Category: Business

Beyoncé is lending a helping hand to those who might be losing their homes. The 39-year-old music icon announced late last month that she’s offering grants as large as $5,000 to “to individuals and families facing foreclosures or evictions” in an announcement on her official website. The initiative stems from Beyoncé’s BeyGOOD charity, which also […]

Trevor Noah is upgrading. The Emmy-winning host of “The Daily Show” traded up when he plopped down $27.5 million on an architectural marvel of a home in the Bel Air neighborhood of Los Angeles, the Los Angeles Times reported on Monday. According to Mansion Global, citing property records, Noah, 33, purchased his new Bel Air […]

There haven’t been so many single-family homes under construction in the U.S. since 2007, yet many of these new houses won’t be for sale. Investors are building tens of thousands of houses expressly to rent in a bet that Americans will keep flocking to spacious suburban living even if they can’t afford to buy homes. […]

The FTSE 100 closed down 74.78 points at 6798.48 and the pound was at $1.35 against the dollar. The blue chip index followed Asian markets into the red, as the UK government pondered introducing tighter restrictions to combat Covid-19. Royal Mail announced that current director and former Apple executive, Simon Thompson, will become the firm’s […]

The chief executives of Facebook, Google and Twitter faced withering criticism from members of Congress on Thursday about their handling of misinformation and online extremism during their first appearance before lawmakers since the Jan. 6 Capitol riots and the rollout of the coronavirus vaccine. Members of the House Energy and Commerce Committee pressed Facebook CEO […]

City grandee Martin Gilbert is preparing to build a new business empire just months after leaving Standard Life Aberdeen. The industry veteran, who founded Aberdeen Asset Management and was instrumental in its merger with Standard Life, will use London-listed Assetco as a vehicle through which to start his new firm. Along with other backers, including […]

New Business Secretary Kwasi Kwarteng must ‘get his skates on’ and make 2021 the year the Government finally commits to building nuclear projects, the industry has said. As he sits down to address his overflowing in-tray, inherited from Alok Sharma who left to focus on his climate conference role, Kwarteng has been urged to decide […]