Business

BBC News - Business

Budget: 'I earn £1,800 a month and have nothing left at the end'

    People tell the BBC how much they earn and what they want from the Budget.

    Bus fares to rise to £3 in England under new cap

      The new limit replaces the existing £2 cap but some have criticised the decision.

      What is a 'working person', according to Labour

        The government has promised not to raise taxes on "working people" in this Wednesday's Budget.

        HSBC profits jump as bank set for major shakeup

          Pre-tax profits rose to $8.5bn in the three months to the end of September, beating analysts' expectations.

          JP Morgan sues customers over viral TikTok cheque fraud

            “Infinite money glitch” allowed the withdrawal of funds from cheques before they were cleared by the bank.

            Can AI make life easier for people with dementia?

              AI projects are underway to help ease the challenges of dementia.

              Tax rises needed to avert austerity, Starmer says

                The prime minister says the UK is facing unprecedented challenges, but promises better days lie ahead.

                Rachel Reeves’ tax-raising Budget will affect you for years

                  The bean counters are back in control with a chancellor who wants to change the rules without rocking the boat.

                  Budget watchdog will break impartiality, claims Hunt

                    The former chancellor says the publication of a review which could criticise the Conservatives on Budget day would "cross a line".

                    Caffè Nero buys 200 Degrees coffee brand

                      The group plans to grow the 200 Degrees chain, which has expanded to 21 stores across the UK.

                      Tariffs hurt his business. He's voting for Trump anyway

                        Donald Trump's call for sweeping tariffs is resonating, as protectionism gains steam in the US.

                        McDonald's Quarter Pounder back after E. coli outbreak

                          The fast food giant said beef patty samples had tested negative for the bacteria.

                          No new freeports in Budget after 'comms cock-up'

                            The government mistakenly briefed that five new low-tax sites would be announced this week.

                            No tax rises in payslips for 'working people', vows minister

                              Bridget Phillipson refused to say if a small business owner was a "working person" in an interview with the BBC, ahead of Wednesday's Budget.

                              World's most indebted oil firm is headache for new Mexico leader

                                Claudia Sheinbaum inherits a buoyant manufacturing sector, but also a troubled state-owned oil firm.

                                Will AI make work burnout worse?

                                  As more AI tools are rolled out, some argue they are contributing to employee burnout.

                                  Nerves frayed in Canada and Mexico over US trade relations

                                    As Americans prepare to vote in the presidential election, Canadians and Mexicans mull the likely impact. 

                                    Holiday in Greenland? New airports aim to entice tourists

                                      The Arctic territory hopes that three new airports will pave the way for direct flights from the US and Europe.

                                      Who has to pay inheritance tax?

                                        Inheritance tax is again creating political debate so how does it work and who pays?

                                        Have Paychecks Kept Up With the Cost of Living?

                                        • Prices (Fares, Fees and Rates)
                                        • United States Economy
                                        • Coronavirus (2019-nCoV)
                                        • Wages and Salaries
                                        • Inflation (Economics)
                                        • Income
                                        • Economics (Theory and Philosophy)

                                        On average, pay has risen faster than prices in recent years. But the overall picture is complicated — and it’s not just facts versus “vibes.”

                                        Trump’s Vast Tariffs Would Rock Global Businesses and Shake Alliances

                                        • Protectionism (Trade)
                                        • International Trade and World Market
                                        • Customs (Tariff)
                                        • United States Politics and Government
                                        • United States Economy
                                        • Presidential Election of 2024
                                        • Great Depression (1930's)
                                        • Smoot-Hawley Tariff Act (1930)
                                        • internal-paywall-exempt-elections-app

                                        Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.

                                        Jeff Bezos Defends Decision to End Washington Post Endorsements

                                        • Washington Post
                                        • Endorsements
                                        • Presidential Election of 2024
                                        • News and News Media
                                        • Newspapers
                                        • Bezos, Jeffrey P
                                        • Lewis, William (1969- )
                                        • Shipley, David
                                        • Hoffman, David E.
                                        • Roberts, Molly

                                        Mr. Bezos, the newspaper’s owner, said that presidential endorsements “create a perception of bias” and that “my views here are, in fact, principled.”

                                        For the First Time in 87-Year History, Volkswagen May Close Factories

                                        • Automobiles
                                        • Labor and Jobs
                                        • Factories and Manufacturing
                                        • Layoffs and Job Reductions
                                        • Volkswagen AG
                                        • Germany
                                        • Wages and Salaries

                                        The auto maker’s top employee representative told workers that management planned to shutter three factories in Germany to cut costs amid slumping sales.

                                        China Tightens Its Hold on Minerals Needed to Make Computer Chips

                                        • Rare Earths
                                        • Factories and Manufacturing
                                        • Metals and Minerals
                                        • International Trade and World Market
                                        • Computer Chips
                                        • Mines and Mining
                                        • Supply Chain
                                        • Lynas Corp Ltd
                                        • Neo Performance Materials Inc
                                        • China

                                        Already the dominant producer of rare minerals, Beijing is using export restrictions and its power over state-owned companies to further control access.

