Mortgages: HSBC becomes first major lender to cut rates
H SBC has become the first high-street lender to cut its mortgage rates, in the clearest sign yet that mortgage mayhem appears to be coming to an end. The banking …
BUSINESS
Is this new $2 billion US theme park just another fantasy land?
An ostentatious plan to open a $2 billion theme park in Oklahoma grabbed headlines this month. But the announcement ought to raise more questions than hope among theme park fans. …
HSBC, Nationwide and TSB failed to send transaction histories to some customers
H SBC, Nationwide Building Society and TSB collectively let down a total of nearly 170,000 customers by failing to provide payment transaction histories, according to the competition watchdog. The Competition …
$820 million Mega Millions jackpot is the 8th largest in the US
Lottery players will have a shot at an estimated $820 million Mega Millions jackpot Tuesday night, less than a week after someone hit a Powerball prize that topped $1 billion. …
Pan Gongsheng Named Head of Chinese Central Bank
For nearly eight years Pan Gongsheng has overseen one of the world’s biggest pots of money: China’s $3 trillion in foreign currency reserves. Now he will run the country’s central …
Unilever chose ‘least bad’ option by staying in Russia, boss says
T he boss Unilever has insisted that the company chose the “least bad” option by staying in Russia days after the consumer goods giant admitted it would allow its Russian …
Disneyland reaches settlement in $5 million Magic Key passholder lawsuit
Disneyland has reached a settlement with a Magic Key annual passholder who claimed in a class-action lawsuit that the Anaheim theme park misled and deceived its most loyal fans by …
Microsoft and Alphabet Face an Investor Test on AI
Can A.I. keep Big Tech booming? Nasdaq futures are up on Tuesday morning, ahead of a Big Tech earnings bonanza that kicks off when Microsoft and Alphabet report second-quarter results …
‘Right’ to work from home will be hard to protect
A nother law firm, Osborne Clarke, has said regular attendance in the office is a requirement to be considered for a bonus. Specifically staff will have to be at their …
Santa Barbara paper, one of California’s oldest, ceases publication
By Olga R. Rodriguez | Associated Press SAN FRANCISCO — The Pulitzer Prize-winning Santa Barbara News-Press, one of California’s oldest newspapers, has ceased publishing after its owner declared the 150-year-old …