Sky reported a doubling of its annual losses last year as the media and telecoms company spent more on programming and costs relating to its broadband services and hardware such as mobile devices and Sky Glass TVs increased. The company, which earlier this year cut 1,000 jobs, reported an operating loss of £224m for 2023.…
Ministers want to turn the Post Office into a co-operative and have asked business experts to investigate ways of handing control of the 364-year-old institution over to the subpostmasters who operate it. Management consultants have been asked to explore ways to turn the scandal-hit body over to an employee-owned mutual, similar to the way the…
Boeing workers have tentatively scheduled a vote on a proposed labor deal that could signal the end of the strike on which they went more than a month ago, their union said on Saturday. A contract ratification vote is expected this upcoming Wednesday, 23 October, the International Association of Machinists and Aerospace Workers (IAM) said…
Single-sex teams are something for the football pitch, not the workplace. It’s not the 1950s. Many studies show the benefits of mixed teams: among scientists, for example, they produce more impactful research. But does it matter how mixed they are? Yes, for the women in them, concludes fascinating American research. In a couple of experiments, undergraduates were…
Shopping centres across the UK have been declining in recent years, as a vicious cycle of store closures and internet shopping have changed consumer habits for good. With this in mind we would like to hear how your local shopping centre and how you use it have changed over the years. As well as shopping,…
At a rally in Detroit, Republican candidate Donald Trump claimed that Kamala Harris would impose an electric vehicle ‘mandate’. Harris, during a duelling rally in Oakland County, addressed the claim, saying ‘contrary to what my opponent is suggesting, I will never tell you what kind of car you have to drive’. Harris then went on…
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines on Friday said it reached an agreement with its credit card processor to again extended a debt refinancing timeline to December, hours before it was set…
Tressie Lieberman, their incoming global chief brand officer at Starbucks Courtesy: Starbucks Starbucks has tapped Chipotle alum Tressie Lieberman as its global chief brand officer, a newly created position and the latest executive change under Brian Niccol after he left Chipotle and took over as CEO of the coffee chain last month. In Niccol’s first…
Embraer CEO Francisco Gomes Neto speaks during the Embraer Media Day 2022 at the aircraft factory in Sao Jose dos Campos, Brazil, May 30, 2022. Carla Carniel | Reuters Brazilian plane maker Embraer is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC. A…
The Federal Aviation Administration (FAA) said on Friday it will open a three-month review of Boeing’s compliance with safety regulations, continuing the agency’s closer oversight of the company since a panel blew off a Boeing jetliner during an Alaska Airlines flight in January. The FAA said its review will examine key areas of safety processes…
