Back Business Wednesday, November 7, 2018
Search Sections 7 Nov
Close
Advertisement
Google Is Said to Be Shopping for More Real Estate in New York 7 Nov 10:08pm Google Is Said to Be Shopping for More Real Estate in New York
Amazon appears to be leaning toward opening a new office in New York. Now word comes that Google, already a big employer in the city, may add on.
 Like Reply
Google Plans Large New York City Expansion 7 Nov 10:01pm Google Plans Large New York City Expansion
Google is gearing up for an expansion of its New York City real estate that could add space for more than 12,000 new workers, an amount nearly double the search giant’s current staffing in the city.
 Like Reply
Indonesia Crash Probe Zeros In on Faulty Flight-Control Gear 7 Nov 9:23pm Indonesia Crash Probe Zeros In on Faulty Flight-Control Gear
Indonesian investigators said a malfunctioning flight-control system fed widely divergent readings to the pilot and co-pilot during the second-to-last flight of the Lion Air jet that plummeted into the sea last week.
 Like Reply
7 Nov 8:40pm Amazon HQ2 Plans Could Make Defense Hiring Even More Competitive
Amazon.com’s plans to split its HQ2 operations between two new locations pose a particular challenge for U.S. defense companies, which are already wrestling with a staffing crunch.
 Like Reply
Henry Paulson Delivers a Sobering Message on U.S.-China Relations 7 Nov 7:34pm Henry Paulson Delivers a Sobering Message on U.S.-China Relations
Former Treasury Secretary Henry Paulson concludes that U.S. engagement with China is failing and an “economic Iron Curtain” may soon descend between the two economic superpowers.
 Like Reply
Steve King Bars Some in News Media From Election Night Event 7 Nov 7:27pm Updated Steve King Bars Some in News Media From Election Night Event
The Des Moines Register was denied a request for credentials, the newspaper’s editor said. In an email, a campaign staff member called it “leftist propaganda.”
 Like Reply
7 Nov 7:17pm Updated The Election Showed a Divided Country. Investors Can Live With That.
The S&P 500 has risen in four of the first five trading days of the November. Wednesday’s 2.1 percent gain was its third-best showing this year.
 Like Reply
The thermal rescue drone that finds woodland wanderers 7 Nov 7:03pm The thermal rescue drone that finds woodland wanderers
Researchers in Latvia are developing drones that can find people who are lost in the forest.
 Like Reply
UK property market at its weakest for six years, says Rics 7 Nov 7:01pm UK property market at its weakest for six years, says Rics
Surveyors body expects prices to fall in the south and south-east over next three months The UK
 Like Reply
Choppy waters for Greek shipping sector 7 Nov 7:00pm Choppy waters for Greek shipping sector
Greece’s key shipping industry – the biggest in the world – is going to be greatly affected by the US ban on Iranian oil exports.
 Like Reply
Thousands still watch TV in black and white 7 Nov 7:00pm Thousands still watch TV in black and white
More than 7,000 people stick with monochrome viewing half a century after colour broadcasts began.
 Like Reply
Vice Media to Shrink Workforce as Growth Stalls 7 Nov 6:41pm Vice Media to Shrink Workforce as Growth Stalls
Vice Media plans to shrink its workforce by as much as 15% and cut its selection of digital sites by at least half, according to people familiar with the matter, the result of stalling growth at the onetime new-media darling.
 Like Reply
The Shift: Facebook Had a Good Election Day. But It Can’t Let Up Now. 7 Nov 6:30pm The Shift: Facebook Had a Good Election Day. But It Can’t Let Up Now.
Facebook made strides toward cleaning up its service in the last two years. But it continues to behave most responsibly only when placed under a microscope.
 Like Reply
Midterm Elections Deliver a Ratings Surge, With Fox News in the Lead 7 Nov 6:22pm Midterm Elections Deliver a Ratings Surge, With Fox News in the Lead
CNN placed second in total viewers, with NBC taking first place among the major broadcast networks.
 Like Reply
Tyson Foods CEO Looks Overseas for Acquisitions 7 Nov 6:14pm Tyson Foods CEO Looks Overseas for Acquisitions
In his first interview in his new role as CEO, Noel White discusses efforts to rebuild the company’s overseas presence.
