The Washington Post alleges a consultancy was paid by Meta to promote stories of dangerous TikTok trends.
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Thursday, March 31, 2022
Norton Motorcycles: Stuart Garner sentenced over missing pensions
The former boss of Norton Motorcycles lost about £10m of people's pensions.
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Russia threatens to stop supplying gas if not paid in roubles
Vladimir Putin orders "unfriendly" foreign buyers of Russia's gas to open Russian bank accounts.
from BBC News - Business https://ift.tt/R80VL...
Cuadrilla given extra year to evaluate fracking wells
Fracking firm Cuadrilla will not have to concrete over controversial shale gas wells near Blackpool.
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Energy websites crash in meter readings rush
Suppliers including Shell and EDF are working to resolve issues, ahead of a price rise on Friday.
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British Steel pension scandal: Savers could be compensated
The financial watchdog says it will deliver compensation worth £71.2m to those who were misled.
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Wednesday, March 30, 2022
Ronin Network: What a $600m hack says about the state of crypto
The hack of the Ronin Network crypto platform leaves thousands out of pocket and plenty of questions.
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Ukraine conflict: Russia to allow unauthorised imports from West
The decision is in response to Western sanctions and surging inflation since the war in Ukraine.
from BBC News - Business https://ift.tt/nH2Zj...
Why are energy bills so high and when should I take a meter reading?
Electricity and gas bills for a typical household will go up £693 a year in April.
from BBC News - Business https://ift.tt/f5HdP...
P&O Ferries: UK plans to block ferries that don't pay minimum wage
Grant Shapps has set out new industry measures after the sacking of 800 P&O Ferries staff.
from BBC News - Business https://ift.tt/fGPjU...
COVID vaccine mandate lawsuits: 24 states challenge Biden administration's mandate for private businesses
COVID vaccine mandate lawsuits: 24 states challenge Biden administration's mandate for private businesses
At least 24 states have already taken action against President Biden's new COVID-19 vaccine mandate for private businesses with more than 100 employees...
Germany warns on gas supply over Russia payment row
Germany takes the first step towards gas rationing as a payments row with Russia escalates.
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Tuesday, March 29, 2022
Call to spend or deposit £20 and £50 paper notes
People are being urged to spend or deposit paper notes as they are replaced with plastic ones.
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Firms must choose between Russia and West, says US
Wally Adeyemo, a top US politician, says the West is committed to issuing more sanctions on Russia.
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Heathrow strike expected to hit Easter holidaymakers
Baggage maintenance engineers intend to walk out between 8 and 10 April in a row over pay.
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Full fuel duty cut not being passed on to drivers
Big retailers have passed on the 5p per litre cut, but smaller forecourts have yet to re-stock.
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UK seizes first superyacht in British waters
The £38m yacht, named Phi, is owned by an unnamed Russian businessman, the government says.
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Decathlon backtracks on Russia after boycott calls
The sporting retailer has halted its business in Russia after criticism of its decision to stay.
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Waitrose in row with Asda over 'Just Essentials' budget range
Rival supermarket Waitrose says its own similarly-named discount brand "Essential" range is trademarked.
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Monday, March 28, 2022
Universal Credit: Chancellor defends decision not to boost benefits
Rishi Sunak tells MPs he gave "targeted support to those who need it most" in last week's Spring Statement.
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Cadbury shrinks size of Dairy Milk sharing bar
Despite the size of the chocolate bar getting 10% smaller, the £2 price tag will remain.
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Eagle and Sunak on poverty claims after Spring Statement
Rishi Sunak says his Spring Statement measures are a "progressive" package that will not add to inflationary pressures.
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Energy strategy delayed amid Treasury concerns over costs
The PM promised the plan "in days" in early March, but the BBC understands the Treasury is worried about costs.
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Sainsbury's urged to up pay to match cost of living
A group of investors wants the supermarket to ensure pay covers the rising cost of living.
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Government no longer majority owner of NatWest
The Treasury sells £1.2bn of shares back to NatWest Group after it bailed out the bank in 2008.
