After the mourning period and state funeral for Queen Elizabeth II, the attention of the new Liz Truss government in the UK returns to how best to moderate cost-of-living pressures while seeking growth. The success of this approach, details of which will be made available in the next few days, is not assured. Much will depend on four economic and ...

You should reconsider the bank you use, at least for some of your savings. Chances are, if you’re a customer at one of the major retail banks, you’re leaving real money on the table. High-yield online savings accounts are finally starting to feel like they are in fact, high-yielding — or at least higher-yielding than they’ve been in recent years. ...

  Elon Musk’s bid to get out of buying Twitter Inc for about $44 billion goes to trial October 17 in Delaware. The same day, another multibillion-dollar lawsuit that zeroes in on good faith when parties sign contracts will be heard in US District Court in Washington. The investment firm Fairholme Funds Inc is leading a group that claims US ...

  The Bucha atrocities and more recent evidence of torture from the areas near Kharkiv recently retaken by the Ukrainian military create an impression of a Russian genocidal zeal — the kind exhibited by Nazi German troops in the territories they captured or, say, by Italian fascist troops in Ethiopia. Yet Vladimir Putin’s Ukraine adventure is such a flop precisely ...

  Bloomberg Amazon.com Inc’s cargo airline is growing at the slowest pace since the start of the pandemic, the latest sign that the e-commerce giant is adjusting to slackening demand. Amazon Air freighters averaged about 194 flights a day during a week earlier this month, up 3.8% from March, according to researchers with DePaul University’s Chaddick Institute for Metropolitan Development. ...

  Bloomberg JD Sports Fashion Plc will pay former boss Peter Cowgill at least £5.5 million ($6.3 million) as part of an exit deal after he was ousted in May amid concerns over the company’s governance practices, including a meeting he held in a parking lot with the head of a rival company. As part of the accord Cowgill is ...

  Bloomberg The air up there is getting crowded — and at least one major airline says other users need to pay their fair share. Companies launching rockets and satellite payloads, along with private jet operators need to pay — or pay more — to fund the nation’s monitoring grid for flights, which is seeing an uptick in airborne vehicles, ...

  Bloomberg HappyFresh has secured funding from investors to resume online grocery operations in Indonesia, staving off a potential cash crunch fomented by the regional economic slowdown. The Instacart-style grocery delivery service said it’s restarting operations in its home market, after a strategic review. It will work with venture debt funds Genesis, Innoven and Mars on restructuring the business, HappyFresh ...

  Bloomberg Marks & Spencer Group Plc will spend £15 million ($17 million) to support employees struggling with Britain’s spiraling cost of living. The retailer said that it plans to boost hourly wages to at least £10.20 from £10, its second pay rise this year, while providing one-time £250 M&S vouchers to 4,500 workers. Other measures include free meals every ...

Bloomberg Home Depot Inc employees based in Philadelphia have filed a petition to unionise, according to a National Labor Relations Board filing, a rare move at the home-improvement retailer amid a growing nationwide labor movement. The 274 employees included in the petition work in merchandising, specialty and operations associates, according to the NLRB filing. The petition was originally filed earlier, ...