More than 100 Post Office branches and hundreds of head office jobs are at risk as part of a radical shake-up of the business, the BBC understands. Under the plan, 115 loss-making branches wholly owned by the Post Office could be closed. The Post Office is looking at options including alternative franchise arrangements where another operator or third party could take on the branches instead. These sites employ around 1,000
Grocery prices continue to eat a hole in household budgets, with many Americans citing the economy and inflation as top issues behind their votes in the November 5 election. But there are signs that consumers may soon get a break on their grocery bills, with some food prices falling in October from a year earlier — the first decline in four years. Online grocery prices dipped 0.1% in October from a
Home Depot on Tuesday delivered better-than-feared quarterly results and appears to be on the verge of an earnings rebound heading into 2025. Net sales in the three months ended Oct. 27 rose 6.6% year over year to $40.2 billion, outpacing the $39.3 billion estimate, according to LSEG. Adjusted earnings per share (EPS) decreased 1.8% year over year to $3.78 per share, but exceeded expectations of $3.64 per share, LSEG data
The Facebook and Instagram owner faces pressure in Europe to ask before using data to target ads or train artificial intelligence. Source link
By David Shepardson, Allison Lampert and Tim Hepher (Reuters) -Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing (NYSE:), giving the struggling supplier a lifeline as it burns cash after four consecutive years of losses. The Wichita, Kansas-based aerostructures giant is also on the verge of an agreement for a smaller amount of fresh funding and revised payment terms
JUST IN: 🇸🇻 El Salvador Bitcoin investment surpasses $525 million profit. 📰 Full Story @WatcherGuru
Solana has popularly become the go-to choice for several venture capitalists and hedge funds, with most believing it’s price could reach $600 in this bull market cycle. In a recent Crypto Investment Manager Survey by MV Global, 76 venture allocators were asked, and almost a third of those who participated believed SOL could reach that mark. Solana’s Bullish Run Continues: $600 Target in Sight The last seven days have been a field day for gains within the top assets in the cryptocurrency market, especially Solana. Some coins surged past
Toncoin price recovery stalled at $5.71 as Bitcoin and most altcoins pulled back. Still, despite the setback, crypto analysts are optimistic that TON price will resume the uptrend and possibly retest the all-time high of $8.28, which is about 55% above Tuesday’s levels. Crypto Analysts Are Bullish On Toncoin Price Toncoin price has largely missed the recent cryptocurrency rally as it remained in a deep bear market after falling by
The Italian government is reportedly advancing a proposal to reduce the planned increase in crypto capital gains tax to 28%, a move anticipated to support investor interest. The League, a key member of Prime Minister Giorgia Meloni’s coalition, has submitted an amendment to cap the proposed tax rate at 28% rather than the initially suggested 42% outlined in the October budget draft. Italian Government Cuts Proposed Crypto Tax to 28%
After a week-long bullish rally, the crypto market took a slight cool-off during Tuesday’s U.S. market session. As a pioneer digital asset, Bitcoin plunged 2%, the Ethereum price followed by nearly 3.5%, projecting a relief pullback for buyers to recuperate the exhausted bullish. ETH’s tendency to follow BTC’s lead parallels the 2021 bull cycle, underscoring their correlation and how they relate to reaching new all-time highs (ATHs). With the crypto