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Sunday, March 27, 2022
Shanghai Covid: Oil prices slide after city starts lockdown
The nine-day lockdown of Shanghai is China's largest since the coronavirus outbreak began.
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Big regional divide on some energy bill charges
Rises in standing charges on electricity bills will vary significantly according to where people live.
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Ferry firms to meet officials over P&O fallout
Bosses from DFDS and Stena Lines will meet transport officials to discuss P&O's sacking of staff.
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M&S sorry after shopper got 100 wrong parcel texts
Marks & Spencer apologises for sending customers photos and locations of other people's parcels.
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Canada pledges to help countries stop using Russian oil
Canada says its can provide more oil, gas and uranium to help solve the global energy crisis.
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Ukraine war: Chernobyl’s vodka producer remains defiant
A company that produces Chernobyl’s ‘Atomik vodka’ releases new products, donating profits to Ukraine's refugees.
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Saturday, March 26, 2022
Sizewell C nuclear power station: Government to take 20% stake
French developer EDF will also take a 20% stake in the £20bn power station at Sizewell, in Suffolk.
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P&O Ferries: Protests at ports against sackings
There are safety concerns over using cheaper replacement crews, as one ship is found to be "unfit to sail".
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Friday, March 25, 2022
'Fraudsters stole everything, even my house'
Pensioner Graeme Stagg says that fraudsters destroyed his life by taking everything.
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Spotify stops streaming in Russia over safety concerns
New laws threaten jail for people accused of spreading "fake news" about Russia's armed forces.
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P&O Ferries: RMT union raised concerns over Irish Ferries last year
The government's response to Irish Ferries' use of cheap labour was smaller than its response to P&O Ferries.
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Rishi Sunak denies link to Russia through firm part-owned by wife
An Indian software giant part-owned by the chancellor's wife has kept its presence in Moscow.
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Thursday, March 24, 2022
Electric car chargepoints to rise 10-fold by 2030 says DfT
The number of chargepoints will be five times more than the number of fuel pumps today, DfT says.
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US jobless claims at lowest level since 1969
The last time the jobless claims were this low America landed a man on the moon. But is the economy headed back to the 1970s?
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Spotify paid 130 artists more than $5m last year
The Swedish streaming company also reveals it handed out $7bn to the music industry last year.
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Uber to list New York City yellow taxis in app
The partnership with a former foe comes as the company faces a driver shortage.
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P&O Ferries: Not consulting on job cuts broke law, boss admits
Peter Hebblethwaite admits P&O should have consulted unions before sacking 800 ferry workers.
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Funeral firm collapses leaving fears over payments
Safe Hands, which has 45,000 customers in the UK, sold funeral plans that may no longer be honoured.
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Small business owners: 'We're taking the hit'
Many entrepreneurs are struggling to balance soaring costs and keep their businesses profitable.
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Wednesday, March 23, 2022
Goldman Sachs boss David Solomon set to DJ Lollapalooza
Goldman Sachs boss David Solomon will play the four-day music festival in Chicago.
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Spring Statement: Key points at a glance
The chancellor laid out his Spring Statement amid a cost of living squeeze. Here's what you should know.
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Spring Statement: Rishi Sunak vows to cut income tax before 2024 election
The chancellor also unveils a 5p fuel duty cut - but Labour says it is not enough to tackle the cost of living crisis.
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Fuel duty cut by 5p a litre to help motorists
The cut will come into force at 6pm on Wednesday as drivers struggle with record fuel prices.
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Nestle pulls KitKat and Nesquik out of Russia
The Swiss food giant drops some popular brands, but will still sell baby food and medical nutrition.
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UK growth forecasts slashed due to Ukraine war
Economic forecaster says there is an "unusually high uncertainty" over outlook because of the Ukraine war.
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PM: 'It looks like P&O mass sackings broke the law'
Boris Johnson says P&O Ferries could face fines of "millions" after sacking 800 staff suddenly.
