The Italian government has introduced a surprise 40% windfall tax on the profits made by banks from high interest rates. Ministers said they planned to use the proceeds to help mortgage holders – but said it was a one-off levy to be applied this summer. The announcement sent banking shares tumbling. Italy’s largest chain Intesa
Associated Press Aug 7, 2023, 08:32 PM ET TEMPE, Ariz. — Arizona State coach Kenny Dillingham has dismissed linebacker Juwan Mitchell from the team. The school did not disclose the reason for Mitchell’s dismissal. “Juwan Mitchell is no longer with the team,” Dillingham said after practice Monday. “Culture wins. It is very, very simple, culture
Ofgem’s energy price cap is preventing customers from accessing lower tariffs, contributing to inflation and should be abolished, a new report has claimed. The cap has gone “far beyond” its original purpose of providing protection for customers to become a “de facto regulated market price”, centre-right think tank the Centre for Policy Studies (CPS) said.
Pete Thamel, ESPNAug 7, 2023, 01:43 PM ET Utah State is expected to hire Big Ten deputy commissioner Diana Sabau as the school’s next athletic director, sources told ESPN on Monday. Sabau oversees all 28 sports for the Big Ten and was the former senior deputy to athletic director Gene Smith at Ohio State, where
The government has announced a “task force” to root out dodgy lawyers after reports that false asylum claims are being submitted for a fee. The Home Office said the unit would bring together regulatory bodies, law enforcement teams and other government departments to act against solicitors and barristers found to be deceiving the courts. The
With only a few Tesla Cybertruck prototypes out there, it has rarely been spotted next to another electric pickup truck for a nice size comparison. But now we get to see it next to a Rivian R1T. We are likely weeks away from the first Cybertruck deliveries, yet we don’t have the finalized specs and
A two-storey house in Alaska collapsed into raging waters as the US state grappled with the aftermath of a glacial dam outburst. Video footage shows the house in Alaska’s capital Juneau being swept away by the Mendenhall River. The waters destroyed at least two buildings, damaged others and ate away at riverbanks over the weekend
Police trying to identify a woman who died near the M56 in Manchester last week have released photos of her jewellery. Officers were called to the Thorley Lane bridge at around 2.40am on Monday 31 July after people raised concerns for a woman’s welfare. The woman’s death is not being treated as suspicious but her
Associated Press Aug 7, 2023, 03:11 PM ET WASHINGTON — At 73, Dusty Baker became the oldest manager ever to win the World Series when the Houston Astros took the title last year. On Monday at a White House celebration for the team, President Joe Biden said he could relate. “People counted you out saying
Tesla vehicles have been added to the eligibility list for the up to $4,000 used electric car credit. It should make used Tesla electric cars cheaper if you can find one under $25,000. With the reform of the EV federal tax credit launched in 2023 came a new tax credit for used electric vehicles. Interestingly,
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Julio Rodríguez of the MLB’s Seattle Mariners was the American League Rookie of the Year in 2022. Diamond Images | Diamond Images | Getty Images Warner Bros. Discovery has targeted the beginning of the Major League Baseball playoffs to debut a sports tier for its
Food prices may not fall at all, the chief economist at the Bank of England has said. The cost of sustenance “could still remain higher than it was” before the invasion of Ukraine caused the rate of food price rises to accelerate. “Unfortunately the days of seeing food prices fall, that does seem to be
In this article PYPL Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of PayPal headquarters on February 02, 2023 in San Jose, California. Justin Sullivan | Getty Images PayPal on Monday launched a U.S. dollar-backed stablecoin to help facilitate payments as its latest addition to its suite of crypto services. It’s
Tesla has announced the departure of its long-time chief financial officer (CFO), Zachary Kirkhorn, who will be replaced by Tesla’s chief accounting officer, Vaibhav Taneja. While Tesla has had issues retaining leadership at some positions, it wasn’t the case for the CFO. Deepak Ahuja was Tesla’s CFO for roughly a decade, and when he left
Consumers spent less in shops as wet weather dampened demand for typical seasonal goods in July, latest figures show. Total UK retail sales increased 1.5%, according to the retail sales monitor from retail representative British Retail Consortium (BRC) and big four accountancy firm KPMG. But at the same time official figures showed the rate of
The government will fail to meet its asylum backlog target without a drastic increase in the processing of applications, a Sky News analysis has found. At present, there are more than 136,000 asylum applications waiting for an initial decision, including 62,000 that were made before 28 June 2022 – the so-called “legacy backlog”. In December
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Zachary Kirkhorn, CFO, Tesla Source: Tesla Tesla‘s chief financial officer, Zach Kirkhorn, stepped down from his position, effective Aug. 4, the automaker announced Monday morning in a regulatory filing. Tesla’s chief accounting officer Vaibhav Taneja was appointed as the new CFO and will hold both
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT SpaceX, Twitter and electric car maker Tesla CEO Elon Musk looks on as he speaks during his visit at the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition center in Paris, on June 16, 2023. Alain Jocard | Afp | Getty
Apple CEO Tim Cook speaks during Apple’s Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California, on June 5, 2023. Josh Edelson | AFP | Getty Images Apple’s next-generation iPhone 15 is slated for sales launch around September 22, Bloomberg reported Monday. When the company unveils a new iPhone model, the hype-filled
The BBC faces scrutiny over the sale of one of its historic London studios after the emergence of a rival – and possibly higher – bid from a consortium including the Hollywood film producer Matthew Vaughn. Sky News has learnt that a syndicate comprising Mr Vaughn, Sir Len Blavatnik, the billionaire investor in Warner Music