The UK will enter recession before the end of this year, with growth expected to be weak into 2024. That is the latest forecast from the British Chambers of Commerce (BCC), which said it expects the UK economy to record three consecutive quarters of contraction – the definition of a recession – this year. However,
According to a recent revenue report, EV automaker Polestar brought in over $1 billion in revenue in the first half of 2022. That’s nearly 100% growth compared to the first half of 2021, offering further evidence that Polestar is poised to become a major contender in the EV market. Polestar ($PSNY) is a fairly young
In this article AMZN Amazon turned off solar energy systems at all of its U.S. facilities in 2021 after a rash of fires and explosions, including one at its Fresno warehouse in 2020. Fresno Fire Department On the afternoon of April 14, 2020, dozens of firefighters arrived at an Amazon warehouse in Fresno, California, as
8:55 AM ET ENGLEWOOD, Colo. — From the moment the Denver Broncos landed Russell Wilson in a franchise-altering trade this past March, general manager George Paton insisted that the team’s goal was to sign the star quarterback to a long-term extension. Paton and the Broncos achieved that goal Thursday, agreeing with Wilson on a five-year,
A new study funded by the NIH shows the use of marijuana and hallucinogens among young adults is at all-time highs. This comes as, for the first time ever, more people say they use weed more than tobacco cigarettes. CNN’s Harry Enten reports. #CNN #News
Donald Trump is “obviously thinking” about running for president again in 2024 as “he hates seeing what’s happening in the country”, his son-in-law has said. In a wide-ranging interview with Sky News’ Kay Burley, Jared Kushner also dismissed the importance of an FBI raid at Mr Trump’s Mar-a-Lago estate last month. Asked if Mr Trump was
In this article TWTR The Twitter logo is seen on a Redmi phone screen in this photo illustration in Warsaw, Poland on 23 August, 2022. Nurphoto | Getty Images Twitter announced Thursday that it will finally roll out one of the most requested features, the option to edit tweets. The edit tweet function is being
The soaring US dollar has pushed the pound to its biggest monthly fall since October 2016. The pound shed 4.6% in August, having lost 14% so far this year, as concerns grow about the state of the British economy. On Thursday afternoon it hovered just above $1.15. The news was not much better against the
Police investigating the murder of Olivia Pratt-Korbel in Liverpool have released CCTV footage of the gunman running away from the scene as they continue their hunt for him. Merseyside officers have also revealed that two guns were used in the shooting in which her mother Cheryl Korbel and the gunman’s intended target, Joseph Nee, were
The most tumultuous season in PGA Tour history is finally in the rearview mirror. A season that started in September with Max Homa winning the Fortinet Championship in Napa, California, a week before Team USA put a beatdown on Team Europe in the Ryder Cup at Whistling Straits (doesn’t that seem like years ago?) ended
A cabinet minister and a top Number 10 aide serve at the heart of Boris Johnson’s government despite allegations of sexual misconduct, a Sky News investigation can reveal. Sky News has published testimony from two women who give detailed, first-hand accounts of what they claim happened to them when one was assaulted and the other
Arcade Fire are facing growing calls from fans to cancel shows or refund tickets for their upcoming UK tour dates following allegations of sexual misconduct against frontman Win Butler. The claims by three women and one gender-fluid person were published in an investigation by US music site Pitchfork at the weekend. The four were aged
Boris Johnson has given his support to the Sizewell C nuclear power plant in Suffolk, promising £700m of government funding for the project. He confirmed the move during a speech from the site in one of his final acts as prime minister – and amid the rising cost of living crisis – saying he was
Russian President Vladimir Putin will not attend Mikhail Gorbachev’s funeral because of his “work schedule”, the Kremlin has said. Gorbachev, the last Soviet leader and one of the most significant figures of the 20th century, will be laid to rest on Saturday. Kremlin spokesman Dmitry Peskov said the ceremony will have “elements” of a state
A piece of digital artwork that won first place in a fine art competition has prompted discussion on social media about the nature of art and what it means to be an artist. Jason Allen came first at the Colorado State Fair’s fine art competition using an Artificial Intelligence (AI) generated artwork on Monday. According
NASA has announced to award five new missions to Elon Musk’s Space Exploration Technologies Corporation (SpaceX). The US Space agency, in a brief on Thursday, mentioned that the missions will help in the crew transportation services to the International Space Station (ISS) as part of the Commercial Crew Transportation Capability contract. These five crewed missions
