US voters just want the election to be over but have voted for a strong leader November 8, 2016 Instead of sharing their joy at the opportunity to exercise their democratic rights, Americans looked forward to going to the polls today so that the whole thing can be over and done with. A Morning Consult/Politico exit poll showed that a whopping 85 per cent of voters just wanted the election to be over when asked [...]
CVS shares slide after cuts to its full-year profit expectations November 8, 2016 US pharmacy chain CVS Health has cut its full-year profit forecast, sending shares lower in New York. The company blamed the cuts on slowing prescription growth and said it expected to lose more than 40m retail prescriptions in 2017. The loss of contracts to rivals – including one for the US military – has dragged on [...]
SeaWorld share price leaps on cost-cutting plans as attendance continues to sink November 8, 2016 SeaWorld – the US leisure park at the centre of an animal rights storm – has announced a new cost-cutting initiative in the middle of its change in strategy. Shares in the company leapt at the open after sinking in the pre-market on the back of its third quarter results. Attendance fell 0.4 per cent to [...]
You can’t come in to our US stores today, says Patagonia, now go out and vote November 8, 2016 A sustainable outdoor clothing retailer today shut the doors of its US outlets, telling customers to prioritise voting over shopping. Patagonia, a company that has banged the drum of environmental causes since it started in 1973, said that it was imperative that Americans got down the polls to vote in the US Presidential election. Voting was [...]
Premier shares dip as lender exit fears rise November 8, 2016 Shares in struggling oil explorer Premier dipped yesterday amid fears lenders were backing out of the company's syndicated loans. Despite attempts by Premier to calm the market, investors sent shares in the company 11 per cent lower by the London close. Selling was sparked by media reports yesterday that said Lloyds Bank was selling out of [...]
Theresa May is treading softly on immigration when Brexit Britain needs boldness November 8, 2016 Prime Minister Theresa May has said that she will allow the Indian government to nominate business executives to become members of the “Great Club”, a programme launched in 2013 for 100 of the world’s most senior business leaders to more easily get visas into Britain. The “Great Club” may have resonance in history, reaching back [...]
European tech startups just got a major €1.6bn boost November 8, 2016 Brussels is launching a fresh fund to boost investment in startups across Europe which is expected to create more than a billion euros in capital ready to be put into up-and-coming technology firms. The European Commission will commit up to €400m (£357m) to the European Investment Fund's (EIF) new fund-of-funds and will look for three times more investment from institutional investors to make up to [...]
From the NHS to Brexit, give people a choice and they’ll make a good one November 8, 2016 A current headache for the government is the performance of the NHS, and whether it is running out of money. This was making the front pages until the judges’ decision on Brexit pushed it off. Successive governments have discovered that the finances of the health service are a potentially bottomless pit. A key policy issue [...]
A Southern train without a guard travelled with its doors open yesterday (but not very far) November 8, 2016 A Southern train on the way from Tattenham Corner to London Bridge travelled for a brief period with its doors open yesterday. The DfT said it was aware of the incident; the Rail Accident Investigation Branch said the incident happened on the 0554 service and was reported by operator Govia Thameslink Railway (GTR). The driver-only operated (DOO) [...]