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New CSX Chief Has Unfinished Work on Railroad 13 Jan 11:58pm Updated New CSX Chief Has Unfinished Work on Railroad
CSX’s new CEO, Jim Foote, will seek to assure investors he can carry on the vision of predecessor Hunter Harrison.
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Currencies in USD
GBP 1,30 -0,385%
EUR 1,16 -0,173%
CHF 1,00 -0,301%
H&M Closes Stores in South Africa Amid Protests Over ‘Monkey’ Shirt 13 Jan 8:30pm H&M Closes Stores in South Africa Amid Protests Over ‘Monkey’ Shirt
Outrage over a photograph of a black child modeling a sweatshirt with the words “coolest monkey in the jungle” led to protests in several cities.
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War on waste 13 Jan 7:25pm War on waste
How the UK's big retailers are trying to reduce the amount of avoidable plastic waste they produce.
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Wal-Mart Plans to Cut Over 1,000 Corporate Jobs 13 Jan 5:07pm Wal-Mart Plans to Cut Over 1,000 Corporate Jobs
A day after promising to give its store workers raises and bonuses, Wal-Mart Stores Inc. is preparing to hand out pink slips at its headquarters.
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Supreme Court to Hear Price-Fixing Case Against Chinese Vitamin C Makers 13 Jan 4:57pm Supreme Court to Hear Price-Fixing Case Against Chinese Vitamin C Makers
The Supreme Court said it would hear an antitrust case involving price fixing by Chinese vitamin C manufacturers, agreeing to decide whether U.S. judges must defer to legal submissions made by the Chinese government.
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Uranium Miners Pushed Hard for a Comeback. They Got Their Wish. 13 Jan 4:53pm Uranium Miners Pushed Hard for a Comeback. They Got Their Wish.
Hundreds of mining claims fall neatly outside the new boundaries of Bears Ears National Monument, and a Navajo town scarred by uranium is bracing for new woes.
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When it comes to negative gearing, this government prefers fiction to fact | Greg Jericho 13 Jan 4:06pm When it comes to negative gearing, this government prefers fiction to fact | Greg Jericho
It is a matter of concern that Malcolm Turnbull and Scott Morrison chose to ignore the reliable recommendations of the Treasury
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Carillion crisis looms for government as time runs out for refinancing deal 13 Jan 12:35pm Carillion crisis looms for government as time runs out for refinancing deal
Opposition parties demand to know why ministers such as Chris Grayling continued to hand contracts to failing contractor The crisis at Carillion threatens to engulf the government as opposition parties question the decision to continue awarding public sector contracts to the services and construction giant when ministers knew it was in trouble. Whitehall departments are holding emergency meetings this weekend to discuss contingency plans if the Wolverhampton-based firm, which is integral to a raft of public infrastructure projects including HS2 and several major road schemes, is forced into administration.
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Condé Nast Crafts Rules to Protect Models From Harassment 13 Jan 12:22pm Condé Nast Crafts Rules to Protect Models From Harassment
The publishing giant is creating a code of conduct for photo shoots, reflecting a new reality in the fashion industry.
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As Labor Pool Shrinks, Prison Time Is Less of a Hiring Hurdle 13 Jan 11:56am As Labor Pool Shrinks, Prison Time Is Less of a Hiring Hurdle
A shortage of candidates is providing opportunities to people long shunned by employers and is forcing recruiters to consider new approaches to hiring.
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Carillion in crisis as outsourcing operation crumbles under debt 13 Jan 11:50am Carillion in crisis as outsourcing operation crumbles under debt
The construction conglomerate – one of the government’s biggest contractors – is hoping rescue talks taking place this weekend will produce a solution to its cash woes and halt a collapseThe
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G.M. Says Its Driverless Car Could Be in Fleets by Next Year 13 Jan 11:09am Updated G.M. Says Its Driverless Car Could Be in Fleets by Next Year
Once federal and state agencies grant approval, the electric vehicle will be ready for production on a standard assembly line, the automaker said.
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 Cost of rolling out smart meters to be investigated by NAO 13 Jan 8:37am Updated Cost of rolling out smart meters to be investigated by NAO
The costly drive to force millions of homes across Britain to have smart meters will be reviewed by the National Audit Office, it has revealed today.
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Carillion on brink as board eyes last-ditch rescue plan 13 Jan 7:35am Carillion on brink as board eyes last-ditch rescue plan
Britain's second-largest construction group is on the brink of collapse this weekend as its directors plot last-ditch talks aimed at securing new financial guarantees from ministers.
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Is the Stock Market Too Quiet for Its Own Good? 13 Jan 7:00am Is the Stock Market Too Quiet for Its Own Good?
After another strong year, some fear that the rare calm that has descended raises the odds that share prices will descend.
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The Marriage Ended. The Company Thrived. 13 Jan 6:00am The Marriage Ended. The Company Thrived.
How Brad Black and Susan Griffin-Black built EO Products into an all-natural skin care juggernaut despite getting a divorce along the way.
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 Two million taxpayers facing £800m bill 13 Jan 5:37am Updated Two million taxpayers facing £800m bill
Officials said the average shortfall is around £400. This will be collected over the course of the next financial year starting in April through an adjustment to their tax code.
