Bloomberg UK households face a $24 billion spike in their energy bills in April, and the government is running out of time to do something about the biggest reason why: ballooning wholesale costs. Finding a way to help energy companies lessen that 18 billion-pound jolt, or at least spread it over several years, would be the most effective option, ...

  Bloomberg Norway boosted an aid program to offset soaring electricity costs for a second time in less than a month, citing the “socially unjust” effect of high prices on households. The state will cover 80% of power costs when the market price for electricity is above 70 Norwegian ore ($0.08) per kilowatt hour in the January to March period, ...

  There’s a frequent warning made in recent years to investors seeking to pressure companies to offload their fossil fuel assets: If listed businesses don’t own those mines, they’ll go over to the dark side. Polluting businesses sold to private equity may continue to “operate under new owners in the shadows,” former US Vice President Al Gore warned in the ...

  At some point after he became chief surgeon in Napoleon’s army, Dominique Jean Larrey started walking across blood-soaked battlefields to pick out those among the wounded who could still be saved, usually by instant amputation of limbs. In time, he developed a system of sorting and separating — trier in French — the casualties. Ignoring rank and nationality, he ...

  A new year’s resolution for billionaire Jack Dorsey: Spend more time on Tidal, the music-streaming platform recently acquired by his fintech firm Block, and less time on Twitter, where he’s no longer in charge but still making himself heard. Block’s $297 million purchase of a majority stake in Tidal was one of many post-Covid music milestones over past year, ...

  Car dealerships are, in essence, giant lots staffed by folks trained in the art of emptying those lots as quickly as possible and repeating the process ad infinitum. But 2021 was a strange year for all of us, dealers included. Their lots emptied … and then quite often stayed empty as supply-chain snafus idled auto factories. Figures indicate sales ...

  Bloomberg Travellers at Mexico City’s airport had to withstand lines that stretched far outside the hub’s doors and onto the sidewalk just to drop off their bags as airlines were hit with staffing shortages due to Covid-19. At least 65 Mexico City flights were cancelled over the past 24 hours, according to tracking site FlightAware. Over the past week, ...

  Bloomberg American Airlines Group Inc. and its pilots will seek to reach a short-term contract agreement through a “super negotiations” strategy of accelerated talks starting this month. The two sides will meet five days a week for one month starting Jan. 17, the Allied Pilots Association union told its members. The negotiations will focus on scheduling and compensation in ...

  Bloomberg A US labor official granted a request by Arizona workers at Starbucks Corp. to hold an election that could expand the new unionized foothold at the retail coffee chain, rejecting the company’s arguments against holding store-by-store votes. The National Labor Relations Board’s regional director ordered that ballots be mailed out January 14 to employees at a store in ...

  Bloomberg US labor board prosecutors are trying to violate Whole Foods Market’s copyright and constitutional rights by forcing it to let employees wear “Black Lives Matter” (BLM) masks at work, the Amazon.com Inc. subsidiary claims. In a December 17 filing with the National Labor Relations Board, Whole Foods denied the agency general counsel’s allegations that the company violated federal ...