Lawyers for former US president Donald Trump have tried to downplay the federal government’s discovery of highly classified records inside his Florida mansion. It comes a day after a photo was released showing top secret documents uncovered in an FBI search of Mar-a-Lago. On Thursday, at 1pm local time, Mr Trump’s legal team will try
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We’re buying 35 shares of Danaher (DHR) at roughly $270.33 each, and selling 25 shares of Pioneer Natural Resources (PXD) at roughly $254.87. Following Wednesday’s trades, Jim’s Charitable Trust will own 485 shares of Danaher, increasing its weighting in the portfolio to 4.5% from 4.19%, and 125 shares of PXD, decreasing its weighting in the
The National Archives told former President Donald Trump’s legal team in May that it was sharing hundreds of pages of classified material it had retrieved in January with the FBI and other entities in the intelligence community so that an assessment could be done on potential damage from how the classified documents had been handled,
The push for India’s first 5G spectrum may be heating up, but rollout plans in the country are still “a big maze,” according to a former CEO of Indian telco Bharti Airtel. Speaking to CNBC’s “Street Signs Asia” on Wednesday, Sanjay Kapoor, who is now an independent analyst, said Indian mobile operator Reliance Jio’s $25
A former Gogglebox star whose nephew was stabbed to death has spoken of her “disgust” that his killers are still at large – as details of hundreds of unsolved murder and manslaughter cases in London were revealed. Sandi Bogle, one of the original stars of the Channel 4 series, told Sky News she still cries
The UK Disasters Emergency Committee has launched an appeal to “save and protect lives” as Pakistan deals with devastating floods. More than 1,100 people have died and 33 million people are affected after monsoon rains and melting glaciers destroyed houses, infrastructure and crops. The UN has appealed for $160m (£138m) to help alleviate an “unprecedented
British households are on course for the deepest living standards squeeze in a century, with real household disposable incomes expected to fall by 10% this year and the next. The warning comes in a new report by the Resolution Foundation, which said that real earnings are falling at their fastest rate since 1997, meaning that
Liz Truss has pledged that there would be no energy rationing if she were to become prime minister next week – while rival Rishi Sunak warned “we shouldn’t rule anything out”. Speaking at the 12th and final leadership hustings at Wembley Arena in London, the frontrunner of the contest also promised no new taxes and
US stocks have registered their weakest August performance since 2015. By Wednesday’s close, according to preliminary data, the Dow Jones industrial average had fallen just over 4%, the tech-rich Nasdaq was down 4.64%, and the S&P 500 had fallen 4.24% over the month. For the day, the Dow was down 0.88%, the Nasdaq was down
In a strange series of events, Toyota is changing its stance on electric vehicles as the Japanese automaker announced Wednesday it will be tripling its planned investment in its new battery manufacturing plant in North Carolina. Not even a week after Toyota’s Executive Vice President, Jack Hollis, claimed that “the consumer isn’t demanding (EVs) at
In this article TM TSLA VOW-DE A Toyota dealership in Yokohama, Japan, photographed on Feb. 7, 2021. The firm is trying to make headway in the increasingly competitive electric vehicle market. Toru Hanai | Bloomberg | Getty Images Automotive giant Toyota said Wednesday it would invest an extra $2.5 billion in a U.S. facility that
Russian forces have captured the eastern outskirts of the besieged city of Mariupol, reports the Ukrainian military. It comes as the Ministry of Defence say the bulk of Russian ground forces are now only 25km from the centre of the country’s capital, Kyiv. Sky’s Thomas Moore and Air Marshall Edward Stringer analyse the latest movements
Former Trump aide Alyssa Farah Griffin reacts to a video of South Carolina GOP state Rep. Neal Collins describing the story of a 19-year-old who allegedly could not be treated by doctors when having a miscarriage due to the state’s strict abortion laws. #CNN #News
Kate Moss has revealed Johnny Depp gave her the first diamonds she ever owned as a gift – and presented them to her “out of the crack of his a**e”. The supermodel, who was in a relationship with the Hollywood actor between 1994 and 1998, was reflecting on one of her most famous looks with
BrewDog has announced it will close six of its pubs, blaming spiralling costs and a “clueless government”. The craft beer firm will shut the Hop and Anchor in Aberdeen, Smithfield Market Arms in London, Hop Hub in Motherwell and its BrewDog bars in Dalston, east London; Old Street, east London; and Peterhead, Scotland. James Watt,
In this article SNAP Snap shares rose as much as 15% after it confirmed reports it will cut 20% of its more than 6,000-person workforce and said it will scrap several projects, including its Pixy photo-taking drone and its lineup of Snap Originals premium shows. CEO Evan Spiegel announced the moves in a memo Tuesday,