UK borrowing hits highest December level on record
UK borrowing hits highest December level on record
💬www.bbc.co.uk | Friday, Jan 22, 2021 09:14 am

Government borrowing hit £34.1bn last month, as the cost of pandemic support measures weighed on the economy.


Brexit: Retailers warn they could burn goods stuck in EU
Brexit: Retailers warn they could burn goods stuck in EU
💬www.bbc.co.uk | Friday, Jan 22, 2021 01:59 am

UK retailers may abandon goods EU customers want to return because it is cheaper than bringing them home.


Record number of NYC eateries sign up for Restaurant Week
Record number of NYC eateries sign up for Restaurant Week
💬nypost.com | Thursday, Jan 21, 2021 11:25 pm

Restaurant Week will get participation from a record 571 eateries in all five boroughs of the Big Apple when it kicks off next week, according to the city’s tourism bureau.  It will be the first time the decades-old promotion will be a take-out only event — dubbed “Restaurant Week To Go” this year — due...


Hedge-fund tycoon says investors are like frogs slowly boiling in a pot
Hedge-fund tycoon says investors are like frogs slowly boiling in a pot
💬nypost.com | Thursday, Jan 21, 2021 11:23 pm

If you start to feel warm — with a sudden urge to hop out of the stock market — there might be a reason for that. A prominent hedge-fund tycoon said investors are like frogs who are getting slowly boiled in a pot as he warned of the risks of easy money from the US...


Marmite maker Unilever to insist suppliers pay 'living wage'
Marmite maker Unilever to insist suppliers pay 'living wage'
💬www.bbc.co.uk | Thursday, Jan 21, 2021 10:09 am

Unilever says that by 2030 suppliers must pay staff enough to cover a family's basic needs.


Brexit: 'I was asked to pay an extra £82 for my £200 coat'
Brexit: 'I was asked to pay an extra £82 for my £200 coat'
💬www.bbc.co.uk | Thursday, Jan 21, 2021 09:32 am

Shoppers buying items from Europe now have to pay customs or VAT charges on those above a certain value.


In a pandemic raged economy, it’s buying time in the NYC real estate market
In a pandemic raged economy, it’s buying time in the NYC real estate market
💬nypost.com | Thursday, Jan 21, 2021 04:05 am

Even in today’s historically-worst commercial property market, things are not everywhere and always at their worst. Companies are still moving and growing. Here are some just-completed transactions that reveal a pulse beneath the surface.  In a sign of life for the luxury retail scene, glam jeweler Graff has exercised its option to buy one of...


Wall Street hits all-time high, Biden breaks Hoover’s record for stock gains
Wall Street hits all-time high, Biden breaks Hoover’s record for stock gains
💬nypost.com | Wednesday, Jan 20, 2021 11:15 pm

US stocks closed at record highs Wednesday as Joe Biden was sworn in as the 46th president — with the new commander-in-chief setting a record for stock gains between his election and his inauguration. The benchmark S&P 500 index rallied 1.4 percent to a record close of 3,851.85, finishing 14 percent higher on Inauguration Day than...


Inflation: Cost of living up despite Covid Christmas curbs
Inflation: Cost of living up despite Covid Christmas curbs
💬www.bbc.co.uk | Wednesday, Jan 20, 2021 11:06 am

The UK inflation rate jumps to 0.6% in December from 0.3% in November, led by higher transport costs.


Barstool Sports’ Dave Portnoy is a pub saver amid COVID-19
Barstool Sports’ Dave Portnoy is a pub saver amid COVID-19
💬nypost.com | Wednesday, Jan 20, 2021 04:08 am

The web provocateur has spent the last month leveraging his star power to raise tens of millions for mom-and-pop shops struggling to survive the pandemic.


Netflix tops 200 million subscribers at end of 2020
Netflix tops 200 million subscribers at end of 2020
💬nypost.com | Wednesday, Jan 20, 2021 12:02 am

Netflix’s video streaming service has surpassed 200 million subscribers for the first time as its expanding lineup of TV series and movies continues to captivate people stuck at home during the ongoing battle against the pandemic. The subscriber milestone highlighted Netflix’s fourth-quarter results released Tuesday. The service added another 8.5 million subscribers during the October-December...


'My boss made me come to work and I caught Covid'
'My boss made me come to work and I caught Covid'
💬www.bbc.co.uk | Tuesday, Jan 19, 2021 01:09 am

Despite the risks, people say they are being asked to work on site when they could do it from home.


Depop: 'I felt so violated when my account was hacked'
Depop: 'I felt so violated when my account was hacked'
💬www.bbc.co.uk | Tuesday, Jan 19, 2021 01:07 am

Hackers are selling Depop app account details on the dark web for as little as 77p each online.


On Park Avenue, a $1 billion tower is set to soar
On Park Avenue, a $1 billion tower is set to soar
💬nypost.com | Tuesday, Jan 19, 2021 12:11 am

It’s stepping-out time for 425 Park Ave., the 47-story, Norman Foster-designed office tower crowned by a trident of sky-piercing, 136-feet-tall illuminated fins. More than five years since the groundbreaking, L&L Holding Co.’s $1 billion gamble on Park Avenue’s future just received its temporary certificate of occupancy from the Department of Buildings. It allows Ken Griffin’s...