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Tuesday, March 22, 2022
Flybe to resume flights and operations in April
The carrier, which collapsed two years ago, is now based in Birmingham and will operate 23 routes.
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Ukraine: Oligarch says he ditched mansions before sanctions
Alisher Usmanov put luxury homes into trusts, raising questions about whether sanctions will work.
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Petrol prices stabilise after weeks at record highs
Average petrol prices fall slightly from record high of £1.67 per litre, the RAC says.
from BBC News - Business https://ift.tt/MmzAp...
Cost of living: 'It feels like I'm being priced out of existence'
Some disabled people say they are switching off their heating to cope with spiralling energy bills.
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Postmasters who exposed scandal to be fully compensated
The government will compensate workers who exposed the Post Office IT scandal but missed out on full payouts.
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Why is petrol so expensive and what is fuel duty?
UK fuel prices are at record highs and there are calls for the government to act.
from BBC News - Business https://ift.tt/A63pB...
Monday, March 21, 2022
New P&O crew on less than £2 an hour, union claims
The RMT union says Indian seafarers recruited to work in Dover are on rock bottom rates.
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UK government mulls move to take over Gazprom unit
The BBC understands that the UK division of Russian gas giant Gazprom could be placed into administration.
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Spring Statement: What to expect on fuel, pensions and benefits
The Ukraine war and rising living prices means Rishi Sunak faces pressure to take fresh action to help.
from BBC News - Business https://ift.tt/acf61...
Cost of living worries: Unions push further on pay as inflation soars
Any pay increase that still falls short of price rises means a cut for workers, a union boss says.
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Moscow stock market reopens for some bond trading
Trading in bonds issued by the Russian government has restarted but other business remains suspended.
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Free-range eggs no longer available in UK due to bird flu
The amount of time hens have been kept indoors due to bird flu means eggs will now be labelled "barn eggs".
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Sunday, March 20, 2022
Democrats may include tax cut that benefits wealthy Americans in Biden's huge spending plan
Democrats may include tax cut that benefits wealthy Americans in Biden's huge spending plan
A coalition of moderate Democrats is aiming to repeal a Trump-era limit on state and local tax deductions as part of President Biden's signature spending plan, teeing up a showdown with progressives who say doing so would amount to a huge tax cut for the rich...
Google to provide $20M in career support for military families, veterans
Google to provide $20M in career support for military families, veterans
Google is set to provide $20 million in grant funding and donations to support economic empowerment for veterans and the military community...
Democrats' 'Plan A' amnesty plan would increase federal deficit by over $500 billion by 2041: CBO
Democrats' 'Plan A' amnesty plan would increase federal deficit by over $500 billion by 2041: CBO
One of the sweeping plans by Democrats to grant amnesty to millions of illegal immigrants would add more than half a trillion dollars to the deficit by 2041, according to a Congressional Budget Office analysis published late Tuesday...
'Socialism isn’t progressive. It’s backwards': Nikki Haley
'Socialism isn’t progressive. It’s backwards': Nikki Haley
EXCLUSIVE: Former U.N. ambassador Nikki Haley says the Democratic Party is now a socialist part...
Varney: Biden presidency has ‘completely run out of juice’
Varney: Biden presidency has ‘completely run out of juice’
FOX Business' Stuart Varney says the Virginia governor's race was an election representative of Biden's failures...
Miami Beach voters say 'yes' to closing bars earlier
Miami Beach voters say 'yes' to closing bars earlier
Last call could come three hours earlier in Miami Beach, where a majority of voters fed up with nighttime violence chose “Yes” to rolling back the 5 a.m. closing time for alcohol sales...
Saudi Aramco ramps up investment to boost production
The state energy firm Saudi Aramco said it would increase investment after profits more than doubled in 2021.
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P&O Ferries' sackings were appalling, says Sunak
The government is examining the legality of the ferry firm's actions, the chancellor confirms.
from BBC News - Business https://ift.tt/OfjBP...
