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Diane Ackerman

Uber Squeezed Europe’s Taxi Drivers. Now It Wants to Hire Them

Diane Ackerman
Drivers like Hubert might be skeptical of Uber’s deals, but within some unions there is real hostility toward the company. “We don’t expect anything from Uber. It is a predatory multinational that cares little about workers, little about…

5 things to know before the stock market opens Friday, October 28

Diane Ackerman
Amazon CEO Andy JassyF. Carter Smith | Bloomberg | Getty ImagesHere are the most important news items that investors need to start their trading day:1. Reality bytesWe knew this was going to be a pivotal week for stocks, with so many Big…

Twitter braces for Donald Trump’s return as Elon Musk takes over platform | Twitter

Diane Ackerman
Hate speech and misinformation experts are bracing for the return of Donald Trump to the platform, as Elon Musk completes his acquisition of Twitter.The social media site permanently removed Trump in January 2021, saying the former…

EU pushes ahead with plan to ban new diesel, gasoline cars

Diane Ackerman
An electric car being charged in Germany. The European Union is moving forward with plans to ramp up the number of EVs on its roads.Tomekbudujedomek | Moment | Getty ImagesThe EU's plans to phase out the sale of new diesel and gasoline cars…

UK’s biggest gas storage site brought back online in time for winter | Centrica

Diane Ackerman
The UK’s biggest gas storage site has been brought back online in time for what could be one of the tightest winters for years for energy suppliers trying to meet demand.Centrica said it had brought the Rough gas storage facility in the…

NatWest reports £1.1bn profit as it predicts 7% fall in UK house prices | NatWest Group

Diane Ackerman
Pre-tax profits at NatWest Group remained flat between July and September at £1.1bn, amid a worsening economic outlook and a cost of living squeeze on its customers, as the bank predicted UK house prices would fall by 7% next year.Its…

Oil and gas firms are still making a killing – and No 10 is letting them | Juliette Garside

Diane Ackerman
It is Christmas every day for oil and gas companies, and their shareholders and executives are laughing all the way to the bank, leaving the rest of us to pick up the cost in higher energy prices, inflation, bankruptcies and a deepening…

‘I’m not very well and I need heat’: at the warm bank in Wolverhampton | Wolverhampton

Diane Ackerman
A big poster outside the Bob Jones Community Hub in Wolverhampton proclaims “I’m a warm space” and offers people free hot drinks, phone charging points and place to keep warm for as long as they like.It is one of 38 warm banks, branded as…

Amazon shares drop nearly 20% after company predicts weaker holiday sales | Amazon

Diane Ackerman
Amazon shares dropped close to 20% in after-hours trading on Thursday after the company said its all-important holiday shopping season would be smaller than expected.The company is the latest tech giant to disappoint Wall Street this week.…

Apple weathers tech industry storm to top profit and revenue targets | Apple

Diane Ackerman
Apple’s quarterly earnings on Thursday revealed that the company is weathering the ongoing tech downturn better than its competitors, reporting revenue and profit that topped Wall Street targets.Revenue rose 8% this quarter to $90.1bn,…
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