Superdry, the London-listed clothing retailer, is weighing a radical restructuring that could involve significant numbers of store closures and job cuts after reporting weak sales. Sky News has learnt that Superdry and its advisers at PricewaterhouseCoopers (PwC) are initiating work on plans that could lead to a company voluntary arrangement (CVA) or restructuring plan, both
A New Yorker has been fined thousands for hoarding around 100 animals, including a young South American ostrich. State and local authorities seized the creatures – some of which were exotic or endangered – from 32-year-old Matthew Spohrer’s home in North Bellmore, Long Island on Tuesday. Among the animals kept in Spohrer’s basement and backyard
WWE co-founder and wrestling icon Vince McMahon has resigned from the organisation’s parent company after being accused of sexual misconduct and sex trafficking. Former employee Janel Grant filed a graphic lawsuit on Thursday that included claims she was offered to an unnamed star wrestler for sex. McMahon denies the allegations but has stepped down as
I’m officially a bad liar. With a blood pressure cuff pumped tight around my arm, straps around my chest monitoring my breathing, and sensors on my fingers to pick up any traces of sweat, veteran polygraph test examiner Don Cargill says he can easily spot the signs I’ve told him a fib. I’ve denied writing
If you’re looking to save money by transitioning to solar energy and ensure your home is prepared for grid outages and extreme weather, BLUETTI has you covered. BLUETTI, one of the most trusted names in energy storage solutions, has announced the exciting launch of the BLUETTI Solar+ Program for Texas homeowners. The program encompasses a
Open Extended Reactions Jurgen Klopp has said he will not help Liverpool identify his successor at Anfield after confirming plans to step down from his post as manager at the end of this season. Klopp, 56, signed a four-year contract extension in 2022 that would have tied him to the club until the end of
Olga Rolenko | Moment | Getty Images Oil prices are on pace for a weekly gain as U.S. economic growth and stimulus in China raise hopes for more robust crude demand this year. The West Texas Intermediate contract for March fell 90 cents, or 1.16%, to trade at $76.46 a barrel Friday morning, while the
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Intel CEO Pat Gelsinger speaks during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Intel shares slumped 12% on Friday and headed for their steepest drop since July 2020, after the chipmaker issued a forecast for the current quarter that came
Donald Trump has been ordered to pay $83.3m in a defamation case to a woman who accused him of sexual assault – with the former US president saying her allegation was a lie. The court said Trump should pay $18.3m (£14.4m) in compensation and $65m (£51m) in punitive damages to E Jean Carroll. Trump posted
US President Joe Biden’s spokesperson has said fake, sexually explicit images of Taylor Swift that circulated online were “very alarming”. White House Press Secretary Karine Jean-Pierre said on Friday that social media companies have “an important role to play in enforcing their own rules”, as she urged Congress to legislate on the issue. The fake
An oil tanker is on fire in the Red Sea after a missile attack by Houthi fighters. In a statement, the ship’s owner Trafigura, which has offices in Britain, said firefighting equipment on board was being deployed to control the flames and the safety of the crew is its “foremost priority”. A spokesperson for the
Jonathan Raa | Nurphoto | Getty Images Bitcoin pushed higher to end the week as investors took some comfort in the idea that outflows from the Grayscale Bitcoin ETF (GBTC) could be starting to taper off. The price of the cryptocurrency climbed more than 3% to $40,989.80 according to Coin Metrics. At one point Friday
New Brexit border controls will leave British consumers and businesses facing more than £500m in increased costs and possible delays – as well as shortages of food and fresh flowers imported from the European Union. The new rules are intended to protect biosecurity by imposing controls on plant and animal products considered a “medium” risk.