                                        How Beijing Tamed a Lawless Industry and Gained Global Influence

                                        • Rare Earths
                                        • Mines and Mining
                                        • Metals and Minerals
                                        • International Trade and World Market
                                        • China
                                        • Conservation of Resources
                                        • Pollution

                                        State-controlled companies now run an industry once known for its acid pits, radioactive waste and smugglers.

                                        Can Harris’s Economic Plans Sway Small Business Owners to Vote Democratic?

                                        • Small Business
                                        • Presidential Election of 2024
                                        • Harris, Kamala D
                                        • Trump, Donald J
                                        • Democratic Party
                                        • Entrepreneurship
                                        • Start-ups
                                        • Tax Credits, Deductions and Exemptions
                                        • Biden, Joseph R Jr

                                        Kamala Harris has leaned in with promises to aid start-ups, but proprietors are often more focused on taxes and regulations.

                                        UK Budget: What to Know Before Labour’s Announcement

                                        • Politics and Government
                                        • Capital Gains Tax
                                        • Economic Conditions and Trends
                                        • Income Tax
                                        • Budgets and Budgeting
                                        • Labour Party (Great Britain)
                                        • Reeves, Rachel (1979- )
                                        • Starmer, Keir

                                        The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.

                                        Boeing Will Sell $19 Billion in Stock Amid Costly Strike

                                        • Aviation Accidents, Safety and Disasters
                                        • Airlines and Airplanes
                                        • Boeing Company
                                        • Stocks and Bonds
                                        • Seattle (Wash)
                                        • Ortberg, Robert K
                                        • Strikes
                                        • Labor and Jobs
                                        • Layoffs and Job Reductions
                                        • Boeing 737 Max Groundings and Safety Concerns (2019)
                                        • Pensions and Retirement Plans
                                        • Credit Ratings and Credit Rating Agencies
                                        • S&P Global Inc

                                        The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.

                                        No, poll workers aren’t handing out Sharpies to invalidate ballots.

                                        • Presidential Election of 2024
                                        • Rumors and Misinformation
                                        • Voter Fraud (Election Fraud)
                                        • Voting Machines
                                        • Conspiracy Theories

                                        The writing utensils figured prominently in conspiracy theories in previous elections. But they’re often fine to use on paper ballots.

                                        Steve Mariotti, Whose Trauma Led Him to Help Youths at Risk, Dies at 71

                                        • Mariotti, Steve (1953-2024)
                                        • Deaths (Obituaries)
                                        • Education (K-12)
                                        • Small Business
                                        • Youth
                                        • Entrepreneurship
                                        • Teachers and School Employees
                                        • Network for Teaching Entrepreneurship
                                        • New York City

                                        After he was mugged, he took a therapist’s advice to work with “difficult students at a difficult school.” They ignored him until the lessons turned to business.

                                        Musk Repeatedly Raises the Idea That Harris, or He, Could Be Assassinated

                                        • United States Politics and Government
                                        • Assassinations and Attempted Assassinations
                                        • Trump Assassination Attempt (July 2024)
                                        • Presidential Election of 2024
                                        • Political Action Committees
                                        • America PAC
                                        • Republican Party
                                        • Harris, Kamala D
                                        • Musk, Elon
                                        • Trump, Donald J
                                        • Pennsylvania

                                        The billionaire and his PAC have used foreboding language about the vice president in their support of former President Donald Trump.

                                        Waymo Raises $5.6 Billion From Outside Investors

                                        • Venture Capital
                                        • Driverless and Semiautonomous Vehicles
                                        • Waymo
                                        • Cruise LLC

                                        Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.

                                        Why a Key Biden Effort to Boost Affordable Housing Has Faced Hurdles

                                        • Real Estate and Housing (Residential)
                                        • Affordable Housing
                                        • Presidential Election of 2024
                                        • Transit Systems
                                        • Transportation Department (US)
                                        • Biden, Joseph R Jr
                                        • Harris, Kamala D
                                        • Trump, Donald J

                                        The Biden administration rolled out a plan last year to create more housing by unlocking more than $35 billion in lending capacity. It has yet to close on any loans that would support housing-related projects.

                                        Corporate America Braces for Trump 2.0

                                        • Presidential Election of 2024
                                        • Polls and Public Opinion
                                        • Bezos, Jeffrey P
                                        • Cook, Timothy D
                                        • Meta Platforms Inc
                                        • Zuckerberg, Mark E
                                        • Trump, Donald J
                                        • Pichai, Sundar
                                        • Washington Post
                                        • Amazon.com Inc
                                        • Jassy, Andrew R

                                        The race for the White House is deadlocked, but business leaders aren’t taking chances, reaching out to the former president to rebuild relations.

