Sir Jony Ive, the innovative designer of Apple’s iMac, iPhone and Apple Watch, and a close friend and collaborator of the late Steve Jobs, says he still often asks himself: “I wonder what Steve would do?” Ive told BBC Radio 4’s Desert Island Discs on Sunday that he does so despite the fact that Jobs had…
BMW Group has paused a £600m investment into a Mini car assembly plant on the outskirts of Oxford, amid a declining demand for electric vehicles. In 2023, the German carmaker, which has owned Mini since 2000, announced the investment to upgrade its Cowley plant for electric production of the Mini. It was supported by government-backed…
Sir Elton John has called on the government to rethink proposals involving the relaxation of copyright rules in the hope of protecting creative talent from AI. The singer and songwriter is among a growing list of public figures to express concerns about plans that would allow tech firms to use online material, including creative work,…
It was hailed as “the future of UK parking”, intended to remove one of the bugbears of modern life: the need to sign up to a plethora of different apps in order to park your car. But a big question mark now hangs over the future of the National Parking Platform (NPP), a government-funded scheme…
Sopa Images | Lightrocket | Getty Images Bluebird Bio will sell itself to private equity firms Carlyle and SK Capital for about $30 million, the company said Friday, marking the end of the Bluebird’s fall from the one of the buzziest biotech firms to one that was on the cusp of running out of money.…
General atmosphere during an IMAX private screening for the movie “First Man” at an AMC theater in New York City on Oct. 10, 2018. Lars Niki | Getty Images Entertainment | Getty Images An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on…
Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. Hollie Adams | Reuters The long-running U.S. shortage of Novo Nordisk‘s blockbuster weight loss injection Wegovy and diabetes treatment Ozempic is resolved after more than two years, the Food and Drug Administration said on Friday. The FDA’s decision will threaten the…
Anthony Volpe #11, Jasson Domínguez #24 and Paul Goldschmidt #48 of the New York Yankees talk during spring training at George M. Steinbrenner Field on Feb. 19, 2025 in Tampa, Florida. New York Yankees | Getty Images Start spreading the news: For the first time in nearly 50 years, the New York Yankees are allowing…
A “For Sale” sign on a house in Philadelphia, Pennsylvania, US, on Friday, Aug. 16, 2024. Joe Lamberti | Bloomberg | Getty Images The U.S. housing market continues to weaken, as potential buyers face stubbornly high mortgage rates, high prices and limited supply of listings. Sales of previously-owned homes fell 4.9% in January from the…
Rivian Automotive beat Wall Street’s fourth-quarter earnings expectations and achieved its first gross quarterly profit – a target closely watched by investors – but is forecasting lower sales in 2025. The electric vehicle maker reported a gross profit, which includes production and sales but does not factor in other expenses, of $170 million during the…
