Mike Ashley’s Frasers Group makes £83m offer for handbag maker Mulberry | Mergers and acquisitions

Mike Ashley’s Frasers Group makes £83m offer for handbag maker Mulberry | Mergers and acquisitions

Mike Ashley’s Frasers Group has filed a possible £83m offer to buy the luxury brand Mulberry as it expressed concerns about the future of the British handbag maker. Frasers – the owner of Sports Direct, Evans Cycles, the House of Fraser department stores, the luxury streetwear chain Flannels and multiple brands from Slazenger to Jack … Read more

Verizon 'making progress' after nationwide outage as services come back

Verizon 'making progress' after nationwide outage as services come back

(NEXSTAR) — While multiple cellphone and internet providers were working to restore services Monday after Hurricane Helene struck the Southeast, one company was struck by a “nationwide outage.” User reports for problems with Verizon, AT&T, and T-Mobile initially spiked on Downdetector, a site that tracks outages across platforms and services, at around 10 a.m. ET. … Read more

Murdoch-backed REA abandons attempt to take over Rightmove | Rightmove

Murdoch-backed REA abandons attempt to take over Rightmove | Rightmove

The Rupert Murdoch-backed real estate company REA Group has abandoned its attempt to take over the website Rightmove after its fourth offer was rebuffed on Monday. The Australian group majority-owned by Murdoch’s News Corp announced that it had decided not to make a formal bid, hours after Rightmove’s board rejected its £6.2bn proposal made on … Read more

Is UK maternity pay excessive and how much does it cost the taxpayer? | Maternity & paternity rights

Is UK maternity pay excessive and how much does it cost the taxpayer? | Maternity & paternity rights

What is the controversy about maternity pay? The Conservative leadership candidate Kemi Badenoch was asked on Sunday if she thought maternity pay was at the right level. Her reply was taken to mean she thought maternity pay was “excessive”.  “Statutory maternity pay is a function of tax; tax comes from people who are working,” she … Read more

Delhi Capitals owner buys majority stake in Hampshire CCC for £120m | Hampshire

Delhi Capitals owner buys majority stake in Hampshire CCC for £120m | Hampshire

Rod Bransgrove, Hampshire’s chairman, has hailed a “landmark” £120m deal to sell the club to the co-owners of the Indian Premier League’s Delhi Capitals and has predicted other counties will follow suit. The deal makes GMR Group the first overseas owners of an English county cricket team. Bransgrove is confident they will not be the … Read more

Why did Kemi Badenoch attack maternity pay? Ask the Tory members … | Zoe Williams

Why did Kemi Badenoch attack maternity pay? Ask the Tory members … | Zoe Williams

Kemi Badenoch polished her brand as the say-the-unsayable candidate for Conservative leader thus: “Statutory maternity pay is a function of tax; tax comes from people who are working. We’re taking from one group of people and giving to another. This, in my view, is excessive.” She was talking to Times Radio, which maybe she considered … Read more

‘Perpetual’ cruise to leave Belfast after passengers wait four months in port | Northern Ireland

‘Perpetual’ cruise to leave Belfast after passengers wait four months in port | Northern Ireland

More than 100 passengers are due to finally leave Belfast on Monday on a three-year round-the-world “perpetual” cruise after being marooned unexpectedly in the city for four months. They were supposed to have set sail from the legendary Harland and Wolff dockyards in Belfast, best known as the home of the Titanic, on 30 May. … Read more

Cybertruck Finally Gets Full Self-Driving (Supervised)

Cybertruck Finally Gets Full Self-Driving (Supervised)

A select number of all-electric Tesla Cybertrucks now have the ability to drive on US highways hands-free, after the automaker pushed an update to vehicles this morning. Tesla AI head Ashok Elluswamy wrote on X that Cybertrucks will be the first Tesla vehicles to receive the “end-to-end on highway” driving feature, which the company says … Read more

‘It’s heartbreaking’: gloom in Port Talbot as steel town’s last blast furnace closes | Steel industry

‘It’s heartbreaking’: gloom in Port Talbot as steel town’s last blast furnace closes | Steel industry

Alun Davies looks across to the plumes of steam that rise from Port Talbot’s last blast furnace, soon to be extinguished. The mood in the rainswept south Wales steel town is “heartbreaking”, says Davies, the national officer for the steelworkers’ union Community and a former steelworker of nine years. “It’s smashed to pieces,” he says. … Read more