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EasyJet rejects Wizz Air takeover approach amid £1.2bn fundraising push

  • Sept. 9, 2021, 6:42 p.m.
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EasyJet has rejected a takeover approach from rival Wizz Air and is launching a £1.2bn fundraiser to see it through a slow recovery from the coronavirus pandemic. The budget airline said it had “rece

via www.theguardian.com

U.S. labor market recovery on track as weekly jobless claims near 18-month low

  • Sept. 9, 2021, 3:42 p.m.
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Summary Weekly jobless claims fall 35,000 to 310,000 Continuing claims drop 22,000 to 2.783 million At least 11.930 million on benefits under all programs WASHINGTON, Sept 9 (Reuters) - The number

via www.reuters.com

Costa Coffee gives staff 5% pay rise as it looks to recruit 2,000 workers

  • Sept. 9, 2021, 1:42 p.m.
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Costa Coffee is increasing pay for its 14,500 shop workers by 5%, as it looks for 2,000 more staff before Christmas. The company, which was bought out by Coca-Cola in 2018, said that from 1 October a

via www.theguardian.com

Ukraine is the latest country to legalize bitcoin, as the cryptocurrency slowly goes global

  • Sept. 9, 2021, 12:42 p.m.
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Ukraine is the fifth country in as many weeks to lay down some ground rules for the cryptocurrency market, a sign that governments around the world are realizing that bitcoin is here to stay. In a ne

via www.nbcnews.com

“Failure is not a crime,” Theranos founder’s lawyers tell jury

  • Sept. 9, 2021, 8:42 a.m.
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Elizabeth Holmes’ failure to make her blood-testing technology startup Theranos a viable business was not a crime, her lawyers told a federal jury on Wednesday, at the beginning of a closely watched t

via arstechnica.com

Amazon complains Elon Musk's companies don't play by the rules

  • Sept. 9, 2021, 7:42 a.m.
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Amazon's response to SpaceX's FCC filing, which accused the e-commerce giant of trying to delay proposals for its Starlink internet service on purpose, is just as scathing. In an FCC filing of its own

via www.engadget.com

Property market rocked as Evergrande struggles to repay $300bn debts

  • Sept. 9, 2021, 7:42 a.m.
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Shares in the embattled Chinese property giant Evergrande have slumped again after two credit downgrades in as many days amid concerns that it will default on parts of its massive $300bn debt pile. E

via www.theguardian.com

Ai Weiwei: Credit Suisse closed bank account over China

  • Sept. 8, 2021, 4:42 p.m.
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"The bank informed me that it was terminating my account in Switzerland. They did this, they wrote, in accordance with a new policy of closing all accounts with people who have had criminal records. T

via www.bbc.co.uk

The top 1 percent are evading $163 billion a year in taxes, the Treasury finds.

  • Sept. 8, 2021, 1:42 p.m.
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WASHINGTON — The wealthiest 1 percent of Americans are the nation’s most egregious tax evaders, failing to pay as much as $163 billion in owed taxes per year, according to a Treasury Department report

via www.nytimes.com

US job openings hit another record high as the labor shortage charged into July

  • Sept. 8, 2021, 11:42 a.m.
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US job openings rose to 10.9 million from 10.2 million in July, according to JOLTS data out Wednesday. The print exceeded the estimate for 10 million openings and marked a fifth straight record high.

via www.businessinsider.com

Chinese investors pour $1 billion into BlackRock's new fund

  • Sept. 8, 2021, 10:42 a.m.
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New Delhi (CNN Business) BlackRock's new investment fund in China — the first owned entirely by a foreign firm — has attracted $1 billion from Chinese investors in its first week. The world's largest

via www.cnn.com

GameStop Fans Face Off Against Earnings Day History of Defeat

  • Sept. 8, 2021, 8:42 a.m.
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(Bloomberg) -- Earnings day hasn’t been kind to GameStop Corp. investors -- and analysts, options trading and recent history suggest Wednesday evening’s won’t likely be any different. Shares of the v

via finance.yahoo.com

Generation Australia partners with Xceptional to employ neurodivergent Australians

