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
Business
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
Shirley Baskin Familian, the public TV pioneer, multimedia artist, philanthropist and businesswoman who was involved in the founding of Baskin-Robbins Ice Cream, passed away peacefully on the night of October 13 with her children at her side, according to her family. She was 101. Familian was deeply involved in KCET since its advent in 1964. During her
A veteran investment banker is being lined up to chair one of Britain’s biggest car parts manufacturers as it prepares for a newly independent life as a standalone listed company. Sky News has learnt that Simon Mackenzie-Smith, a prominent City figure during a long career at Bank of America Merrill Lynch, is close to being
UPDATE: Authorities identified the suspect in the violent attack on Nancy Pelosi’s husband, Paul Pelosi. David Depape, 42, will be charged with attempted homicide, assault with a deadly weapon, elder abuse, burglary and several other additional felonies, according to a San Francisco Police Chief William Scott. CNN reported that the suspect broke into the house
The head of NatWest, which is state-controlled, has defended the amount of tax that big banks pay. Alison Rose, the chief executive, said banks were taxed more than “any other sector” and more than the financial service sectors in other countries. Speaking on Ian King Live, Ms Rose said: “On taxes, the banking sector already
EXCLUSIVE: Brian Wittenstein has left the Hyperion Talent Agency. According to multiple sources, it all came down quickly this week. I hear a client of his approached the leadership of Hyperion, launched and run by former UTA agent Ryan Bartlett, with a complaint about Wittenstein’s behavior. Details are sketchy but according to sources, whatever Wittenstein
The gap between housing benefit and the actual cost of private rent has risen by 40% in just five months, Sky News has learned. Figures from the homeless charity Crisis and Zoopla show that affordable homes in England, for those on housing allowance, have declined by more than a third. It means only 8% of
EXCLUSIVE: Tony Award-winning director Anna D.Shapiro (August: Osage County), Oscar-nominated producer Leelai Demoz (On Tip-Toe), Tony-nominated actor/writer Ian Barford (Linda Vista) and entrepreneur Brad Keywell (Groupon, WNDR Museum) have teamed up to create multimedia venture Highwire Media, an artist-first production company that is developing and producing projects across film, theater, and television. Highwire Media’s debut
Shell has reported operating profits of $9.5bn (£8.19bn) for the third quarter of this year, lower than that of the three months before but still more than double the same period in 2021. The London-listed energy giant reported two consecutive quarters of record profit in the first half of the year at a time of
Hollywood’s Covid protocols have been extended until Jan. 31, 2023, per an agreement between the Alliance of Motion Picture & Television Producers and Hollywood’s unions. The vaccination mandate, which gives employers the limited option to require Covid vaccinations as a condition of employment, will remain in place. This is the tenth time the return-to-work protocols
Elon Musk has been seen entering Twitter HQ – carrying what appears to be a sink. Mr Musk tweeted a video showing himself walking into the building in San Francisco a day after reports that he could close his $44bn takeover of the site by the end of this week. The 51-year-old captioned the video:
EXCLUSIVE: Comedian, actor, producer and podcaster Andrew Schulz (Infamous) has signed with CAA. One of the biggest and most influential names in comedy today, the business-savvy Schulz has been credited with helping to spur democratization in comedy, having proven that comics looking to self-release via platforms like YouTube and retain ownership of their material can
Ford has announced the end of the UK’s best selling car – the Fiesta. By the end of June next year, no more Fiestas are to be produced in the manufacturer’s factory in Cologne, Germany. The Fiesta was the UK’s best selling car with 4,804,098 sold, according to data from the Society of Motor Manufacturers
Award-winning producer Ben Feigin, who served as an executive producer on Schitt’s Creek, died Monday of pancreatic cancer. He was 47. Feigin played a key role in the launch of Schitt’s Creek by crafting its unique business model. He sourced non-traditional financing and sold the series on a non-exclusive basis to multiple licensees worldwide. He also
The pound hit a six-week high as Rishi Sunak became prime minister today, another sign of the markets welcoming the country’s new leader. Sterling was up 1.8% against the dollar at $1.147, having risen by 1.92% to $1.150 earlier in the day – the highest level since 15 September. On Friday afternoon the pound had
Jonathan Martin is returning to Politico after almost a decade at The New York Times. Martin has been the senior political correspondent for the Times and a political analyst for CNN. He also is the co-author with Alexander Burns of This Will Not Pass: Trump, Biden and the Battle for America’s Future. At Politico, Martin
The price of low-cost everyday grocery items has increased 17% in the 12 months to September, data from the Office of National Statistics (ONS) has shown, more than the average rate of food and drink inflation. The figures, based on web-scraped supermarket data for 30 everyday grocery items, showed the cost of items had already
The 100-plus-year-old Motion Picture & Television Fund, hit by a “perfect storm” of rising expenses and declining revenue, is facing its “imminent demise” and the very real prospect of closing its doors and going out of business by the end of 2022 unless it gets a dramatic infusion of cash donations. “Our mission has never
The financial markets appear to have welcomed news that Rishi Sunak will be the UK’s next prime minister. The pound was up 0.15% against the US dollar just moments after Sir Graham Brady, chairman of the 1922 committee, said that only one valid nomination had been received for the top job. On Friday afternoon, the