                                        What Japan’s Political Uncertainty Means for Its Market Rally

                                        • Economic Conditions and Trends
                                        • Japan
                                        • Politics and Government
                                        • Elections
                                        • Bank of Japan
                                        • Liberal Democratic Party (Japan)
                                        • Ishiba, Shigeru

                                        The long-ruling Liberal Democratic Party has lost its parliamentary majority, raising questions about the policy stability that has lured investors.

                                        How Taxpayers Are Helping Health Insurers Make Even Bigger Profits

                                        • Health Insurance and Managed Care
                                        • Prices (Fares, Fees and Rates)
                                        • Local Government
                                        • Government Contracts and Procurement
                                        • MultiPlan Inc
                                        • UnitedHealth Group Inc
                                        • Regulation and Deregulation of Industry

                                        Local governments often face extra fees when employees get out-of-network medical care, but some don’t track the insurance charges or even know about them.

                                        No E. Coli Found in Samples of McDonald’s Beef Patties, Officials Say

                                        • Food Contamination and Poisoning
                                        • E Coli (Bacteria)
                                        • Beef
                                        • Fast Food Industry
                                        • Meat
                                        • Onions
                                        • McDonald's Corporation
                                        • Taylor Farms
                                        • Colorado

                                        The company said it would put Quarter Pounders back on the menu, without the raw onions that were considered the likely source of the bacteria.

                                        California Governor Proposes $750 Million in Annual Film Tax Credits

                                        • Tax Credits, Deductions and Exemptions
                                        • Movies
                                        • Television
                                        • Taxation
                                        • Newsom, Gavin
                                        • California
                                        • Los Angeles (Calif)
                                        • Los Angeles County (Calif)

                                        Gov. Gavin Newsom wants to more than double the amount the state offers in incentives, which would make its program one of the nation’s most generous.

                                        Tom Jarriel, Globetrotting ABC News Reporter, Is Dead at 89

                                        • Jarriel, Tom
                                        • Deaths (Obituaries)
                                        • ABC News
                                        • 20/20 (TV Program)
                                        • Television
                                        • News and News Media
                                        • Emmy Awards
                                        • Romania

                                        In his 37 years at the network, he was a White House correspondent, weekend anchor and correspondent for “20/20.” He won 19 Emmy Awards.

                                        Inside The Washington Post’s Decision to Stop Presidential Endorsements

                                        • Newspapers
                                        • Endorsements
                                        • Presidential Election of 2024
                                        • Washington Post
                                        • Bezos, Jeffrey P
                                        • Lewis, William (1969- )

                                        Post owner Jeff Bezos ended the decades-long practice, weeks after a discussion at a meeting in Miami. The move has drawn criticism in and outside the newsroom.

                                        For Investors, What if This Time Is Different?

                                        • Presidential Election of 2024
                                        • Stocks and Bonds
                                        • World War II (1939-45)
                                        • Standard & Poor's 500-Stock Index
                                        • Government Bonds
                                        • High Net Worth Individuals
                                        • Content Type: Service
                                        • Personal Finances

                                        Disregarding politics has worked brilliantly in the United States for a century. But market history offers comfort only up to a point, our columnist says.

                                        What to Know About the Chinese Hackers Who Targeted the 2024 Campaigns

                                        • Cyberwarfare and Defense
                                        • Presidential Election of 2024
                                        • Espionage and Intelligence Services
                                        • Telephones and Telecommunications
                                        • Computers and the Internet
                                        • China
                                        • Microsoft Corp
                                        • Democratic Party
                                        • Harris, Kamala D
                                        • Trump, Donald J
                                        • Vance, J D
                                        • Schumer, Charles E
                                        • Verizon Communications Inc

                                        A group that experts call Salt Typhoon is believed to be behind a sophisticated breach of major telecommunication companies that has taken aim at American leaders.

                                        A New Business on Wall Street: Defending Against D.E.I. Backlash

                                        • Diversity Initiatives
                                        • Corporations
                                        • Banking and Financial Institutions
                                        • Corporate Social Responsibility
                                        • Executives and Management (Theory)
                                        • United States

                                        Companies are conducting vulnerability assessments, compiling research reports and writing plans for what to do if their diversity efforts come under attack.

                                        Global Economic Leaders Confront a New Era of Industrial Policy

                                        • Protectionism (Trade)
                                        • International Trade and World Market
                                        • United States Politics and Government
                                        • Customs (Tariff)
                                        • United States Economy
                                        • Foreign Investments
                                        • Presidential Election of 2024
                                        • Poverty
                                        • United States International Relations
                                        • Income Inequality
                                        • Credit and Debt
                                        • Georgieva, Kristalina Ivanova
                                        • Trump, Donald J
                                        • Yellen, Janet L

                                        Policymakers brace for more protectionism and the demise of “neoliberalism” if Donald J. Trump is re-elected in the U.S.