  • Sept. 8, 2021, 6:42 a.m.
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Generation Australia, a non-profit education-to-employment pathways provider, has collaborated with Xceptional — a leader in improving job opportunities for neurodivergent Australians — in an Australi

via dynamicbusiness.com

China’s state media tries to reassure investors over crackdown

  • Sept. 8, 2021, 6:42 a.m.
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By Beiyi Seow China’s recent clampdowns on a range of industries including tech firms and the education sector will not detract from its goal of opening up the economy, state media said Wednesday, as

via hongkongfp.com

Trump made fun of Georgia election officials for receiving death threats after they refused to audit the 2020 election results, report says

  • Sept. 8, 2021, 6:42 a.m.
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Trump last year pressured Georgia officials to help him overturn the state's election result. Many of those officials and their families received death threats. Sources told The Daily Beast that Tru

via www.businessinsider.com

This 17-year-old Korean CEO made $1 million in sales this year. Now he's onto his next venture

  • Sept. 8, 2021, 4:42 a.m.
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At just 17 years old, Sukone Hong has realized his entrepreneurial dream by building not one but two businesses. The first, a South Korean fashion brand of which he is CEO, has made over $1 million in

via www.cnbc.com

How to keep your employees from joining the ‘Great Resignation’

  • Sept. 7, 2021, 8:42 p.m.
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Last week, when I wrote about the “Great Resignation,” I knew things were already bad. I mean, Gallup analysts reported almost half of America’s workers were looking for new jobs. I thought most of th

via www.computerworld.com

JCB heir Jo Bamford joins forces with City insider Max Gottschalk to launch £1bn hydrogen investment fund

  • Sept. 7, 2021, 1:42 p.m.
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The heir to the JCB excavators empire, Wright Bus chairman Jo Bamford, confirmed to City A.M. this morning that he has joined forces with multi-family office Vedra Partners to launch HyCap, a new hydr

via www.cityam.com

5 rules to make sure coal-plant buyouts benefit the public, not the big banks

  • Sept. 7, 2021, 8:42 a.m.
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Paying coal plants to shut down would help the climate and save money — if it's done right. Justin Guay is director for global climate strategy at the Sunrise Project. This contributed content repres

via www.canarymedia.com

Xi muffles Chinese consumer boom

  • Sept. 7, 2021, 7:42 a.m.
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People wearing face masks are seen at a main shopping area almost a year after the global outbreak of the coronavirus disease (COVID-19) in Wuhan, Hubei province, China December 6, 2020. Picture taken

via www.reuters.com

El Salvador Buys 400 Bitcoin as Crypto Become Currency Tuesday

  • Sept. 7, 2021, 7:42 a.m.
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The government of El Salvador purchased at least 200 bitcoin recently, ahead of the country officially recognizing bitcoin as a form of legal currency on Tuesday. The purchase brings the government’s

via gizmodo.com

London Metal Exchange’s historic “ring” reopens in the City

  • Sept. 7, 2021, 6:42 a.m.
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O pen outcry trading returned to the City on Monday as brokers resumed bellowing and bartering to set benchmark prices at the London Metal Exchange’s historic “ring”. The return was seen as symbolic

via www.standard.co.uk

California could force Amazon to reveal productivity quotas that critics say limit workers’ bathroom breaks

