Biscuit Bar shutters all six Texas locations amid bankruptcy wind-down
Business & Markets • 5 days ago
Texas comfort-food chain ends operations after Chapter 11 filing and collapsed sale, impacting more than 100 employees
Business And Markets News
DIY giant Toolstream falls into administration as 111 jobs are axed
Business & Markets • 5 days ago
Yeovil-based DIY tools distributor Toolstream enters administration, with 111 redundancies ahead of Christmas; assets being shopped as trading pauses.
U.S. mortgage rates edge lower, hover near year’s low as inflation data loom
Business & Markets • 5 days ago
30-year fixed-rate mortgage at 6.21%, 15-year at 5.47%; market says rates track Treasury yields and Fed signals
Mobile operator Three refunds £1,450 after 15-year billing error
Business & Markets • 5 days ago
Reader recovers funds after unauthorised debits from Three (now Vodafone Three) spanned 15 years; class-action against several carriers remains under way.
Warner Bros Discovery urges investors to reject Paramount's £81bn hostile bid in favor of Netflix deal
Business & Markets • 5 days ago
Warner Bros Discovery says Paramount Skydance's offer is inferior and risky; Netflix has agreed to buy WB Discovery's film and streaming business for £62bn, a deal the board says offers superior value.
Frasers Group launches £70m buyback as shares jump
Business & Markets • 5 days ago
Barclays-backed programme to buy up to 10 million shares aims to shrink share capital; comes as revenue rises but profits dip; SilkFred bid rumor adds to investor interest.
BoE governor says AI likely to displace jobs; UK urged to prepare
Business & Markets • 5 days ago
Bank of England Governor Andrew Bailey says AI could reshape the job market and urges training and skills to help workers move into AI-enabled roles amid rising youth unemployment and corporate hiring shifts.
Delaware Supreme Court restores $55 billion Tesla pay package for Elon Musk
Business & Markets • 5 days ago
Court reverses a 2024 ruling, reinstating the incentive plan after years of legal wrangling and amid a broader expansion of Musk-linked compensation.
Trump economist predicts 'massive' tax refunds, says families will save thousands
Business & Markets • 5 days ago
National Economic Council Director Kevin Hassett says refunds could be the largest in U.S. history as wage growth outpaces inflation and tax changes take effect