                                        How Jessica Tarlov of ‘The Five’ Became a Liberal Star on Fox News

                                        • Tarlov, Jessica
                                        • Content Type: Personal Profile
                                        • Television
                                        • Fox News Channel
                                        • News and News Media
                                        • Presidential Election of 2024
                                        • The Five (TV Program)
                                        • Democratic Party
                                        • United States Politics and Government

                                        A die-hard Democrat, she is a resident dissenter on “The Five,” the most-watched show in cable news. Does she have the hardest job on television?

                                        Alabama Prison Labor Program Faces Legal Challenges

                                        • Alabama
                                        • Prisons and Prisoners
                                        • Labor and Jobs
                                        • Forced Labor
                                        • Factories and Manufacturing
                                        • Hyundai Motor Co
                                        • States (US)
                                        • Law and Legislation
                                        • Suits and Litigation (Civil)
                                        • Center for Constitutional Rights
                                        • Corrections Department (Ala)
                                        • Workplace Hazards and Violations
                                        • audio-neutral-immersive

                                        A work-release program for Alabama prisoners provides labor for corporations and income for the state. Lawsuits are challenging its constitutionality.

                                        How Tom Llamas, an NBC Anchor, Spends His Sundays

                                        • Llamas, Tom
                                        • News and News Media
                                        • NBC News
                                        • Westchester County (NY)
                                        • Content Type: Personal Profile

                                        Mr. Llamas, who has been racing between hurricanes and election coverage, makes time for baseball with his children and not-so-scary movies with his wife.

                                        Musk Wins Appeal Over Tweet He Had to Delete About Union Push

                                        • Musk, Elon
                                        • Tesla Motors Inc
                                        • Organized Labor
                                        • National Labor Relations Board
                                        • Social Media
                                        • Freedom of Speech and Expression
                                        • Ortiz, Richard
                                        • Appeals Courts (US)
                                        • Dennis, James L
                                        • Decisions and Verdicts

                                        The Fifth Circuit court ruled that the 2018 post was protected speech. It also vacated an order to reinstate a pro-union Tesla worker who was fired.

                                        France’s Financial Morass Produces a Harsh Critique From Moody’s

                                        • France
                                        • Economic Conditions and Trends
                                        • Credit Ratings and Credit Rating Agencies
                                        • Moody's Investors Service Inc
                                        • Barnier, Michel
                                        • Macron, Emmanuel (1977- )
                                        • Politics and Government
                                        • Taxation

                                        The financial ratings agency, citing a “fiscal deterioration” with rising borrowing and a political logjam, downgraded its outlook for French debt.

                                        Biden Administration Floats Student Loan Relief for Borrowers Facing Hardship

                                        • Student Loans
                                        • Biden, Joseph R Jr
                                        • Federal Aid (US)
                                        • Colleges and Universities
                                        • Education Department (US)
                                        • United States Politics and Government

                                        The proposal, which faces tough legal prospects, would offer forgiveness to millions of borrowers who are unable to pay back their loans because of financial setbacks.

                                        Airline Lost Your Bag? Here’s How to Reunite With Your Luggage.

                                        • Airlines and Airplanes
                                        • Luggage and Packing
                                        • Content Type: Service
                                        • Customer Relations
                                        • Lost and Found Property
                                        • Travel and Vacations
                                        • Alaska Airlines
                                        • Delta Air Lines Inc
                                        • KLM Royal Dutch Airlines
                                        • Korean Air Lines
                                        • Southwest Airlines Company
                                        • United Airlines

                                        Or at least be reimbursed if it’s gone for good.

                                        Former Model Stacey Williams Accuses Trump of Groping Her During Visit With Epstein

                                        • Sexual Harassment
                                        • Presidential Election of 2024
                                        • Dating and Relationships
                                        • Epstein, Jeffrey E (1953- )
                                        • Trump, Donald J
                                        • Fifth Avenue (Manhattan, NY)

                                        The swimsuit model Stacey Williams said Jeffrey Epstein brought her to Trump Tower, where the future president groped her. Mr. Trump’s campaign denied it.

                                        Chinese Hackers Are Said to Have Targeted Phones Used by Trump and Vance

                                        • China
                                        • Cyberwarfare and Defense
                                        • Trump, Donald J
                                        • Vance, J D
                                        • Telephones and Telecommunications
                                        • Espionage and Intelligence Services
                                        • Wiretapping and Other Eavesdropping Devices and Methods
                                        • Presidential Election of 2024
                                        • United States Politics and Government
                                        • Verizon Communications Inc
                                        • United States International Relations

                                        The targeting of the Republican presidential ticket’s phones is part of what appears to be a wide-ranging effort to gather information about American leaders.

