The Premier Inn owner Whitbread is to cut 1,500 jobs in the UK and shut more than 100 struggling restaurants despite announcing a significant rise in returns to shareholders. Whitbread, which runs 850 hotels in the UK and has the sector’s biggest brand, Premier Inn, said it was starting a consultation on the cuts on … Read more
The United Arab Emirates-backed consortium that proposed a £600m takeover of the Telegraph group is walking away after it said new legislation meant the acquisition was “no longer feasible”, triggering a fresh auction of the newspaper group. The decision by RedBird IMI – a partnership backed by Sheikh Mansour bin Zayed al-Nahyan, the UAE’s vice-president, … Read more
Importers of food from the EU into Britain have said newly introduced post-Brexit checks could increase their costs by up to 60%, pushing up prices for customers and driving some shops out of business. After five previous delays, the UK government on Tuesday introduced the physical checks on animal and plant products entering from the … Read more
Michael Jordan #23 and Scottie Pippen #33 Nathaniel S. Butler In the pantheon of theme songs for TV sports, “Roundball Rock,” John Tesh’s anthem that accompanied National Basketball Association games on NBC until 2002, is arguably the greatest. If NBCUniversal wins the rights to air the NBA again, it would have a chance to bring … Read more
Changpeng Zhao, founder of Binance, the world’s largest cryptocurrency exchange, has been sentenced to four months in prison. Judge Richard Jones, who presided over the sentencing hearing in the Western District of Washington on Tuesday, handed down a lighter sentence than the three years petitioned by the prosecution. Last November, Zhao—better known as CZ—pleaded guilty … Read more
Chief executives at HSBC, like those at Barclays, have had a habit in recent years of leaving in dramatic circumstances. The last one, John Flint, was ousted by a chairperson, the current incumbent Mark Tucker, who had appointed him only 18 months earlier. Going back to 2010, Michael Geoghegan was summoned to the Goring hotel … Read more
Editor’s Note: This story has been updated to omit a Texas location that had not yet opened. BENTONVILLE, Ark. (KNWA/KFTA) — Walmart Health has announced its plans to close all its locations and virtual care, according to a news release. The retail giant launched the health centers in 2019 but said on Tuesday that it … Read more
A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023. Lee Smith | Reuters The Federal Trade Commission on Tuesday said it is challenging hundreds of alleged “junk” patents held by pharmaceutical companies for 20 brand-name drugs, including Novo Nordisk’s blockbuster diabetes drugs Ozempic, Saxenda and Victoza. … Read more
(NewsNation) — The U.S. is facing a veterinarian shortage, putting a major strain on pet owners nationwide. A Mars Veterinary Health report estimates an additional 55,000 vets will be needed by 2023 to meet the demand for animal care. Are cicadas dangerous to your pets? The report also highlighted that it would take more than … Read more
Swingeing cuts to public spending on cycling and walking in England should be overturned as government expenditure was already insufficient to meet legally binding climate targets, the high court has been told. Campaigners are challenging a decision in 2023 to cut more than £200m from the Department for Transport’s active travel budget for the following … Read more