Friday, March 18, 2022
P&O Ferries' job cuts a 'PR disaster', say experts
Communications experts say P&O Ferries' move to sack 800 staff was 'how not to handle a difficult situation'
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'I sent my brother flak jackets, helmets and boots'
The east London chef sending protective equipment to Ukraine's soldiers.
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P&O Ferries sackings: Government to review contracts with ferry firm
Transport Secretary Grant Shapps has written to the firm about the treatment of staff who lost their jobs.
from BBC News - Business https://ift.tt/pJuO0...
Are the P&O Ferries sackings legal?
P&O has been widely criticised for sacking 800 employees - but are its actions illegal?
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P&O Ferries security ‘treated staff like criminals’
P&O Ferries crew "felt intimidated" by security and "were treated like criminals" when they lost jobs
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P&O: Agency worker describes Cairnryan 'mystery bus tour'
Mark Canet-Baldwin was driven to a P&O dock and says he was kept in the dark about the situation.
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Thursday, March 17, 2022
Airline giant Delta warns oil increases mean higher ticket prices
The jump in oil prices since Russia invaded Ukraine is set to lead to higher airfares.
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Ukraine war: Fraudsters exploit crisis to steal money
Fraudsters are masquerading as victims of the war in Ukraine to trick people into sending money.
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Interest rates rise again to counter higher prices
Bank of England increases rates for the third time in four months as the cost of living rises.
from BBC News - Business https://ift.tt/e201G...
P&O cancels services and tells ships to stay in port
Ferry operator says it isn't going bust, but a union warns hundreds of staff could be sacked.
from BBC News - Business https://ift.tt/QTEcG...
Ukraine war could hit global growth, OECD warns
The organisation warns the conflict in the region could reduce global economic growth by more than 1%.
from BBC News - Business https://ift.tt/uXBOL...
Interest rates: What are they and why do they matter?
The Bank Rate is one of the main tools used to keep the UK economy growing steadily.
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Wednesday, March 16, 2022
Why your fish and chips may cost a lot more
The conflict in Ukraine is a long way from the UK but it means fish and chip shops are seeing prices soar.
from BBC News - Business https://ift.tt/bEBml...
Oil prices fall as data shows big build in US inventory
Oil prices fall as data shows big build in US inventory
...
US central bank raises interest rates for first time since 2018
The Federal Reserve raises rates despite Ukraine uncertainty to try to curb soaring inflation.
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Lloyd's of London fines insurer Atrium over initiation games
Atrium Underwriters admits three charges relating to bullying and misconduct on 'boys' nights out'.
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Cost of living: Consumers urged to take up workplace perks
An estimated 10 million people can access discount schemes at work but may not use them, research suggests.
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Diesel up by 2p in a day amid global oil concerns
Russia's invasion of Ukraine has rocked global oil prices and pushed up the cost of fuel in the UK.
from BBC News - Business https://ift.tt/QWHha...
Tuesday, March 15, 2022
Parler CEO on Facebook rebrand, Trump’s social media platform
Parler CEO on Facebook rebrand, Trump’s social media platform
Parler CEO George Farmer reacts to Zuckerberg’s unveiling of ‘Meta’ and former President Trump’s new social media platform called Truth Social...
Apple, Amazon earnings prove real dollars being influenced by 'lack of access': Expert
Apple, Amazon earnings prove real dollars being influenced by 'lack of access': Expert
Third Bridge TMT global sector lead Scott Kessler says Apple and Amazon earnings fell below estimates due to supply chain issues...
Disappointing earnings a 'wake-up call' for Apple, Amazon: Cornerstone Wealth CIO
Disappointing earnings a 'wake-up call' for Apple, Amazon: Cornerstone Wealth CIO
Cornerstone Wealth CIO Cliff Hodge argues that supply chain disruptions have impacted earnings for some of the best-run companies...
What to keep an eye on ahead of Apple, Amazon earnings
What to keep an eye on ahead of Apple, Amazon earnings
Starship Capital managing partner John Meyer and Neuberger Berman senior research analyst Daniel Flax discuss what's weighing on earnings...
