Latest in UK businesses cut jobs at fastest pace since 2009 bar the pandemic
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Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.CNBC - Jan. 10 -
NHL Power Rankings: Knights take command, plus each team's points pace vs. expectation
Another jumble atop the list gives us a new No. 1. Plus, a breakdown of how each team has performed vs. its preseason over/under from ESPN BET.ESPN - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Whitehall braced for spending cuts after UK hit by bond market turmoil
Rising gilt yields mean government departments may face further squeezeFinancial Times - Jan. 10 -
UK businesses back scheme to prevent repeat offending
Prisons minister James Timpson’s initiative will see people on probation and serving sentences outside jail helped into workFinancial Times - Jan. 10 -
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.NBC News - Jan. 9 -
Are 1-gram or 1-ounce gold bars better to invest in now?
Both 1-gram and 1-ounce gold bars can be a smart investment, but one may be the better option in today's market.CBS News - Jan. 9 -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - Jan. 9 -
Vonn 10th fastest in practice for her first World Cup downhill in 6 years
Ski great Lindsey Vonn has been 10th fastest in a training run in Austria for her first World Cup downhill race in six yearsABC News - Jan. 9 -
Lindsey Vonn 10th fastest in practice for first World Cup downhill in six years
American is attempting comeback at age of 40 Vonn has won 43 World Cup downhills in long career Lindsey Vonn was 10th fastest in a training run on Thursday for her first World Cup downhill in ...The Guardian - Jan. 9 -
Winter pressure bad as height of pandemic, NHS says
More than 5,400 patients a day are in hospital with flu, as delays in A&E and for ambulances mount.BBC News - Jan. 9 -
Microsoft confirms performance-based job cuts across departments
Microsoft said it's cutting a small percentage of jobs across departments, based on performance.CNBC - Jan. 9 -
Listed UK water utility dividends exceed private peers’ payouts for first time since Thatcher
First-time publicly traded companies pay out more than privately held rivals since privatisationFinancial Times - Jan. 9 -
Civil servant long-term sickness hits post-pandemic high in UK
Ministry of Justice was department with highest average length of absenceFinancial Times - Jan. 9 -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Used vehicle prices are expected to continue to stabilize in 2025 after swinging wildly for several years before starting to calm down in 2024.NBC News - Jan. 8 -
Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premisesFinancial Times - Jan. 8 -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Cox Automotive expects wholesale prices on its Manheim Used Vehicle Value Index will end this year 1.4% higher than in December 2024.CNBC - Jan. 8 -
UK 10-year borrowing costs hit highest level since 2008
Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rulesFinancial Times - Jan. 8 -
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live
Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...The Guardian - Jan. 8 -
Business Leaders Are Zeroing in on Culture in 2025
In a recent Inc. poll, leaders chimed in about their workplace priorities for the year – and company culture is taking the cake.Inc. - Jan. 8 -
Lost hiker survived 13 days on muesli bars and berries
Hadi Nazari, who went missing in the New South Wales mountains in Australia, was found in good health.BBC News - Jan. 8 -
Quits sink to lowest level since the height of the pandemic
The number of people quitting their jobs fell in November to the lowest level since the height of the pandemic as the number of job openings popped to its highest level since May — both signs of a ...The Hill - Jan. 7 -
UK long-term borrowing costs hit highest level since 1998
Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rulesFinancial Times - Jan. 7 -
CFPB finalizes rule barring medical debt from credit reports
The Consumer Financial Protection Bureau (CFPB) on Tuesday finalized its rule barring medical debt from being included on credit reports, potentially freeing up billions in credit. The finalized ...The Hill - Jan. 7 -
UK high-speed rail line told to cut charges
Regulator rules fees should come down by 3.8% compared with HS1’s proposalFinancial Times - Jan. 6 -
Gunmen open fire on bar customers, killing 7 and wounding 5
Gunmen burst into the bar La Casita Azul and opened fire at customers, leaving bloodied bodies strewn on the floor according to local media.CBS News - Jan. 6 -
China’s economy still hasn’t fully emerged from the pandemic as a new year dawns
Weak consumer demand is just one of a range of factors plaguing the economy as the calendar turns from 2024 to 2025, even after policy makers meted out stimulus measures throughout the past year.MarketWatch - Jan. 6 -
‘I was stunned’: man claims Florence karaoke bar banned Neapolitan song
Enraged customer’s video triggers social media debate over linguistic and cultural discrimination in Italy. A debate over linguistic and cultural discrimination has erupted in Italy after a man was ...The Guardian - Jan. 6 -
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 - Jan. 6 -
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 - Jan. 5 -
Europe is not a business backwater
Comparisons with the US stock market undersell the continent’s companies and their potentialFinancial Times - Jan. 5 -
UK weather: power cuts, traffic chaos and cancelled flights due to heavy snow
Closed roads, multi-vehicle collisions and train problems reported as Met Office warnings remain in place. Live UK weather updates Homes were left without power, roads were closed, cars ...The Guardian - Jan. 4 -
Saturday Sessions: Franz Ferdinand performs "Bar Lonely"
The band Franz Ferdinand formed in Glasgow, Scotland in 2002, then released their self-titled debut album two years later. Their fame skyrocketed, and in the past 20 years, they've released five ...CBS News - Jan. 4 -
Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial Times - Jan. 4 -
Breast cancer rates rising fastest in younger women, study finds
New research reveals breast cancer rates are increasing faster among younger women than any other group. Elaine Quijano reports on the findings.CBS News - Jan. 3 -
UK businesses issued with record fines for filing accounts late
Companies continue to struggle with rising costs and higher interest rates in the aftermath of the pandemicFinancial Times - Jan. 3 -
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Undersea sabotage response is a dangerous business
Holding shady sailors to account would be a lot less perilous than risking war with a powerful nationFinancial Times - Jan. 2 -
Are we ready for another pandemic?
After Covid-19, world leaders agreed to work together to strengthen global health systems, but negotiations on a new agreement have stalled. Five years ago, the world was hearing the first reports ...The Guardian - Jan. 2 -