The announcement comes as the firm is working to repair its reputation and financial woes.
from BBC News https://ift.tt/ipgW1...
Wednesday, July 31, 2024
Amazon responsible for product recalls, says US
US regulators have ruled that Amazon is responsible for handling recalls of products sold on its site.
from BBC News https://ift.tt/cbqUn...
Microsoft says cyber-attack triggered latest outage
The issues appeared to be mostly resolved by the evening, according to updates from the company.
from BBC News https://ift.tt/OHahQ...
Tuesday, July 30, 2024
Wrongly convicted postmasters get new compensation scheme
Hundreds will get payouts of at least £450,000 but could qualify for more.
from BBC News https://ift.tt/v49BD...
Bella Hadid shocked and upset over Adidas campaign
An advertising campaign was criticised for "unintentional" connections to the 1972 Munich Olympics.
from BBC News https://ift.tt/PtlC6...
Winter fuel payments scrapped for millions of pensioners
Rachel Reeves says there is a "black hole" in the public finances due to "unfunded" overspends by the previous government.
from BBC News https://ift.tt/c3PxL...
Delays in food hygiene inspections a 'serious public health issue'
One in five restaurants and takeaways not inspected for more than two years, investigation finds.
from BBC News https://ift.tt/iA4ez...
Monday, July 29, 2024
Cineworld to shut six branches as part of restructure
The cinema giant has announced six sites in the UK that it plans to close as part of a restructure.
from BBC News https://ift.tt/tx7cd...
Labour accuse Tories of 'cover up' over public services
Environment Secretary Steve Reed says the public finances inherited by Labour are "catastrophic".
from BBC News https://ift.tt/5Tn41...
Sunday, July 28, 2024
Drivers 'ripped off' by fuel prices, warns watchdog
The Competition and Markets Authority says poor competition cost British motorists £1.6bn last year.
from BBC News https://ift.tt/42GJ6...
John Lewis allowed to build homes for first time
The department store is pushing to build rental flats as it looks for new ways to bring in money.
from BBC News https://ift.tt/BI3xV...
What's behind the global self-storage boom?
Rising rents, e-commerce and available property are contributing to a boom in self-storage.
from BBC News https://ift.tt/nwL6W...
Saturday, July 27, 2024
Sainsbury's sorry for 'racist slur' trouser detail
Customers pointed out that the listing used a phrase deployed by racists to avoid language filters.
from BBC News https://ift.tt/Jc4UB...
Friday, July 26, 2024
UK secures seabed land deal to boost windfarms
GB Energy to partner with the Crown Estate to push forward offshore windfarm projects
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ChatGPT reveals search feature in Google challenge
OpenAI is working on adding new search powers to its artificial intelligence (AI) bot.
from BBC News https://ift.tt/ueMON...
Thursday, July 25, 2024
US economy picks up amid heated presidential campaign
Despite steady growth, the economy is a top concern for voters in the US presidential election.
from BBC News https://ift.tt/xcCyl...
Shares drop in US and Asia as AI stocks slide
Tech stocks lead declines as investors reconsider rally fuelled by artificial intelligence.
from BBC News https://ift.tt/0zEVj...
'I've lost £680 because of Carpetright collapse'
Some customers unable to get refunds as more than 200 shops shut.
from BBC News https://ift.tt/Oc5xw...
Wednesday, July 24, 2024
What makes an athletics track fast?
The makers of athletics tracks are tweaking their surfaces to make them faster.
from BBC News https://ift.tt/i7TYS...
CrowdStrike to improve testing after 'bug' caused outage
The cybersecurity company's mistake caused millions of PCs not to work on Friday.
from BBC News https://ift.tt/W0fpT...
Cyber-security firm rejects $23bn Google takeover
In an internal memo to staff, the firm's founder and chief executive said he was 'flattered'.
from BBC News https://ift.tt/gHvnQ...
Tuesday, July 23, 2024
CrowdStrike shares hit again as IT disruption continues
Shares in the cybersecurity firm drop a further 13% after last week's global IT outage.
from BBC News https://ift.tt/MbCqT...