                                        E. Coli Outbreak Tied to McDonald’s Widens to 75 People in 13 States

                                        • Food Contamination and Poisoning
                                        • Fast Food Industry
                                        • E Coli (Bacteria)
                                        • Recalls and Bans of Products
                                        • Regulation and Deregulation of Industry
                                        • Meat
                                        • Onions
                                        • Hamburgers
                                        • Burger King Corp
                                        • Centers for Disease Control and Prevention
                                        • Food and Drug Administration
                                        • McDonald's Corporation
                                        • Taylor Farms
                                        • Kentucky Fried Chicken
                                        • Pizza Hut
                                        • Colorado
                                        • Content Type: Service

                                        Health officials say that recalls of onions — the suspected source of the contamination — would help lessen the risk to consumers. Other major fast-food chains have also stopped offering onions.

                                        Abercrombie Confronts Sex Trafficking Accusations Against Mike Jeffries, Ex-CEO

                                        • Abercrombie & Fitch Co
                                        • Jeffries, Michael S
                                        • Human Trafficking
                                        • Sex Crimes
                                        • Sexual Harassment
                                        • Homosexuality and Bisexuality
                                        • Suits and Litigation (Civil)
                                        • Fashion and Apparel
                                        • Shopping and Retail
                                        • Workplace Hazards and Violations

                                        Recent sex trafficking charges against Michael Jeffries could entangle the retailer, too, as it tries to close a tumultuous chapter in its history.

                                        Overlooked No More: Margaret E. Knight, Innovator of the Flat-Bottomed Paper Bag

                                        • Knight, Margaret E
                                        • Paper Bags
                                        • Inventions and Patents
                                        • Innovation
                                        • Women and Girls
                                        • Labor and Jobs
                                        • Biographical Information

                                        She came up with a method of automation so that workers would not have to make the bags by hand. Then she fought for credit for her work.

                                        Washington Post Says It Won’t Endorse a Presidential Candidate

                                        • Presidential Election of 2024
                                        • Endorsements
                                        • Newspapers
                                        • News and News Media
                                        • Washington Post
                                        • Los Angeles Times
                                        • Lewis, William (1969- )
                                        • Soon-Shiong, Patrick
                                        • Trump, Donald J
                                        • Harris, Kamala D
                                        • United States Politics and Government
                                        • Bezos, Jeffrey P

                                        The decision was made by Jeff Bezos, the paper’s owner, according to a person with knowledge of the talks. Will Lewis, the chief executive, said the paper was “returning to our roots” of not making endorsements for the office.

                                        Russia Raises Interest Rate to 21 Percent, Its Highest in Decades

                                        • Russia
                                        • Interest Rates
                                        • Inflation (Economics)
                                        • Russian Invasion of Ukraine (2022)
                                        • Central Bank of Russia
                                        • Economic Conditions and Trends
                                        • Banking and Financial Institutions

                                        Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.

                                        Are Elon Musk and Vladimir Putin Talking?

                                        • internal-storyline-no

                                        The billionaire has reportedly been in regular contact with the Russian president, heaping more scrutiny on the power and influence the entrepreneur wields over the U.S. government.

                                        Election Odds Swing in Trump’s Favor on Polymarket, a Crypto Betting Site

                                        • Polymarket (Adventure One QSS Inc)
                                        • Virtual Currency
                                        • Presidential Election of 2024
                                        • Gambling
                                        • Polls and Public Opinion
                                        • Computers and the Internet
                                        • Trump, Donald J
                                        • Coplan, Shayne

                                        Donald Trump, Elon Musk and CNN have cited election predictions from Polymarket, a betting site where crypto enthusiasts have wagered more than $100 million on who will win the presidency.

                                        Betting Markets Favor Trump. But Their Record of Accuracy Is Mixed.

                                        • Prediction Markets
                                        • Presidential Election of 2024
                                        • Polls and Public Opinion
                                        • Gambling
                                        • Harris, Kamala D
                                        • Trump, Donald J
                                        • Polymarket (Adventure One QSS Inc)
                                        • PredictIt (Aristotle International Inc)
                                        • Kalshi Inc

                                        Proponents believe that having real money on the line, and a large crowd of investors, encourages a more accurate election forecast than polling data can provide.

                                        ‘Trump Trade’ of Large Tariffs and Deficits Looms as Market Braces for 2024 Election

                                        • Government Bonds
                                        • Stocks and Bonds
                                        • Federal Reserve System
                                        • Harris, Kamala D
                                        • Trump, Donald J
                                        • Interest Rates
                                        • Presidential Election of 2024
                                        • Federal Budget (US)
                                        • United States Economy
                                        • Protectionism (Trade)
                                        • International Trade and World Market
                                        • Customs (Tariff)

                                        As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals, yields on Treasury debt have risen.

                                        Tapestry-Capri Fashion Merger Is Blocked by Judge

                                        • Handbags and Purses
                                        • Federal Trade Commission
                                        • Mergers, Acquisitions and Divestitures
                                        • Capri Holdings Ltd
                                        • Fashion and Apparel
                                        • Tapestry Inc
                                        • Decisions and Verdicts
                                        • Antitrust Laws and Competition Issues
                                        • Suits and Litigation (Civil)
                                        • Shopping and Retail
                                        • Coach Inc
                                        • Kate Spade & Co
                                        • Versace, Gianni, SpA
                                        • Khan, Lina
                                        • Prices (Fares, Fees and Rates)
                                        • Rochon, Jennifer L
                                        • Luxury Goods and Services

                                        The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors.