Millions in COVID relief loans given to vitamin sellers flagged by feds
Millions in COVID relief loans given to vitamin sellers flagged by feds
💬nypost.com | Monday, Jan 18, 2021 07:59 pm

A trio of supplements sellers snagged millions in coronavirus relief loans last spring — all within weeks of getting dinged by the feds for questionable claims about their products, The Post has learned. The vitamin marketers joined the rush for Paycheck Protection Program aid in early 2020, even as their sales reps angled to cash...


EasyJet Holidays sees summer bookings surge 250%
EasyJet Holidays sees summer bookings surge 250%
💬www.bbc.co.uk | Monday, Jan 18, 2021 07:58 pm

'People want to go on holiday,' says the airline's boss, as bookings for this summer rise sharply.


Richard Branson’s Virgin Orbit launches first rocket into space
Richard Branson’s Virgin Orbit launches first rocket into space
💬nypost.com | Monday, Jan 18, 2021 07:28 pm

British billionaire Richard Branson's satellite-launching company successfully sent a rocket into space for the first time Sunday, following a failed attempt last year.


Next in race to buy Topshop owner Arcadia as bid deadline nears
Next in race to buy Topshop owner Arcadia as bid deadline nears
💬www.bbc.co.uk | Monday, Jan 18, 2021 01:28 pm

A consortium including the fashion chain wants to buy the Arcadia group out of administration.


Brexit: 'Putting UK, not GB, delayed my fish for 24 hours'
Brexit: 'Putting UK, not GB, delayed my fish for 24 hours'
💬www.bbc.co.uk | Monday, Jan 18, 2021 02:10 am

New trading rules are causing problems for some firms, creating backlogs and uncertainty.


BT faces £600m lawsuit over 'historical overcharging'
BT faces £600m lawsuit over 'historical overcharging'
💬www.bbc.co.uk | Monday, Jan 18, 2021 01:39 am

A group of pensioners seek compensation for what they say was the excessive pricing of landlines.


Chairman of embattled satellite operator accused of insider trading
Chairman of embattled satellite operator accused of insider trading
💬nypost.com | Sunday, Jan 17, 2021 09:41 pm

The chairman of satellite operator Intelsat is being sued for insider trading in an explosive new shareholder lawsuit that also dings private-equity giants BC Partners and Silver Lake Partners, a New York Knicks shareholder. The Oakland, Calif., federal court lawsuit claims that David McGlade, Intelsat’s chairman and former CEO, sold stock in the satellite operator...


Covid: Airport support scheme to open in England
Covid: Airport support scheme to open in England
💬www.bbc.co.uk | Sunday, Jan 17, 2021 03:04 am

The government is aiming to provide grants by April to mitigate the impact of Covid travel rules.


Airline industry needs up to another $80bn to survive pandemic
Airline industry needs up to another $80bn to survive pandemic
💬www.bbc.co.uk | Sunday, Jan 17, 2021 02:56 am

The world's airlines need another $70-$80bn of government aid to get through the pandemic, the industry says.


WhatsApp delays rollout of new privacy policy after backlash
WhatsApp delays rollout of new privacy policy after backlash
💬nypost.com | Friday, Jan 15, 2021 11:34 pm

WhatsApp is delaying the rollout of its upcoming privacy rules amid growing backlash from users over how their data will be shared with parent company Facebook. Users in recent days have been fleeing WhatsApp in droves over fears that the app would suspend access to their accounts if they did not agree to the new...


Google may face 4th government lawsuit over its business practices
Google may face 4th government lawsuit over its business practices
💬nypost.com | Friday, Jan 15, 2021 11:25 pm

State attorneys general are planning another lawsuit against Google, this one focused on the search and advertising giant’s Play Store for Android phones, according to two sources familiar with the matter. The lawsuit is expected to be filed in February or March, the sources said, and it would follow complaints about Google’s management of its Play Store even though the company was originally seen as...


Joanna Lumley 'shocked' at claims disabled workers unpaid
Joanna Lumley 'shocked' at claims disabled workers unpaid
💬www.bbc.co.uk | Friday, Jan 15, 2021 11:01 pm

Sir Iain Duncan Smith and Joanna Lumley speak out about employees allegedly owed a total of £200,000.


UK economy shrank by 2.6% in November
UK economy shrank by 2.6% in November
💬www.bbc.co.uk | Friday, Jan 15, 2021 09:23 am

The economy contracted as lockdown restrictions in England hit the service sector hard, official figures show.


Brexit: No plans to dilute workers' rights, minister says
Brexit: No plans to dilute workers' rights, minister says
💬www.bbc.co.uk | Friday, Jan 15, 2021 08:54 am

It comes after reports that protections including the 48-hour work week could be dropped.


Parler urges federal judge to order Amazon to restore its platform
Parler urges federal judge to order Amazon to restore its platform
💬nypost.com | Thursday, Jan 14, 2021 09:15 pm

Parler on Thursday urged a US judge to order Amazon to restore the company’s account, saying Amazon had no evidence the social media platform was used to incite last week’s storming of the Capitol. At a hearing in Seattle federal court, Parler’s lawyer David Groesbeck said the company would suffer irreparable harm if forced to close and...


Petco valued at over $5B after Nasdaq debut
Petco valued at over $5B after Nasdaq debut
💬nypost.com | Thursday, Jan 14, 2021 09:00 pm

Shares of Petco rose in their market debut on Thursday, giving the pet retailer a market capitalization of $5.69 billion. The company’s shares opened at $26, 44.4 percent above its initial public offering (IPO) price of $18 per share. Petco offered 48 million shares and raised $864 million in its IPO. Petco’s debut comes in a week that...