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Last orders? Soaring costs and declining demand take toll on Japan’s legendary izakaya
Ramen restaurants also struggling as Japan’s culinary landscape faces economic challenges and changing customer behaviour. In the bowels of a commercial building in Tokyo’s Shinbashi neighbourhood ...The Guardian - Jan. 18 -
Swissquote Expects Results To Beat Views on Crypto Demand
The online bank said its results for 2024 should exceed market expectations as it was boosted by cryptocurrency trading.The Wall Street Journal - Jan. 17 -
Chris Mason: Grooming gangs review a clear nod to demands for new national inquiry
The BBC's political editor examines the government's announcement on grooming gangs.BBC News - Jan. 17 -
Bessent's big day
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's Treasury nominee takes center stage Scott Bessent, President-elect ...The Hill - Jan. 16 -
Trump nominees Burgum, Bessent and other picks sit for Senate confirmation hearings
President-elect Donald Trump's picks for the Treasury, Housing and Urban Development and Interior departments, along with the Environmental Protection Agency, went before lawmakers on Thursday. ...CBS News - Jan. 16 -
Trump Treasury Pick Scott Bessent Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.The New York Times - Jan. 16 -
Bessent calls for stronger Russia sanctions at treasury confirmation hearing
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.CBS News - Jan. 16 -
Kick it Out demands clarity from Fifa over action on Enzo Fernández video
Video from July 2024 shows Argentina players chanting Kick it Out chief writes to Gianni Infantino and Conmebol Kick It Out has demanded clarity from the Fifa president, Gianni Infantino, over ...The Guardian - Jan. 16 -
Scott Bessent believes federal minimum wage should not be increased
Scott Bessent, President-elect Trump's pick to serve as treasury secretary, told Sen. Bernie Sanders, I-Vt., that the minimum wage is "more of a statewide" issue and that he believes there should ...NBC News - Jan. 16 -
Bessent says US should increase sanctions on Russian oil companies
Trump Treasury pick tells Senate panel he wants to ratchet up pressure on Putin regimeFinancial Times - Jan. 16 -
Bessent open to increasing sanctions on Russia
Treasury Secretary-nominee Scott Bessent told senators Thursday that he would be “100 percent on board” with increasing sanctions on Russia’s major oil companies if President-elect Trump supports ...The Hill - Jan. 16 -
Watch live: Treasury hopeful Scott Bessent testifies at Senate confirmation hearing
Billionaire investor Scott Bessent, President-Trump's pick to head the Treasury Department, will testify before the Senate Finance Committee on Thursday morning. During the confirmation hearing, ...The Hill - Jan. 16 -
Bessent to tell senators Trump will usher in 'economic golden age'
Scott Bessent, President-elect Trump’s pick to lead the Treasury, plans to tell senators during his confirmation hearing that the next four years will present an opportunity for an “economic golden ...The Hill - Jan. 16 -
What Scott Bessent, Trump’s Treasury Pick, Might Get Asked Today
Scott Bessent, a billionaire hedge fund manager, will likely face tough questions on tax cuts and tariffs — and how bond markets might check his economic agenda.The New York Times - Jan. 16 -
Bessent, Burgum headline Thursday's confirmation hearings
Confirmation hearings for President-elect Trump’s Cabinet picks are in full swing again Thursday as the Senate works to screen his controversial nominees. Committees will hear from the contenders ...The Hill - Jan. 16 -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - Jan. 16 -
Senate Democrats circulating memo alleging Bessent tax dodges
The memo called out millions of dollars in losses Treasury Secretary nominee Scott Bessent claimed related to his investment in a conservative publishing house, among other issues.Politico - Jan. 15 -
Oil prices end higher as traders weigh demand prospects, supply risks
Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part by wider U.S. sanctions on Russia as well as cold weather in much of the ...MarketWatch - Jan. 15 -
Why Zane Lowe and Apple Music are betting on live radio in an on-demand era
The streaming platform just introduced three new radio stations at a moment when its competitors are relying on playlists and AI. Says Zane Lowe: 'Music doesn't get event-ized enough.'Los Angeles Times - Jan. 15 -
Relative of Jack the Ripper victim demands new inquest
The true identity of Jack the Ripper, whose grisly murders terrorized east London in 1888, has been a mystery ever since.CBS News - Jan. 13 -
‘Will Pay Any Amount’: Private Firefighters Are in Demand in L.A.
