Tags: Business

U.K. PM Sunak criticized for pushing back ban on new gas and diesel cars

Britain’s Prime Minister Rishi Sunak announced Wednesday that he is delaying by five years a ban on new gas and diesel cars that had been due to take effect in 2030, watering down climate goals that he said imposed “unacceptable costs” on ordinary people. The move angered green groups, opposition politicians and large chunks of…

Republican presidential field: One party, many brands

Republican presidential field: One party, many brands | View caption Hide caption The 2024 Republicans don’t have that problem. From the debate stage to the campaign trail, whether they’re talking about Ukraine or abortion or the Jan. 6 riot at the U.S. Capitol, these candidates’ pitches have been so jarringly different from one another that…

Former CEO of Backpage.com doesn’t hold back in testimony: ‘They were prostitution ads’

A key witness in the government’s second trial targeting Backpage.com didn’t hold back when he told jurors that a co-owner and operators of the now-defunct site knew they were promoting the sex trade. “They were prostitution ads,” former CEO Carl Ferrer said during the first day of testimony Tuesday, according to Courthouse News. Asked whom the…

Is the Disney-Charter dispute the beginning of the end of cable TV?

Disney and Charter Communications, one of the country’s biggest cable TV providers, are locked in an intense battle over carriage fees, a fight that CNN reported “could lead to the dismantling — or revolution — of the cable television bundle.” The conflict reached a critical point over Labor Day weekend “at the most inopportune time…

Why shopping app Temu could be cause for consumer concern

If you hadn’t yet heard of Temu, chances are you would have soon. Consider it a wannabe Amazon, another morally questionable online retailer with prices so low you can understand why an inflation-plagued consumer would want to take advantage. And it’s only getting more popular — unique visitors in the U.S. catapulted from 5.1 million…

Is in-person shopping dying?

The Covid-19 pandemic boosted the popularity of online shopping as people were stuck at home. However, coming out of lockdown, the shopping experience has changed, inspiring a new round of debate over whether brick-and-mortar stores can survive in the digital age.  The shopping experience has gotten worse “Going to the store … is a battle that…

The best age for financial choices

Here are three of the week’s top pieces of financial insight, gathered from around the web: The 1% down mortgage Forget 20%. Zillow is offering some homebuyers a 1% down payment, said Matthew Fox in Business Insider. For now, the hefty financing option is “only offered to eligible borrowers in Arizona, though the company intends…

10 things you need to know today: September 2, 2023

1 North Korea fires missiles into sea following US-South Korea drills North Korea fired several missiles into the sea on Saturday, South Korean officials said, in an apparent retaliation for extended joint military exercises between the United States and South Korea. The missiles were detected off the west coast of North Korea, according to a…

10 things you need to know today: September 2, 2023

1 North Korea fires missiles into sea following US-South Korea drills North Korea fired several missiles into the sea on Saturday, South Korean officials said, in an apparent retaliation for extended joint military exercises between the United States and South Korea. The missiles were detected off the west coast of North Korea, according to a…