Filters
Electricity price rises a concern, survey suggests
Guernsey Electricity says it plans to set out "a clear pathway for tariff reform".
AI defense booms in UK and Germany as new wave of billion-dollar startups emerge
The UK and Germany have become key hubs for defense startups in Europe and the U.S.
Mexico approves up to 50% tariffs on China and other countries
The levies are set to take effect on 1 January and will apply to goods like cars, clothing and appliances.
‘Ruined my Christmas spirit’: McDonald’s removes AI-generated ad after backlash
Commercial in Netherlands depicting festival-season chaos at ‘most terrible time of year’ prompted flurry of criticism online McDonald’s says it has removed an AI-generated Christmas advertisement in the Netherlands after it was criticised online.The ad, titled “the most terrible time of the year”, depicts scenes of Christmas chaos, with Santa caught in a traffic jam and a gift-laden Dutch cyclist slipping in the snow. And the message? Retreat to a McDonald’s restaurant until January and ride out the festive season. Continue reading...
Trump launches $1m 'gold card' immigration visas
The special visas will be awarded to those who can show they can make a "substantial benefit" to the US.
GOP lawmakers seek Trump aid for agricultural equipment after tariff pressure
Top lawmakers signaled that more federal help to farmers could be on the way, which could help tractor sales.
The Swiss city that lets you pay for most things with bitcoin
Shops, restaurants and even the local council in Lugano now accept the cryptocurrency.
Shell facing first UK legal claim over climate impacts of fossil fuels
Survivors of a deadly typhoon in the Philippines have filed a claim against the UK's largest oil company.
Trump says U.S. seized oil tanker off the coast of Venezuela
The White House has undertaken a large military buildup in the Caribbean and launched deadly strikes against boats that it claims were trafficking drugs.
Britain slipping down global league table for youth employment, says report
PwC warns that future of a generation is at risk and that jobs crisis is costing UK economy up to £26bn a yearBritain is slipping down the global league table for youth employment amid a dramatic rise in worklessness that is putting a generation’s future at risk, research has warned.Sounding the alarm over a worsening youth jobs crisis, the report from the accountancy firm PwC said Britain’s economy was missing out on £26bn a year because of sharp regional divisions in youth joblessness. Continue reading...
Chewy CEO talks strategy for the 'emotive' pet business after earnings beat
Chewy CEO Sumit Singh reviewed the online pet supply retailer's most recent quarter in a Wednesday interview with CNBC's Jim Cramer.
Trump says Fed could have 'at least doubled' latest interest rate cut
Trump spoke during a meeting at the White House with business leaders including Dell CEO Michael Dell and the heads of Qualcomm and HP.
Coca-Cola taps COO Henrique Braun to replace James Quincey as CEO in 2026
Quincey has led Coca-Cola since 2017, seeing the company through the Covid pandemic and a focus on healthier beverages.
Cisco's stock closes at record for first time since dot-com peak in 2000
Cisco was at the center of the internet boom, but has a much different role in today's artificial intelligence craze.
Here are the five big takeaways from Wednesday's Fed rate decision
The Fed approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue and surprises.
Southwest CEO says airline 'actively pursuing' network of airport lounges
Southwest's CEO said the carrier is weighing a network of airport lounges
Homeland Security Dept. buying Boeing 737s for ICE deportations
The Trump administration has aimed to deport 1 million immigrants from the United States in President Donald Trump's first year back in the White House.
Divided Fed approves third rate cut this year, sees slower pace ahead
The Federal Reserve on Wednesday made its final final interest rate move of the year.
Toffee Crisp and Blue Riband no longer called ‘chocolate’ after recipe change
Nestlé confectionery treats now described as being ‘encased in a smooth milk chocolate flavour coating’Toffee Crisp and Blue Riband bars can no longer be called chocolate after Nestlé reformulated their recipes due to the increasing cost of ingredients.The Swiss conglomerate now describes the treats as being “encased in a smooth milk chocolate flavour coating”, rather than being covered in milk chocolate. Continue reading...
The market likes what it heard from the Fed — plus, Lilly's new $6B manufacturing investment
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Fed still forecasts just one rate cut for next year
The central bank's so-called dot plot indicates a median estimate of 3.4% for the federal funds rate at the end of 2026.
Leon to close 20 stores and cut jobs in restructure
The "healthier" fast food chain confirmed there would be job losses, as it appointed administrators.
Trump admin touts pulling nearly 10,000 truckers off road for failing English tests
The Trump administration has drawn links between the surge in immigration under former President Joe Biden and road safety.