In this article AMZN GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Tech stocks on display at the Nasdaq. Peter Kramer | CNBC The S&P 500 is trading at a record and the Nasdaq is at its highest in two years. Alphabet shares reached a new pinnacle on Thursday, as did Meta and Microsoft, which ran
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Pat Gelsinger, CEO Intel, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Intel shares dropped in extended trading on Thursday after the chipmaker issued an outlook for the first quarter of 2024 that
The legislation being used to exonerate hundreds of sub-postmasters wrongly convicted over the Horizon IT scandal should include measures to protect the specialist finance sector which helped Alan Bates to overturn Britain’s biggest miscarriage of justice, according to an influential trade body. Sky News understands that the International Legal Finance Association (ILFA) wants ministers to
Jan 26, 2024, 08:00 AM ET Open Extended Reactions While Michigan fans are still basking in the glory of the Wolverines’ national championship, the rest of the college football world is left to look ahead to next season. We’ve already gazed into a crystal ball for our Way-Too-Early Top 25 and Way-Too-Early All-America team. Now
The government’s plan to drill for more oil and gas in the North Sea passed its first major hurdle in the Commons this week. But will it, as the government claims, deliver energy security and protect the jobs we need to help drive a transition to a low-carbon economy? Or are the Petroleum Licencing Bill’s
Baroness Michelle Mone and her husband have had some of their assets frozen by the Crown Prosecution Service (CPS), the couple have confirmed. A spokesman for the pair said the move was part of a “consensual process” which would allow them to “prove their innocence more quickly” amid an investigation into government contracts for personal
Donald Trump stormed out of a courtroom on Friday as closing arguments began in a damages trial in New York. A jury found Trump liable last year for sexually abusing E Jean Carroll in a New York department store in the 1990s and defaming her after she wrote about the incident. The current trial focuses
A promise by the incoming National Lottery operator to slash the price of a ticket from £2 to £1 is under review. Allwyn has also said delayed plans for new draw-based games will impact sales and the amount of money it can give to good causes in the early part of its 10-year licence. The
Fliteboard, a leading manufacturer of electric hydrofoil surfboards, announced the launch of its new sub-brand FLITElab* (there’s no more info below, that asterisk is frustratingly part of the name). The announcement coincides with the launch of FLITElab*’s first product, the AMP board, which can help surfers catch a wave, both assisted and electricity-free. While Flitboard’s
SUIXI, CHINA – DECEMBER 30: An employee works on the production line of aluminum foil at a workshop of Anhui Limu New Material Technology Co., Ltd on December 30, 2023 in Suixi County, Huaibei City, Anhui Province of China. (Photo by Li Xin/VCG via Getty Images) Vcg | Visual China Group | Getty Images Global
A Gustav Klimt painting thought to have vanished for almost a century has been found in Vienna. The painting, titled Portrait of Fraulein Lieser, is one of the last works by the world-renowned artist. The painting was considered lost for about 100 years – until it resurfaced in the private collection of an Austrian. According
It is more likely to fail than succeed, the plotters behind the attempt to oust Rishi Sunak believe. The most likely outcome of all the conversations, scheming and briefing is that the Tories go down to an even bigger defeat than they otherwise would have done when the election finally comes. Yet, the handful of
A £650m fraud settlement agreed by former Formula One boss Bernie Ecclestone made him the second-biggest taxpayer in the UK last year, according to the Sunday Times Tax List. The 93-year billionaire businessman was spared jail last after admitting failing to declare more than £400m held in a trust in Singapore to the government. Money
Jurgen Klopp, the manager of Liverpool FC, will step down at the end of the season. “I am, how can I say it, running out of energy,” he said in a statement. “I have no problem now, obviously… I am absolutely fine now. I know that I cannot do the job again and again and
Associated Press Jan 25, 2024, 10:06 PM ET Open Extended Reactions PALM BEACH, Fla. — Cody’s Wish was named horse of the year at the 53rd annual Eclipse Awards and also earned older dirt male honors Thursday night. Belmont Stakes and Travers winner Arcangelo won as the nation’s top 3-year-old male. Hall of Famer Bill
The 2024 Subaru Solterra is an upgrade over last year’s model with faster charging and more for the same starting price. Subaru launched its first all-electric vehicle in the US last year, the Solterra SUV. The 2023 Subaru Solterra was the first electric SUV to feature its Symmetrical All-Wheel Drive for off-road performance. With dual
Zhao Changpeng, founder and chief executive officer of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 16, 2022. Benoit Tessier | Reuters A federal judge last month rejected a request by Binance founder Changpeng “CZ” Zhao to travel to his home in
The King has gone into hospital for prostate treatment, Buckingham Palace has said. In a statement, it added: “The King was this morning admitted to a London hospital for scheduled treatment. “His Majesty would like to thank all those who have sent their good wishes over the past week and is delighted to learn that
In this article MSFT .BBKA Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella listens to an audience member’s question during the company’s annual shareholder meeting in Bellevue, Washington, Nov. 30, 2016. Stephen Brashear | Getty Images News | Getty Images Microsoft will lay off around 1,900 employees in its Gaming unit, or around
There is no clear alternative to lead the Conservative Party if Rishi Sunak were to be ousted, new polling has suggested. Questions about the prime minister’s future have been raised by the calls for him to go from Sir Simon Clarke, and the defection of his pollster Will Dry to a group seeking his removal.
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