Even after years of division and vitriol, it seems like Britain still needs to talk about Brexit. More than six years after voting to leave the European Union, the UK is facing a prolonged recession and a deep cost-of-living crisis. Last week’s Autumn Statement heralded years of higher taxes and cuts to […]
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To make the deal work, Mr. Musk has been trying to add subscription revenue and reassure advertisers about the platform’s future. Twitter was losing money before Mr. Musk bought the company, and the deal added a debt burden that requires fresh sources of cash. It is tough to determine the state of the company. Twitter […]
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The used-car dealer that was a pandemic winner is rushing to conserve cash as once-plentiful financing options dry up and business deteriorates. Source link Source link
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Former Theranos CEO Elizabeth Holmes arrives at federal court in San Jose, Calif on Friday, Nov. 18, 2022 Photo: Brian L. Frank for The Wall Street Journal Nov. 18, 2022 9:28 am ET The judge who oversaw the criminal-fraud trial of the Theranos founder has broad legal discretion amid lawyer recommendations, precedent and other factors. […]
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Paytm, India’s leading digital payments brand, faces another reckoning, a year after it recorded the grisliest initial public offering in India’s history. This week, the lock-up period for the company’s stock will expire, freeing investors to sell shares that haven’t yet been allowed onto the market. The biggest shareholders in One97 Communications […]
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Climate envoy John Kerry outlined a carbon-credit plan that aims to pump billions of dollars into developing countries’ energy transition, while some businesses expressed caution over investing in the program. Source link Source link
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An industry group is alleging that company’s business practices give it an unfair advantage over cloud-services competitors. Source link Source link
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Rishi Sunak won an endorsement from financial markets in his first days as prime minister, and even some favorable polling numbers from the British public. His first full week in power may be more challenging. The new premier’s economic policy is set to face scrutiny as the Bank of England delivers what […]
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