Image copyright Getty Images Image caption Fed Chairman Jerome Powell hinted earlier this month that rates could be cut The US central bank, the Federal Reserve, has cut interest rates for the first time since 2008. The Fed announced a 0.25 percentage point cut, taking the federal funds target range to 2-2.25%. Supporters say it […]
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NEW YORK (AP) — About 24,000 Disney and Eddie Bauer baby sleepers are being recalled on concerns that infants could roll over and suffocate on them. No injuries were reported for the sleepers, but similar ones by other brands have been linked to deaths after infants rolled over from to their backs while unrestrained. In
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Image copyright AFP Image caption The beard ban was deemed to infringe on “the right to one’s own image” Burger King workers in Catalonia will now be able to grow beards after local officials decided the company’s ban on facial hair violated the constitutional rights of staff. Authorities also ruled that ordering men and women
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Image copyright Getty Images Image caption GSM London was one of a wave of private providers turning higher education into more of a marketplace GSM London, one of the biggest private higher education providers in England, has gone into administration – and will stop teaching students in September. The college says it has not been
Private college goes bust and will stop teaching Read More »
Image copyright Jemma Lucy Image caption Jemma Lucy’s banned Instagram post featured the reality star posing with weight loss coffee An Instagram post by reality star Jemma Lucy has been banned by the Advertising Standards Authority (ASA). The ASA said the image and text broke several rules, including encouraging unsafe practices during pregnancy and making
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Image copyright Ryanair Ryanair boss Michael O’Leary has warned staff to prepare for job cuts in the coming weeks, saying the airline has 900 too many pilots and cabin crew. In a video message to workers, he said redundancies would be announced by the end of August, although he did not put an exact number
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Image copyright Getty Images UK consumer confidence improved in July, according to new data which showed that Britons are feeling more optimistic about their finances. Market research firm GfK said people were feeling more upbeat because of low unemployment and wage growth. It also found consumers were less pessimistic about the economic outlook despite the
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Image copyright AFP Image caption Rupert Stadler was arrested last year German authorities have charged the former boss of Audi with fraud as part of an investigation into the VW emissions-cheating scandal. Rupert Stadler is also accused of false certification and criminal advertising practices. Prosecutors claim he knew that hundreds of thousands of Audi, Porsche
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Image copyright NurPhoto British Airways has lost an appeal aimed at halting planned strike action by its pilots. The British Airline Pilots’ Association (Balpa) voted in favour of industrial action on 22 July, after three days of negotiations failed to resolve the dispute. BA-owner IAG sought an injunction to prevent the strike in the High
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Image caption A growing proportion of homes have two or more spare bedrooms Older property owners are staying put in the family home as the UK housing market continues to see low turnover. Uncertainty has led to relatively little buying and selling activity among existing homeowners, the Nationwide Building Society said. The lender said that
Older owners ‘stay put’ in family homes, says Nationwide Read More »
