Business

One thing that quite often puzzles people who do not work in financial markets is their tendency to treat seemingly good news as bad. We got a classic example on Friday with news that US employers added 336,000 jobs in September. That was up from 227,000 in August (a figure itself revised higher from the

Rooster Teeth is moving its content from YouTube to its own website, a move designed to bolster revenue that will allow them to create more content. In a video posted to X, showrunner Kerry Shawcross said that “YouTube revenue is just not cutting it for us anymore.” He noted that watching a video on the

JD Wetherspoon has credited a surge in sales and reduction in costs for its first annual profit since the COVID pandemic. The value pub and hotel chain, which trades from 826 sites across the UK and Ireland, reported profit before tax for the year to the end of July of £42.6m. That compared to a

Attorneys for former President Donald Trump are seeking to have his election conspiracy criminal indictment dismissed because of presidential immunity. In a filing on Thursday, Trump’s legal team wrote that “the prosecution does not, and cannot, argue that President Trump’s efforts to ensure election integrity, and to advocate for the same, were outside the scope

Metro Bank has kicked off talks about the sale of a £3bn chunk of its mortgage book as part of an increasingly urgent attempt to shore up its fragile balance sheet. Sky News has learnt that advisers to Metro Bank – which saw its shares plunge on Thursday after acknowledging that it was seeking to

SAG-AFTRA and the Alliance of Motion Picture and Television Producers on just wrapped their second day of renewed talks over a new three-year contract with a plan to meet again on Friday and even further down the line. “SAG-AFTRA and the AMPTP met for a full day bargaining session and have concluded,” the parties said

The competition regulator is to investigate the dominance of Amazon and Microsoft in the UK’s cloud market. It follows a study by the telecoms watchdog Ofcom which “identified features that make it more difficult for UK businesses to switch and use multiple cloud suppliers”. Ofcom added: “We are particularly concerned about the position of the

(Updated with Harvey Weinstein lawyer statement) Disney, CAA and Miramax are being sued by Julia Ormond over an alleged sexual assault by Harvey Weinstein in 1995. While the Legends of the Fall actress does not name her then-agents Bryan Lourd and Kevin Huvane or former Disney executives Jeffery Katzenberg and Michael Eisner in the filing

Metro Bank, the high street lender, is drawing up plans to raise hundreds of millions of pounds of new capital in weeks in a bid to strengthen its troubled balance sheet. Sky News has learnt that Metro Bank – the first new lender to open on Britain’s high streets in over 100 years when it

In another latest salvo amid tensions between video providers and programmers, DirecTV sent a letter to Warner Bros. Discovery warning that offering CNN as part of its streaming package risks violating the contract between the two companies. CNN’s new CNN Max launched last week on WBD’s Max streaming platform. Unlike its previous (and quickly shuttered)

Fuel retailers have dismissed claims that drivers are being overcharged following a surge in pump prices. Data released by the RAC on Wednesday showed an 8p per litre surge in the cost of diesel last month to a new average of 163.1p. Petrol prices rose by nearly 5p per litre to 157p. The motoring group

UPDATE: Kevin McCarthy‘s future as House speaker was in peril as enough Republicans joined with Democrats on a vote that clears the way for a roll call later on Tuesday to oust him. A vote to table GOP Rep. Matt Gaetz‘s resolution to remove McCarthy was rejected 218-208. Eleven Republicans joined with all Democrats, raising

Superdry, the struggling London-listed fashion retailer, is close to striking a partnership with India’s biggest retailer that will release tens of millions of pounds to bolster its fragile balance sheet. Sky News has learnt that Superdry is in advanced talks with Reliance Brands, part of the vast Mumbai-headquartered conglomerate, about a new licensing joint venture.

One down, and more to come. That’s the word from SAG-AFTRA and studio CEOS after meeting officially Monday for the first time since the 160,000-strong guild went out of strike on July 14 – they plan to do it again. “SAG-AFTRA and the AMPTP met for a full day bargaining session and have concluded. Negotiations

Food prices have dropped for the first month in more than two years, according to an industry lobby group that says food inflation is now in single digits. The British Retail Consortium (BRC)-NielsenIQ Shop Price Index found food inflation eased to an annual rate of 9.9% in September, which is down from 11.5% in August.

Donald Trump‘s civil fraud trial started Monday in New York with the former president trying to fill the void left by a prohibition on cameras in the proceedings. Before heading into the court this morning, he spoke to the media outside the courtroom, attacking Attorney General Letitia James‘ case and bashing the judge, Arthur Engoron.

Sir Jim Ratcliffe, the petrochemicals billionaire, is contemplating buying a minority stake in Manchester United Football Club rather than seeking full control, in an effort to end a nearly 10 months-long process to resolve the club’s future ownership. Sky News has learnt Sir Jim’s Ineos Sports vehicle has proposed to the controlling Glazer family a

They’re playing a football game tonight in East Rutherford, N.J. It will be nationally televised, sold-out, and features the defending NFL champion Kansas City Chiefs against the upstart New York Jets. But that’s all a sideshow to the real story of the night. All eyes will be on a certain box at the stadium rather

Water companies are making their case for a hike to annual household bills of up to £156 in the second half of the decade, to tackle challenges including shortages and sewage leaks. Industry body Water UK said the firms’ business plans, which have to be signed off by the regulator Ofwat, would see investment almost

Bill Cosby is a free man, but now the disgraced comic actor is facing yet another civil suit alleging sexual battery. A New Mexico woman claims Cosby drugged and raped her when she was working as a waitress at a Bay Area restaurant more than 50 years ago. In an 11-page complaint filed Thursday in