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Ministers close to deal that could end China’s role in UK nuclear power station
Business | The Guardian Sep 25, 2021 | 07:27 amExclusive: deal in which UK government would take stake in Sizewell C would risk inflaming geopolitical tensionsMinisters are closing in on a deal that could kick China off a project to build a £20bn nuclear power station on the Suffolk[…]
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Retailers bid farewell to layaway, as shoppers embrace buy now, pay later options
Business News Sep 25, 2021 | 07:00 amRBC Capital Markets estimates a buy now, pay later option increases retail conversion rates 20% to 30%, and lifts the average ticket size between 30% and 50%.
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How the wealthy are preparing for higher taxes
Business News Sep 25, 2021 | 06:00 amAs Democrats get closer to raising taxes, financial advisors and their well-off clients are taking steps now to avoid some of those steeper levies later.
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Panic buying rather than shortages causing queues at UK petrol stations, AA head says
Business | The Guardian Sep 25, 2021 | 03:27 amPolice urged drivers to be ‘sensible’ about filling up at petrol stations after long queues built upPanic buying rather than supply chain issues is driving the shortage of fuel at some petrol stations in the UK, the president of a[…]
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How Black and Hispanic Millennials Are Looking Outside of 401k's for Investing
NYT > Business Sep 25, 2021 | 02:00 amSome Black and Hispanic millennials are looking to alternatives like real estate or entrepreneurship, or to trading stock on their own.
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Productivity Tips: Forget About Being Productive.
NYT > Business Sep 25, 2021 | 02:00 amPeople and industries measure how productive they are in similar ways. This extended period of remote work for many has revealed how flawed that can be.
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Robinhood Hits College Campuses, Where Credit Card Companies Fear to Tread
NYT > Business Sep 25, 2021 | 00:00 amThe company plans to hit up college coffee shops to spread the word about its services. When credit card companies did it a generation ago, Congress got involved.
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JP Morgan launches digital-only Chase current account in UK
Business | The Guardian Sep 24, 2021 | 23:00 pmAnalyst believes offering from US bank ‘will blow the competition out of the water’The US bank Chase has launched its first current account in the UK, prompting one analyst to say it “will blow the competition out of the water”.Offering[…]
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CDC director defends unusual decision on Pfizer's Covid boosters: 'This was a scientific close call'
Business News Sep 24, 2021 | 18:20 pmCDC Director Dr. Rochelle Walensky insisted she didn't overrule a vaccine advisory committee by expanding the agency's approval of Pfizer's Covid boosters.
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China Detains Top HNA Group Executives
NYT > Business Sep 24, 2021 | 16:15 pmThe seizure of the top two leaders of HNA Group comes as speculation swirls over whether Beijing will bail out another troubled giant, Evergrande.
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Labour would empower unions to drive up wages, says Angela Rayner
Business | The Guardian Sep 24, 2021 | 14:30 pmDeputy leader sets out plans for sector-wide fair pay agreements, starting with adult social careA Labour government would seek to drive up wages by empowering trade unions to negotiate minimum rates of pay across key sectors, starting with adult social[…]
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Costco, Nike and FedEx are warning there's more inflation set to hit consumers as holidays approach
Business News Sep 24, 2021 | 13:06 pmShipping bottlenecks that have led to rising freight costs that will be passed onto consumers are cooking up a holiday headache for U.S. retailers.
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Nike can turn its snarled supply chain to its advantage to boost its direct-to-consumer business
Business News Sep 24, 2021 | 11:54 amNike's supply chain troubles will likely accelerate the sneaker giant's direct-to-consumer push.
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With tourism booming, Great Yarmouth dreams of turning the tide
Business | The Guardian Sep 24, 2021 | 09:12 amBritons opting not to fly abroad and holiday at home during the pandemic have ushered in new self-belief at the Norfolk resortStrolling in the September sun, eating ice-creams and sitting on the golden sand, visitors to Great Yarmouth’s “Golden Mile”[…]
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Could This Covid Wave Reverse the Recovery? Here’s What to Watch.
NYT > Business Sep 24, 2021 | 08:57 amSome businesses are still hurting, and federal aid has wound down. But economists see sources of resilience and signs of strength.
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