Britain’s railways have become a “symbol of national decline” under the Conservatives, the shadow transport secretary has said, announcing Labour’s plans to nationalise the rail network within five years in government. In a speech at Trainline headquarters on Thursday, Louise Haigh said “today’s broken model simply doesn’t work”, with train cancellations at a record high … Read more
Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling shareholder Shari Redstone, according to people familiar with the matter. Paramount Global’s special committee, in charge of accepting or rejecting transactions, and David Ellison’s Skydance Media, backed by private equity firms KKR and RedBird … Read more
NEW YORK (AP) — For millions of American workers, the federal government took two actions this week that could bestow potentially far-reaching benefits. In one move, the Federal Trade Commission voted to ban noncompete agreements, which bar millions of workers from leaving their employers to join a competitor or start a rival business for a … Read more
Nifty on Thursday ended 168 points higher to form a bullish engulfing candle following a series of small candles, suggesting meaningful buying activity during the day. The hourly momentum indicator has triggered a positive crossover which is a buy signal and thus we expect the positive momentum to continue over the next few trading sessions. … Read more
The Federal Communications Commission has voted—once again—to assert its power to oversee and regulate the activities of the broadband industry in the United States. In a 3-2 vote, the agency reinstated net neutrality rules that had been abandoned during the height of the Trump administration’s deregulatory blitz. “Broadband is now an essential service,” FCC chair … Read more
A pickleball paddle and balls at the pickleball courts in Tropical Park on March 23, 2023, in Miami. (Jose A. Iglesias/El Nuevo Herald/Tribune News Service via Getty Images) Jose A. Iglesias | El Nuevo Herald | Getty Images America’s fastest growing sport, pickleball, is going after a new frontier: India. The United Pickleball Association and … Read more
(NewsNation) — Popular burrito and bowl chain Chipotle is telling employees to stop putting chicken on their own meals amid surging customer demand, Bloomberg reported Thursday. The request comes after the return of Chicken al Pastor, which has been a hit with customers but also created supply challenges, according to a company email sent to employees … Read more
The Indian market closed in the green for the fifth consecutive day on Thursday, tracking positive global cues. The S&P BSE Sensex rallied nearly 500 points, while the Nifty50 closed above 22,500 levels. Sectorally, buying was seen in auto, power, healthcare, metals, and public sector stocks, while selling was witnessed in realty and consumer durable … Read more
The Australian mining company BHP has set out plans for a £31bn takeover of rival Anglo-American in a deal that threatens to hasten the exodus of Britain’s largest firms from the City of London. The proposed takeover of London-listed Anglo would rank as one of the biggest deals in the global mining industry in the … Read more
Southwest is closing operations at four airports because of delivery delays for Boeing airliners. The cutback comes as the airline reported a first-quarter loss of $231 million and said it will also limit hiring and offer voluntary leave to employees. The airline is closing operations at Cozumel International Airport in Mexico, Syracuse Hancock International Airport in … Read more