Facebook early investor: Metaverse rollout thrown together in 'desperation'
Facebook early investor: Metaverse rollout thrown together in 'desperation'
Elevation Partners co-founder Roger McNamee says the social media giant's latest business venture is a distraction from recent revelations...
Fears Russia will not be able to pay its debts mount
The country may be about to default on its debts as Western sanctions over Ukraine bite.
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Ukraine war: Russia's ex-president among 370 new UK sanctions targets
Dmitry Medvedev and President Vladimir Putin's spokesman are among those to be hit with asset freezes and travel bans.
from BBC News - Business https://ift.tt/xJjyf...
Cost of filling petrol family car rises above £90
The RAC calls on retailers to start passing on falling wholesale prices to consumers.
from BBC News - Business https://ift.tt/rFlEK...
Wilko sorry for saying staff could work with Covid
The retailer says it made a mistake by telling staff they could continue to work if they tested positive.
from BBC News - Business https://ift.tt/bHY0w...
Monday, March 14, 2022
UK government set to scrap all travel rules for England
Ministers are set to scrap all rules for arrivals into England, including for unvaccinated passengers.
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Petrol prices set to ease after hitting record highs
Fuel prices are expected to peak this week before falling due to the price of oil dropping globally.
from BBC News - Business https://ift.tt/cHpK2...
Inflation: Sports bras in, doughnuts out of cost of living measure
Pet collars and frozen Yorkshire puddings are other goods now used to measure changes in the cost of living.
from BBC News - Business https://ift.tt/nyfSM...
Cost of living: Food boss says prices could rise by up to 15%
The boss of food firm 2 Sisters warns prices will jump as a result of the war in Ukraine.
from BBC News - Business https://ift.tt/1JWuS...
Sunday, March 13, 2022
Ukraine crisis: US warns China against helping Russia
US officials say Russia asked China for military support and help in evading sanctions.
from BBC News - Business https://ift.tt/MwvoO...
Delaying National Insurance rise would be 'no problem'
Sir Charlie Bean, who recently left the Office for Budget Responsibility, says the move could be delayed.
from BBC News - Business https://ift.tt/NUtrO...
'Young people may have 10-plus careers in their lifetime'
A charity competition is encouraging school kids to get entrepreneurial and make their own products.
from BBC News - Business https://ift.tt/uONl7...
Energy boss: US gas exports can 'easily' replace Russian
The CEO of the largest natural gas company in the US says American exports to Europe can 'easily' replace Russian supply
from BBC News - Business https://ift.tt/G3JB9...
Unions warn of job losses if rail firms close ticket offices
Train operators are talking to unions about how to address job changes in a bid to modernise the railways
from BBC News - Business https://ift.tt/oOA1U...
Big UK firms in push to give Ukraine refugees jobs
A consortium of businesses is in talks with the government over jobs for Ukraine refugees.
from BBC News - Business https://ift.tt/FTj5p...
Russia sanctions: How the measures have changed daily life
Prices are rising in Russia and some goods are harder to buy. Here are ways sanctions are affecting daily life.
from BBC News - Business https://ift.tt/ns6B7...
Saturday, March 12, 2022
Order holiday gifts online by Veteran’s Day to avoid delays: Retail expert
Order holiday gifts online by Veteran’s Day to avoid delays: Retail expert
Strategic Resource Group managing director Burt Flickinger discusses issues facing retailers today from theft to supply chain delays...
Boss accused of defrauding blind workers' pensions
Blind staff at failed 168-year-old business say they are owed pay, redundancy and furlough money.
from BBC News - Business https://ift.tt/xAnga...
Facebook unveils new name as company dives deep into metaverse
Facebook unveils new name as company dives deep into metaverse
As Facebook plans to go all in on the metaverse, a virtual reality space where users can interact with each other in a computer-generated environment, the tech giant has announced it will take on a new name: Meta...
Friday, March 11, 2022
Bitcoin cash machines ordered to shut down in UK
The Financial Conduct Authority warns that all crypto-ATMs in the UK are operating illegally.
from BBC News - Business https://ift.tt/cpLdB...
