John Lewis considers plan to change staff-owned structure

John Lewis considers historic change to staff ownership structure

Sale of minority stake after 73 years as partnership would enable struggling retailer to invest
Mar. 19, 2023 - UK homepage - Business

John Lewis axes staff bonus and plans to cut jobs

The department store operator and Waitrose owner reports losses in "a very tough year".
Mar. 16, 2023 - BBC News - Home - Top stories

John Lewis scraps staff bonus and warns of job cuts after annual loss

UK retail group struggles with inflation and falling sales
Mar. 16, 2023 - UK homepage - Business

John Lewis considering end to 100% employee ownership – reports

Plans to raise money in new investment said to be behind reported move, after the company said it would have to cut staffThe John Lewis retail group, which is 100% owned by its staff, is considering diluting its partnership structure, according to ...
Mar. 18, 2023 - The Guardian - World

John Lewis partnership model will ‘survive for decades to come’

Retailer’s unusual structure not under threat, despite reports of plan to sell a minority stake, says chair Sharon White
19 hours ago - UK homepage - Business

John Lewis may find that cuddly co-investors don’t exist | Nils Pratley

Sharon White, chair of the partnership, is fishing in an extremely small pool if investors must be like-mindedWould the world fall apart if the John Lewis Partnership were not 100% owned by its staff? Would the shoppers revolt if an outside ...
Mar. 22, 2023 - The Guardian - World

John Lewis appoints first chief executive in bid to stop financial slide

Former Hovis boss Nish Kankiwala takes on newly created role as partnership struggles with rising costs and losses
Mar. 15, 2023 - UK homepage - Business

Moscow fumes as Ukraine considers changing Russia's official name

Russian officials railed against Ukraine's talk of changing Russia's official name to Muscovy, after a Ukrainian petition regarding a potential name change garnered 25,000 signatures. Ukrainian President Volodymyr Zelensky reportedly instructed ...
Mar. 12, 2023 - Just In News | The Hill - Politics - Ukraine

Nevada considers plan to restrict water use for Las Vegas residents

The bill would allow water managers to shut off water use for single-family residences in Las Vegas using more than half an acre-foot of water per year.
Mar. 15, 2023 - US Top News and Analysis - Business

San Francisco to consider Black reparations plan, including $5 million per person

The San Francisco Board of Supervisors will vote Tuesday on a Black reparations proposal for the city.
Mar. 14, 2023 - Home - CBSNews.com - Top stories

Wall Street Journal: Elon Musk is planning to build his own town

What do you get for the billionaire who has everything? Perhaps his own town.
Mar. 9, 2023 - CNN.com - RSS Channel - HP Hero - Top stories - Elon musk

Elon Musk Is Planning a Texas Utopia---His Own Town

The entrepreneur is laying plans for a new community outside Austin next to Boring and SpaceX facilities, dubbed Snailbrook. Entities tied to Mr. Musk’s companies or executives have purchased at least 3,500 acres.
Mar. 9, 2023 - WSJ.com: US Business - Business - Elon musk

Employee ownership is the heart and soul of John Lewis – losing that would destroy it | Gemma Goldfingle

Yes, its customers could buy cheaper beans or bras elsewhere. But there’s an inherent trust tied up in its ownership structure which is now under threatThe John Lewis Partnership (JLP) has long been held up as an example of how business should be ...
Mar. 20, 2023 - The Guardian - World

‘I’m here to change the country’: Albanese launches an uncompromising Indigenous voice plan

Attempting to appease conservatives was pointless and risked failure, the referendum working group told the PM. It appears he listenedFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or ...
12 hours ago - The Guardian - World

UK PM's office: We're ready to reassure DUP, but no plans to change new Brexit deal

Mar. 20, 2023 - Yahoo News - Latest News & Headlines - World - United kingdom

Zeitz Mocaa boss Koyo Kouoh: ‘We are building our own voice, our own language’

The executive director discusses her drive to democratise museum-going in South Africa
Mar. 9, 2023 - World - World

The story behind F1 driver Lewis Hamilton's striking new look

Lewis Hamilton is putting a new spin on the term "fast fashion." In recent years, the world champion Formula One driver has slowly but surely steered into the world of high fashion — using the racetrack, and accompanying appearances, as his own ...
5 hours ago - CNN.com - RSS Channel - HP Hero - Top stories

Saudi Arabian GP: Lewis Hamilton 'at a bit of a loss' with Mercedes car

Lewis Hamilton says he is "at a bit of a loss" with this year's Mercedes car. So will they make progress?
Mar. 18, 2023 - BBC News - Home - Top stories

Formula 1: Lewis Hamilton could leave in 'a couple of years' - Wolff

Lewis Hamilton will have to consider leaving Mercedes if they cannot deliver a competitive car "in the next couple of years", his team boss says.
Mar. 17, 2023 - BBC News - Home - Top stories

Lewis Hamilton claims Mercedes ‘didn’t listen’ to his concerns over new F1 car

‘I know what a car needs’, Hamilton tells BBC F1 podcastMercedes were badly outpaced by rivals at Bahrain GPLewis Hamilton has claimed Mercedes “did not listen” to him over the development of their underperforming Formula One car.The seven-time ...
Mar. 8, 2023 - The Guardian - World

Rivian’s stock falls more than 3% as EV maker and Amazon consider changes to electric-van deal

Rivian Automotive's stock fell by over 3% Monday after news that the EV maker and Amazon are discussing the exclusivity part of their deal for electric vans.
Mar. 13, 2023 - MarketWatch.com - Top Stories - Business

Boy, 15, ‘handcuffed’ by civilian security staff at shop in Chichester

Mother says her black teenage son was buying shampoo in Superdrug and was held by police until 1.15amThe mother of a 15-year-old boy detained by civilian security staff while shopping for shampoo in Chichester has said he is home, after he was ...
3 hours ago - The Guardian - World

The Lex Newsletter: UBS overlap will hit Credit Suisse staff hard in Asia

New owner of struggling Swiss bank is expected to cut jobs more heavily in the region than elsewhere
Mar. 22, 2023 - World - World

Sticking with the union: Billy Bragg joins ABC staff on Sydney picket line

UK singer-songwriter played an acoustic Woody Guthrie song for members of the Community and Public Sector Union taking industrial actionGet our morning and afternoon news emails, free app or daily news podcastBritish singer-songwriter and activist ...
Mar. 22, 2023 - The Guardian - World

LA schools shut down as staff begin 3-day strike

Tens of thousands of workers in the Los Angeles Unified School District walked off the job Tuesday over stalled contract talks, and they were joined by teachers in a three-day strike that shut down the nation's second-largest school system. (March ...
Mar. 21, 2023 - GANNETT Syndication Service - Top stories

Date:	Mar. 19, 2023 11:19 AM ET
Link:	More at "BBC"
Source:	BBC News - Home - bbc.com
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