UPDATE: The weeklong slog to launch a new Congress continued with a 13th ballot, as Kevin McCarthy picked up a vote yet still was short a majority. Rep. Andy Harris (R-MD) shifted his vote to McCarthy, giving the Republican leader 214 votes in the latest round. That’s still three short of what he needed to
Business
Rail minister Huw Merriman will meet union leaders including Mick Lynch of the RMT on Monday after three weeks of unseasonal disruption left the two sides apparently as far apart as ever. While both say they are ready to talk, unions remain committed to further strikes if required and the government is legislating to limit
Mark Capps, a 54-year-old veteran Nashville producer and recording engineer, was killed by police in Nashville Thursday afternoon in a domestic violence confrontation. Nashville police said Capps was killed by a SWAT team member after he brandished a gun in his doorway. Earlier, he was allegedly holding his wife and adult stepdaughter at gunpoint in
Windfall tax payments are to hit Shell by around $2bn (£1.7bn), the oil and gas company has estimated. The cost of the UK’s energy profits levy and the EU’s recently announced solidarity contribution will reach $2bn (£1.7bn) in tax liabilities in the final three months of its financial year, the firm said in a fourth
UPDATE: After five roll call votes and no speaker. the House is adjourning for the night. When they return, many members will be marking the second anniversary of the attack on the Capitol. PREVIOUSLY: As expected, Kevin McCarthy fell short on the 11th ballot for speaker of the House. While there are reports of an
Hauliers exporting goods to the European Union have faced fresh disruption since the turn of the year as a glitch in the UK’s digital customs system and new demands from French authorities threaten delays. Drivers heading to ports in the first few days of January found they were unable to enter details of shipments in
A blog posted today by CEO Anjali Sud informed Vimeo staff that another 11% of the workforce will be laid off. Vimeo focuses on the delivery of high-definition video across a range of devices. Vimeo’s business model software as a service. The cuts comes a half-year after Vimeo axed 6% of its workforce in July
Major high street outlets performed better than expected over the Christmas period and Next increased its profit outlook as a result, painting a positive picture for retail. Sales were up nearly 5% at Next in the nine weeks to 30 December on the same period in 2021, far outpacing the 2% reduction the retailer had
UPDATE: Kevin McCarthy told reporters that he has made progress with opponents of his bid for the speakership, but doesn’t want another vote on Wednesday night. Instead, there will be another call for an adjournment until noon ET/9 AM PT on Thursday. Reporters staked out House Majority Whip Tom Emmer’s office, on the cavernous first
Government support for business energy bills will be cut in April as the chancellor moves to reduce taxpayer exposure to the soaring cost of gas and electricity in 2023. Jeremy Hunt told business leaders and trade groups they should expect state support to be reduced when the current support package ends in the spring, having
Following a tumultuous day in which Kevin McCarthy failed three times to muster up enough votes to lead the House of Representatives, one of the last members to leave the floor was the last speaker, Nancy Pelosi. As she left the cloakroom with her husband Paul, she said that the day, a long, tense slog
Food inflation hit a record annual rate in December as cash-strapped households prepared for Christmas, according to a retail sector report. The latest British Retail Consortium-NielsenIQ shop price index showed typical food grocery costs up 13.3% last month compared with December 2021. The rate had stood at 12.4% in November. The data showed fresh food
President Joe Biden has renominated Eric Garcetti as U.S. ambassador to India, after the former Los Angeles mayor’s nomination failed to make the Senate floor last year. Garcetti was among a series of nominees who will get restarts in the new Congress. Biden also renominated Gigi Sohn to serve as the fifth commissioner on the
Disgraced FTX founder Sam Bankman-Fried has pleaded not guilty to stealing billions of dollars of customer money in his first court appearance since he was released on a record $250m pretrial bail. Bankman-Fried, 30, entered his plea before US district judge Lewis Kaplan at a court in Manhattan, after spending the Christmas period under house
Exhibition giant Cineworld, which filed for Chapter 11 bankruptcy in the U.S. last September, has said it will not sell off any of its assets individually, and has clarified that neither it nor its advisors have participated in discussions with AMC regarding the sale of any of its cinemas. This comes about two weeks after
UK airlines are more likely to have delays compared to their rivals in Europe and around the world, figures for the past year show. A British operator didn’t make any of the leaderboards when the aviation analytics company Cirium put together the top 10 airlines and airports for avoiding delays in 2022. Cirium put together
Catherine Cyran, the Daytime Emmy-nominated director of more than 20 features, died on Christmas Eve, according to multiple Facebook posts from those close to her. While a cause of death has not yet been reported, she was 59. “Today we lost a beautiful soul, Catherine Cyran..This Chriatmas Eve You slipped through my fingers peacefully,” wrote
Wages are climbing at close to their fastest pace since records began. Yet, workers’ pay packets are declining at close to their fastest pace since records began. Both of these seemingly contradictory statements are true. Workers are fighting for pay rises and are having some success but the gains are no match for inflation, which
Lola Chantrelle Mitchell, known by her stage name Gangsta Boo, has died. The rapper and former member of Three 6 Mafia was 43. The Memphis-born star was found dead on Sunday, January 1 at around 4 p.m. (local time) and no cause of death has been determined, according to Fox 13 Memphis. Three 6 Mafia
Close to 50 shops shut down every day in 2022, more than at any other point for at least five years. In a bruising year for retail, 17,145 shops closed last year – up by nearly 50% on 2021, when 11,449 shops shut. Analysis by the Centre for Retail Research found about 47 sites shut up