Year: 2022

Jeremy Hunt effectively scrapped Prime Minister Liz Truss’s signature tax-cutting plan, saying some levies would have to increase and public-spending cuts would need to be made to restore market confidence in the British economy.

Corporate earnings season is ramping up with quarterly reports from other bellwethers, including Procter & Gamble, Johnson & Johnson and IBM.

Most visitors to Horizon Worlds generally don’t return after their first month, and the user base has steadily declined since the spring, the documents show. “An empty world is a sad world,” said one document.

The company’s U.S. chief operating officer, chief financial officer and national field operations director have decided to retire in November as rising rates threaten to dent lump-sum payouts for corporate pensions.

The move would bring assets such as Fox News and The Wall Street Journal back under one roof, nearly a decade after they split.

A federal jury found Trevor Milton guilty of three criminal counts he faced for what prosecutors said were lies about Nikola’s zero-emissions trucks and technology.

Consumers’ retail spending shifted last month as they adjusted to changing costs amid high inflation and rising interest rates.

Consumers were able to spend less at the pump, but they also cut outlays on big-ticket items amid high inflation and rising interest rates.

UnitedHealth Group raised its profit outlook for the year after posting a 12% increase in third-quarter revenue.