BUSINESS NEWS
- ● China Evergrande Continues Fall as S&P Warns of Likely Default... Read more »
Published: September 21, 2021 - 4:38 am
- Senate Parliamentarian Says What We All Know to Be True
A change to immigration law clearly falls under the definitions in the Byrd rule on what is extraneous to budget reconciliation.... Read more »
Published: September 20, 2021 - 8:26 pm - Who’s Rich Enough to Pay Higher Tax Rates, According to Democrats?
AOC denies that she means to include doctors in her category of rich people, but ‘physician’ is the most common job held by people in the top 1 percent of income.... Read more »Published: September 20, 2021 - 6:48 pm - A national model? How Virginia is improving landlord-tenant relations.
After being exposed for having one of the highest eviction rates in the country, Virginia has passed a number of laws with protections for tenants.... Read more »
Published: September 20, 2021 - 6:37 pm - Senator Sinema to Nancy Pelosi: Break Your Word on Infrastructure, and I’m Out
Sinema reportedly has told Joe Biden that she’s aware of the game being played by Nancy Pelosi and Chuck Schumer.... Read more »Published: September 20, 2021 - 11:42 am - An Explainer
Ezra Klein claims that the words ‘supply side’ will ‘summon the ghost of Arthur Laffer.’... Read more »Published: September 20, 2021 - 11:25 am - Will Tens of Millions of New Monthly Benefit Checks Be Joe Biden’s Legacy?
If so, prepare for even more calls for expanded welfare.... Read more »Published: September 20, 2021 - 10:30 am - Liquor-License Rules Are Crippling Restaurants at the Worst Possible Time
Now is not the time to hammer food establishments trying to crawl out of the pandemic.... Read more »Published: September 19, 2021 - 10:30 am - Pandemic took bite out of US economy. Yet millions escaped poverty.
More than 17 million Americans avoided poverty in 2020 thanks to pandemic relief programs, according to a new Census report.... Read more »Published: September 17, 2021 - 7:21 pm - Apple and Google Bow to Putin
The tech giants removed an app that was being used by Vladamir Putin political opponents.... Read more »Published: September 17, 2021 - 5:43 pm
- ● Stanford Neuroscientist Reveals 1 Odd Question That Exposes Your Odds Of Success
Say what you want about New York, but what you say about it says a lot about you.... Read more »
Published: September 21, 2021 - 5:26 am - ● JP Morgan launches Chase in Britain: Is its current account good?
Chase, which serves 60m households in the US, has today launched a current account in Britain. We take a look at what it is offering and whether it can be a smash.... Read more »
Published: September 21, 2021 - 4:59 am - Shrunken not stirred: The £108,000 electric baby 007 Aston Martin
For budding young James Bonds of all ages who want to emulate their hero in a 'baby' Aston Martin, engineers have created a scaled down fully working electric-powered replica of 007's most iconic car.... Read more »Published: September 20, 2021 - 11:12 pm - ALEX BRUMMER: Return of instability amid turmoil in the energy market
In seeking the best of all worlds in the shape of a decarbonised economy, a free and competitive marketplace for gas and electricity and low prices, the UK has created the ultimate instability.... Read more »Published: September 20, 2021 - 10:12 pm - Pimlico Plumber boss Charlie Mullins set for £100m windfall
Mullins. 68. (pictured) who often makes headlines for voicing his outspoken views, founded Pimlico Plumbers in 1979. It has since expanded to boast annual sales of £50m.... Read more »Published: September 20, 2021 - 9:18 pm - Debt crunch at Chinese property giant Evergrande sparks market panic
Evergrande, a builder of upmarket flats, saw its shares crash to an 11-year low on the Hong Kong Stock Exchange amid concerns that the group could default on its loans.... Read more »Published: September 20, 2021 - 9:18 pm - 'Stagflation' threat puts heat on Bank of England's rate decision
The rate-setting Monetary Policy Committee is set to announce the results of its September meeting Thursday but disappointing economic data combined with rising inflation are causing furrowed brows.... Read more »Published: September 20, 2021 - 9:18 pm - Astra boss ditches UK expansion plan as row with Government escalates