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 Firms impose new charges to dodge ban on credit card fees  13 Jan 5:36am Updated Firms impose new charges to dodge ban on credit card fees 
From today, businesses are forbidden from adding an extra charge if someone pays by credit card. It was hoped that the ban would save consumers £473million a year.
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 Is it too late to cash in on the great oil rush? 13 Jan 5:29am Updated Is it too late to cash in on the great oil rush?
One of the major attractions of oil firms is that their share prices look cheap compared to other listed companies due to the troubles they have faced over the past few years.
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 Changes to cause highest level of intended property sales 13 Jan 5:09am Updated Changes to cause highest level of intended property sales
The NLA has revealed that one in five of its members plan to reduce their property portfolios in the next year because of the government’s recent tax changes
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Open banking? I think I’ll be keeping my door shut | Patrick Collinson 13 Jan 5:00am Open banking? I think I’ll be keeping my door shut | Patrick Collinson
I might sound like a luddite, but I’m worried that letting an app access my data might leave me vulnerable to fraud
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Tencent, the $500bn Chinese tech firm you may never have heard of 13 Jan 3:00am Tencent, the $500bn Chinese tech firm you may never have heard of
It’s overtaken Facebook, bought stakes in Snapchat, Tesla and Hollywood films, and has quietly risen to rival Google and Netflix It is China’s web giant and has a string of high-profile investments spanning Snapchat, Spotify, Tesla and Hollywood film and TV. It is a sprawling corporate giant that has recently overtaken Facebook to become the world’s fifth most valuable listed company – but few, in the west at least, will have heard of Tencent, even though it is worth half a trillion dollars and rising. China is the world’s most populous digital market and the protection afforded by state censorship through the so-called great firewall – which has meant no competition from Facebook, Google, Twitter and Netflix – has helped Tencent flourish since it launched nearly two decades ago in Shenzhen. But in the last year the shares have been supercharged – climbing from less than HK$200 (£18) at the beginning of 2017 to HK$442 now – and the value of the company has soared.
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Ground rent: ‘We feel like prisoners in our own home’ 13 Jan 2:00am Ground rent: ‘We feel like prisoners in our own home’
High charges have left young homebuyers trapped – and the John Lewis pension fund has been accused of playing a role Thousands of young homebuyers remain trapped in virtually brand-new homes made unsaleable by spiralling ground rents and abandoned by developers such as Taylor Wimpey, despite a ban on the charges promised by the government. Guardian Money can also reveal that the £5bn John Lewis pension fund is behind the soaring rents that have made the lives of some homeowners a misery.
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Travel insurance: make sure you have proper cover, or face a hefty bill 13 Jan 2:00am Travel insurance: make sure you have proper cover, or face a hefty bill
Foreign Office highlights cases such as an £80,000 bill for a broken hip to encourage holidaymakers to take out policiesAhead of the peak holiday booking season, the Foreign and Commonwealth Office is mounting a campaign to encourage holidaymakers to make sure they are properly insured. It comes amid claims that those who declare previous medical conditions are struggling to find affordable cover, and that cancer sufferers can be asked for as much as £2,300 to insure a week-long trip to France. Quoting some frightening prices for receiving emergency treatment abroad, the FCO is hoping that the Costa del Insurance will be the first destination for British travellers during 2018.
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Credit cards: is this the end of the great rip-off? 13 Jan 2:00am Credit cards: is this the end of the great rip-off?
Customers can no longer be charged extra for paying by credit or debit card, but firms are finding ways to get around the ban At midnight on Friday, a rip-off that has cost Britons hundreds of millions of pounds a year was finally outlawed. All extra charges for using a credit or debit card to pay for goods and services have now been banned, which means no more nasty surprises at the checkout, says the government. But some companies are already finding sneaky ways to get around the ban – such as simply renaming the fee so that it removes any reference to cards. Earlier this week, online takeaway company Just Eat
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Gangs of rogue landlords making millions out of housing benefits 13 Jan 2:00am Gangs of rogue landlords making millions out of housing benefits
‘Lockdown’ is a model that can make £56,000 a year from public funds. But the scandal goes onHighly organised gangs of rogue landlords are making millions every year out of the housing benefit system by enticing desperate local authorities to place single homeless people in micro-flats in shoddily converted and dangerous former family homes. Three-bed houses, where the maximum weekly housing benefit for flat-sharers is under £100 a person, are being converted into as many as six tiny self-contained studios – as little as 10 sq m in size. Each then qualifies for housing benefit of £181 a week, enabling a landlord to squeeze £56,000 a year in rent from a property on London’s fringes, all paid from public funds. The £56,000 compares with the typical £6,200 annual rent on a three-bed council house.
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Live Nation Settles Suit With Ticketing Start-Up, Buying Its Assets 13 Jan 12:20am Updated Live Nation Settles Suit With Ticketing Start-Up, Buying Its Assets
The concert business giant announced that it settled with Songkick for $110 million and an additional undisclosed sum to acquire the company’s technology assets and patents.
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