                                        Why Boeing Workers Rejected a New Contract: Retirement Benefits

                                        • Boeing Company
                                        • Airlines and Airplanes
                                        • Organized Labor
                                        • Strikes
                                        • Pensions and Retirement Plans
                                        • Employee Fringe Benefits
                                        • Wages and Salaries
                                        • International Assn of Machinists and Aerospace Workers

                                        A large majority of more than 33,000 striking union members voted against a contract that included big raises but not the restoration of a frozen pension plan.

                                        Boeing Email to Ethiopian Airlines Sheds Light on a Crash

                                        • Aviation Accidents, Safety and Disasters
                                        • Boeing 737 Max Groundings and Safety Concerns (2019)
                                        • Boeing Company
                                        • Ethiopian Airlines

                                        Newly revealed correspondence indicates that a Boeing senior official counseled that the company could answer a pilot’s safety question, but it did not.

                                        Netflix Wanted ‘Wuthering Heights.’ Margot Robbie Wanted a Theatrical Release.

                                        • Movies
                                        • Robbie, Margot
                                        • Warner Brothers
                                        • Netflix Inc
                                        • Video Recordings, Downloads and Streaming
                                        • Wuthering Heights (Book)
                                        • Bronte, Emily
                                        • Fennell, Emerald

                                        In the end, Ms. Robbie got what she wanted, signing a deal with Warner Bros.

                                        Onions Recalled in Deadly E.Coli Outbreaks Linked to McDonald’s Quarter Pounders

                                        • Onions
                                        • Food Contamination and Poisoning
                                        • E Coli (Bacteria)
                                        • Recalls and Bans of Products
                                        • Deaths (Fatalities)
                                        • Fast Food Industry
                                        • Hamburgers
                                        • Regulation and Deregulation of Industry
                                        • Food and Drug Administration
                                        • Taylor Farms
                                        • Agriculture and Farming
                                        • McDonald's Corporation
                                        • Yum Brands Inc
                                        • United States

                                        A deadly outbreak spurred removal of onions by a major food supplier in the Mountain West. Taco Bell, KFC, Burger King and Pizza Hut have stopped serving onions at various locations.

                                        Southwest Strikes a Truce With the Activist Hedge Fund Elliott

                                        • Shareholder Rights and Activism
                                        • Appointments and Executive Changes
                                        • Airlines and Airplanes
                                        • Elliott Management Corp
                                        • Southwest Airlines Company

                                        The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest shareholders.

                                        Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All

                                        • Income Tax
                                        • International Trade and World Market
                                        • Income Inequality
                                        • Customs (Tariff)
                                        • United States Politics and Government
                                        • Presidential Election of 2024
                                        • United States Economy
                                        • Trump, Donald J
                                        • internal-paywall-exempt-elections-app

                                        The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.

                                        How a Binance Employee Strained the Relationship Between the U.S. and Nigeria

                                        • Nigeria
                                        • Political Prisoners
                                        • Gambaryan, Tigran
                                        • Binance
                                        • United States International Relations
                                        • Money Laundering
                                        • Virtual Currency
                                        • Artificial Intelligence

                                        The United States and Nigeria often collaborate. But the arrest of an American worker strained their diplomatic relations.

                                        Teens Think Movies and TV Shows Have Too Much Sex, Study Finds

                                        • Television
                                        • Research
                                        • Movies
                                        • Youth
                                        • Sex
                                        • University of California, Los Angeles
                                        • Teenagers and Adolescence

                                        At least that is what they told researchers at U.C.L.A. The high popularity of romance plots in movies and shows suggests otherwise.

                                        Polymarket Identifies a French Trader Behind Big Trump Bets

                                        • internal-storyline-no

                                        Polymarket said that it had linked a single trader to accounts that have wagered heavily on the Republican to win, pushing up his odds on the prediction market.

                                        New Guidelines Serve as Government ‘Guardrails’ for A.I. Tools

                                        • Biden, Joseph R Jr
                                        • Artificial Intelligence
                                        • United States Politics and Government
                                        • Regulation and Deregulation of Industry

                                        A national security memorandum detailed how agencies should streamline operations with artificial intelligence safely.

                                        The White House Bet Big on Intel. Will It Backfire?

                                        • Computer Chips
                                        • Computers and the Internet
                                        • Factories and Manufacturing
                                        • United States Politics and Government
                                        • Tax Credits, Deductions and Exemptions
                                        • Labor and Jobs
                                        • Presidential Election of 2024
                                        • Federal Aid (US)
                                        • Relocation of Business
                                        • Commerce Department
                                        • Amazon.com Inc
                                        • NVIDIA Corporation
                                        • Intel Corporation
                                        • Biden, Joseph R Jr
                                        • Gelsinger, Patrick
                                        • Raimondo, Gina M
                                        • Arizona

                                        A plan to revive U.S. chip manufacturing rests partly on a company that is firing workers and delaying factories, even as the government pushes for the opposite.

