PME8sm

France to be added to UK quarantine countries

People returning from the Netherlands and Malta from Saturday will also have to self-isolate.

from BBC News - Business https://ift.tt/30QLvFs

The millions being made from cardboard theft

With the global market for recycled cardboard worth billions of dollars, it is attracting criminals.

from BBC News - Business https://ift.tt/30QUWVr

Fortnite removed from iPhone App Store as Epic Games sues

Epic Games said it was taking Apple to court over monopolistic policies.

from BBC News - Business https://ift.tt/2XWaeGE

New Look in new bid to turn fortunes around

The fashion chain wants landlords to accept rents based on the sales stores generate.

from BBC News - Business https://ift.tt/3fVSP6O

US jobless claims below 1m for first time since March

The number of Americans filing new claims for unemployment benefits falls to 963,000.

from BBC News - Business https://ift.tt/3fULAMC

Jobs: Demand for workers picks up in early August

Recruiters say the number of new job ads suggests that a slow recovery could be underway.

from BBC News - Business https://ift.tt/3kITrjS

Michael Jordan: Rare trainers to fetch at least $500,000 at auction

Christies is selling 11 pairs of the basketball legend's shoes, including the "rarest of the rare".

from BBC News - Business https://ift.tt/3apLXhc

National Express to use jobs bonus to cut bus fares

The government's job retention bonus scheme will be used to cut fares in the West Midlands and Dundee.

from BBC News - Business https://ift.tt/2CnXrVP

Coronavirus: Price cap plan for funerals shelved by CMA

A long-running investigation finds the sector is not working well for grieving families.

from BBC News - Business https://ift.tt/30S8Y9j

Tui: Holiday bookings for next summer jump 145%

The travel giant makes a £1bn loss in three months - but says summer bookings for 2021 are up 145%.

from BBC News - Business https://ift.tt/2CsTW0o

Wednesday, August 12, 2020

China's Tencent downplays Trump's WeChat app ban

The ban on Tencent's messaging app could end up being be more damaging to iPhone maker Apple.

from BBC News - Business https://ift.tt/2DQbNyN

Coronavirus: Netflix to stream Diana musical before Broadway debut

The life story of the princess will become the first Broadway show to premiere on the small screen.

from BBC News - Business https://ift.tt/33QE7vL

First-time buyers: Four ways the property market 'will be tougher'

UK house prices are predicted to fall but a report spells out why property may remain out of reach.

from BBC News - Business https://ift.tt/3kEnjxM

'Don't take knockbacks as insults, l learn from them'

Ready meals maker: "don't take knockbacks as insults. Learn from them."

from BBC News - Business https://ift.tt/3akqhmj

Livestreaming in Asia: Meet the stars of 'shoppertainment'

As Covid-19 keeps millions of people at home, the popularity of "shoppertainment" has skyrocketed in Asia.

from BBC News - Business https://ift.tt/3fYFtXO

What will fashion shows look like post Covid-19?

CGI models allow patterns to be tested virtually and fewer garments, if any, need to be made.

from BBC News - Business https://ift.tt/2Fk11Br

US holds off on threatened tariff hike in EU Airbus fight

The US will maintain import duties on $7.5bn worth of items including French cheese and single malt whiskies.

from BBC News - Business https://ift.tt/33RACFi

Getting creative and going viral in lockdown

During lockdown many families have turned to creating online videos as a way of having fun.

from BBC News - Business https://ift.tt/3ixBhjh

Recession is unprecedented, says Chancellor Rishi Sunak

Rishi Sunak says it is a "difficult and uncertain time" as the UK suffers its biggest slump on record.

from BBC News - Business https://ift.tt/33WA0y7

Natwest to cut 550 jobs in branches and close one office

The lender is seeking to cut costs as more people bank online during the pandemic.

from BBC News - Business https://ift.tt/2XTTbVq

Cardiff-based Admiral car insurer reveals profits jump

Covid-19 lockdown restrictions saw customers staying at home and fewer miles driven, says Admiral.

from BBC News - Business https://ift.tt/3fTZXka

Sumner Redstone: US media mogul dies aged 97

His influential entertainment empire included ViacomCBS and Paramount Pictures.

from BBC News - Business https://ift.tt/30OUIht

Coronavirus: How can I find a new job?

Jobseekers are having a tough time at the moment but some sectors are hiring and support is available.

from BBC News - Business https://ift.tt/30PPCkZ

Sports Direct owner Frasers delays annual accounts again

Profit and sales figures at Mike Ashley's Frasers Group are delayed while figures are finalised.

from BBC News - Business https://ift.tt/344evf5

Asos: Sports gear and face cream sales boom as lockdown eases

The fashion retailer says "stronger than anticipated" demand has continued even as lockdown has eased.

from BBC News - Business https://ift.tt/3ivFDr9

UK officially in recession for first time in 11 years

The UK has officially fallen into recession after suffering its biggest slump on record between April and June.

from BBC News - Business https://ift.tt/2DXbTUY

Tuesday, August 11, 2020

Disney ends the historic 20th Century Fox brand

The move comes after the firm paid more than $71bn for most of Rupert Murdoch's film and TV business.

from BBC News - Business https://ift.tt/2PLcVGk

Coronavirus: World's biggest gambling hub reopens for business

The "Las Vegas of Asia" is hoping to bring back the high-rollers after its virus-driven visitor slump.

from BBC News - Business https://ift.tt/31Gmaxf

Coronavirus: Airline refunds ‘still too slow’ despite warning

Which? says the Civil Aviation Authority needs more powers to punish airlines over refund delays.

from BBC News - Business https://ift.tt/2Fjfkq1

Coronavirus: What is a recession?