US to ban Russian diamond and vodka imports
US President Joe Biden also says there are plans to revoke Russia’s status as an equal trade partner.
from BBC News - Business https://ift.tt/WGPgr...
War in Ukraine: Instagram banned in Russia over 'calls to violence'
Instagram owner Meta has allowed users in some countries to call for violence against Russia's army.
from BBC News - Business https://ift.tt/HpmxF...
Amazon unveils job tool for military spouse employees
Amazon unveils job tool for military spouse employees
EXCLUSIVE: Amazon on Thursday launched a new tool that will allow its military spouse employees to keep their jobs after they move on military orders...
Petrol price hits new record above £1.60 a litre
As fuel prices reach fresh highs, one coach travel business says some services are becoming unviable.
from BBC News - Business https://ift.tt/Wxewa...
Heathrow passenger numbers remain nearly 50% down
The industry is slowly recovering from the impact of Covid, but warns more difficulties are to come.
from BBC News - Business https://ift.tt/PuDXA...
Thursday, March 10, 2022
The risk management experts now in high demand
Covid-19 and now Ukraine have seen firms rush to hire experts in planning for crisis.
from BBC News - Business https://ift.tt/oMGnK...
Rising fuel and food costs push US inflation to 7.9%
The cost of living in the US is rising more rapidly than it has in 40 years, latest figures show.
from BBC News - Business https://ift.tt/Ce091...
Russia hits back at Western sanctions with export ban
Russia will halt exports of cars, medical equipment and other goods until the end of 2022.
from BBC News - Business https://ift.tt/z1u93...
Uniqlo owner U-turns and suspends operations in Russia
The Japanese retailer says it will temporarily halt operations as the conflict in Ukraine worsens.
from BBC News - Business https://ift.tt/B9MGD...
Farmers warn Ukraine war will hit UK food prices
Farmers are calling for urgent government action to help them produce enough to feed the nation.
from BBC News - Business https://ift.tt/4u1Bh...
John Lewis restores bonus as department store sales surge
The retailer is bringing back staff rewards after being forced to scrap them last year amid losses.
from BBC News - Business https://ift.tt/pUw9V...
Wednesday, March 9, 2022
Use Russian money to rebuild Ukraine, says bank chief
In BBC interview Ukraine central bank boss proposes long list of extra financial sanctions on Russia
from BBC News - Business https://ift.tt/a18lm...
Huawei board members resign over silence on Ukraine
The two directors are unhappy about the the company's failure to quickly condemn Russia's invasion.
from BBC News - Business https://ift.tt/fhxIU...
Biden admin's COVID vaccine, testing 'action' will help get people back to work: US labor secretary
Biden admin's COVID vaccine, testing 'action' will help get people back to work: US labor secretary
Labor Secretary Marty Walsh argued on Friday that the “fear” of the coronavirus pandemic contributes to lackluster labor participation...
Oil prices plunge as UAE supports supply boost
The move could ease a supply crunch as the West and allies shun Russian oil.
from BBC News - Business https://ift.tt/Ztqob...
Will the US crack down on cryptocurrency?
The US is eyeing new rules for cryptocurrencies as concerns rise about the fast-growing industry.
from BBC News - Business https://ift.tt/f5C7S...
Jack Monroe says families need urgent help with rising bills
Price rises due to the Ukraine war will hit low income families hardest, Jack Monroe tells MPs.
from BBC News - Business https://ift.tt/Bd7ew...
Tuesday, March 8, 2022
Can tech help revive India's 'crumbling' health system?
Indian doctors hope big investment and smart tech will improve a fragmented healthcare sector.
from BBC News - Business https://ift.tt/Ea70x...
Greggs warns of further price increases
Higher raw material, energy and staff costs could trigger another round of rises, the bakery chain says.
from BBC News - Business https://ift.tt/Kyhvi...
Monday, March 7, 2022
War in Ukraine: World Bank approves $723m financial package
The package of financial support for Ukraine includes a $100m pledge from the UK.
from BBC News - Business https://ift.tt/NrLCg...
