Latest in Industry Crisis Banks
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Britain's car finance industry is in crisis – with banks bracing for billions in payouts
The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).Business - CNBC - 15 hours ago -
The water industry is in crisis. Can it be fixed?
Simon Jack asks what reform of the troubled sector could mean for customers and their bills.Top stories - BBC News - October 25 -
‘It’s desperation’: Ireland’s restaurant industry facing crisis with daily closures
Rise in VAT, inflation and people working from home has led small business owners to demand government support. Blazing Salads, Dillingers, Assassination Custard and Brasserie Sixty Six in Dublin, ...World - The Guardian - October 20 -
Top US regulator warns of potential crisis if final bank guardrails fall away
Finance industry steps up effort to further undermine Basel III endgame after winning major concessions on termsBusiness - Financial Times - October 25 -
Israeli minister says ‘certain progress’ on Lebanon ceasefire talks but Hezbollah says it has not been involved – Middle East crisis live
New foreign minister says diplomatic efforts are taking place through US mediation but Hezbollah says it has not seen any proposal. Lebanon ’s National News Agency reports Israeli planes carried ...World - The Guardian - 3 days ago -
The crisis in Venezuela
In recent years, a quarter of Venezuela's population has fled the country's economic devastation and political repression. Nicolás Maduro's claim of victory in July's election, despite evidence he ...Top stories - CBS News - November 3 -
Carbon removal industry calls on U.S. government for regulation in new industry report
The nascent industry for removing carbon dioxide directly from the air is calling on the U.S. government to adopt standards and regulations to boost confidence in the businessTech - ABC News - October 23 -
Is China cannibalising the EU car industry?
Troubles at VW point to growing doubts about future of Europe-wide sector as imports of cheap EVs rise. For decades Germany has enjoyed a reputation as Europe’s car capital, with slogans such as ...World - The Guardian - October 20 -
The race to shape UK industrial strategy
Business leaders and regional mayors try to influence government’s flagship economic growth policyWorld - Financial Times - Yesterday -
A Skeleton Bank of Understudied Species
With a new database of medical images, zoo and wildlife vets can finally see what healthy uncommon animals, from rhinos and tamarins to pangolins and sea stars, should look like on the inside.World - The New York Times - October 26 -
The Medicare ‘crisis’ that isn’t
Beaten to death? Could’ve fooled me.Business - MarketWatch - October 19 -
Unpacking Mark Zuckerberg’s Midlife Crisis
Is Mark Zuckerberg’s style transformation just a matter of a change in personal taste? Or is the infamous tech mogul trying to tell us something about Meta?Tech - Wired - October 31 -
Germany’s deepening political crisis
Chancellor Scholz’s three-party coalition government has fallen apartTop stories - BBC News - Yesterday -
'Sorry' water boss has plan to end sewage spillages
Water UK chief apologises for the industry's performance as the sector faces a "root and branch" review.Top stories - BBC News - October 23 -
How gen AI is revolutionizing the fitness industry
CONTRIBUTOR CONTENT: Since the introduction of generative AI, many industries have undergone significant transformations. Recently, the new amp fitness machine was launched, showcasing how gen ...Tech - VentureBeat - October 23 -
China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - Financial Times - October 27 -
The Music Industry Is Hoping Halloween Can Be the New Christmas
Eyeing the big business of holiday music, a few of pop’s major players are trying to expand the market for Halloween hits.Top stories - The New York Times - October 28 -
Sean Combs Is a Chance to Remake the Music Industry
Music hasn’t had its #MeToo moment. But a transformation in how the industry works means toxic gatekeepers no longer wield the power they once did.Top stories - The New York Times - October 31 -
How a San Francisco Vineyard Is Changing the Wine Industry
With eight rows of vines in San Francisco and a vision of inclusivity, Christopher Renfro and Project Two Eighty are training the next generation of winemakers.Top stories - The New York Times - November 1 -
No, tariffs did not make American industry great
New research suggests that America’s manufacturing rise came despite high tariffs, not because of them.Business - MarketWatch - November 5 -
The Crypto Industry’s Spending on the Election Pays Off
The spending spree fueled a string of victories on Tuesday for congressional candidates who had expressed support for cryptocurrencies.Business - The New York Times - 6 days ago -
The Watch Industry’s Role in Your Speeding Ticket
It was the development of the chronograph, essentially a stopwatch, that laid the groundwork for automobile speed limits.Lifestyle - The New York Times - November 7 -
Trump’s Win Shows Limits of Biden’s Industrial Policy
Long-term economic investments in domestic manufacturing were overshadowed by real-time anxiety over rent and grocery prices.Business - The New York Times - 6 days ago -
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Trump’s Win a Worry for an Already Struggling Wind Industry
Faced with rising costs and thin margins, wind energy developers have lately been reducing their ambitions.Business - The New York Times - 2 days ago -
Is the Watch Industry Downplaying Its Sustainability Effort?
Some observers say that, as the deadline for European Union reporting nears, brands have lowered the volume on their environmental communications.Lifestyle - The New York Times - 2 days ago -
Trump win invigorates fossil fuel industry
Presented by American Chemistry Council — In the wake of Trump's victory, the industry is hopeful he’ll deliver on his promises and roll back regulations put in place by the Biden administration. ...Politics - The Hill - 2 days ago -
Britain desperately needs a proper industrial strategy
Collaboration between business and government is central to achieving that goalWorld - Financial Times - 14 hours ago -
Why Industry 5.0 Is Changing the Future of Leadership
In the era of Industry 5.0, leaders must balance ethics, sustainability, and purpose to thrive.Business - Inc. - 7 hours ago -
'Amazing showcase' for UK gaming industry cancelled
The organisers blamed "increasing costs and less demand" as the sector continues to struggle.Top stories - BBC News - 1 hour ago -
Deutsche Bank's Investment Bank Performance, Provision Releases Lift Profit
Deutsche Bank reported a better-than-expected rise in its third-quarter profit on growth in its investment-banking division and the partial release of provisions linked to litigation over its ...Business - The Wall Street Journal - October 23 -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
UK banks deserve a place in the sun
Third-quarter results underscore their low sensitivity to interest ratesWorld - Financial Times - October 29 -
The West Bank Is on the Edge of Economic Collapse
After over a year of war, the economy in the occupied West Bank is being choked off by restrictions on Palestinians’ movements in the territory, the cancellation of work permits in Israel and ...World - The Wall Street Journal - November 5 -
Harris phone banks on Election Day
Vice President Kamala Harris spent Election Day phone banking and thanking her staff at Democratic headquarters in Washington D.C. Nancy Cordes reports.Top stories - CBS News - November 5 -
What's behind America's misinformation crisis
The Federal Emergency Management Agency pushed back on false claims that it pulled out of areas in North Carolina affected by Hurricane Helene after facing threats. The Atlantic writer Charlie ...Top stories - CBS News - October 16 -
The root of the crisis in special needs education
Since legislative changes in 2014, governments have failed to adapt this area of public policy as autism diagnoses increaseWorld - Financial Times - October 22