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Morrisons supermarket fined £750k for dirty bakery
Morrisons supermarket fined £750k for dirty bakery10 minutes agoShareSaveAdd as preferred on GoogleJames McCarthyBBC WalesGoogleMorrisons was prosecuted after a routine inspection at its Cwmbran branchA dirty Morrisons bakery has left the supermarket with a £750,000 bill to pay. The family run chain was fined £737,000 - cut from £1.1 million because of an early plea - and costs of £11,221.38, as well as a £2,000 victim surcharge.It came after a routine inspection at its Cwmbran branch in August...
Powering the Next American Century: US Energy Secretary Chris Wright and NVIDIA’s Ian Buck on the Genesis Mission
AI will help build the energy it needs. That’s the case U.S. Energy Secretary Chris Wright and NVIDIA Vice President of Hyperscale and High-Performance Computing Ian Buck made Thursday morning at the SCSP AI+ Expo. The 30-minute fireside chat, moderated by SCSP president Ylli Bajraktari, was called “Powering the Next American Century.” Their argument: American leadership in AI runs through American leadership in energy. “Energy is life,” Wright said. “The more energy you have, the more affordab...
Questionable White House Math On Savings From Most Favored Nation Drug Prices
InnovationHealthcareQuestionable White House Math On Savings From Most Favored Nation Drug PricesByJoshua P. Cohen,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Joshua Cohen is a Boston-based writer who covers health policy.Follow AuthorMay 07, 2026, 03:11pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.WASHINGTON, DC - SEPT. 30, 2025: President Trump shakes hands with Pfizer CE...
The K-Shaped Economy Is Here To Stay Says Homkes
Rebecca Homkes, Lecturer at the London Business School joins Bloomberg Businessweek Daily to discuss how the war in the Middle East is changing the global outlook for Central Banks. (Source: Bloomberg)
Should you lock a mortgage rate before the next inflation report is released?
MoneyWatch: Managing Your Money Should you lock a mortgage rate before the next inflation report is released? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for...
India tops global remittances with $138 billion inflow
NRI News: India’s diaspora is the largest at around 19 million, with significant numbers of international immigrants living in UAE, US and Saudi Arabia. With th.
Colombia Buys Dollars in Spot Market as Swap Payment Looms
Colombia’s finance ministry is once again buying dollars in the spot market, traders say, as authorities gear up to pay off a controversial Swiss franc swap before the presidential election later this month.
Fidelity, Schwab to Roll Out Fees For Certain ETFs
Brittany Christensen, senior vice president and head of business development at Tidal Financial Group, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." They discuss recent reports that Fidelity Investments and Charles Schwab will start charging platform fees for the trading of certain ETFs. (Source: Bloomberg)
Bessent Meets Insurance Regulators to Discuss Private Credit
US Treasury Secretary Scott Bessent met with insurance regulators to talk about their exposure to private credit as the increasingly complex ties between the two sectors fuels mounting regulatory scrutiny.
Could Lovable’s automatic 10% pay raise be the cure for toxic cultures?
Stockholm-based vibe-coding platform Lovable is growing revenue at an astronomical rate — and doing something that few U.S. companies, startup or otherwise, would even contemplate: voluntarily promising annual 10% salary raises for all employees on their work anniversaries. In the U.S. corporate world, employees don’t generally get built-in raises unless they’ve unionized, and even then, a 10% raise across the board is typically spread over multiple years of a contract, not delivered...
Pacer International ETF 'Outpaces' SPY, QQQ
Sean O'Hara, president of Pacer ETFs, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." They discuss Pacer Nasdaq International Patent Leaders ETF (ticker: PATN), which has a total return exceeding 70% since its launch in 2024. (Source: Bloomberg)
Not Everything Should Be Packaged As an ETF: Legum
Maital Legum, head of ETF solutions at Teucrium, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." They discuss the development of exchange traded products as US stocks hit record highs. (Source: Bloomberg)
Inflows & Outflows For ETFs, Mary Daly Speaks With Bloomberg Live | ETF IQ 5/7/2026
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: Teucrim Head of ETF Solutions Maital Legum, Pacer ETFs President Sean O'Hara, San Francisco Fed President Mary Daly, and Tidal SVP Head of Business Development Brittany Christensen. (Source: Bloomberg)
Supply Chain Expert Reacts To Latest Strait Of Hormuz Chaos: 'A Lot Of Damage Has Been Done'
BusinessSupply Chain Expert Reacts To Latest Strait Of Hormuz Chaos: 'A Lot Of Damage Has Been Done'ByForbesTV,Forbes Staff.Follow AuthorMay 07, 2026, 02:23pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.David Warrick, an executive vice president at Overhaul, joined “Forbes Newsroom” to discuss the impact the continued crisis in the Strait of Hormuz has had on global trade, supply chains, and the international...
Whirlpool warns of ‘recession-level’ slump as Iran war and tariff ruling hit sales
Appliance giant slashes earnings forecast and hikes prices by 10% with another 4% spike plannedWith the war in Iran and economic concerns putting pressure on consumers and how they spend their money, Whirlpool is having to adjust to Americans delaying big-ticket purchases while also raising prices to help stabilize its North American business.The company known for brands such as KitchenAid, Maytag and its namesake, said that the Iran war led to a “recession-level industry decline” in America as...
Trump's 'irresponsible war' to blame for economic slowdown, German minister says
Trump's 'irresponsible war' to blame for economic slowdown, German minister says2 hours agoShareSaveAdd as preferred on GoogleTom McArthurEPALars Klingbeil's comments risk exacerbating a row between the two Nato alliesGermany's finance minister has blamed Donald Trump's "irresponsible war in Iran" for a big drop in his country's expected tax revenues.Lars Klingbeil said the US president's actions in the region had caused a "global energy sho...
Which debts can't be garnished from your Social Security? Here are 4 to know.
MoneyWatch: Managing Your Money Which debts can't be garnished from your Social Security? Here are 4 to know. We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, w...
Kalshi doubles valuation in 5 months, hitting $22 billion
Prediction market startup Kalshi announced on Thursday a $1 billion Series F round, valuing the company at $22 billion. That’s double the $11 billion valuation Kalshi nabbed just five months ago after raising a $1 billion Series E. This latest round was led by Coatue, with participation from Sequoia, Andreessen Horowitz, and Paradigm. The startup told Bloomberg that its annualized revenue exceeds $1.5 billion.
Pakistan turns down two lowest evaluated LNG bids
ISLAMABAD: Pakistan on Thursday rejected the two lowest evaluated LNG bids from BP Singapore and TotalEnergies, priced at $17.28 and $16.98 per million British thermal units (mmBtu), respectively, for delivery next week and in the last week of the current month. State-run Pakistan LNG Limited (PLL) received a total of seven bids — three cargoes for May 12-14 and four for May 24-26 — against urgent tenders floated a day earlier. For the first cargo, PetroChina bid $17.69 per mmBtu, BP Singapore $...
Iconic British restaurant chain confirms 23 site closures after entering administration
Leon Restaurants has confirmed the permanent closure of 23 UK sites following a major restructuring programme aimed at rescuing the struggling chain. The healthy fast‑food brand said it expects to exit administration after co‑founder John Vincent injected £2.5million into the business as part of a wider turnaround plan.Leon entered administration in December after facing mounting financial pressures, with administrators from BTG Advisory and Quantuma appointed to assess options for the company....