George Osborne’s £7.20 national living wage is sending “shockwaves” through the labour market as employers seek ways to minimise the extra costs, one of Britain’s largest recruiters has said.
A City investment firm is to vote against the re-election of Sports Direct’s non-executive directors and executive deputy chairman, Mike Ashley, at the retailer’s annual shareholder meeting on Wednesday.
Ivan Glasenberg, the billionaire chief executive of Glencore, is to put up some $210m (£140m) of his own cash as part of a humiliating $10bn programme of fundraising and cuts designed to prepare the company for a “doomsday scenario”.
Fiat Chrysler Automobiles (FCA) has recalled a further 7,810 Jeeps affected by a widely reported bug that allows an attacker to wirelessly seize control of the vehicle.
Two of Britain’s largest housebuilders, Berkeley Group and Persimmon, could hand out about £1bn to their top executives and managers in pay and bonuses over the next six years, boosted by strong UK house prices and government-subsidies for home-buyers.
AstraZeneca received a much-needed boost when its blood-thinning drug, Brilinta, a potential blockbuster, was approved by the US health regulator for wider use.
Dyson, the privately owned British engineering group famous for its vacuum cleaners and bladeless fans, has announced record-breaking profits of £367m, up 13% on the year, despite spending £3m a week on research and development.
Pizza Express has become the latest restaurant chain to reverse its policy of taking a cut from tips to waiting staff after a union campaign and a backlash from customers.
Speculation about a wave of takeovers in the supermarket sector has helped fuel a near 5% rise in the shares of Morrisons.
The bookies took a right old caning on Leicester City, right? Don’t believe a word of it.
More coffee, please! A Chicago woman is suing Starbucks for allegedly serving her too much ice and too little caffeine in its cold beverages.
Berkshire Hathaway held its annual shareholders meeting on Saturday, and attendees listened closely to Chairman and CEO Warren Buffett and Vice-Chairman Charlie Munger at what observers call "Woodstock for Capitalism."