The row was triggered by the Government's decision to order booster jabs from Pfizer. Chief exec Pascal Soriot (pictured) 'threw his toys out of the pram' after the decision, according to a Government source.... Read more »Published: September 20, 2021 - 9:16 pm - Prudential tumbles as it turns to Hong Kong in £2.1bn equity drive
Prudential stock slipped 8.4 per cent as it said it would sell new shares worth up to 5 per cent of the company. The massive equity raise has sparked questions over Prudential's commitment to the UK.... Read more »Published: September 20, 2021 - 9:16 pm - Supply chain chaos is a recipe for rising prices, says Finsbury Foods
Finsbury Food Group said that it 'continues to face headwinds' as it recovers from the coronavirus pandemic, although the company insisted that it would adapt 'no matter the circumstances'.... Read more »Published: September 20, 2021 - 9:16 pm - Boost for City as 'Eurowag and Snowfox prepare for London IPOs
The potential listings are a fresh sign that the City's listings market remains red-hot. Other firms that have made their debuts this year include Deliveroo, Darktrace, Moonpig, Dr Martens and Alphawave.... Read more »Published: September 20, 2021 - 9:15 pm - MARKET REPORT: Centrica heats up as it takes on new customers
The firm was one of the top risers in the FTSE 250, up 4.6 per cent, or 2.3p, at 53p as it said it will be taking on the former customers of People's Energy, a smaller... Read more »Published: September 20, 2021 - 9:15 pm - Pennsylvania Business Owner Being Forced to Pay Back PPP Loan Because Bank Overextended
A small Pennsylvania business is being forced to pay back part of the PPP loan it received from PNC Bank after it was forgiven.... Read more »
Published: September 20, 2021 - 7:30 pm - Somero Enterprises rides the e-commerce boom as demand for warehouse space rockets
Somero Enterprises is a former stock market star that has emerged from a sticky patch to regain former glories. The firm is a manufacturer of laser-guided equipment used to level concrete.... Read more »Published: September 20, 2021 - 7:11 pm - Watch: Everlane Founder Michael Preysman on Leading a Mission-Driven Brand
The CEO of the cult-fashion favorite discusses the benefits--and challenges--of building a company that's open with its customer and leading an organization in a way that's consistent with its lofty ideals.... Read more »Published: September 20, 2021 - 6:54 pm - Important Talent Strategy Considerations For StartupsTalent is one of the defining features that separate your company from your competitors. Investing in your talent strategy is worth it. The post Important Talent Strategy Considerations For Startups appeared first on Young Upstarts.... Read more »
Published: September 20, 2021 - 6:30 pm - Risky bidding? Porsche 928 from Risky Business sells for world record $1.98m
Hagerty, which specialises in valuing collectible motor cars, says a 'concours' (meaning it is in such a condition it could be displayed in a museum) 928 today is worth an average of £30,600.... Read more »Published: September 20, 2021 - 5:21 pm - One-owner 1971 Iso Grifo garaged for the last 47 YEARS sells for £345k
The 1971 Iso Grifo, which is one of three ever built and has fewer than 21,000 miles on the clock, went under the hammer at the Goodwood Revival austion sale.... Read more »Published: September 20, 2021 - 3:14 pm - Ted Lasso and Your Next Company's Billion-Dollar Story
Learn how episodic storytelling can point you to your ultimate end game.... Read more »Published: September 20, 2021 - 3:00 pm - British Gas takes People's Energy's customers and EDF Utility Point's
British Gas has taken on 350,000 customers from People's Energy after the firm collapsed last week.... Read more »Published: September 20, 2021 - 2:41 pm
- ● : Jeff Bezos pledges $1 billion toward preserving 30% of Earth’s land and sea
Jeff Bezos on Monday pledged to give $1 billion to global conservation efforts, as part of a $10 billion effort to battle climate change.... Read more »
Published: September 21, 2021 - 3:34 am - ● Market Extra: Will Evergrande be China’s ‘Lehman moment’? Wall Street says noPublished: September 21, 2021 - 2:15 am
- ● The Moneyist: My recently widowed father, 68, met a woman on Facebook — and sent her bitcoin so they could meetPublished: September 21, 2021 - 12:04 am
- ● The Moneyist: I’ve always worked for what I have, but married into money. My in-laws want to buy us a house and luxury car — the fights are endlessPublished: September 21, 2021 - 12:03 am