Government rescue of Bulb Energy set to cost taxpayers billions more
A buyer hasn't been found for the ailing supplier, so the the taxpayer will have to keep funding it.
from BBC News - Business https://ift.tt/bFZN1...
The sophisticated tech predicting if an advert will work
Ad-testing firms are using real-time software, webcams to find out if ads resonate with customers.
from BBC News - Business https://ift.tt/9BuhQ...
Kroger, like Walmart, hit by fake crypto press release
Kroger, like Walmart, hit by fake crypto press release
Kroger says it was hit with a fake press release falsely claiming the nationwide grocer would be accepting Bitcoin Cas...
McDonald's and Coca-Cola boycott calls grow over Russia
Food and drink giants have been criticised on social media for failing to speak out on Ukraine's invasion.
from BBC News - Business https://ift.tt/dhoFN...
Lord Barker resigns from Russian oligarch-linked firm EN+
The Conservative peer steps down from EN+, which is majority-owned by Oleg Deripaska.
from BBC News - Business https://ift.tt/an4Fd...
Sunday, March 6, 2022
Amid supply chain woes, over 80 House members tell Buttigieg to implement program for truck drivers under 21
Amid supply chain woes, over 80 House members tell Buttigieg to implement program for truck drivers under 21
Over 80 total bipartisan House members are telling Transportation Secretary Pete Buttigieg to allow truckers under 21 years old to cross state lines...
Facebook slammed for stifling 'wrong-think' on climate change
Facebook slammed for stifling 'wrong-think' on climate change
Facebook has gotten more aggressive in promoting claims about a climate change consensus, adding fact-check-style “information” notes to various posts. Climate experts have condemned the move, attacking the study on which the claim of “consensus” is based and faulting Facebook for becoming an Orwellian thought...
Google to pursue Pentagon cloud-computing contract
Google to pursue Pentagon cloud-computing contract
Google is pursuing a massive cloud-computing contract with the Department of Defense, nearly three years after abandoning a similar bid process in the face of employee protests...
Tennessee Gov. Bill Lee names two officials to oversee Ford 'Blue Oval City' development
Tennessee Gov. Bill Lee names two officials to oversee Ford 'Blue Oval City' development
Tennessee Gov. Bill Lee unveiled a pair of appointments to the Megasite Authority of West Tennessee, the newly created entity tasked with overseeing the development of Ford Motor Company’s planned mega-campus near Memphis...
Pelosi: Paid leave added back into Biden social spending bill
Pelosi: Paid leave added back into Biden social spending bill
House Speaker Nancy Pelosi informed Democratic lawmakers Wednesday that a paid leave provision will be added back into President Biden’s social spending bill, a decision that could draw the ire of moderate holdouts, including Sen. Joe Manchin, W-Va...
Shell defends 'difficult' decision to buy Russian crude oil
The oil giant confirmed it made a purchase of Russian crude oil on Friday but said it had "no alternative".
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Miami mayor to accept salary in bitcoin: 'We're not going to be enforcing it'
Miami mayor to accept salary in bitcoin: 'We're not going to be enforcing it'
Miami Mayor Francis Suarez explains what prompted him to want to accept his entire salary in bitcoin...
Visa and Mastercard suspend Russian operations
The payments giants are pulling out of the Russian market in protest at its invasion of Ukraine.
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News Corp profit surges on gains in real estate, book publishing, news media
News Corp profit surges on gains in real estate, book publishing, news media
...
Democrats' spending bill could give four weeks of paid leave to people without jobs
Democrats' spending bill could give four weeks of paid leave to people without jobs
The provision in question is buried deep in the bill sewn together by House Democrats as they desperately try to get legislation across the finish line after a GOP trouncing at the polls on Tuesday...
Saturday, March 5, 2022
Zara, Paypal and Samsung suspend business in Russia over Ukraine invasion
Inditex, which owns Zara and several other major brands, will close all of its 502 stores in Russia.