 Like Reply
Evelyn Y. Davis, a Shareholder Scourge of C.E.O.s, Dies at 89 7 Nov 6:04pm Updated Evelyn Y. Davis, a Shareholder Scourge of C.E.O.s, Dies at 89
For more than 50 years she harangued executives, sometimes wearing a costume to make a point. And sometimes this gadfly got results.
 Like Reply
7 Nov 6:03pm Updated Wall Street Rallies on U.S. Elections; Tech, Health Stocks Lead
Wall Street rose 2 percent on Wednesday, led by the technology and healthcare sectors as investors breathed a sigh of relief following the U.S. midterm elections and made bets that a divided Congress would be good news for equities.
 Like Reply
After Protest, Booksellers Are Victorious Against Amazon Subsidiary 7 Nov 5:33pm After Protest, Booksellers Are Victorious Against Amazon Subsidiary
Two days into a strike by antiquarian booksellers against the Amazon unit AbeBooks, the company capitulated.
 Like Reply
In Superstar Cities, the Rich Get Richer, and They Get Amazon 7 Nov 5:06pm Updated In Superstar Cities, the Rich Get Richer, and They Get Amazon
New York and Washington are leaving the rest of the country behind. Companies like Amazon explain why.
 Like Reply
After Midterm Results, Canadians Watch Fate of Trade Agreement 7 Nov 4:51pm After Midterm Results, Canadians Watch Fate of Trade Agreement
The Democrat’s control of the House of Representatives may create new trade headaches for Canada.
 Like Reply
Redrow founder Steve Morgan bows out 7 Nov 4:51pm Redrow founder Steve Morgan bows out
The 65-year-old will retire at the end of March having spent two stints as chairman – from 1974 to 2000 and then from 2009 to today. He will be replaced by chief executive John Tutte.
 Like Reply
MARKET REPORT: Higher fuel costs spark turbulence at Wizz Air 7 Nov 4:51pm MARKET REPORT: Higher fuel costs spark turbulence at Wizz Air
Traders baulked as it blamed higher fuel costs and summer strike action for creating a challenging environment, even though its profit for the six months ending in September hit a record £254.7m.
 Like Reply
£230m windfall for top builders since start of Help to Buy 7 Nov 4:50pm £230m windfall for top builders since start of Help to Buy
The chief executives of seven leading companies including Persimmon, Barratt Developments and Taylor Wimpey have seen their pay triple on the back the taxpayer-funded subsidy.
 Like Reply
7 Nov 4:18pm Wall Street Rallies on U.S. Elections Lead by Tech, Health Stocks
U.S. stocks surged on Wednesday with broad gains led by the technology and healthcare sectors as investors, relieved to put midterm elections behind them, made bets that a divided Congress would be good for equities.
 Like Reply
Michael Kors Fumbles Sales Opportunity 7 Nov 4:16pm Michael Kors Fumbles Sales Opportunity
Michael Kors Holdings was unable to meet a renewed demand for handbags covered in its namesake logo, resulting in a sales shortfall for its latest quarter.
 Like Reply
7 Nov 4:11pm Updated 4 Takeaways From the Trump-Era Plunge in Corporate Penalties
The Times examined financial penalties imposed on banks and big companies in the Trump and Obama administrations. The difference is in the billions of dollars.
 Like Reply
What Democratic Control of the House Could Mean for Your Wallet 7 Nov 4:07pm Updated What Democratic Control of the House Could Mean for Your Wallet
A change in control will block renewed tax-cut initiatives, but there may be room for accord on drug pricing and even stimulus, if the recovery falters.
 Like Reply
In Silicon Valley, Saudi Money Keeps Flowing to Startups 7 Nov 4:06pm In Silicon Valley, Saudi Money Keeps Flowing to Startups
Silicon Valley startups are continuing to negotiate deals with Saudi Arabia and take its capital from its partner SoftBank, amid controversy over the killing of journalist Jamal Khashoggi that has clouded the kingdom’s role as a major global technology investor.
