The latest Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into UK and global markets.

Donald Trump Sues CNN For $475 Million Over ‘Big Lie’ References

Donald Trump fired off his latest defamation lawsuit against a news outlet on Monday, this time seeking $475 million in punitive damages from CNN over what his lawyers say was an effort to “defame the Plaintiff in the minds of its viewers and readers for the purpose of defeating him politically.” Trump’s lawsuit (read it here) focuses on references made […]

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European Shares Seen Up On Bargain Hunting

European stocks may open a tad higher on Tuesday as investors hunt for bargains in beaten-down stocks. U.S. inflation is “unacceptably high” and therefore more restrictive policy will be needed for longer to ensure inflation expectations do not move up, said Cleveland Fed President Loretta Mester. The World Bank has cut its 2022 full-year growth forecast for the East Asia […]

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Village Roadshow Launches New Sports Division And Taps Brian Gilbert To Oversee

EXCLUSIVE: Village Roadshow Entertainment has hired Brian Gilbert to oversee the newly launched Village Roadshow Sports. Gilbert will oversee development of VREG’s original slate of sports content while also working closely with VREG’s existing film and television divisions to amplify relevant sports themes in their respective slates. Gilbert will report to Steve Mosko, CEO of Village Roadshow Entertainment Group, who made the […]

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‘Armageddon Time’ Star Jaylin Webb Signs With Innovative Artists

EXCLUSIVE: Jaylin Webb, the young star of James Gray’s autobiographical period drama, Armageddon Time, has signed with Innovative Artists for representation.  Armageddon Time, starring Anthony Hopkins, Jeremy Strong, and Anne Hathaway, is a coming of age story, written and directed by Gray (The Immigrant, Ad Astra) inspired by his life, set in Queens, New York during the 1980 election season.  Webb […]

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US Postal Workers Steal $1.3 Million

Between poor service and losses, the U.S. Postal Service (USPS) has had enough bad press. Four postal workers allegedly stole $1.3 million. Another five people appear to be facing charges. The U.S. Attorney’s Office Southern District of Manhattan said those charged stole credit cards from the mail and used them to charge items at retail stores, “including high-end retailers.” Some […]

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Sterling rockets as Kwarteng U-turns on tax cut ahead of major speech

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Kwasi Kwarteng grilled by Kuenssberg over tax cuts The Pound has jumped against the dollar after the Chancellor announced that […]

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14 million cyber-attacks blocked DAILY, says report

Rapidly changing geo-political scenarios such as the ongoing Russia-Ukraine war have made a significant impact on cybersecurity. Despite their best efforts, cybersecurity teams of enterprises may not be able to plug all vulnerabilities, according to a report by Indusface, a software-as-a-service security firm. It said 14 million cyber-attacks are blocked every day by various organisations. The report is the outcome […]

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Carnival’s Cruise Sinks Toward $0

Carnival, one of the world’s largest cruise companies, was hit hard by the COVID-19 pandemic, as was much of the travel industry. Recent financial results show it will be slow to recover, particularly compared to 2019. The spread of disease in general on cruise lines predates the pandemic and will almost certainly remain. One analyst has said that the company […]

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How The Size of Each State’s Police Force Changed in the Last Year

In the wake of several high-profile police brutality cases, law enforcement has come under intense scrutiny in the United States. Outrage, particularly over the 2020 murder of George Floyd by a police officer, erroded trust in the justice system, sending public confidence in police to a record low, according to a Gallup poll. Many communities even began to question the […]

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European Shares Set To Fall; FTSE May Outperform As Pound Hits Record Low

European markets are seen opening broadly lower on Monday, though U.K. stocks may see some benefit from a weakening pound, which plunged to a record low against the dollar on recession fears after new finance minister Kwasi Kwarteng unveiled a controversial tax-cutting mini-budget. Asian markets retreated amid fears regarding slower economic growth and a possible global recession. London copper prices […]

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