Business

Striking writers in New York City said they disrupted filming of FBI: Most Wanted for a second straight day by heading off a planned location shoot at a public park in Brooklyn on Friday morning and later by causing slowdowns of work on the Dick Wolf-EP’d crime drama starring Dylan McDermott and Alexa Davalos at a nearby

Virgin Orbit has pushed back the deadline for rescue bids as the commercial satellite venture founded by Sir Richard Branson scrambles to avert bankruptcy. Sky News has learnt that the company and its advisers have told would-be buyers of the company that they must now submit final offers by May 19, several days later than

UPDATE: NBCUniversal confirmed that sales chief Linda Yaccarino is leaving the company, amid reports that she will become Twitter’s new CEO. Mark Marshall, who is currently president of advertising sales and client partnerships, will become interim chairman of NBCU’s advertising and partnerships group. He’ll report to Mark Lazarus, the chairman of NBCUniversal Television and Streaming.

The Bank of England has raised interest rates for a record-breaking 12th successive meeting, lifting the cost of borrowing to 4.5% and warning that inflation would be higher this year than it previously anticipated. The Bank’s Monetary Policy Committee said that there would be no recession this year, upgrading its economic growth forecasts by more

CNN’s Anderson Cooper devoted a portion of his primetime program to address the backlash against the network for its town hall with Donald Trump, in which the Republican spewed lies and misinformation before a friendly, cheering audience. “You have every right to be outraged and angry and never watch this network again,” Cooper told viewers.

The governor of the Bank of England has told Sky News he expects inflation to fall “rapidly” in just weeks – but warned two thirds of the pain from interest rate rises is yet to come. Andrew Bailey made the comments after interest rates were increased for a record-breaking 12th successive time, lifting the cost

Roku, NFL Films and Skydance Sports are teaming on a documentary feature about the NFL Draft. Once an obscure, bureaucratic ritual involving a conference room full of league officials, the draft has mushroomed into a pop culture event drawing millions of live TV viewers. Long held at New York’s Radio City Music Hall, the draft

The Bank of England is set to impose another interest rate hike on the UK economy today, the 12th consecutive increase in its battle to curb rampant inflation. Both financial markets and economists widely expect a 0.25 percentage point rise to 4.5%. The Bank Rate had stood at 0.1% in December 2021 before the tightening

Stockholders have expressed serious displeasure with 2022 executive compensation at Warner Bros. Discovery led by CEO David Zaslav, according to the result of a vote at the annual meeting Monday that was filed with the SEC today. The so called say-on-pay vote saw nearly half of all votes cast coming out against last year’s comp,

It’s an ugly word for an ugly phenomenon. ‘Greedflation’ is the new buzzword in economics. The thesis is quite simple. While a certain chunk of the inflation we’re currently living through can undoubtedly be put down to higher energy prices and a chunk put down to higher wages as employers pass those costs onto their

Imagine Dragons, in solidarity with the writers strike, showed up at the Netflix picket line to support writers. Dan Reynolds and guitarist Daniel Wayne Sermon gave an impromptu performance in front of Netflix’s headquarters in Los Angeles. The duo performed hits like “Radioactive” and “Whatever It Takes.” Watch the video of Imagine Dragons performing that

Ryanair has ended a price feud with Boeing to confirm a deal for 300 new planes which, the no frills carrier said, was a record US order by an Irish company. Europe’s largest airline by passenger numbers said it was buying 150 737 MAX 10 aircraft with an option for a further 150 for delivery

Some of Hollywood’s high-profile show creators with big overall deals have been noticeably absent from the picket line over the last eight days — that is, until Tuesday. Chuck Lorre, the most successful sitcom creator working in television today, hit the picket line outside of Warner Bros. TV with the equally powerful Bill Prady, his

One of Britain’s biggest companies has warned that the UK risks squandering its lead in one of the most important green technologies because of the government’s reluctance to support its companies. Johnson Matthey, the chemicals and metals company which is currently responsible for most of the world’s catalytic convertors, told Sky News it has intellectual

AMC Networks posted first-quarter earnings well ahead of Wall Street estimates, boosting shares in pre-market trading. The parent company of cable networks AMC and IFC and streaming services AcornTV and Shudder had earnings per share of $2.36, down a tick from the $2.38 reported in the year-ago quarter. Revenue inched up almost 1% to $717.4

Ministers will this week take a further step towards imposing obligations on regulators to promote the competitiveness of Britain’s financial services industry. Sky News understands that the Treasury will publish a call for proposals on Tuesday that will seek ideas for ways to measure watchdogs’ compliance with the new requirements. The move to solicit suggestions

The White House hosted a screening of the upcoming Disney+ series American Born Chinese, and in remarks beforehand, President Joe Biden keyed in on the presence of its star, recent Oscar winner Ke Huy Quan. “My name is Joe Biden,” the president said from the East Room, to some chuckles. “I have never won an

The chief executive of Royal Mail is in advanced talks to leave the company just weeks after his credibility was questioned by MPs investigating the performance of the former state-owned monopoly. Sky News has learnt that the board of International Distributions Services (IDS), Royal Mail’s London-listed owner, could announce as soon as this week that

Bronny James, LeBron James’ son, has committed to playing basketball at USC. After weeks of speculation, Bronny shared the news of his decision on Instagram with a photo from inside the locker room of the University of Southern California sporting a uniform with the number “0.” “Fight on,” read the caption on the post Bronny

BP is exploring a sale of two of the companies owned by its early-stage ventures arm in a move which could raise tens of millions of pounds. Sky News has learnt that the FTSE 100 company’s Launchpad division has begun contacting prospective buyers of Lytt and Onyx Insight in recent weeks. Lytt transforms large amounts