American manufacturing has been in the doldrums for years, battered by high borrowing costs and a strong dollar, which makes exports less competitive. But there has been a bright spot: billions of dollars flowing into factory construction, signifying that a potential rebound in production and employment is around the corner. The flood of investment has […]
Lloyds Banking Group has nearly tripled the amount it is setting aside to cover the car finance mis-selling scandal to £1.2bn, knocking its profits for the year. It is setting aside an extra £700m to cover potential compensation payments, on top of £450m earmarked earlier. Lloyds, and other providers of finance for car loans, are […]
Having just arrived home after a disappointing second-round loss at the Australian Open in January, world No. 5 Casper Ruud needed a pick-me-up. As he so often does, he turned to golf. It was far too cold to play outside in the Norwegian winter, so he went to a simulator and felt better after hitting […]
KFC, the company so associated with Kentucky that state flags flew at half-staff when its founder Colonel Sanders died, is leaving the state. The company formerly known as Kentucky Fried Chicken will move its corporate headquarters and about 100 employees to Plano, Texas, from Louisville, Ky., its parent company, Yum Brands, said in a statement […]
The Federal Reserve pressed pause on interest rate cuts last month. The minutes from its January meeting suggest the hiatus is likely to be a long one. A record of the central bank’s Jan. 28-29 meeting, released on Wednesday, showed that officials have not written off rate cuts completely, and they still expect to lower […]
COLUMBIA, Mo. — Dennis Gates is wearing a Lululemon hoodie with a hole in the right elbow. Gray sweats. Gray high tops. Same outfit he wore yesterday, same one he’ll wear tomorrow. On game days, Missouri’s coach is always in the same black suit, a gold tie and the shoes he wore to his introductory […]
The United States has designated eight Latin American criminal and drug-trafficking groups as “global terrorist organisations” amid escalating rhetoric from President Donald Trump. In a Federal Register notice filed on Wednesday, Secretary of State Marco Rubio said, without offering details, that the groups have committed or pose a risk of committing “acts of terrorism that […]
Sharon Barbour BBC North East and Cumbria health correspondent BBC Paul Laskey’s eye has been saved with the help of a donated placenta A donated placenta has been used to help save a man’s eye after an acid attack. Acid was squirted into Paul Laskey’s face causing severe chemical burns to his eye, “melting” both […]
President Trump recently ordered the U.S. Mint to stop producing pennies, for a simple-sounding reason. Each penny, he said, has “literally cost us more than 2 cents.” He’s right. Since 2006, the government has spent more money minting pennies than those pennies have been worth. The production costs of coins can be confusing. A nickel […]
Here are five reasons you need to tune in. A score to settle at the top of the bill It was less than a year ago when Joshua Pacio and Jarred Brooks stepped into the cage at the Lusail Sports Arena in Qatar. That night Brooks went into the bout as ONE Strawweight MMA world […]