Business

Government should not manage railways, says review

Image copyright PA Image caption Commuters delayed at Waterloo station The man tasked with working out how to improve UK railways says a “fat controller” type figure, independent from government, should be in charge of day-to-day operations. The former boss of British Airways, Keith Williams, said government involvement should be limited to overall policy and

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Facebook’s Libra could be misused, says treasury chief Mnuchin

Image copyright Getty Images Facebook’s planned Libra cryptocurrency faced further opposition on Monday when the US treasury secretary warned about its potential criminal use. Steven Mnuchin told a press conference it could be used by “money launderers and terrorist financiers” and said it was a national security issue. He joins President Donald Trump and the

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Juul: E-cig boss says sorry to parents over child vaping

Image copyright AFP The boss of e-cigarette giant Juul has apologised to parents amid worries of an epidemic of vaping among children. “I’d tell them I’m sorry that their child’s using the product. It’s not intended for them,” Kevin Burns said. The comments, including that more research is needed into vaping’s health impact, are made

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Here’s Why Thousands Of Autoworkers Could End Up On Strike Soon

The United Auto Workers union is set to start bargaining new contracts covering 150,000 workers at Detroit’s Big Three on Monday in what could be the most contentious negotiations the auto industry has seen in years. The union will be looking to make significant gains over the most recent four-year contracts with the companies, ratified

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