 Like Reply
Square Feet: From Day Trips to Sleepovers: How Regional Theme Parks Are Evolving 7 Nov 3:31pm Updated Square Feet: From Day Trips to Sleepovers: How Regional Theme Parks Are Evolving
Smaller amusement parks have added restaurants, shops and hotels to take advantage of a strategy that dates back to the 1960s: Get visitors to stay longer.
 Like Reply
Samsung folding smartphone revealed to developers 7 Nov 3:19pm Samsung folding smartphone revealed to developers
Samsung unveils a folding handset that turns into a tablet at an event in San Francisco.
 Like Reply
Samsung unveils folding smartphone 7 Nov 2:59pm Samsung unveils folding smartphone
Samsung has unveiled its much-anticipated folding phone at its developers conference in San Francisco.
 Like Reply
Samsung shows off folding smartphone 7 Nov 2:54pm Updated Samsung shows off folding smartphone
Samsung unveils a folding handset that turns into a tablet at an event in San Francisco.
 Like Reply
State of the Art: Why the Google Walkout Was a Watershed Moment in Tech 7 Nov 2:28pm Updated State of the Art: Why the Google Walkout Was a Watershed Moment in Tech
Outsiders have little leverage to force the industry to change. The companies’ own workers are another matter.
 Like Reply
Childcare constraints forcing more women to work closer to home 7 Nov 1:28pm Childcare constraints forcing more women to work closer to home
Gender commuting gap shows women across UK more likely to live 15 minutes from work
 Like Reply
Tech We’re Using: Social Media’s Re-engineering Effect, From Myanmar to Germany 7 Nov 1:23pm Tech We’re Using: Social Media’s Re-engineering Effect, From Myanmar to Germany
When Facebook, YouTube and others use algorithms to keep us engaged, there can be unintended consequences. Max Fisher, his tools in a trusty Patagonia bag, covers the trend as one of The Times’s Interpreter columnists.
 Like Reply
How the Democratic House May Shift the Economic Equation 7 Nov 1:08pm How the Democratic House May Shift the Economic Equation
A change in control will block renewed tax-cut initiatives, but there may be room for accord on drug pricing and even stimulus, if the recovery falters.
 Like Reply
7 Nov 12:56pm Wall Street Surges on Relief After Midterms; Tech, Healthcare Rally
U.S. stocks surged on Wednesday as investors piled into technology and healthcare sectors after midterm elections led to a divided Congress and fueled bets that tighter regulations in these sectors would be harder to push through.
 Like Reply
TalkTalk may hang up on £1.5bn broadband deal 7 Nov 12:51pm TalkTalk may hang up on £1.5bn broadband deal
A £1.5bn deal to accelerate the rollout of fast broadband to millions of British homes has stalled amid a valuation dispute between TalkTalk and its prospective infrastructure partner.
 Like Reply
U.S.-China Trade Tensions on Display at Shanghai Expo 7 Nov 12:50pm U.S.-China Trade Tensions on Display at Shanghai Expo
U.S. companies occupy choice real estate at a mega-Chinese trade show but also stand at an uncomfortable intersection: between the China market’s huge opportunity and a U.S. president critical of their investment in it.
 Like Reply
Russian Trolls Were at It Again Before Midterms, Facebook Says 7 Nov 12:31pm Updated Russian Trolls Were at It Again Before Midterms, Facebook Says
The company said Tuesday that it had taken down more than 100 Facebook and Instagram accounts linked to the Internet Research Agency, a troll farm.
 Like Reply
FTSE LIVE: US Democrats regain control of the House of Representatives 7 Nov 12:06pm Updated FTSE LIVE: US Democrats regain control of the House of Representatives
The FTSE 100 closed up 76.60 points at 7117.28 and the pound was at $1.31 against the dollar.
 Like Reply
Michael Kors and Coty shares hit by weak European sales 7 Nov 12:02pm Michael Kors and Coty shares hit by weak European sales
Shares in the fashion firm and cosmetics company plunge after reporting weak sales in Europe.
 Like Reply
Persimmon boss Jeff Fairburn to quit over £75million bonus row 7 Nov 11:41am Updated Persimmon boss Jeff Fairburn to quit over £75million bonus row
Persimmon CEO Jeff Fairburn will stand down from the company on December 31 following a major political row surrounding his £75 million pay and bonus award from the house builder.
