Business

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Coronavirus: Pools, gyms, team sport and outdoor gigs to return
Posted on July 9, 2020 at 9:07 pm

Restrictions in England are further eased - with beauty businesses also able to reopen on Monday. […]

'I'm furious that we can't reopen'
Posted on July 9, 2020 at 9:03 pm

Beauty salons and gyms in England get a date for reopening, but some beauty treatments remain blacklisted. […]

Coronavirus: John Lewis and Boots to cut 5,300 jobs
Posted on July 9, 2020 at 4:50 pm

A day after the chancellor unveiled a plan to save jobs, two of the UK's biggest retailers announce cuts. […]

Coronavirus: When can I go to the gym, nail salon, tattoo studio or pool?
Posted on July 9, 2020 at 4:48 pm

As lockdown eases, more activities will soon be allowed. […]

Energy firms hit back at Ofgem plan to cut bills
Posted on July 9, 2020 at 3:51 pm

Households could see their energy bills cut by £20 a year under proposals from the regulator. […]

Tax boss questions value of Rishi Sunak's job bonus and meal discount plans
Posted on July 9, 2020 at 2:46 pm

Chancellor Rishi Sunak rejected fears job retention bonus and meal discount are not value for taxpayers. […]

'UK faces mobile blackouts if Huawei 5G ban imposed by 2023'
Posted on July 9, 2020 at 12:40 pm

BT and Vodafone warn that users will face days without a mobile signal if a 2023 ban is imposed. […]

Will I now pay less stamp duty? And other questions
Posted on July 9, 2020 at 12:17 pm

Questions about support bubbles, and other coronavirus topics. […]

Coronavirus: Taxes will rise to pay for virus, IFS think tank warns
Posted on July 9, 2020 at 12:02 pm

The chancellor's huge economic support schemes will have to be paid for via higher taxes, the IFS says. […]

Coronavirus: Asymptomatic testing for taxi drivers and cleaners in England
Posted on July 9, 2020 at 11:46 am

A pilot in England will test people without symptoms working in 'high-contact' jobs. […]

Coronavirus: How much will it cost the UK?
Posted on July 9, 2020 at 6:57 am

The pandemic will cost the government hundreds of billions of pounds. Where will it all come from? […]

Coronavirus: United Airlines to furlough up to 36,000 staff
Posted on July 9, 2020 at 4:18 am

The airline has warned almost half of its frontline US workforce that their jobs are at risk. […]

Loot boxes: I blew my university savings gaming on Fifa
Posted on July 8, 2020 at 11:12 pm

How one teenager spent nearly £3,000 on his "addiction" to video game loot boxes. […]

Aviation and gyms 'ignored' by government
Posted on July 8, 2020 at 11:00 pm

Firms hit back after more UK economy coronavirus support measures announced. […]

Burger King boss warns of UK job cuts
Posted on July 8, 2020 at 10:13 pm

The UK boss of the fast food giant said the chain could cut between 5% and 10% of its staff. […]

Coronavirus: Chancellor Rishi Sunak unveils £30bn plan to save jobs
Posted on July 8, 2020 at 6:34 pm

Chancellor Rishi Sunak cuts VAT on hospitality and offers firms a bonus to keep furloughed staff, in a bid to stop mass unemployment. […]

Ryanair cabin crew agree to temporary pay cut to keep jobs
Posted on July 8, 2020 at 6:27 pm

Crew will accept a temporary pay cut over four years as airlines struggle with coronavirus effects. […]

Chancellor gives diners 50% off on eating out
Posted on July 8, 2020 at 4:59 pm

Chancellor Rishi Sunak has unveiled an "eat out to help out" discount as part of wider measures. […]

Stamp duty holiday: How will it work?
Posted on July 8, 2020 at 4:52 pm

The government has announced changes to stamp duty to help cut costs for anyone buying a home. […]

Coronavirus: Visitors may not see the thrill of VAT cut
Posted on July 8, 2020 at 4:37 pm

Attractions and restaurants may not pass on the chancellor's VAT cut to visitors. […]

Stamp duty holiday: The winners and the losers
Posted on July 8, 2020 at 4:27 pm

The chancellor has announced a stamp duty holiday until next March, pleasing some but angering others. […]

£1,000 bonus 'may not be enough to protect jobs'
Posted on July 8, 2020 at 4:20 pm

Employers and unions say more needs to be done to support firms and protect employment. […]

Summer Statement: Key points at a glance
Posted on July 8, 2020 at 4:07 pm

Rishi Sunak announced his plans to help the economy recover. Here's what you need to know. […]

Rishi Sunak's Summer statement: 'We've been overlooked'
Posted on July 8, 2020 at 2:43 pm

Under-30s have been hardest hit in lockdown, so what did they think of the chancellor's summer update? […]

Coronavirus: What the chancellor's summer statement means for you
Posted on July 8, 2020 at 12:55 pm

How will Rishi Sunak's coronavirus recovery plan affect the money in your pocket? […]



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Hershey Rejects $23 Billion Acquisition Offer From Mondelez
Posted by on June 30, 2016 at 6:43 pm

Updated with additional details. Hershey's business may be looking too sweet to for one fellow food giant to ignore. Shares of the iconic chocolate maker were up 15% to $111.87 in afternoon trading Thursday following a report by The Wall Street Journal that fellow candy giant Mondelez  has made a $23 billion bid in cash and stock, or $107 a share, for the company. Shares of Mondelez were trading up 4.8% to $45.05 on Thursday.  Hershey confirmed the bid, but the company promptly rejected it, noting that its board determined that Mondelez's expression of […]

