U.K. telecom company BT Group plans to shed up to 55,000 jobs by the end of the decade and replace some of them with artificial intelligence

For small businesses that rely on summer tourism to keep afloat, extreme weather is replacing the pandemic as the determining factor in how well a summer will go

The US Food and Drug Administration has cleared the first China-developed cancer drug similar to Merck & Co.’s

NEW YORK--(BUSINESS WIRE)--May 23, 2023--

The Biden administration's one-time student loan forgiveness program is facing a fresh threat from House Republicans while it awaits a ruling from the Supreme Court about whether the proposal can take effect.

(Reuters) -U.S. industrial conglomerate 3M Co on Wednesday warned of "a slow growth environment" in 2024 and forecast weakness in

Less than two months into his $44 billion purchase of Twitter, Elon Musk declared that whoever took over as the company’s CEO “must like pain a lot.”

Bill Kenwright will stay on in his role as Everton chairman, the Premier League club have announced. Following the departures of chief executive Denise Barrett-Baxendale, chief finance officer Grant Ingles and non-executive director and former striker Graeme Sharp last week, the future of long-serving chairman Kenwright had appeared in doubt. However, Everton owner Farhad Moshiri revealed on Friday morning that Kenwright had accepted his request to remain at the club and help them through a period of transition. The recent board changes came in the wake of numerous supporter protests, with Kenwright, who has spent 19 years in his current role and is understood to have been planning to step down, the main target for fans’ anger. “I wanted Bill to remain as our chairman during this important period of transition for the club and I am delighted that he has accepted my request to do so,” Moshiri said in a statement on the Everton website. “Bill’s knowledge and vast experience will be crucial for us as we look to reset, deliver on external investment and position Everton for a successful future.” Everton also announced the appointment of Colin Chong as interim chief executive and director, while James Maryniak becomes interim chief finance officer. Chong is currently the chief stadium development officer and has been focusing on the move to Bramley-Moore Dock, with Maryniak the club’s director of finance. “In Colin and James, we have two experienced senior club professionals who have agreed to take on enhanced roles on an interim basis, and who we know can and will deliver immediately,” Moshiri said. As part of the changes, majority shareholder Moshiri will also join the board as a non-executive director alongside John Spellman, an experienced chartered accountant and Everton supporter. American investors MSP Capital are close to agreeing a deal to buy a stake in the club, possibly up to 25 per cent. Everton are also facing a Premier League charge for breaching profit and sustainability rules, having made cumulative losses of more than £430million over the last four seasons. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Ireland international Jean Kleyn cleared to represent South Africa Aston Villa captain John McGinn signs new long-term deal England bowler James Anderson admits struggles on ‘kryptonite’ Edgbaston pitch

South Africa experienced respite from power cuts on Saturday as state-owned Eskom Holdings SOC Ltd. said the system

FTC chairman Lina Khan is on a mission to embolden US competition enforcers, but a series of court defeats has sowed doubt that she will put an end to decades...

Azher Abbasi, head of supervision at the Federal Reserve Bank of San Francisco — and a key official with direct oversight over failed Silicon Valley Bank — will retire at the end of October, the regional reserve bank announced this week.

Warner Bros. has pushed back the hotly anticipated release of sci-fi sequel "Dune: Part Two" until next year and postponed two other films -- one of the biggest changes so far to the movie calendar...