Business

UPDATED with details of CBS executives noted in AG report: A captain at the Los Angeles Police Department (LAPD) directly and repeatedly interfered with an open investigation into allegations of sexual assault against former CBS CEO Moonves, New York Attorney General Letitia James said today, providing confidential information to executives at the company as they

BT Group is expected to increase a multibillion-pound cost-savings target on Thursday as it seeks to counter the inflationary headwinds buffeting the UK economy. Sky News has learnt that Philip Jansen, BT chief executive, is poised to use the telecom giant’s half-results announcement to outline plans to find a further £500m of savings by the

EXCLUSIVE: Tony Award-winnning director Anna D. Shapiro has signed with CAA for representation. CAA also will represent multimedia venture Highwire Media which includes principals Shapiro, Leelai Demoz, Ian Barford, and Brad Keywell. Shapiro, who won the Tony for Best Direction in 2008 for Tracy Letts’ August: Osage County, most recently directed last season’s Broadway production

Food inflation surged to a record 11.6% in October – with staple items including tea bags, milk and sugar all seeing significant price rises, according to a retail body. Overall, shops increased prices by 6.6% in the 12 months to October – the highest level since records began in 2005. But fresh food has been

Universal Orlando Resort today announced the closing of at least five attractions to make way for what it termed “new family entertainment.” Fievel’s Playland, Woody Woodpecker’s Nuthouse Coaster, Curious George Goes to Town, DreamWorks Destination and Shrek and Donkey’s Meet & Greet will permanently close at end of day on January 15 203, according to

Boris Johnson is in talks with one of Hollywood’s most prominent talent agencies about a lucrative speaking deal following his aborted run for a second stint as Britain’s prime minister. Sky News has learned that Mr Johnson has been holding detailed talks with Endeavor, the group founded by American businessman Ari Emanuel. Sources said that

EXCLUSIVE: Olympic gold medalist Lindsey Vonn has signed a two-year first look deal with CBS Studios via her Après Productions. Under the pact, Après Productions’ Vonn and partner Claire Abbe will develop content across all television and digital media. Widely regarded as the greatest female ski racer in history, Vonn is an Olympic Gold and Bronze winning

BP has credited strong natural gas trading for strong quarterly profits of £7.1bn, which have fanned the flames around demands for stiffer windfall taxes. The oil and gas giant revealed third quarter profits of $8.2bn compared to $3.3bn in the same period a year earlier – boosted by high prices resulting from the impact of

Harvey Weinstein’s trial on rape allegations entered its second week with some discussion of how quickly the proceedings are moving. Although the prosecution still has a number of witnesses to call, Weinstein’s attorney Mark Werksman told the judge that “we could very well have the bulk of the case by Thanksgiving week” finished with just a

Elon Musk has fired Twitter’s board of directors and appointed himself its sole member. According to a company filing with the US Securities and Exchange Commission, Bret Taylor, former chairman of the board, and Parag Agrawal, former chief executive, are among the nine ousted directors. Mr Musk completed his $44bn takeover of the social media

EXCLUSIVE: Jason Moring’s Double Dutch International will launch worldwide sales at AFM for Midday Black Midnight Blue — a feature drama marking the feature directorial debut of The Queen’s Gambit actress Samantha Soule and The Conners scribe Daniel Talbott. The film starring Soule, Chris Stack (Anne Rice’s Interview with the Vampire), two-time Emmy winner Merritt

Wheat and other wholesale food costs have risen sharply after Russia withdraws from an export deal designed to ensure crucial supplies flow from war-torn Ukraine. Wheat futures jumped almost 6% on Monday while corn rose more than 2% – reflecting renewed concerns around shortages that have dogged markets since Moscow’s decision to invade its neighbour

Bruce Arnold, best known as the chief songwriter and singer of the soft-rock band Orpheus, has died at age 76 in Marin County. His family confirmed the death but did not provide a date or cause. Born in Worcester, Massachusetts, Arnold founded Orpheus in 1967. The group recorded four albums and six singles for MGM

Shares in Amazon fell as the company expected slower Christmas sales and increased expenses. Shares fell nearly 20% as inflation and interest rate costs threatened to eat up profits. The world’s largest online retailer forecast comparatively weak growth for the next three months, typically the busiest Christmas period. The lacklustre forecast came at the same

Responding to reports that unknown factions are increasing efforts to post racial slurs, initiate trolling, and engage in “hateful conduct,” Twitter’s Head of Security & Integrity has warned the service is “taking steps” to combat any such organized movement. Since Elon Musk’s takeover of the service, those opposed to his vow to increase free speech

At first glance, there is nothing altogether unusual about the train. Sitting on the platform at Spandau station in the suburbs of Berlin, it looks much the same as every other one. But do not be fooled, for this train, manufactured by French group Alstom, is very special indeed. It runs not on electricity or

Nancy Pelosi is making her first comments after the brutal attack her husband Paul Pelosi received in their home in San Francisco. “Yesterday morning, a violent man broke into our family home, demanded to confront me and brutally attacked my husband Paul,” read the letter Pelosi wrote to her colleagues. “Our children, our grandchildren and

Octopus Energy has sealed its deal to buy Bulb, a collapsed energy rival that has been funded by billions of pounds in government support for nearly a year. Octopus said it is taking on Bulb’s 1.5 million customers “bringing an end to taxpayer losses and uncertainty for Bulb customers and employees”. It added: “Octopus is

General Motors is suspending its advertising on Twitter, saying it needs time to evaluate the service’s new direction in the wake of Elon Musk’s purchase. The Detroit automaker revealed its plans to CNBC on Friday, saying it was ‘pausing” advertising, but would continue its interaction with customers on the platform. “We are engaging with Twitter to

The next operator of the National Lottery is in talks to buy the incumbent, Camelot, in a £100m deal that would pave the way for the removal of the latter’s final legal challenge against the industry regulator. Sky News has learnt that Allwyn Entertainment is in advanced discussions with Camelot’s Canadian owner about a takeover