What are junk fees and how might Biden tackle them?
The president says airlines, banks, hotels and concert vendors are playing Americans "for suckers".
2023-06-16 09:47
Dollar licks wounds as China data looms
By Tom Westbrook SYDNEY A bruised dollar took respite on Monday after suffering its worst weekly drop of
2023-07-17 08:58
Manchester United expecting record annual revenue as takeover saga continues
Manchester United have projected record annual revenue of up to £640million in the current financial year as the takeover saga surrounding the club rumbles on. United’s owners, the Glazer family, are weighing up offers for the club from Qatari banker Sheikh Jassim and Sir Jim Ratcliffe, the founder of chemicals firm Ineos. The Glazers first indicated they could sell by initiating a strategic review last November but the bidding process has dragged on. Reports have suggested Sheikh Jassim’s bid – which is for 100 per cent of the club – is now the most likely to be accepted. Sources close to the Qatari bid have indicated their eagerness to close the deal, with the summer transfer window now open. Supporters staged fresh protests against the Glazers at Old Trafford on Tuesday as the club launched the kit for next season. Revenue guidance for the current financial year was raised to a record £630m to £640m in the third quarter financial results for the period ending March 31, 2023, which were released on Tuesday. This is driven by record match attendance and matchday revenues. Ticket sales for the 2022-23 season surpassed the previous record set in 2016-17, with 2.4m sold. Global memberships also hit 360,000, which United said was the largest paid membership programme in world sport. Revenue for the third quarter was up 11 per cent on the same period last year. Broadcasting revenue was slightly down on the corresponding period due to the club being in the Europa League rather than the Champions League, but was partially offset by the club’s performance in domestic cup competitions. Cash and cash equivalents are at £73.7m, down from £95.8m in the same period last year, reflecting the investment that has been made in the team. However, the figure is £31m higher than in the second quarter, boosted by money coming in from sponsorship and ticket sales. Summer recruitment will not be affected by the results, according to sources close to the club, with enough cash available to enable United boss Erik ten Hag to invest in the team. The limiting factor is understood to be the requirement to stay within financial sustainability rules.
2023-06-27 20:27
Yellow Corp trucking company shares plunge as bankruptcy looms
The end may be close for Yellow Corp, a nearly century-old trucking company with 30,000 employees.
2023-07-28 00:00
Maria Sherman appointed AP's music writer, based in Los Angeles
Maria Sherman has been named The Associated Press’ music writer, a key position responsible for delivering news on a beat of global significance for the news cooperative
2023-06-06 21:56
UPS Agrees to Ax Two-Tier Wage System in Win for Teamsters
(Bloomberg Law) -- United Parcel Service Inc. has agreed to end a dual wage system for delivery drivers in its
2023-07-03 01:57
'One day I said stop': models describe pressure to stay thin
Maud Le Fort won't be seen on the runways of Paris Fashion Week, which kicks off on Monday, having chosen her health over a...
2023-09-25 10:59
A nonprofit is racing to get its portable baby incubators into Israel and Gaza as crisis deepens
Jane Chen is racing against the clock, again. She knows well how every minute that passes is crucial for a new life that emerges prematurely into the world in the most vulnerable of circumstances — in the midst of war, in the aftermath of a natural disaster or in a remote village far away from a medical center.
2023-10-26 02:22
BP CEO resigns after probe reveals undisclosed relationships with colleagues
BP CEO Bernard Looney has resigned after admitting that he had not been "fully transparent" about "historical relationships with colleagues," according to a statement from the oil giant on Tuesday.
2023-09-13 03:48
Hot Ones Celebrates National Chicken Wing Day With Expanded Spicy Wing Delivery In NYC and Philadelphia
NEW YORK--(BUSINESS WIRE)--Jul 29, 2023--
2023-07-29 23:27
Kenyans protest again over rising cost of living, with some targeting a recently built expressway
One person has been killed as some Kenyans angered by the rising cost of living are back on the streets Wednesday in the latest of a series of protests
2023-07-12 19:45
Kaiser Permanente workers warn of potential second strike
A coalition of unions representing thousands of Kaiser Permanente health care workers warned they will walk off the job again next month if a deal is not reached with their employer.
2023-10-10 12:47
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