 Like Reply
Mari Hulman George, Who Led the Indianapolis Speedway, Dies at 83 7 Nov 11:20am Updated Mari Hulman George, Who Led the Indianapolis Speedway, Dies at 83
She was a longtime chairwoman of the track and the voice that commanded, “Gentlemen, start your engines.”
 Like Reply
John Lewis Partnership chairman stepping down from the group in 2020 7 Nov 11:13am John Lewis Partnership chairman stepping down from the group in 2020
A replacement for Sir Charlie Mayfield, who has held the role of chairman since 2007, is not expected to be announced until the second half of next year.
 Like Reply
5G will let users ditch fixed-line home broadband, says Three 7 Nov 10:49am 5G will let users ditch fixed-line home broadband, says Three
The chief executive of Three UK says UK homes could benefit from giving up their fixed-line connections.
 Like Reply
CBI dismisses link to PR plan for Theresa May Brexit deal 7 Nov 10:16am CBI dismisses link to PR plan for Theresa May Brexit deal
Plan sent to media suggested business body’s chief, Carolyn Fairbairn, would endorse deal The Confederation of British Industry has dismissed reports that it would play a part in a government PR plan to sell a Brexit deal to the public. The business organisation said it had no knowledge of
 Like Reply
Glossier Will See You Now 7 Nov 10:02am Updated Glossier Will See You Now
With a new permanent New York shop, the online beauty brand that could explores a brave new world: offline.
 Like Reply
Wall St rallies despite political gridlock 7 Nov 9:31am Wall St rallies despite political gridlock
Wall Street rallied on Wednesday despite the prospect of political gridlock after the midterm elections.
 Like Reply
Facebook delays UK political advertiser checks 7 Nov 9:18am Facebook delays UK political advertiser checks
Facebook has delayed plans to introduce checks on verifying the identities of political advertisers as part of an initiative to tackle election interference.
 Like Reply
21st Century Fox Posts Higher Profit 7 Nov 9:08am 21st Century Fox Posts Higher Profit
21st Century Fox said its profit rose in its latest quarter, but the company’s cable-network business reported weaker-than-expected sales.
 Like Reply
Breakingviews: The Trade War Left Its Mark on the U.S. Electoral Map 7 Nov 9:02am Breakingviews: The Trade War Left Its Mark on the U.S. Electoral Map
It’s a warning for a party that is usually the champion of free trade to remember its roots.
 Like Reply
Australia Likely to Block Hong Kong Company’s Bid for Gas Pipeline 7 Nov 8:10am Australia Likely to Block Hong Kong Company’s Bid for Gas Pipeline
Citing national security concerns, Australia said it would probably block an effort by CK Group from acquiring the country’s largest gas and pipeline company.
 Like Reply
Mulberry blames high street crisis and House of Fraser woes for loss 7 Nov 7:58am Mulberry blames high street crisis and House of Fraser woes for loss
Sales fall 8% while debts from department store collapse and fewer tourists add to losses The luxury handbag maker
 Like Reply
DealBook Briefing: What the Election Results Mean for Business 7 Nov 7:53am Updated DealBook Briefing: What the Election Results Mean for Business
From market reactions to sighs of relief at social media companies, here’s the early impact of the 2018 midterms.
 Like Reply
Falling food sales hit Marks & Spencer 7 Nov 7:51am Falling food sales hit Marks & Spencer
Retailer considers closing more stores after a weak trading performance over the last six months.
 Like Reply
ITV shares hit the skids as Love Island and X Factor broadcaster suffers drop in advertising sales 7 Nov 7:12am Updated ITV shares hit the skids as Love Island and X Factor broadcaster suffers drop in advertising sales
Blaming 'the increasingly uncertain environment', ITV said it expects its advertising revenues to be down around 3 per cent in the fourth quarter and broadly flat for the year.
 Like Reply
Cambridge college eyes windfall from bank sale 7 Nov 7:11am Cambridge college eyes windfall from bank sale
One of the University of Cambridge’s oldest colleges could reap a windfall worth more than £100m from the sale of a regional bank in which it is a major shareholder.
 Like Reply
Wetherspoons sales still growing strongly but pub chain warns a slowdown is looming  7 Nov 6:25am Wetherspoons sales still growing strongly but pub chain warns a slowdown is looming 
Pub group JD Wetherspoon expects annual results to be weaker than the previous year, despite sales growing 'strongly'.
