Latest in Firms to raise prices due to tax and wage increases
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Bottom Line: Palantir taps Trump-tied firm as it chases government contracts
Defense Palantir Technologies has hired Miller Strategies to lobby on issues related to defense policy and appropriations. The U.S. government has awarded Palantir nearly $2.5 billion in contracts ...The Hill - 1h -
Redick says family evacuated due to L.A. wildfires
Lakers coach JJ Redick called attention to the wildfires in the Pacific Palisades, saying his family was among those forced to evacuate.ESPN - 1h -
Screen Actors Guild Awards cancel live nominations announcement due to wildfires
The Screen Actors Guild Awards nominations have canceled an in-person announcement planned for Wednesday morning due to devastating wildfires and winds in the Los Angeles areaABC News - 4h -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - 16h -
Shein lawyer refuses to tell MPs if fashion firm uses Chinese cotton
Yinan Zhu declined to say whether it retailer's suppliers used Chinese cotton amid concerns over forced labour.BBC News - 18h -
Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill
Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...The Hill - 18h -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - 20h -
Jeans brand True Religion acquired by PE firm, American Eagle-linked investment firm
True Religion, the Y2K-era jeans brand in the midst of a comeback, has been acquired by private equity firm ACON Investments and its partner SB360 Capital.CNBC - 20h -
Next blames clothes price rises on wage increases set out in Budget
The retailer expects employee costs to increase by £73m due in part to rising National InsuranceBBC News - 1d -
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Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - 1d -
Where fire danger is heightened due to dry weather
Parts of Southern California will be threatened with increased fire danger again in the coming days.ABC News - 1d -
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Biden signs bill to increase Social Security benefits for millions of public workers
The Social Security Fairness Act repeals two provisions that reduced Social Security benefits for some public workers who also receive pensions.CNBC - 1d -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - 2d -
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds
Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.CNBC - 2d -
The Gen Z problem for audit firms
The profession is finding it harder to attract and retain staff — a key factor in the quality of inspectionsFinancial Times - 2d -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - 2d -
Congestion pricing is a New York idea.
A Columbia University economist, William Vickrey, proposed charging varying tolls for roads and subways in the 1950s.The New York Times - 2d -
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I’ve been waging war on my phone addiction | Rhik Samadder
My progress has been painfully slow, but at last I think I’m winning. A few years ago I found myself in the toilet without my phone and experienced a surge of actual panic. How was I supposed to ...The Guardian - 3d -
US set for IPO comeback as private equity firms seek to offload holdings
Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings reboundFinancial Times - 3d -
Chiefs flight to Denver delayed due to icy conditions in Kansas City
Mother Nature is making it a bit harder for the Chiefs to get to Denver ahead of Sunday's game.Yahoo Sports - 3d -
N.Y.C. Congestion Pricing Begins on Sunday
After twists and turns, a contentious plan meant to reduce traffic and pay for transit improvements is scheduled to take effect at midnight Sunday.The New York Times - 3d -
How increased Israeli military activity is changing the Middle East
The Biden administration notified Congress of a proposed $8 billion arms sale to Israel as the U.S. government maintains its strong support for its ally in the Middle East. While the Israeli ...CBS News - 3d -
Isak extends Newcastle hot streak to increase heat on Postecoglou’s Spurs
Ange Postecoglou stood, as he always does, hands in pockets, at the edge of his technical area. It had been another frustrating afternoon, a defeat that means Spurs have now won just one of their ...The Guardian - 3d -
Jimmy Butler suspension: NBPA will file grievance to recoup more than $2M in wages over next seven games
Things are getting extremely contentious in MiamiCBS Sports - 4d -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - 4d -
Chinese cyber firm linked to botnet attack sanctioned in US
The federal government hit Chinese cyber group Integrity Technology Group with new sanctions on Friday, citing alleged computer intrusion incidents against those in the U.S. At the direction of the ...The Hill - 4d -
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Pokemon Go Community Day Ticket Prices Increased For January Event
Each month, Pokemon Go players take part in the mobile game's Community Day: A recurring monthly event in which one Pokemon takes center stage and becomes available to catch in its Shiny form. ...GameSpot - 4d -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - 4d -
French Quarter fully reopens to the public with increased security days after attack
The younger brother of the driver in the New Year’s Day terrorist attack on Bourbon Street said he’s shocked by his brother’s actions and there were no red flags beforehand.NBC News - 4d -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - 5d -
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New Orleans raises specter of persistent ISIS threat
The suspect in the attack in New Orleans had an ISIS flag in his truck. The case underscores the threat still posed by ISIS.NBC News - 6d -
Green-Energy Firms' Pitch to Trump: You're Going to Need a Lot of Power
Instead of touting projects as “clean and affordable,” renewables firms are highlighting their projects’ ability to meet energy needs.The Wall Street Journal - Jan. 1 -
Energy prices rise with warnings of more pain to come
The new year starts with a 1% increase in domestic gas and electricity prices under Ofgem's price cap.BBC News - Jan. 1