Hiring a private fire crew costs thousands of dollars a day, and most work through government contracts or with insurance companies. Some wealthy property owners are calling them in directly.The New York Times - Jan. 13 -
Lululemon’s stock jumps as strong holiday sales show demand is improving
Lululemon’s stock rallies toward a 10-month high after guidance for profit, revenue and gross margin were raised.MarketWatch - Jan. 13 -
Chelsea demand £20m-plus for Renato Veiga as Dortmund target loan deal
German club keen on loan with option to buy Veiga joined Chelsea for £12m last summer Chelsea are asking for more than £20m to sell Renato Veiga, who is wanted by Borussia Dortmund on loan with ...The Guardian - Jan. 13 -
Bessent to divest from assets on road to leading Treasury
President-elect Trump’s Treasury Secretary pick Scott Bessent has plans to divest from funds and other investments as he prepares to take over as the country’s top economic official. In an ...The Hill - Jan. 13 -
Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts
Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.The New York Times - Jan. 11 -
Delta Air is betting on a strong 2025 driven by demand for premium travel
Delta Air Lines Inc.’s stock jumped 3.4% in premarket trade Friday, after the carrier beat fourth-quarter profit and revenue estimates and forecast a strong 2025 driven by demand for premium travel.MarketWatch - Jan. 10 -
'High demand' for City of Culture opening ceremony
'High demand' reported for open-air performance in Bradford city centre on Friday.BBC News - Jan. 10 -
Rebels issue demand for RFU chief Sweeney sacking
The crisis at the top of English rugby erupts as rebels call for a final confrontation over Rugby Football Union's embattled chief executive Bill SweeneyBBC News - Jan. 9 -
Smith dumps Diageo stake over impact of weight-loss drugs on alcohol demand
Veteran stockpicker sells shares in spirits brand because drinks sector is being ‘impacted negatively’Financial Times - Jan. 9 -
U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged
After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.The New York Times - Jan. 9 -
Israel's Defense Industry Booms on Foreign Demand and War at Home
Despite arms embargoes over its handling of the war in Gaza, Israel’s top three defense companies are on pace to sell more weapons than ever.The Wall Street Journal - Jan. 9 -
Fire hydrants ran dry due extreme demand in Pacific Palisades, officials say
Three large water tanks in the Pacific Palisades area ran out by early Wednesday morning, officials said, reducing water pressure for fire hydrants at higher elevations.CBS News - Jan. 8 -
UnitedHealth shareholders demand review of policies that 'delayed or denied' health care access
Shareholders of UnitedHealth Group (UHG) are calling on the company's board of directors to release a report on how its policy of limiting or delaying access to health care may be impacting the ...The Hill - Jan. 8 -
Panama Canal CEO Says Meeting Trump's Demands 'Will Lead to Chaos'
The canal executive said China doesn’t control route and U.S. ships can’t get better rates than others.The Wall Street Journal - Jan. 8 -
The loyalty both Biden and Trump demand is costing America dearly
Pardoning those he called “patriots” and “political prisoners” would send a message — that loyalty to Trump comes with benefits.The Hill - Jan. 8 -
British luxury carmaker Rolls-Royce says super rich fueling a demand boom for bespoke models
BMW-owned Rolls Royce Motor Cars, like other luxury car brands, has seen an uptick in demand for bespoke and complex car models in recent months.CNBC - Jan. 8 -
Mortgage rates hit highest level since July, crushing application demand
Total mortgage application volume dropped 3.7% compared with the previous week.CNBC - Jan. 8