The coronavirus pandemic has thrown many countries into recession - but what exactly is it and how could it affect you?

from BBC News - Business https://ift.tt/2FfGqOG

The headphones that even a DJ can't break?

A new way to produce tiny speakers promises more robust headphones with high quality sound.

from BBC News - Business https://ift.tt/31GWXT4

Missing Cryptoqueen: Why did the FCA drop its warning about the OneCoin scam?

A decision to delete an online alert was exploited by those promoting the multi-billion-pound crime.

from BBC News - Business https://ift.tt/31IPAKS

Debenhams to cut 2,500 more jobs amid pandemic

This is on top of the 4,000 announced since May, meaning the retailer will have cut a third of its staff.

from BBC News - Business https://ift.tt/3kD2x1Q

Stilton drives wedge between UK-Japan Brexit deal

Stil-tons to do as talks over blue cheese become an unlikely obstacle to a post-Brexit trade agreement.

from BBC News - Business https://ift.tt/2PIP1LD

Heathrow: Coronavirus quarantine 'strangling UK economy'

Britain is being cut off from critical markets, says the airport, which saw traffic plunge in July.

from BBC News - Business https://ift.tt/33JPV2R

UK employment falls by biggest amount in over a decade

Employment decreased by 220,000 between April and June, said the Office for National Statistics.

from BBC News - Business https://ift.tt/3aqc1sB

Monday, August 10, 2020

Trump: Tech giants challenge US foreign worker crackdown

Amazon, Apple and Facebook are among the firms backing the legal case against the temporary visa ban.

from BBC News - Business https://ift.tt/3kAeJ32

Citron’s Andrew Left: Despite securities fraud concerns, there is great growth in China


Citron’s Andrew Left: Despite securities fraud concerns, there is great growth in China



Citron Research founder and executive editor Andrew Left on Chinese companies, like GSX Techedu, trading on U.S. stock exchanges.

Will future malls include Amazon fulfillment centers?


Will future malls include Amazon fulfillment centers?



Kurt Knutsson, known as ‘The Cyber Guy,’ provides insight into the possible bidding war over TikTok and reports Amazon may put fulfillment centers in empty, closed department stores in Simon Property Group malls.

Will TikTok sue White House over executive order?


Will TikTok sue White House over executive order?



FOX Business’ Charlie Gasparino gives an update on the latest news surrounding TikTok and a possible bid from Microsoft for the social media company.

Charles Payne: Etsy stock has a lot of room to grow


Charles Payne: Etsy stock has a lot of room to grow



FOX Business’ Charles Payne argues Etsy stock is worth keeping your eye on. Then, Key Advisors Group CEO Eddie Ghabour joins to discuss this and other growth opportunities in the market.

Blackstone weighed investment in TikTok-Microsoft bid: Gasparino


Blackstone weighed investment in TikTok-Microsoft bid: Gasparino



Sources tell FOX Business’ Charlie Gasparino that it is unclear whether Blackstone will invest because its interest in any deal appears to be waning.

Will TikTok influencers have to ‘start over’ if app gets banned?


Will TikTok influencers have to ‘start over’ if app gets banned?



Influences founder and CEO Ariadna Jacob provides insight into managing TikTok influencers and what stars of the platform will do if the app is banned.

New York’s mass transit agency asks Apple to tweak iPhone software over coronavirus concerns


New York’s mass transit agency asks Apple to tweak iPhone software over coronavirus concerns



New York’s mass transit agency wants Apple to come up with a better way for iPhone users to unlock their phones without taking off their masks, as it seeks to guard against the spread of the coronavirus in buses and subways.

Varney: Trump is playing serious hard ball on China


Varney: Trump is playing serious hard ball on China



FOX Business’ Stuart Varney argues President Trump’s actions toward TikTok and other Chinese tech companies shows that he is the commander-in-chief of business.

Business travel won’t return to pre-coronavirus levels: Expert


Business travel won’t return to pre-coronavirus levels: Expert



Global Entrepreneurship Network Board Chairman Jeff Hoffman argues airlines need international and business travel, which have dramatically decreased during the coronavirus outbreak.

Are virtual weddings the new normal?


Are virtual weddings the new normal?



Video chat weddings could be a future trend. FOX Business’ Lauren Simonetti with more.

Apple boss Tim Cook reaches billionaire status

The company's share price has soared, helping to boost the personal wealth of its chief executive.

from BBC News - Business https://ift.tt/3kABVOH

Hertz sold $29 million in stock before SEC stepped in


Hertz sold $29 million in stock before SEC stepped in



Hertz Global Holdings Inc. raised $29 million selling its likely worthless stock before regulators dissuaded the bankrupt rental-car company from selling more.

'I'm trapped in a joint mortgage with my abuser'

An abuse survivor describes her ordeal as a charity calls for action to tackle financial abuse. from BBC News https://ift.tt/bWL1OrA