Business

Image copyright Getty Images Carphone Warehouse is to close all its 531 standalone stores on 3 April, resulting in 2,900 redundancies. The firm says the move is not related to the coronavirus outbreak, but was because of the changing mobile market. The mobile phone retailer has shops inside 305 big PC World and Curry’s stores, […]

Image copyright Reuters Amazon has said it will hire 100,000 warehouse and delivery workers in the US to deal with a surge in sales during the coronavirus pandemic. The online retail giant also said it would increase pay for its staff in the UK, US and Europe. The company’s delivery systems have come under pressure

Image copyright Getty Images America’s biggest airlines have called on Washington for more than $50bn (£41bn) in aid as they suffer the effects of the coronavirus pandemic. US President Donald Trump on Monday pledged to back the industry “100%”. But figures suggest major carriers spent almost all their spare cash in the last decade buying

Image copyright AFP/Getty Global stock markets are seeing record levels of volatility with the five biggest one-day points falls happening in less than a month. On Tuesday the Dow Jones Industrial Average saw its biggest one-day slide in more than three decades. This was the latest huge swing as investors weigh the economic impact of

Image copyright Stich Fix Image caption Katrina Lake and her son, with Adena Friedman, the chief executive of the Nasdaq The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Katrina Lake, founder of online fashion business Stitch Fix. For the first six years running Stitch

Tenants struggling to pay their rent owing to the impact of coronavirus must be dealt with “sympathetically” by landlords, a trade body has said. Millions of people will see their jobs and incomes hit by the economic effects of the virus. Banks have told mortgage holders they can negotiate a payment holiday. The Residential Landlords

The rich are primarily to blame for the global climate crisis, a study by the University of Leeds of 86 countries claims. The wealthiest tenth of people consume about 20 times more energy overall than the bottom ten, wherever they live. The gulf is greatest in transport, where the top tenth gobble 187 times more

The economic slowdown that the coronavirus pandemic has unleashed is likely to hurt millions of workers around the country as schools and restaurants close and businesses go dark. Many of the first to suffer have been workers in unconventional arrangements: independent contractors, part-time workers and others whose income varies from one week to the next.

Image caption Jake Sweet, also known as the Tiktok star Surfaceldn When I meet up with Jake Sweet (aka Surfaceldn on TikTok), he’s buzzing. He’s about to be flown out to the MTV Video Music Awards in Spain as a special guest. Dinner will be laid on, he explains, and there will be aftershow parties

Image copyright La Voix du Nord Image caption Toilet queues spurred Nathalie Des Isnards to start her company making women’s urinals A few years ago, Nathalie Des Isnards was attending a music festival with her husband David, and planning to watch her favourite group. Before the show, they headed to the toilets. “I spent 30