  • Sept. 7, 2021, 5:42 a.m.
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A California bill, that would require warehouse employers such as Amazon to guarantee restroom breaks, is set to be voted on this week by the state’s senate. The bill, AB-3056, which was earlier pass

via www.independent.co.uk

California Bill Could Alter Amazon Labor Practices

  • Sept. 6, 2021, 8:42 p.m.
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“Terminations for performance issues are rare — less than 1 percent,” Ms. Nantel added. The company faces growing scrutiny of its treatment of workers, including an expected ruling from a regional di

via www.nytimes.com

Morrisons bidding war to be decided in a dramatic auction showdown

  • Sept. 6, 2021, 11 a.m.
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The Morrisons bidding war is set to be decided in a dramatic auction showdown 'within weeks', the Mail understands. The Takeover Panel is expected to begin talks with the two bidders and the Morrison

via www.thisismoney.co.uk

After Covid-19: Former Google Taiwan Director Foresees Super-Unicorn Startups

  • Sept. 6, 2021, 8:42 a.m.
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As COVID-19 wreaked havoc across the globe, putting countless businesses on the brink of collapse, it has also given birth to new business opportunities oriented to remote working. In fact, the pandem

via techtaiwan.com

Ryanair ends talks with Boeing over large 737 Max order

  • Sept. 6, 2021, 7:42 a.m.
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Ryanair has terminated talks on a large order of Boeing 737 Max jets after failing to reach an agreement on price with the US planemaker. The low-cost carrier, which is the largest European customer

via www.theguardian.com

UK workers on returning to the office: ‘No point if I end up doing video calls’

  • Sept. 6, 2021, 7:42 a.m.
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Workers in the UK have gradually been returning to offices in recent weeks, after the lifting of coronavirus restrictions. While many firms have adopted a flexible arrangement that combines remote and

via www.theguardian.com

European banks storing €20bn a year in tax havens

  • Sept. 6, 2021, 7:42 a.m.
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Leading European banks are booking around €20bn (£17bn) a year – equivalent to 14% of their total profits – in tax havens, with Barclays, HSBC and NatWest Group among those enjoying the lowest tax rat

via www.theguardian.com

Carlos Ghosn prepares to turn the tables on his accusers

  • Sept. 6, 2021, 6:42 a.m.
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This is part 1 of a series. While Nissan, Tokyo prosecutors and others continue to doggedly pursue litigation against fugitive ex-auto executive Carlos Ghosn – in Japan, in France and the Netherlands

via asiatimes.com

Shares lifted by prospect of lower rates for longer By Reuters

  • Sept. 6, 2021, 1:42 a.m.
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2/2 © Reuters. FILE PHOTO: A man wearing a protective face mask, following an outbreak of the coronavirus, talks on his mobile phone in front of a screen showing the Nikkei index outside a brokerage i

via www.investing.com

Ikea struggles with supply problems due to driver shortage

  • Sept. 5, 2021, 8:42 p.m.
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She added that the government does not appear to have "the slightest interest in helping us here which I find both incredibly disappointing and galling in equal measure considering this situation is e

via www.bbc.com

Can we rely on CSV files? : ecommerce

  • Sept. 5, 2021, 3:42 p.m.
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Hello there, I'd like to know if CSV files may be trusted. EXPLAINING EXAMPLE: In my Shopify store, I offer items. These are digital items, but that doesn't really important for the purposes of wha

via www.reddit.com

Get ready for a possibly record-breaking rush of IPOs this fall

  • Sept. 5, 2021, 9:42 a.m.
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Exterior view of the New York Stock Exchange and Wall Street on June 2, 2021. Kena Betancur | VIEW press | Corbis News | Getty Images The IPO pipeline this fall is filling up quickly. The IPO market

via www.cnbc.com

How Amazon's cloud business generates billions in profit

  • Sept. 5, 2021, 7:42 a.m.
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In this article AMZN Adam Selipsky, CEO, Tableau Software Scott Mlyn | CNBC Every year since at least 2014, more than half of Amazon's operating profit has come from the online retailer's cloud divi

via www.cnbc.com

Boeing's delivery of new 787 Dreamliners likely delayed until at least late October

  • Sept. 5, 2021, 6:42 a.m.
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Deliveries of Boeing Co.'s 787 Dreamliner will likely remain halted until at least late October as the plane maker has been unable to persuade air-safety regulators to approve its proposal to inspect

via www.foxbusiness.com
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