 Like Reply
John Lewis chairman Sir Charlie Mayfield to step down 7 Nov 6:22am John Lewis chairman Sir Charlie Mayfield to step down
John Lewis Partnership says Sir Charlie Mayfield will depart in 2020 after 13 years in the role.
 Like Reply
Traditional retailers roll back Christmas advertising campaigns 7 Nov 6:11am Traditional retailers roll back Christmas advertising campaigns
ITV says it expects fall of up to 8% in festive advertising spend, prompting fall in share price High street retailers are rolling back on the
 Like Reply
Our downsizing dream RUINED... by soaring service charges 7 Nov 5:56am Updated Our downsizing dream RUINED... by soaring service charges
Retired engineer Walter Wright and his wife Peggy thought they had found the perfect place to downsize in April 2015, but, since then, the fee has risen by almost 70 per cent.
 Like Reply
THE PRUDENT INVESTOR: Can you be sure your pension pot will last if you live to be 100?  7 Nov 5:56am Updated THE PRUDENT INVESTOR: Can you be sure your pension pot will last if you live to be 100? 
Our pensions need to last a long time. If retiring at 65, it’s not so much a case of planning for 20 years as for 35 because, in any couple, there’s a fair chance that one will make it to their late 90s.
 Like Reply
Online estate agent Purplebricks reports a 20% rise in UK sales 7 Nov 5:45am Updated Online estate agent Purplebricks reports a 20% rise in UK sales
Ahead of its interim results published on 13 December, the technology-based estate agency has issued a brief trading update for the six months ending 31 October.
 Like Reply
House of Fraser collapse takes toll on Mulberry 7 Nov 5:30am House of Fraser collapse takes toll on Mulberry
The struggling luxury brand Mulberry has reported a big hit to its bottom line from "one-off costs" including the collapse of House of Fraser.
 Like Reply
Sir Charlie Mayfield to leave John Lewis Partnership in 2020 7 Nov 5:29am Sir Charlie Mayfield to leave John Lewis Partnership in 2020
Search for new boss comes as profits dip amid rising costs and shift towards online shopping The
 Like Reply
Dollar falls and shares surge as markets brace for gridlock after US elections - business live 7 Nov 5:29am Updated Dollar falls and shares surge as markets brace for gridlock after US elections - business live
Donald Trump’s plans for infrastructure spending and tax cuts will be “curtailed” now Democrats control the House of Representatives
 Like Reply
Wetherspoon may raise drink prices to absorb higher wages 7 Nov 5:27am Wetherspoon may raise drink prices to absorb higher wages
Share price drops as chain also announces boss and founder Tim Martin is recovering from a burst appendix
 Like Reply
Lincolnshire farmer trio bags £20million selling independent crisp brand Pipers to US giant Pepsico 7 Nov 5:25am Updated Lincolnshire farmer trio bags £20million selling independent crisp brand Pipers to US giant Pepsico
A Lincolnshire crisp maker that vowed never to supply the UK’s big supermarkets has been sold to US food and drinks group Pepsico for more than £20million.
 Like Reply
Some 124 New Look stores at risk as sales slump but Primark bucks the High St gloom 7 Nov 5:22am Some 124 New Look stores at risk as sales slump but Primark bucks the High St gloom
The fashion retailer said 85 have already closed but more may follow. It previously planned to shut only 60 stores. New Look’s revenues tumbled 4.2 per cent to £656.9m in the 26 weeks to September.
 Like Reply
Amazon fraud epidemic: Customers billed for goods they never ordered 7 Nov 5:22am Updated Amazon fraud epidemic: Customers billed for goods they never ordered
Amazon shoppers who fall victim to fraud are being routinely fobbed off, we can reveal. In worst cases customers are losing thousands of pounds after being charged for orders they have not made.
 Like Reply
Beware the shameless crooks selling copycat Poppy pins and brooches ahead of Remembrance Sunday 7 Nov 5:21am Updated Beware the shameless crooks selling copycat Poppy pins and brooches ahead of Remembrance Sunday
Every year opportunistic fraudsters flog copycat poppy pins and larger brooches, scarves and jewellery to cash in on the charitable cause.
