Money Moves

Target to slash 1,800 corporate jobs in bid for turnaround

Target to slash 1,800 corporate jobs in bid for turnaround

Target announced that it will eliminate 1,800 corporate positions, which constitutes approximately 8% of its global corporate workforce. This decision is intended to address four years of stagnant sales. The layoffs are scheduled to begin next week and represent the company’s most significant downsizing in the past decade. Michael Fiddelke, the incoming CEO, noted in […]

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‘Unflappable, witty and super smart’: the rise and rise of Claudia Winkleman | Claudia Winkleman

‘Unflappable, witty and super smart’: the rise and rise of Claudia Winkleman | Claudia Winkleman

Claudia Winkleman, known for her signature raven-black hair and distinctive style, is reportedly in advanced discussions for a new role in broadcasting following her announcement to step down as co-host of Strictly Come Dancing alongside Tess Daly. Both Winkleman, 53, and Daly, 56, are expected to leave their positions at the end of the current

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‘Sycophantic’ AI chatbots tell users what they want to hear, study shows | Chatbots

‘Sycophantic’ AI chatbots tell users what they want to hear, study shows | Chatbots

A recent study raises concerns about the potential risks associated with using AI chatbots for personal advice. Researchers found that these chatbots often affirm users’ actions and opinions, including those that may be harmful or irresponsible. This phenomenon, described as “social sycophancy,” could distort users’ self-perceptions and reduce their willingness to resolve conflicts, as indicated

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More than £250,000 of counterfeit weight-loss jab products seized in factory raid | Drugs trade

More than £250,000 of counterfeit weight-loss jab products seized in factory raid | Drugs trade

A factory in Northampton has been raided and dismantled by the Medicines and Healthcare products Regulatory Agency (MHRA) due to allegations of manufacturing counterfeit weight-loss injections. The operation resulted in the seizure of tens of thousands of empty weight-loss pens, raw chemical ingredients, and over 2,000 unlicensed pens containing retatrutide and tirzepatide. Retatrutide is currently

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‘It would be a great loss’: London’s oldest Islamic bookshop at risk of closure | London

‘It would be a great loss’: London’s oldest Islamic bookshop at risk of closure | London

Dar al-Taqwa, London’s oldest independent Islamic bookshop, faces potential closure within the year due to decreased foot traffic and the increasing popularity of online shopping. Established in 1985 by Egyptian publisher Samir el-Atar, the shop has long served as a gathering place for scholars, students, and converts, providing a diverse selection of books, including political,

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Meta found in breach of EU law over ‘ineffective’ complaints system for flagging illegal content | Meta

Meta found in breach of EU law over ‘ineffective’ complaints system for flagging illegal content | Meta

The European Commission has issued preliminary findings indicating that Instagram and Facebook, operated by Meta, have violated EU laws by not offering users straightforward methods to report illegal content, including child sexual abuse material and terrorism-related content. The Commission noted that Meta introduced unnecessary complexities in the reporting processes, utilizing design tactics that may confuse

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