Former chancellor Zahawi mulling bid for the Telegraph
The former Conservative chancellor is thought to be seeking financial backing to fund a bid.
from BBC News https://ift.tt/CgIvB...
Monday, July 22, 2024
Reeves hints at above-inflation public sector pay rise
The chancellor says not settling the matter quickly would incur other costs to the wider economy.
from BBC News https://ift.tt/m4b0q...
Why Nigerians are praying for the success of a new oil refinery
A vast new oil refinery in Nigeria is aiming to reduce the price of petrol in the country.
from BBC News https://ift.tt/zgxAw...
Sunday, July 21, 2024
What will future aerial dogfights look like?
AI with dogfighting ability is being developed by the UK and US air forces.
from BBC News https://ift.tt/apqKf...
Saturday, July 20, 2024
How a single IT update caused global havoc
Friday's IT outage is a poignant reminder of how reliant the world has become on devices managed remotely by huge firms.
from BBC News https://ift.tt/Xg4cj...
Friday, July 19, 2024
Bridgerton and Baby Reindeer drive Netflix sign-ups
Netflix added more than 8 million subscriptions in the quarter, nearly double analyst expectations.
from BBC News https://ift.tt/MOLaC...
'I'm owed £10,870 for liposuction': What went wrong at SK:N?
Customers tell the BBC they have no idea if they will be refunded for treatments they paid for in advance.
from BBC News https://ift.tt/It2cf...
Thursday, July 18, 2024
Pound hits highest level against dollar for a year
Pound highest against dollar in a year as investors bet on UK rates staying higher for longer.
from BBC News https://ift.tt/UoHNz...
Wednesday, July 17, 2024
China tycoon Guo convicted in US over $1bn scam
Prosecutors said cash raised from businessman's online followers was used to fund his lavish lifestyle.
from BBC News https://ift.tt/5nTpz...
Interest rates could stay higher for longer, warns IMF
Inflation is proving persistent in some countries, the fund says, making it trickier for rates to be cut.
from BBC News https://ift.tt/cekNl...
Tuesday, July 16, 2024
She's made her opening gambit. What's the chancellor's long game?
Once a junior chess champion, now Rachel Reeves runs the UK economy. Faisal Islam looks at her strategy.
from BBC News https://ift.tt/toWiV...
Monday, July 15, 2024
Is Brazil's Brics-building worth it?
The Brazilian president sees the Brics as a way to remake the world - but it is dominated by China.
from BBC News https://ift.tt/nWkpu...
Unilever to slash a third of European workforce
The biggest job cuts at the company for decades are part of an effort to revive growth.
from BBC News https://ift.tt/he0CY...
‘We won’t run out of beer’: Pubs prep for Euro final
A surge in beer, burger, and pizza sales is expected ahead of England's match with Spain on Sunday.
from BBC News https://ift.tt/KU6ZY...
EU says X’s blue tick accounts deceive users
The EU says the way the social media site designs and operates blue tick accounts "deceives" users.
from BBC News https://ift.tt/4GDFh...
Sunday, July 14, 2024
Why both businesses and scammers love India's payment system
Fast and free, India's UPI payments system has been a big success, but has attracted scammers.
from BBC News https://ift.tt/eFSAH...
Dover port warns of up to two-hour waits at peak times
New EU border checks and travel for the Olympics will increase congestion at the UK's busiest port.
from BBC News https://ift.tt/nZOw8...
Friday, July 12, 2024
Row over rise in water bills as firms say it's not enough
Water firms have hit out at bill rises of £94 over the next five years after wanting bigger hikes.
from BBC News https://ift.tt/Z3h1U...
Water bills: How much will I have to pay?
The regulator sets price limits for England and Wales, but water bills vary across the country.
from BBC News https://ift.tt/Y4GEa...
Thursday, July 11, 2024
Thousands could make claims after BA flight delay ruling
The ruling against British Airways has the potential to affect thousands of airline claims every year.
from BBC News https://ift.tt/WqusB...
