Business

Saracens, the Championship rugby club plunged into crisis last year after breaching salary cap rules, has secured new backers even as the coronavirus crisis hammers elite sport’s commercial income. Sky News has learnt that Saracens will this weekend unveil a multimillion pound long-term naming rights and kit sponsorship with StoneX, a global financial services group

California Governor Gavin Newsom’s Office of Emergency Services announced on Thursday that a temporary morgue would be erected in the parking lot adjacent to the L.A. County Coroner’s building to handle the record number of bodies it’s seeing. The facility will include at least five 53-foot trailers supplied by the state and five more supplied

It is fair to say most of America’s business leaders never took to Donald Trump. Now, in the dying days of what has arguably been the most divisive presidency in US history, the gloves are off. US business leaders are taking to the airwaves and queuing up to condemn the outgoing president for egging on

Google said today that it has banned the alt-right Parler app from its Google Play Store “in order to protect user safety.” Separately today, Buzzfeed obtained an email Apple to Parler brass that gave them 24 hours to “remove all objectionable content” and submit “requested moderation improvement plan” or face being axed from the Apple

A “high volume” of lorries are being delayed and refused entry at ports including Dover due to “incorrect paperwork” following Brexit, a shipping company has said. One week into the new arrangements, disruption has begun to be felt from Britain leaving the EU’s customs union and single market and operating on new trade terms with

A reconceived SportsNation and a half-hour show from popular opinion host Stephen A. Smith are heading to ESPN+ as the growing streaming service adds more episodes of studio fare. Both shows are slated to premiere Monday exclusively on January 11. SportsNation will hit the streaming service every weekday at 9:30AM ET and then be available

Mark’s & Spencer has reported a big fall in clothing and homeware sales during the Christmas quarter, due to retail restrictions and the coronavirus pandemic keeping demand low. Revenue at the chain’s clothing and home division slumped 25.1% in the 13 weeks to 26 December, its fiscal third quarter, following a 21.3% fall in the

SAG-AFTRA has filed a friend-of-the-court brief in the executive poaching battle between Netflix and Disney-owned Fox. The union isn’t taking sides but says “the case raises important questions about the right of workers to pursue employment opportunities, and the strong protections in California law against employers holding their workers off the market, especially when they

The Microsoft co-founder Bill Gates is on the brink of joining forces with one of the world’s biggest private equity investors to mount a £3bn takeover bid for a provider of services to private jet owners. Sky News has learnt that Cascade Investment, a vehicle which manages part of Mr Gates’ personal wealth, and Blackstone

The Office, which now streams exclusively on NBCUniversal’s Peacock, gained momentum in its final days on Netflix, according to the latest U.S. streaming numbers from Nielsen. The sitcom finished No. 1 for the period of December 7 to 13, with more than 1.2 billion minutes of streaming. It was the seventh No. 1 finish for

Ryanair has hit out at the UK and Irish governments for their handling of coronavirus vaccine roll-outs while slashing flights and its passenger forecasts. The no-frills carrier said it was to “significantly cut” services from Thursday 21st January which would result in “few, if any, flights being operated to/from Ireland or the UK from the

Refresh for updates... UPDATE, 5:45 PM PT:  “This will be a stain on our country, not easily washed away,” said Senator Chuck Schumer tonight of the violence and rioting on Capitol Hill today by supporters of Donald Trump. “The final, terrible, indelible legacy of the 45th president of the United States — undoubtedly our worst,”

The FTSE 100 has hit its highest level in ten months, building on a recovery that has lagged its peers during the coronavirus crisis to date. The blue-chip index added 229 points, or 3.5%, on Wednesday to close at 6,841. When points are converted to pounds, it meant almost £61bn was added to its collective

New York Governor Andrew Cuomo announced legislation to authorize mobile sports wagering — sending shares of at least two companies higher Wednesday. Sports betting company DraftKings was up nearly 4% at $49.28. Gan, a supplier of Internet gaming software, surged 12% $22.27. Under Cuomo’s proposal, the New York State Gaming Commission will issue a request for proposals to select

New car sales fell to their lowest level in nearly three decades last year as coronavirus lockdowns crushed demand, according to industry figures. Just 1.63 million vehicles were registered in 2020, the fewest since 1992, data from the Society of Motor Manufacturers and Traders (SMMT) showed. It was a 29% fall compared to the previous

UPDATE, 8:19 PM: Prolific music producer and music industry giant Dr. Dre said he is doing well after being hospitalized for a brain aneurysm. Dre addressed his friends, family and fans with a social media post shared on Tuesday night. “Thanks to my family, friends and fans for their interest and well wishes. I’m doing

Businesses in the retail, hospitality and leisure sectors will receive up to £9,000 in one-off grants to help them through England’s new coronavirus restrictions, the chancellor has said. The grants were part of a package of measures announced by Rishi Sunak totalling £4.6bn to help struggling firms after the latest measures came into force. Advertisement

John Stephens, the outgoing CFO of WarnerMedia parent AT&T, defended the company’s move to release its 2021 film slate concurrently on HBO Max and in theaters and cited Warner Bros. century-long relationship with Hollywood talent — with some disgruntled at the move and the way it was communicated. “We’ve got a long history of working

Struggling businesses “may simply not be there” when the economy reopens after lockdown unless they are given further support, the government has been warned. The British Chambers of Commerce (BCC) said it was “baffled and disappointed” that more assistance was not announced alongside latest restrictions in England and Scotland. Britain’s beleaguered pub industry was among

“We’re going to start seeing more rapid distribution of vaccines, I can assure you of that,” promised California Governor Gavin Newsom on Monday. “That said, it’s gone too slowly, I know, for many of us. All of us, I think, we want to see 100% of what’s received immediately administered in people’s arms.” That has