 Like Reply
House price growth at its slowest for five years, Halifax says 7 Nov 5:20am House price growth at its slowest for five years, Halifax says
Sellers are realising first offer they receive could well be their only one, analyst says Annual house price growth has fallen to its lowest rate in more than five years, according to Halifax. Across the UK, house prices increased by 1.5% annually in October, following a 2.5% annual increase in September, Halifax said.
 Like Reply
Why a bank merger may risk your cash 7 Nov 5:02am Updated Why a bank merger may risk your cash
Under the Financial Services Compensation Scheme, savers are guaranteed to get the first £85,000 of their savings back in the unlikely event that their bank or building society collapses.
 Like Reply
Daylight robbery! The petty excuses insurers increasingly use to wriggle out of burglary claims 7 Nov 4:56am Updated Daylight robbery! The petty excuses insurers increasingly use to wriggle out of burglary claims
November is typically the busiest month for burglary claims, according to recent research. But many insurers are using the small print in their policies to try to avoid paying up.
 Like Reply
House prices rise at slowest pace since April 2013, says Halifax 7 Nov 4:51am Updated House prices rise at slowest pace since April 2013, says Halifax
Britain’s biggest mortgage lender Halifax said house prices were up just 1.5 per cent annually in October – down from the 2.5 per cent figure recorded in September.
 Like Reply
VICTORIA BISCHOFF: Scrap this sneaky new death tax 7 Nov 4:33am Updated VICTORIA BISCHOFF: Scrap this sneaky new death tax
Under plans slipped out on Monday, the cost of getting probate — the legal authority to manage someone's estate — will soar from £215 to as much as £6,000 next April.
 Like Reply
How matching Gucci clothing worn by Beyonce and her daughter sent shoppers flocking to ...Primark!  7 Nov 4:31am Updated How matching Gucci clothing worn by Beyonce and her daughter sent shoppers flocking to ...Primark! 
Beyonce and her daughter Blue Ivy (pictured) posed in matching floral dresses – in a ‘twinning’ trend which has proved a moneyspinner for high street giant Primark.
 Like Reply
ASK TONY:  Scottish Power are taking unauthorised money from my account... on top of my bills! 7 Nov 4:27am Updated ASK TONY:  Scottish Power are taking unauthorised money from my account... on top of my bills!
Can you put a halt to Scottish Power taking an unauthorised £85.51 from my bank account every other month? It has happened three times, the first one in March.
 Like Reply
Boeing warns airlines after Indonesia crash 7 Nov 4:27am Boeing warns airlines after Indonesia crash
Boeing has issued a warning to airlines using its 737 MAX planes after a sensor failure was identified as a potential cause of the crash of a passenger flight near Indonesia.
 Like Reply
Nottingham BS pulls top 1.55% eSaver deal after just 48 hours after massive demand 7 Nov 4:25am Updated Nottingham BS pulls top 1.55% eSaver deal after just 48 hours after massive demand
The top easy-access account rate is now 1.5 per cent from Marcus by Goldman Sachs. This includes a 0.15 per cent bonus paid for the first 12 months.
 Like Reply
Sir Charlie Mayfield to head for John Lewis exit 7 Nov 4:17am Sir Charlie Mayfield to head for John Lewis exit
The John Lewis Partnership is hunting a new chairman after it was revealed Sir Charlie Mayfield is to step down in 2020.
 Like Reply
Marks & Spencer sales continue to fall 7 Nov 3:24am Marks & Spencer sales continue to fall
The retailer reports lower sales for food as well as clothing in the six months to September.
 Like Reply
Mediator: Sean Hannity Erased a Line by Taking the Stage With Trump 7 Nov 3:19am Updated Mediator: Sean Hannity Erased a Line by Taking the Stage With Trump
A vague statement of disapproval from Fox News did not conceal how the network’s biggest star has gone from pundit to political player.
 Like Reply
Why Only Some Workers Get Time Off to Vote on Election Day 7 Nov 3:19am Updated Why Only Some Workers Get Time Off to Vote on Election Day
Time-off policies are determined mostly by states and private companies. Can they help the millions of Americans who say they are too busy to vote?