- ● Mark Hulbert: One hopeful sign for hard-hit stocks: S&P 500 is below its 50-day moving averagePublished: September 21, 2021 - 12:01 am
- Outside the Box: Evergrande crisis and the U.S. debt-ceiling showdown could give stock investors a buying opportunityPublished: September 20, 2021 - 11:50 pm
- The Tell: Fixed-income markets ‘holding up OK,’ TwentyFour portfolio manager says, as Evergrande sparks stock selloffPublished: September 20, 2021 - 11:18 pm
- Market Extra: The Wall Street debt machine pauses as China’s property woes rattle stocks, crypto, memes and morePublished: September 20, 2021 - 11:03 pm
- Surge in UK job vacancies driven by low-paying work, says IFSReport says employment opportunities still 30% below usual level for almost three-quarters of the workforceBritain’s worst labour market shortages in decades are being driven by employers struggling to recruit low-paid workers, research suggests, while vacancies in... Read more »
Published: September 20, 2021 - 11:01 pm - What's Worth Streaming: Here’s what’s new on Hulu in October 2021 — and what’s leavingPublished: September 20, 2021 - 10:36 pm
- Watercress and Welsh lamb breed added to UK protected foods listProducts join post-Brexit scheme created to protect British foods, which is not recognised in EUThe UK has added a breed of Welsh lamb and watercress to its new protected food category scheme, set up to protect... Read more »Published: September 20, 2021 - 9:30 pm
- Kwarteng’s energy crisis assurance ignores cost of small suppliers failing | Nils PratleyPersuading larger companies to take on customers could quickly become expensiveCompetition will survive in the retail energy market and there will be no return to the “cosy oligopoly” of the past, said Kwasi Kwarteng, attempting to... Read more »Published: September 20, 2021 - 6:43 pm
- The Guardian view on an energy price shock: a crisis in the makingRising gas prices in a climate emergency is not the time for the rigid application of free-market principlesThere is a level of government complacency about energy price shocks. Ministers think the best course of action is... Read more »Published: September 20, 2021 - 5:56 pm
- Global markets fall sharply despite boost from US plan to relax Covid travelConcerns grow over rising inflation and possible contagion in China’s property market from debt-stricken developer EvergrandeCoronavirus – latest updatesSee all our coronavirus coverageGlobal financial markets have fallen sharply amid concern over rising inflation and the threat... Read more »Published: September 20, 2021 - 5:47 pm
- Electronic Arts completes $1.4bn deal to buy UK video games maker PlaydemicBritish company known for its Golf Clash franchise is latest to be snapped up by the California-based firmElectronic Arts has completed the $1.4bn (£1.04bn) deal to buy Playdemic, the mobile games maker known for its Golf... Read more »Published: September 20, 2021 - 5:04 pm
- UK staff to gain right to request flexible working from day onePlan to make employers respond more quickly to requests and explain reasons for refusals under proposalsEmployees will have the right to request flexible working from the moment they start a job, with companies obliged to explain... Read more »Published: September 20, 2021 - 4:55 pm
- 'No question of lights going out this winter,' says Kwasi Kwarteng – videoNo 10 has dismissed the idea that there could be a winter of discontent with energy and food shortages over Christmas, saying the UK is 'highly resilient'. With the government locked in talks with energy suppliers... Read more »Published: September 20, 2021 - 4:34 pm
- No 10 dismisses ‘alarmist’ warnings of lights going out amid energy crisis talksBusiness secretary says energy price cap to protect consumers from sharp rises in bills ‘will remain in place’No 10 has brushed off the idea that there could be a winter of discontent with energy and food... Read more »Published: September 20, 2021 - 4:15 pm
- Poland vows to keep coalmine open despite €500,000-a-day ECJ fineWarsaw argues suspension of operations at Turów on Czech border would put its energy security at riskPoland’s rightwing government has said it will continue to mine coal on its border with the Czech Republic despite being... Read more »Published: September 20, 2021 - 4:08 pm
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