Money Moves

Tesla shareholders have approved a substantial compensation plan for CEO Elon Musk, potentially nearing $1 trillion. This decision indicates shareholder optimism regarding Musk’s ability to elevate Tesla’s market value to $8 trillion over the next decade. Achieving such a valuation would set Musk on a course to possibly become the world’s first trillionaire. During a […]

A new flame retardant for wood products, known as Burnblock, has garnered attention for its effectiveness in preventing fire. Developed by the Danish company of the same name, Burnblock has been incorporated into the treatment of wood by Halt, a Belfast-based wood treatment company. This substance aims to slow the spread of flames, with tests

A committee of MPs has advised the government to avoid yielding to pressure from the gambling industry regarding a potential increase in taxes on online betting games. Chancellor Rachel Reeves indicated that changes to tax rates for betting firms might be proposed in the upcoming Budget. The online gambling sector now constitutes nearly half of

McDonald’s has announced plans to implement new sexual harassment training for managers in collaboration with the Equality and Human Rights Commission (EHRC) aimed at enhancing staff protection measures. This initiative comes in response to serious allegations of abuse raised in previous investigations, prompting the EHRC to intervene. A BBC investigation from two years ago revealed

United Airlines, Southwest Airlines, and Delta Air Lines have started cancelling flights in response to a directive from the Federal Aviation Administration (FAA), aimed at reducing flight operations at 40 major airports. The reductions are intended to address safety concerns stemming from a shortage of air traffic controllers due to the ongoing federal government shutdown,

The UK government has reclaimed £74 million from companies managing asylum accommodation, following a review initiated after the Labour Party took office last year. The Home Office reported this recovery amid criticism from Members of Parliament regarding the management of asylum contracts. However, this amount represents a small fraction of the total costs associated with

Eastern Airways, a regional airline in the UK, has entered administration following the redundancy of the majority of its 330 employees. The airline, founded in 1997 and based at Humberside Airport in North Lincolnshire, provided services across the UK, Ireland, and Europe. It particularly supported routes for the Scottish government to serve remote areas, including

Concerns regarding a potential slowdown in the U.S. economy contributed to declines on Wall Street on Thursday, with companies announcing job cuts and hiring freezes. The S&P 500 index fell by 1.1%, while the Nasdaq Composite, heavily weighted by technology stocks, dropped 1.9%. Investors noted a recent report indicating that October marked the highest number

US President Donald Trump has recently announced agreements designed to reduce the costs of popular weight-loss medications as part of his administration’s efforts to address pharmaceutical affordability. The new deals involve Eli Lilly and Novo Nordisk, with consumers expected to pay between $245 and $350 monthly for obesity treatments such as Wegovy and Zepbound. These

Boeing will not face criminal charges in the United States related to two fatal 737 Max crashes, following a court’s approval of the government’s request to dismiss the case. Judge Reed O’Connor stated he had reservations about whether dropping the charge served the public interest, but concluded he could not deny the proposal based on