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Friday, March 4, 2022
Facebook hits out at Russia blocking its platforms
The Russian communications regulator said on Friday that Facebook has been blocked in the country.
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Microsoft stops selling products in Russia
The tech giant will no longer sell products and services there following the invasion of Ukraine.
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Ukraine finance minister calls for 'severe' sanctions
Serhiy Marchenko told the BBC that he had asked G7 leaders for more punitive sanctions to be introduced.
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Supermarkets remove Russian vodka from shelves
Sainsbury's also announces it will rename chicken Kiev as chicken Kyiv in support of Ukraine.
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US jobs growth stronger than expected
The economy added 678,000 jobs last month and the unemployment rate fell to 3.8%, official figures show.
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Price of first class stamps to rise to 95p
Royal Mail says letter deliveries are continuing to decline, but operating costs are going up.
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Thursday, March 3, 2022
The bosses helping staff pay their soaring energy bills
With the cost of electricity and gas set to rise further, some firms are giving workers a pay rise.
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Biden targets Russian elite with new sanctions
President Putin's spokesman is one of the latest Russians targeted in the new round of sanctions.
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Ukraine: UK sanctions oligarchs Alisher Usmanov and Igor Shuvalov
Billionaire Alisher Usmanov and Russian ex-Deputy Prime Minister Igor Shuvalov face UK sanctions.
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Bet365 boss Denise Coates gets £300m pay package - a £170m cut
Billionaire Denise Coates, founder of gambling firm Bet365, takes a £170m cut in pay and dividends.
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Ukraine giant tells world don't buy Russian oil
The boss of Ukraine's largest energy firm, Naftogaz, says Russian sanctions should be stronger.
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Ladbrokes owner Entain repays some furlough after outcry
An MP says it is "shameful" that Entain is not repaying all of the money, despite soaring profits.
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Russian oligarchs super yachts seized
The move comes amid a warning Russians are moving money out of the UK ahead of sanctions being imposed.
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Wednesday, March 2, 2022
Jerome Powell: US central bank boss says he plans to raise rates
The US central bank is under pressure to rein in inflation as prices in the US rise at the fastest rate in 40 years.
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Ukraine conflict: JCB announces pause in business with Russia
The UK firm, which acted after Ukraine's invasion, has an office and factory in the Moscow area.
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Ryanair boss: Air fares will be higher this summer
Soaring oil prices and Covid effects will push up air fares this summer, says Michael O'Leary.
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Oil and gas surge sparks fears over new bill rises
Oil and gas prices continue to march upward as Western nations clamp down on major producer Russia.
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House prices see record cash rise, says Nationwide
The building society says the cost of a typical UK home rose by a record £29,162 in the last year.
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UK ports 'working at pace' to block Russian ships
Russian ships are diverting, are at anchor, or are being packed up after UK bans them from docking.
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Tuesday, March 1, 2022
Shop prices rise at fastest rate in over ten years, says BRC
In February, shop prices rose at their fastest rate in over a decade according to one industry group.
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Apple to halt sales and limit services in Russia
Apple is the latest firm to stop selling products in Russia and will limit Apple Pay and other services.
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Ship carrying 4,000 luxury cars sinks off the Azores
A ship carrying thousands of luxury cars has sunk nearly two weeks after it caught fire.
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Russian oligarch Fridman warns sanctions will not stop war
But Mikhail Fridman avoids criticising President Putin as it could be risky for himself and staff.
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Sainsbury’s to close 200 cafes putting 2,000 jobs at risk
The retailer said about 2,000 members of staff would be affected by the cafe closures next month.
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Ukraine conflict: Shares fall as Russia warned it faces collapse
Europe's stock markets fall as France's finance minister says the West is waging economic and financial war.
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Ukraine invasion: Russians feel the pain of international sanctions
Russians are starting to feel the effect of sanctions aimed at punishing the country for invading Ukraine.
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Ukraine conflict: Jaguar Land Rover pauses car sales to Russia
The move comes as major companies cut links with Russia after its invasion of Ukraine.
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