Biden willing to compromise on plans to hike US corporate tax April 8, 2021 US President Joe Biden said last night he is open to compromise on his $2tn (£1.45bn) infrastructure plan amid fiery criticism from businesses over a proposed $2.5tn increase in corporate taxes. Biden faced furious backlash from Republicans, large corporations and members of his own Democratic Party to elements of the proposal he laid last week including major [...]
Facebook has no plans to let 530m users know they were impacted by data breach April 7, 2021 Facebook has no plans to let 530m users know they were impacted by data breach
JP Morgan CEO Jamie Dimon: London must reinvent itself as EU rivals fight to take its crown April 7, 2021 JP Morgan CEO Jamie Dimon: London must reinvent itself as EU rivals fight to take its crown
Kim Kardashian joins the billionaire club as sister Kylie falls out of favour April 6, 2021 Reality TV star-turned-cosmetic and shapewear mogul Kim Kardashian has appeared for the first time on Forbes magazine’s list of the world’s billionaires. Forbes estimated Kardashian, 40, is now worth $1bn, up from about £780m in October, “thanks to two lucrative businesses – KKW and Skims – as well as cash from reality television and endorsement [...]
Boris Johnson warns England to not book summer holidays abroad yet as traffic light system confirmed April 5, 2021 Boris Johnson warns England to not book summer holidays abroad yet as traffic light system confirmed
Tesla shares surge as electric carmaker’s deliveries beat estimates April 5, 2021 Shares of Tesla accelerated eight per cent in pre-market trading today, after the world’s most valuable carmaker posted record deliveries as a solid demand for its electric cars offset the impact of a global shortage of chips. The electric-car maker said on Friday it was encouraged by the strong reception of its Model Y crossover [...]
Sunak questioned over Greensill Capital’s links to Covid loan scheme April 5, 2021 Greensill Bank clients get $3bn payout as Labour puhes for tighter lobbying rules after David Cameron lobbying probe
Greensill: What is the David Cameron lobbying row all about? March 30, 2021 Labour is calling for an inquiry amid reports former Prime Minister David Cameron used his contacts to lobby for support for Greensill Capital through the government’s Covid Corporate Financing Facility. Business secretary Kwasi Kwarteng insists Cameron “did absolutely nothing wrong” in his dealings, adding that “everything was above board” with the former prime minister’s connection [...]
SpaceX: Elon Musk’s Starship rocket crash lands after test flight March 30, 2021 Elon Musk’s SpaceX has suffered another failed test flight of its Starship rocket, which appears to have exploded during a landing attempt today. The uncrewed prototype was successfully launched from Boca Chica in Texas this morning for its fourth major test flight. But the Starship appears to have been destroyed during a crash landing, though [...]
David Cameron ‘did nothing wrong’ in his dealings with Greensill, says Kwasi Kwarteng March 30, 2021 David Cameron “did absolutely nothing wrong” in his dealings with Greensill Capital, according to a senior government minister. Business Secretary Kwasi Kwarteng said “everything was above board” with the former prime minister’s connection to the financial services company which collapsed earlier this month. Speaking on Sky News this morning, Kwarteng said that, with Cameron having [...]