                                        How Intel Got Left Behind in the A.I. Chip Boom

                                        • Intel Corporation
                                        • Computer Chips
                                        • Artificial Intelligence
                                        • Mergers, Acquisitions and Divestitures
                                        • NVIDIA Corporation
                                        • Habana Labs Ltd
                                        • Gelsinger, Patrick
                                        • Otellini, Paul S
                                        • Computers and the Internet
                                        • workrelated

                                        Intel was for decades Silicon Valley’s dominant chip company. But missed opportunities and poor execution left it on the sidelines in tech’s latest gold rush.

                                        Why It’s Getting Harder to Fly to China

                                        • Airlines and Airplanes
                                        • International Relations
                                        • Business Travel
                                        • Travel and Vacations
                                        • Russian Invasion of Ukraine (2022)
                                        • China
                                        • Europe

                                        European carriers are enduring higher costs because they have to avoid Russian airspace, while a sluggish economy and geopolitical tensions are hurting business travel to China.

                                        Boeing Strike Extended After Union Workers Reject New Contract

                                        • Airlines and Airplanes
                                        • Aviation Accidents, Safety and Disasters
                                        • Labor and Jobs
                                        • Layoffs and Job Reductions
                                        • Pensions and Retirement Plans
                                        • Strikes
                                        • Factories and Manufacturing
                                        • Organized Labor
                                        • Employee Fringe Benefits
                                        • Wages and Salaries
                                        • Boeing Company
                                        • International Assn of Machinists and Aerospace Workers
                                        • Ortberg, Robert K
                                        • Seattle (Wash)
                                        • workrelated

                                        The vote, hours after Boeing reported a $6.1 billion loss, will extend a nearly six-week-long strike at factories where the company makes its best-selling commercial plane.

                                        L.A. Times Editorial Chief Quits After Owner Blocks Harris Endorsement

                                        • Los Angeles Times
                                        • News and News Media
                                        • Endorsements
                                        • Presidential Election of 2024
                                        • Harris, Kamala D
                                        • Appointments and Executive Changes
                                        • Garza, Mariel (Editor)
                                        • Soon-Shiong, Patrick
                                        • workrelated

                                        Mariel Garza said the editorial board was prepared to endorse Kamala Harris, but the paper’s owner, Patrick Soon-Shiong, decided not to make an endorsement in the presidential race.

                                        CVS explores options including potential break-up 

                                          Reuters exclusively reported that CVS Health is exploring options that could include a break-up of the company to separate its […]

                                          The post CVS explores options including potential break-up  appeared first on Reuters News Agency.

                                          Reuters exclusively reported that CVS Health is exploring options that could include a break-up of the company to separate its retail and insurance units, as the struggling healthcare services company looks to turn around its fortunes amid pressure from investors. The post CVS explores options including potential break-up appeared first on Reuters News Agency.

                                          Intel says it has no plans to divest majority stake in Mobileye 

                                            Reuters was first to report on Intel’s decision not to divest its majority stake in Mobileye, boosting the Israeli company’s […]

                                            The post Intel says it has no plans to divest majority stake in Mobileye  appeared first on Reuters News Agency.

                                            Reuters was first to report on Intel’s decision not to divest its majority stake in Mobileye, boosting the Israeli company’s shares by over 16%. Mobileye shares, which have dropped 73% this year, took a beating earlier in the month after media reports that Intel was looking to sell a portion of its stake in the company. The post Intel says it has no plans to divest majority stake in Mobileye appeared first on Reuters News Agency.

                                            US opposition to Nippon Steel deal ‘very unsettling’, Japan PM hopeful says

                                              Reuters exclusively reported that one of the frontrunners to become Japan’s next premier said that any U.S. move to block […]

                                              The post US opposition to Nippon Steel deal ‘very unsettling’, Japan PM hopeful says appeared first on Reuters News Agency.

                                              Reuters exclusively reported that one of the frontrunners to become Japan’s next premier said that any U.S. move to block Japan’s Nippon Steel from buying U.S. Steel on national security grounds would be “very unsettling.” Shigeru Ishiba, a former defence minister, told Reuters in an interview that the move could dent trust between the allies. The White House is close to announcing that President Joe Biden will block the $15 billion deal, Reuters reported this week. The post US opposition to Nippon Steel deal ‘very unsettling’, Japan PM hopeful says appeared first on Reuters News Agency.

                                              US warned Nippon Steel its U.S. Steel bid risks harming American industry

                                                Reuters exclusively reported that the Biden administration told Nippon Steel its $14.9 billion acquisition of U.S. Steel would pose a […]

                                                The post US warned Nippon Steel its U.S. Steel bid risks harming American industry appeared first on Reuters News Agency.

