Business

Image copyright Netflix Image caption Stranger Things is one of Netflix’s most popular shows Netflix has warned investors that it faces “headwind” in coming months, as rivals such as Apple and Disney launch competing services. The forecast comes as the video streaming company is already seeing a slowdown in growth of new memberships. The firm […]

Image copyright Getty Images John Lewis says it stopped selling drones in May amid concerns they were being misused by the general public. Last year’s disruption at Gatwick Airport by drones in December and falling sales prompted its decision, the department store chain said. The disruption caused about 1,000 flights to be cancelled or diverted

Image copyright Getty Images Image caption GM chief Mary Barra (R) sitting across from leaders of the United Auto Workers union The United Auto Workers (UAW) union has announced a tentative deal with General Motors after weeks of negotiations and one of the longest strikes in the company’s history. The four-year agreement, which would cover

The United Auto Workers union announced Wednesday that it reached a tentative agreement with General Motors that could end a monthlong strike by nearly 50,000 workers. A union council still needs to sign off on the package brokered by top union negotiators before the longest auto strike in a generation is called off. If the council

Image copyright Getty Images The government has dropped a plan to use strict age verification checks to stop under-18s viewing porn online. It said the policy, which was initially set to launch in April 2018, would “not be commencing” after repeated delays, and fears it would not work. The so-called porn blocker would have forced

Image copyright Getty Images The government is considering whether the management of the North of England’s largest rail commuter service should be taken into public hands. Transport Secretary Grant Shapps said Northern’s poor performance, with trains regularly arriving late or not at all, “cannot continue”. Mr Shapps said he had issued a “request for proposals”

Image copyright AFP The International Monetary Fund has warned that risks to global financial stability remain high. In its latest economic assessments, the IMF says lower interest rates are encouraging financial risk-taking. It also says leading economies should be prepared for co-ordinated use of government finances if there is a severe downturn. Countries that can

Image copyright Getty Images Image caption Peter Jones bought Jessops out of administration in 2013 Camera chain Jessops plans to call in administrators as its owner, Dragons Den star Peter Jones, tries to salvage the struggling High Street brand. Mr Jones bought the chain from administrators in 2013 after it collapsed under £81m of debt.

Image copyright Atlantic Records / Twitter Image caption Ben Cook (centre) pictured in 2017 with Cardi B and Ed Sheeran Ben Cook, who gave Ed Sheeran his first record deal, has shocked the music industry by stepping down as president of Atlantic Records. It comes after the executive admitted causing offence by dressed up as

Image copyright LLAL Image caption An artist’s impression of the proposed second terminal at Luton Airport Plans to expand Luton Airport are “reckless and irresponsible” at a time when the UK should be reducing air travel, opponents have said. Owners London Luton Airport Limited (LLAL) want to build a second terminal and increase passenger numbers