Business

Los Angeles Unified School District Superintendent Alberto Carvalho issued another plea today for the Service Employees International Union Local 99 to return to the bargaining table in hopes of averting a three-day strike set to begin Tuesday. “We should not be depriving our students of an opportunity to learn,” Carvalho said in a statement Monday

As many as eight bids could be made for Manchester United before Wednesday’s deadline for second offers, it is understood. The Glazer family will definitely sell the club, but only for the right price – with £6bn believed to be their valuation. If their asking price is not met, the owners will raise capital to

Ruben Igielko-Herrlich, a veteran film marketer who co-founded the global entertainment marketing group PropagandaGEM, has died of brain cancer. He was 62. His family said he died March 7 after a four-year battle with glioblastoma. Igielko co-founded PropagandaGEM in 1991 with his longtime friend and business partner, Anders Granath. During the next three decades, the

Ministers are to pursue another step towards loosening the banking reforms introduced after the 2008 financial crisis despite the turmoil which prompted the emergency takeover of Credit Suisse at the weekend. Sky News has learnt that the Treasury will publish a call for evidence in the coming days about overhauling the Senior Managers and Certification

Def Leppard drummer Rick Allen is speaking out for the first time following a violent attack on March 13 in South Florida. “Thank you everyone for your overwhelming support. Your love and prayers are truly helping. My wife Lauren [Monroe] was thankfully not with me at the time of the incident. We are together now,

UBS will take over Credit Suisse in a deal aimed at stemming what was fast becoming a global crisis of confidence. Credit Suisse, the 167-year-old embattled lender had been brought to the brink of financial calamity last week, despite securing a $54bn (£44bn) credit line from Switzerland’s central bank. The credit line was agreed in

Watching Jesus Revolution surge past $45 million in ticket sales for Lionsgate—matching or besting The Fabelmans, The Banshees Of Inisherin, Tár, Women Talking and Triangle Of Sadness, combined—it finally seems safe to say it. The faith-based audience is back. Between Covid and the culture wars, it’s been a rough few years for those who make,

The Swiss government will hold a news conference later after UBS made a takeover offer for embattled Credit Suisse, local media reports. The possible emergency rescue comes after the authorities raced over the weekend to secure the rescue of the 167-year-old bank, which is among the world’s largest wealth managers, in a move hoped to

Lance Reddick’s widow, Stephanie Reddick, took to social media earlier today to pay tribute both to her late actor husband — who died of natural causes on Friday, aged 60 — and to all those who loved him. “Lance was taken from us far too soon,” said Stephanie in a message posted to her husband’s

Ann Summers boss Jacqueline Gold has died at the age of 62, her family has said. The multi-millionaire businesswoman, who passed away with her family at her side on Thursday evening after seven years of treatment for breast cancer, was hailed an “absolute warrior” by her sister. It comes just two months after the death

Rod Stewart canceled a tour date six hours before the show, citing a viral infection that irritated his throat. The 78-year-old singer was scheduled to play at Geelong in Australia, part of his “A Day on the Green” tour. Cyndi Lauper and Jon Stevens were the support acts. Concert producers Live Nation and Roundhouse Entertainment

The British arm of Silicon Valley Bank (SVB UK) has handed out millions of pounds in employee bonuses just days after its insolvency was averted through a Bank of England-orchestrated rescue deal. Sky News has learnt that the payouts to staff including its senior executives were signed off by HSBC, SVB UK’s new owner, earlier

SAG-AFTRA has reached a tentative settlement with the studios regarding unpaid Covid testing stipends. The stipends in question are for Covid testing payments on days when performers also were paid for fittings. In the Return to Work Agreement between the companies and Hollywood’s unions, actors and background performers who traveled outside their homes to take

Security guards at Heathrow Airport are to strike over Easter in a dispute over pay, with passengers warned they face “severe delays”. The Unite union said flights using Heathrow Airport will “experience severe delays and disruption this Easter” as the workers stage a 10-day walkout. More than 1,400 security guards employed by Heathrow Airports Ltd

Carrie Budoff Brown is expanding her role at NBC News, leading the network’s politics and elections while retaining oversight of Meet the Press with Chuck Todd. Budoff Brown will have the title of senior vice president, politics. She joined the network in 2021 as senior vice president of Meet the Press, having served as editor

A tumultuous week in the markets ended on an uncertain note – suggesting fears remain after large losses from the collapse of Silicon Valley Bank. The FTSE 100 (Financial Times Stock Exchange) index of the most valued companies on the London Stock Exchange started the day at around the 7,500 mark – better than all

After several days filled with complaints about excessive fees on the $20 tickets to see The Cure – including complaints from its frontman Robert Smith – a report indicates Ticketmaster will give back some of its fees. Rolling Stone reports this evening that Ticketmaster is giving a discount on its fees that more than doubled the

A group of 11 major banks have clubbed together to provide $30bn (£24.7bn) of cash in an attempt to end a crisis of confidence surrounding another major US bank. First Republic, a regional lender, was among those to have seen its share price collapse this week amid sector-wide balance sheet scrutiny prompted by the collapse

EXCLUSIVE: Jesús I. Valles’ play Bathhouse.pptx has been awarded the prestigious 2023 Yale Drama Series Prize, with the honor’s judge Jeremy O. Harris calling the new work an exploration of “a queer history that is quickly being erased.” The prize for emerging playwrights, now in its 16th year, was selected from more than 1,500 entries.

The European Central Bank (ECB) has maintained its fight against inflation and imposed a large set of interest rate hikes despite market turmoil. Bank balance sheets have suffered because of the effect of interest rate increases, which are thought to have contributed to recent crises at Silicon Valley Bank and Credit Suisse. But the central

The Biden Administration appears to be playing hardball, insisting TikTok’s Chinese parent company ByteDance divest the hugely popular video-sharing app in the U.S. According to the WSJ, it’s threatening a ban if that doesn’t happen. In a statement obtained by Deadline, TikTok responded to the sale pressure. “If protecting national security is the objective, divestment