Pawnbroker warns probe could spark loan shark rush

Image copyright PA The head of Britain’s biggest pawnbroker has said regulation on cash loans risks pushing some people to loan sharks ahead of Christmas. Shares in H&T Pawnbrokers dived in early trading after it revealed the City watchdog was reviewing some of its historic lending. Boss John Nichols said the firm would work with

General election 2109: Leaders woo business with tax and apprenticeship vows

Image copyright Getty Images Boris Johnson, Jeremy Corbyn and Jo Swinson will all attempt to woo the UK’s business leaders with speeches to the CBI’s annual conference later. Mr Johnson will vow to end Brexit “uncertainty” and unveil Tory plans to cut business rates if he is returned to power in next month’s general election.

Citibank October credit card charge-offs hold steady – Citigroup Inc. (NYSE:C)

Citigroup (NYSE:C) October credit-card net charge-off rate of 2.61% is unchanged vs. September; three-month average is 2.61%. Delinquency rate of 1.58% rises from 1.52% in September; three-month average is 1.54%. Previously: Citibank September credit card delinquency rate holds steady (Oct. 15) Source link

Ford’s UAW members vote to ratify new four-year contract By Reuters

By Nick Carey and Ben Klayman DETROIT (Reuters) – The United Auto Workers union said on Friday that rank-and-file members at Ford Motor Co (N:) have voted in favor of a new four-year labor contract with the No. 2 U.S. automaker. The UAW will now focus on Fiat Chrysler Automobiles (FCA) (MI:) (N:), the sole

What Kind Of Shareholder Owns Most Adobe Inc. (NASDAQ:ADBE) Stock?

A look at the shareholders of Adobe Inc. (NASDAQ:ADBE) can tell us which group is most powerful. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their ownership over time. We also tend to see lower insider ownership in companies that were previously publicly owned. With a market capitalization

US and China struggle to finalise ‘phase one’ trade deal

The US and China are struggling to complete a “phase one” deal to halt their trade war, with senior officials in Washington and Beijing still jostling over intellectual property provisions, agricultural purchases and tariff rollbacks after weeks of negotiations.  According to people close to the talks, Trump administration officials are frustrated that China has not

BMG launches new classical, jazz and electronic label Modern Recordings

BMG is launching Modern Recordings, a label for new classical, jazz and electronic music, mostly instrumental but also extending to singer-songwriters. The label – the first new imprint to be launched by BMG since its launch in 2008 – will be led by widely-respected Berlin-based music executive Christian Kellersmann, who will serve as Senior Vice

A New Motorola Razr—and its Folding Screen—Could Bring Phone Design Back to the Future

Before smartphones—with their touchscreens and apps—changed the world, Motorola RAZR flip phones were the must-have mobiles of the early 2000s. Approaching 2020, the Lenovo-owned handset maker wants to recapture some of that handset’s old magic with a smartphone of its own that marries an old form factor and with new folding screen technology. On Wednesday

Apple announces 16-inch MacBook Pro with redesigned keyboard

The MacBook Pro’s keys are deeper and have more travel, so they feel better than the shallow keys on earlier models. Todd Haselton | CNBC Apple announced on Wednesday a 16-inch MacBook Pro that replaces the company’s high-end 15-inch MacBook Pro laptops. But here’s what matters most: Apple completely redesigned the keyboard for the first

HS2 should happen despite rising cost, says review

Image copyright Getty Images A draft copy of a review into the HS2 high-speed railway linking London and the North of England says it should be built, despite its rising cost. The government-commissioned review, launched in August, will not be published until after the election. It says the project might cost even more than its