                                                Reuters exclusively reported that the Biden administration told Nippon Steel its $14.9 billion acquisition of U.S. Steel would pose a national security risk by harming the American steel industry, adding to evidence the U.S. is poised to block it. The post US warned Nippon Steel its U.S. Steel bid risks harming American industry appeared first on Reuters News Agency.

                                                Ryanair raises summer fare outlook as ‘ugly scenario’ avoided

                                                  Reuters was first to report that Ryanair CEO Micheal O’leary no longer sees a risk of double-digit percentage falls in […]

                                                  The post Ryanair raises summer fare outlook as ‘ugly scenario’ avoided appeared first on Reuters News Agency.

                                                  Reuters was first to report that Ryanair CEO Micheal O’leary no longer sees a risk of double-digit percentage falls in fares as the European short-haul weakness had “levelled out”. The post Ryanair raises summer fare outlook as ‘ugly scenario’ avoided appeared first on Reuters News Agency.

                                                  Custody giant State Street expands crypto services in new partnership 

                                                    Reuters was first to report on State Street’s partnership with Swiss crypto company Taurus to offer new digital asset services, […]

                                                    The post Custody giant State Street expands crypto services in new partnership  appeared first on Reuters News Agency.

                                                    Reuters was first to report on State Street’s partnership with Swiss crypto company Taurus to offer new digital asset services, including turning real-world assets into tradeable tokens, to tap growing institutional demand for such investments. Through the partnership, State Street, which provides crypto fund administration and accounting services, will hold clients’ crypto assets and help them create tokenized assets, such as funds and other securities. The post Custody giant State Street expands crypto services in new partnership appeared first on Reuters News Agency.

                                                    Japan, Tokyo governments target $4.7 bln valuation for Tokyo Metro in IPO

                                                      Reuters exclusively reported that Japan’s national and Tokyo governments are seeking a 700 billion yen ($4.7 billion) valuation for Tokyo […]

                                                      The post Japan, Tokyo governments target $4.7 bln valuation for Tokyo Metro in IPO appeared first on Reuters News Agency.

                                                      Reuters exclusively reported that Japan’s national and Tokyo governments are seeking a 700 billion yen ($4.7 billion) valuation for Tokyo Metro as they prepare to list the subway operator as early as October-end, in what would be the nation’s biggest IPO in roughly six years. The two governments, which own 100% of Tokyo Metro, plan to arrange a meeting of brokerages within a week for a briefing on the IPO and expect to receive approval for the listing from the Tokyo Stock Exchange as soon as mid-September, the sources said. The post Japan, Tokyo governments target $4.7 bln valuation for Tokyo Metro in IPO appeared first on Reuters News Agency.

                                                      Ackman’s Pershing Square takes new stakes in Nike, Brookfield 

                                                        Reuters was first to report that billionaire investor William Ackman built new stakes in sportswear company Nike during the second […]

                                                        The post Ackman’s Pershing Square takes new stakes in Nike, Brookfield  appeared first on Reuters News Agency.

                                                        Reuters was first to report that billionaire investor William Ackman built new stakes in sportswear company Nike during the second quarter. A regulatory filing reviewed by Reuters showed that Ackman’s hedge fund Pershing Square Capital Management owned roughly 3 million shares of Nike, amounting to a roughly 0.19% ownership. Nike’s stock, which has tumbled 26% since January, rose 4% in after-market trading. The post Ackman’s Pershing Square takes new stakes in Nike, Brookfield appeared first on Reuters News Agency.

                                                        China tells some brokerages to conduct compliance checks on bond trading 

                                                          Reuters exclusively reported that China’s securities regulator has ordered some brokerages to inspect their bond trading activities as authorities seek […]

                                                          The post China tells some brokerages to conduct compliance checks on bond trading  appeared first on Reuters News Agency.

                                                          Reuters exclusively reported that China’s securities regulator has ordered some brokerages to inspect their bond trading activities as authorities seek to rein in frenzied buying of Chinese government bonds. The brokerages, all of which are domestic, have been told to conduct compliance checks on all parts of their bond trading operations. The post China tells some brokerages to conduct compliance checks on bond trading appeared first on Reuters News Agency.

                                                          OPEC+ sticks to oil policy, repeats could pause Oct hike

                                                            Reuters was first to report that a meeting of top OPEC+ ministers kept oil output policy unchanged including a plan […]

                                                            The post OPEC+ sticks to oil policy, repeats could pause Oct hike appeared first on Reuters News Agency.

                                                            Reuters was first to report that a meeting of top OPEC+ ministers kept oil output policy unchanged including a plan to start unwinding output cuts from October. The oil producing group took the decision despite sharp oil price falls in recent weeks amid global demand concerns. Brent crude futures fell on the news settling down 1.6% below $80 a barrel. The post OPEC+ sticks to oil policy, repeats could pause Oct hike appeared first on Reuters News Agency.