Business

UPDATED, with latest: A number of lawmakers, including Rep. Matt Gaetz (R-FL) and Rep. Mo Brooks (R-AL), sought presidential pardons after January 6th, according to testimony before the committee’s hearing on Thursday. “The only reason I know to ask for a pardon is you think you committed a crime,” said Rep. Adam Kinzinger (R-IL). The

British Airways (BA) workers have voted to strike during the school summer holidays in a move set to cause more travel chaos as the industry struggles to recover from the pandemic. Members of the GMB and Unite unions overwhelmingly supported the prospect of industrial action over pay with 95% of those voting, at both unions,

Media and telecom M&A activity was lively in the first half of 2022 with deals for the 12 months ending May 15 totaling 1,014, up 28% year-on-year, with a record total value $469 billion. The tally was inflated by Elon Musk’s high-profile $44 billion bid for Twitter and Microsoft’s planned $68 billion acquisition of Activision

An online sales tax (OST) would cause significant harm to Britain’s army of small businesses, the world’s biggest internet retailer has warned the government. Sky News has learnt that John Boumphrey, Amazon’s UK country manager, told a Treasury minister during a meeting on Wednesday that a 1pc levy would hurt the hundreds of thousands of

Brad Pitt holds forth on what he calls “this last semester or trimester” of his career in a thoughtful and somewhat elegiac interview for the cover of GQ’s August issue. “I consider myself on my last leg,” the Academy Award winner says in the piece, “this last semester or trimester. What is this section gonna

Prices have increased faster over the past 12 months than at any time in the previous 30 years, putting pressure on already stretched household budgets. The latest increases have been driven by rising household energy and fuel costs. But how much has your individual spending gone up in the past five years? Use our new

EXCLUSIVE: Oscar-winning screenwriter Chris Terrio has signed with Theresa Kang-Lowe’s Blue Marble Management for representation across film, television and all media. Terrio made his feature screenwriting debut with 2012’s Argo, which earned him an Academy Award and a WGA Award. He wrote the screenplay for Warner Bros.’ Zack Snyder’s Justice League and co-wrote the screenplays

The rate of inflation has risen to a fresh 40-year high of 9.1% in May, according to the latest official figures. The update, from the Office for National Statistics (ONS), represents a slight uptick on the 9% figure of the previous month – driven upwards by April’s unprecedented rise in the energy price cap. The

A stage adaptation of The Pianist, based on the Władysław Szpilman memoir that was the source of the Oscar-nominated 2002 film, is being developed by director Emily Mann with an eye toward Broadway. An industry reading is set for New York City this month with Tony Award winner Santino Fontana (Tootsie) starring as Szpilman. The

Millions of people have been hit by severe travel disruption on the first day of the biggest rail strike for a generation – with passengers set to face more cancellations tomorrow. Although it is not officially a strike day on Wednesday, only 60% of trains are expected to run – mostly because of a delay

UPDATED: Beyoncé dropped her first single from her upcoming album Renaissance a little early. The song, “Break My Soul,” was supposed to drop at midnight ET, but instead went up on Tidal, the streaming platform once owned by her husband Jay-Z, just before 10 pm ET. You can have a listen to the House-inspired tune

Boris Johnson will condemn unions for what is expected to be the biggest train strike in three decades. Around 40,000 members of the Rail, Maritime and Transport (RMT) union at Network Rail and 13 train operators will walk out from midnight for all of Tuesday, as well as Thursday and Saturday in a dispute over

Netflix has released an official statement following the tragic death of actors Raymundo Garduño Cruz and Juan Francisco González Aguilar who were working on the series The Chosen One in Mexico. The pair were part of the cast and crew riding in a van in Santa Rosalía-Loreto on June 16 en route to a local

The biggest rail strike in three decades is expected go ahead after last-ditch talks failed, the RMT union said. A walk-out by 40,000 workers on Tuesday, Thursday and Saturday will cause “total misery” according to Transport Secretary Grant Shapps. Mr Shapps said the walk-out was “totally wrong” and would inconvenience millions – including those like

Friends of deceased actors Raymundo Garduño Cruz and Juan Francisco González Aguilar, who died in an automobile accident in Mexico on Thursday, are asking for a thorough investigation into alleged issues with production that may or may not have played a role in the fatal accident. The pair were part of the cast and crew

A former Tesco executive who has spent more than a decade working for Australian grocery retailers is to become the new head of food at Marks & Spencer (M&S). Sky News has learnt that Alex Freudmann, who worked in buying roles for Tesco until 2009, is to replace Stuart Machin, who was promoted earlier this

IATSE members employed at four Fox TV stations in New York, New Jersey and Washington, D.C., have ratified a new three-year contract, bringing to a close one of the longest-running contract negotiations of all time. Union officials say that the tentative agreement, which was reached in April, followed 11 years of on-again off-again bargaining and

A former top executive at Aviva and British Gas will this week be appointed to spearhead the latest takeover quest of Marwyn, one of the London market’s most prolific creators of listed acquisition vehicles. Sky News has learnt that Mark Hodges, who has run some of the biggest companies in the British insurance industry, will

AMC Entertainment shareholders have sent a message to the company’s CEO, Adam Aron, by voting decisively to reject his compensation package. In an SEC filing, the company said the vote yesterday at the company’s shareholder meeting was conducted “on a non-binding advisory basis,” meaning it doesn’t compel AMC to take any action. Aron’s total pay

The UK’s central bank will need to remain flexible on interest rates as inflation spikes but the country’s economy slows, according to a senior official at the bank.. “The statement that we put out collectively is one that I think had a certain level of flexibility because it had to encompass those different views,” Bank