Archegos founder Bill Hwang convicted of fraud
The collapse of Archegos Capital Management caused billions of dollars in losses for several big banks.
from BBC News https://ift.tt/4Vw3n...
Wednesday, July 10, 2024
How are the non-dom rules changing?
The non-domicile rules let some UK residents limit the tax paid on earnings outside the country.
from BBC News https://ift.tt/ORN9K...
Energy boss backs lower bills for those near wind farms
Greg Jackson from Octopus says people living near wind farms should pay less for electricity.
from BBC News https://ift.tt/GOQ7w...
Tuesday, July 9, 2024
What's the right punishment for 'too big to fail' Boeing?
Boeing is one of the largest and most important companies in the US but is it too big to be held to account?
from BBC News https://ift.tt/9GZ7R...
Boeing to plead guilty to fraud charge over 737 Max crashes
Families of the people who died on the flights five years ago have criticised it as a "sweetheart deal".
from BBC News https://ift.tt/OJUfo...
Monday, July 8, 2024
UK Amazon staff in protests over union recognition
The action coincides with a ballot to "force Amazon to recognise a union for the first time", GMB says.
from BBC News https://ift.tt/oeFuw...
'I had to downgrade my life' - US workers in debt to buy groceries
Americans are taking loans to afford basic necessities - as groceries prices have surged by 25%.
from BBC News https://ift.tt/K60eu...
Sunday, July 7, 2024
Could the 'flying piano' help transform air cargo?
A Texas start-up is developing cargo gliders that would be towed behind a jet.
from BBC News https://ift.tt/UfryB...
US jobs growth in June beats expectations
US markets remain optimistic the Fed could start cutting rates later this year.
from BBC News https://ift.tt/v7Dqc...
Amazon at 30: What next for 'The Everything Company'?
Can Amazon sustain its rapid growth since 1994 - or will rivals or regulators cut it down to size?
from BBC News https://ift.tt/rjpER...
Friday, July 5, 2024
EU hits Chinese electric cars with new tariffs
The move poses a challenge to Beijing, which hopes EVs will help revive the country's flagging economy.
from BBC News https://ift.tt/sFoqa...
Thursday, July 4, 2024
Etsy sex toy ban sparks seller outrage
The platform says it's because of "evolving" industry standards but sellers say they feel "betrayed."
from BBC News https://ift.tt/IB6Ly...
Bird flu hits McDonald's Australia breakfast hours
The fast food giant is serving its full breakfast menu in the country until 10:30am, instead of midday.
from BBC News https://ift.tt/RMC41...
Over 20,000 Tesco staff to split £30m from share schemes
The supermarket says most staff in line to receive a share of the windfall work on the shop floor.
from BBC News https://ift.tt/Yo39S...
Wednesday, July 3, 2024
'Floodgates open' for legal action against water firms
Owners of adjacent waterways or even members of the public could now bring action over illegal sewage spills.
from BBC News https://ift.tt/U6ecw...
Fox set to launch free Netflix rival in UK
Tubi will offer more than 20,000 films and TV series, including Hollywood titles and British content.
from BBC News https://ift.tt/KYcNE...
Almost 1.8m people owe £50,000 or more in student debt
More than 61,000 people have balances of £100,000 or more and 50 owe upwards of £200,000, BBC finds.
from BBC News https://ift.tt/tTJ78...
Tuesday, July 2, 2024
The fastest data in the world
Researchers are seeing how fast data can be delivered amid rising demand for bandwidth.
from BBC News https://ift.tt/C5XKh...
High mortgage rates pricing out buyers, says Nationwide
The building society's comments come as it says house prices rose by 0.2% in June.
from BBC News https://ift.tt/SecKj...
Monday, July 1, 2024
Will Biden's green jobs policy help him win votes?
The US president has invested heavily in helping to create renewable energy jobs across the country.
from BBC News https://ift.tt/wf2gn...
Tata offers to meet unions if strike is called off
The firm is believed to have offered unions the chance to discuss future investment in Port Talbot.
from BBC News https://ift.tt/rRTvE...
