A $10 billion-plus takeover bid for one of America’s largest drugstore chains is set to trigger a new Boots the Chemist auction after a series of failed attempts to sell the British retail giant detail. Sky News understands that Sycamore Partners, the private equity firm, is expected to seek separate ownership for Boots if it … Read more
One of Britain’s leading financial mutuals is in talks to buy Dalmore Capital, the infrastructure investor with a stake in the Thames “super sewer”. Sky News has learned that Royal London is among the suitors surrounding Dalmore, which began considering a sale earlier this autumn. Royal London’s interest is serious but has not yet resulted … Read more
Eliminating all incidents of pollution in the Thames Water network will be “nearly impossible” and a public debate is needed on the true cost of stopping all wastewater discharges, chief executive Chris Weston has said. Speaking on the occasion of the revelation of the company’s interim results pollution incidents increased by 40%Mr Weston said customers’ … Read more
Norris Williford, a 22-year-old college student, not only works at the MBM Kicks shoe store in downtown Richmond, Virginia, he owns it. And it was a high school class this helped him gain the skills needed to open a business at such a young age. “MS. Hayer was actually one of my biggest influences. She … Read more
Every Monday, on our Money blog, we welcome an expert to answer your money problems. Today’s question is from Ellie, who asks… “My outstanding student loan balance is around £5,000 and I’m paying it off with an interest rate of 4.3%. I can’t decide whether it would be better to pay it all off at … Read more
President-elect Donald Trump used a photo of himself sitting next to first lady Jill Biden on Sunday to announce a new line of fragrances on his Truth Social app, with the caption: “A scent your enemies can’t resist!” » The fragrance line, called “Fight, Fight, Fight,” includes a men’s cologne and a women’s perfume, each … Read more
Demand for new staff at businesses has fallen to levels seen in 2020 following last month’s budget, according to a survey of major recruitment consultants. A monthly report from the Recruitment and Employment Confederation (REC) and accountants KPMG suggests the chancellor’s corporate tax raid Rachel Reeves on October 30, employers were forced to “reassess their … Read more
A London-listed marketer backed by Lord Ashcroft, the former Conservative Party treasurer, will this week announce the purchase of a key digital partner for sports properties including the men’s T20 Cricket World Cup. Sky News has learned that Brave Bison, which trades on junior exchange AIM and has a market capitalization of just under £30 … Read more
President-elect Donald Trump has promised to impose across-the-board tariffs on goods imported from some allies and adversaries, saying foreign countries would pay those taxes to the U.S. Treasury. But it is American consumers who would open their wallets to pay the customs duties. Correspondent David Pogue speaks with Dartmouth economics professor Doug Irwin about the … Read more
New President Donald Trump has made his feelings on tariffs very clear: “The word ‘tariff’ is the greatest word in the dictionary,” he said. “I think it’s more beautiful than ‘love.’ …I love the prices! …Music to my ears! And what exactly is a tariff? It’s a tax. According to Doug Irwin, an economics professor … Read more