Tiger Woods Is Falling Apart and so Is Nike Golf
Posted by on June 30, 2016 at 1:10 pm

With a surgically repaired back keeping golf's biggest spectacle Tiger Woods off the links, the Nike golf business he once put on that back is struggling. Nike reported this week that sales at its golf business plunged 8% to $706 million for the fiscal year ended May 31. Excluding the impact of the strong U.S. dollar, sales dropped 6% from the prior year. It was the worst-performing business for Nike in terms of sales last fiscal year. Weak sales for Nike golf -- which represents about 3% of total sales for the apparel and footwear giant -- has now become a recurring theme in recent […]

'Mad Money' Lightning Round: You Should Own General Electric
Posted by on June 30, 2016 at 10:00 am

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener. Here's what Jim Cramer had to say about some of the stocks during the Mad Money Lightning Round Wednesday evening: Dominion Resources : "I think you're fine. You're in good shape." Spark Therapeutics : "They are incredibly speculative. This one makes me uneasy." General Electric : "I think you should own GE." Prospect Capital : "I do not know what they invest in. I say don't buy." Verizon : "I'm not going to recommend it at 52-week highs, but long term it's worth […]

Deutsche Bank, Santander Fall After Another Fed Test Failure
Posted by on June 30, 2016 at 9:56 am

U.S. operations of Deutsche Bank and Santander  have again failed the Federal Reserve's stress test, leaving them unable to send cash back to their European parents and drawing a rebuke from regulators. The results leave Santander Holdings USA with the dubious honor of being the only lender to have failed the tests three years running, while Deutsche Bank Trust Corp tallied up its second failure in a row. Market support for the lenders was already fragile following Britain's decision to leave the EU and the two banks shares reacted predictably to the U.S. failure. Deutsche […]

Obama: Brexit Could Pose Threat to Global Growth
Posted by on June 30, 2016 at 8:03 am

Global growth could be under threat now that the U.K. has voted to leave the European Union, President Barack Obama has said. Speaking at a press conference in Ottawa, Canada, following a summit with the leaders of Canada and Mexico, Obama said, "There are some genuine longer term concerns for global growth if in fact Brexit goes through." He warned that the implications of lower growth "freezes the possibility of investment in Great Britain or in Europe as a whole at a time when global growth rates were weak already, [Brexit] doesn't help." Markets plunged after the result of the […]

Asia Stock Markets Mixed; Fitch Downplays Brexit Impact in Asia Pacific
Posted by on June 30, 2016 at 6:10 am

Green outweighed red among Asian stock leader boards on Thursday as Fitch Ratings underlined the region's relative insulation from the Brexit storm by stating it had no immediate ratings impact on Asia Pacific banks and sovereign debt. The report, which singled Japan out as a potential exception, follows a period of post-Brexit resilience among Chinese stocks. Even before European indices began to rebound on Tuesday, the CSI Composite index had held firm and towards the end of the trading day on Thursday was up 2.4% from its closing price last Thursday, before the outcome of the U.K. […]

Jim Cramer's 'Mad Money' Recap: What a Relief! This Rally Has Legs
Posted by on June 30, 2016 at 12:07 am

Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener. Tuesday was a relief rally, Jim Cramer told his Mad Money viewers Wednesday. Today's move, however, is a welcome change that is also likely permanent. Cramer said sometimes investors are willing to pay a higher price today because yesterday's price was just too low. That was certainly the case today in several sectors, where investors were re-evaluating what stocks are actually worth. Indeed, the markets have all but forgotten about Brexit, expect to note that thanks to Britain's poor […]

Where to Invest Now? How About Multi-Family Real Estate?
Posted by on June 29, 2016 at 10:21 pm

With all that's going on in the world from Brexit to Zika, U.S. investors may want to consider keeping their money at home in multi-family real estate projects.   But not necessarily in publicly traded real estate investment trusts.   " Buying real estate is better done on a direct basis," said Eric Jones, chief investment officer of Dome Equities. "Public REITs are too correlated to the public market and interest rates in particular.   Jones spent 11 years at Citibank and GE Capital prior to joining Dome Equities. While at Citibank, Jones spent two years […]

Walmart Takes on Amazon Prime; Facebook Shakes Up Its News Feed -- Tech Roundup
Posted by on June 29, 2016 at 9:24 pm

In a challenge to Amazon.com Prime, Walmart said on Wednesday that it will offer a 30-day trial of ShippingPass, its two-day, unlimited shipping service. "Starting today, we're offering a free 30-day trial of ShippingPass, which gives you unlimited two-day shipping," said Fernando Madeira, CEO of Walmart.com U.S., in a release. "If you already have ShippingPass, there's also good news -- we're going to give you an extra month for free. ShippingPass is about half the price of similar programs out there at just $49 a year, and customers who are using it, love it. They shop on […]

Jim Cramer -- Buy Some Constellation Brands Before, After Earnings
Posted by on June 29, 2016 at 3:49 pm

Constellation Brands  shares, at around $159, are on a momentum ride to the stars, up 12% so far this year and 37% over the past 52 weeks. That's why TheStreet's Jim Cramer is particularly interested in the beer, wine and spirits purveyor's earnings, expected Thursday before the open.  This is one of the few consumer packaged-goods companies out there growing sales at a double-digit rate, Cramer, co-manager of the Action Alerts PLUS portfolio, said Wednesday from the New York Stock Exchange.  The Modelo and Corona beer brands have really helped accelerate […]