 Like Reply
New blow for Marks & Spencer as clothing and food sales dip 7 Nov 3:14am New blow for Marks & Spencer as clothing and food sales dip
CEO Steve Rowe blames ageing customer base, too wide a range of goods, weak supply chain and tired stores
 Like Reply
Norfolk poultry firm had £40m debts before sale 7 Nov 3:13am Norfolk poultry firm had £40m debts before sale
Creditors left owed millions after Banham Poultry sale last month.
 Like Reply
Marks and Spencer sales continue to fall 7 Nov 3:03am Updated Marks and Spencer sales continue to fall
The retailer reports falling clothing and food sales over the six months to the end of September.
 Like Reply
Persimmon boss asked to leave amid ongoing outrage over bonus 7 Nov 2:48am Persimmon boss asked to leave amid ongoing outrage over bonus
Jeff Fairburn’s 29-year career at housebuilder to end after £75m payout damaged firm’s reputation Jeff Fairburn, the controversial chief executive of housebuilder Persimmon, has been asked to leave the company, which said the ongoing outrage over his £75m bonus payout had become a “distraction” and had damaged the firm’s reputation. The decision brings to an end Fairburn’s 29-year career at Persimmon as the housebuilder seeks to draw a line under the public row over his pay, which has dominated over the past year.
 Like Reply
The Amazon fraud epidemic: More readers billed for goods they never ordered 7 Nov 2:37am Updated The Amazon fraud epidemic: More readers billed for goods they never ordered
Amazon shoppers who fall victim to fraud are being routinely fobbed off, we can reveal. In worst cases customers are losing thousands of pounds after being charged for orders they have not made.
 Like Reply
Persimmon boss pushed out over £75m pay row 7 Nov 2:32am Persimmon boss pushed out over £75m pay row
Persimmon says its chief executive Jeff Fairburn is to leave at the end of the year "at the request of the company" amid a continuing row over £75m in pay awards.
 Like Reply
San Francisco Approves Business Tax to Fund Homeless Services 7 Nov 2:20am San Francisco Approves Business Tax to Fund Homeless Services
The city’s tech elites were divided over the initiative, which is seen as an effort to hold their companies accountable for exacerbating the local housing crisis.
 Like Reply
In China, Bill Gates Encourages the World to Build a Better Toilet 7 Nov 1:18am Updated In China, Bill Gates Encourages the World to Build a Better Toilet
The Microsoft co-founder’s Reinvented Toilet Expo featured innovative approaches to a global problem — the fact that billions have no access to safe sanitation.
 Like Reply
Wary Networks Dawdled on House Call, Until Fox News Led the Way 7 Nov 1:13am Updated Wary Networks Dawdled on House Call, Until Fox News Led the Way
Early on, CNN’s Van Jones called it a “heartbreaking” night for liberals. Then came a bold projection from an unlikely source.
 Like Reply
After Iran Sanctions, U.S. Faces a Huge Task: Compliance 7 Nov 1:06am After Iran Sanctions, U.S. Faces a Huge Task: Compliance
Most Western companies and banks pulled out of Iran ahead of new Trump administration sanctions. But the rest of the world may be more difficult for American officials to convince.
 Like Reply
Wanted: radical economist to boost UK economy. Cash prize: £150k 7 Nov 1:01am Wanted: radical economist to boost UK economy. Cash prize: £150k
IPPR launches world’s third biggest economics prize looking to restart UK growth One of the biggest cash prizes in world economics has been launched to find “radical ideas” to reinvigorate the British economy. Launched against a backdrop of deep public distrust in politicians to revitalise the UK economy, the Institute for Public Policy Research (IPPR) thinktank has lined up an £150,000 prize fund to uncover fresh ideas.
 Like Reply
PayPal snubbed me after a fraudster shut my account 7 Nov 12:59am PayPal snubbed me after a fraudster shut my account
Online bank offered a refund, but then said it couldn’t help as I didn’t have a PayPal account
 Like Reply
On the top

Date settings

Today is Monday, November 19, 2018

+ 1 -
+ 1 -
+ 2016 -

Close

By using our website, you agree to the use of cookies as described in our cookie policy.

Accept