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finance and business

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Read more about the article Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts
finance and business

Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts

Scott Bessent, the billionaire hedge fund manager whom President-elect Donald J. Trump picked to be his Treasury secretary, plans to divest from dozens of funds, trusts and investments in preparation…

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January 11, 2025
Read more about the article Shein checks urged after refusal to answer ‘basic’ questions
finance and business

Shein checks urged after refusal to answer ‘basic’ questions

The London Stock Exchange (LSE) has been asked what checks are in place to vet firms after fast-fashion retailer Shein refused to answer "basic questions" over its supply chain. Liam…

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January 11, 2025
Read more about the article Jeff Bezos’ Blue Origin Rocket Launch Could Give SpaceX Some Competition
finance and business

Jeff Bezos’ Blue Origin Rocket Launch Could Give SpaceX Some Competition

The foundational building block for Jeff Bezos’ space dreams is finally ready to launch. A New Glenn rocket, built by Blue Origin, is sitting on a launchpad at Cape Canaveral…

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January 11, 2025
Read more about the article In Los Angeles, Hotels Become a Refuge for Fire Evacuees
finance and business

In Los Angeles, Hotels Become a Refuge for Fire Evacuees

The lobby of Shutters on the Beach, the luxury oceanfront hotel in Santa Monica that is usually abuzz with tourists and entertainment professionals, had by Thursday transformed into a refuge…

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January 11, 2025
Read more about the article Boeing and Google each give $1m for Trump inauguration
finance and business

Boeing and Google each give $1m for Trump inauguration

US aviation giant Boeing has told BBC News it is donating $1m (£812,600) to an inauguration fund for President-elect Donald Trump. Google and Microsoft have also confirmed they have made…

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January 11, 2025
Read more about the article California Fires Lead to Prices Hikes on Some L.A. Rentals
finance and business

California Fires Lead to Prices Hikes on Some L.A. Rentals

Here is the plain text result: Laura Kate Jones, a real estate agent in Los Angeles, is trying to find an apartment for a client whose Pacific Palisades home turned…

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January 10, 2025
Read more about the article Fewer US interest rate cuts expected after job gains surprise
finance and business

Fewer US interest rate cuts expected after job gains surprise

US jobs growth unexpectedly surged last month, suggesting the world's largest economy is not about to give up its claim to be the "envy of the world" anytime soon. Here…

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January 10, 2025
Read more about the article L.A. Wildfires Lay Bare an Insurance Crisis
finance and business

L.A. Wildfires Lay Bare an Insurance Crisis

The ferocious wildfires that have burned throughout the Los Angeles area continued to rage overnight, consuming an area twice the size of Manhattan. Forecasters expected “critical red flag” conditions to…

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January 10, 2025
Read more about the article Sainsbury’s to raise pay to £12.60 an hour
finance and business

Sainsbury’s to raise pay to £12.60 an hour

Sainsbury's has announced it will raise hourly pay in response to "particularly tough cost inflation" after retailers warned prices are likely to rise later this year. The supermarket chain said…

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January 10, 2025
Read more about the article How Outlets on the Left and Right Have Covered the Los Angeles Wildfires
finance and business

How Outlets on the Left and Right Have Covered the Los Angeles Wildfires

As deadly wildfires raged across Southern California this week, conservative and liberal media outlets reported similarly on the level of devastation that occurred. But they found vastly different culprits for…

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January 10, 2025
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