Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher rules in the U.K. Nikolas Kokovlis | Nurphoto | Getty Images Klarna, which is known for its popular “buy now, pay later” business, announced Wednesday it has filed initial public offering documents with the U.S. Securities and Exchange Commission.
Chancellor Rachel Reeves has criticised post-financial crash regulation, saying it has “gone too far” – setting a course for cutting red tape in her first speech to Britain’s most important gathering of financiers and business leaders. Increased rules on lenders that followed the 2008 crisis have had “unintended consequences”, Ms Reeves will say in her
Dotun Akintoye, ESPN.comNov 13, 2024, 11:00 AM ET Open Extended Reactions Whether Jon Jones is using the leverage of retirement to up his price for future bouts, or has run out of opponents that excite him, or is seriously contemplating the end of his career, it’s clear his heavyweight title fight against longtime former champion
An increase in solar activity has resulted in the early re-entry of three CubeSats from Curtin University’s Binar Space Program. These small satellites, which operated at low Earth orbit, were designed to last for at least six months. However, due to intensified solar conditions, they were destroyed within two months, significantly shortening their scientific mission.
Former U.S. Army intelligence analyst Chelsea Manning says censorship is still “a dominant threat,” advocating for a more decentralized internet to help better protect individuals online. Her comments come amid ongoing tension linked to online safety rules, with some tech executives recently seeking to push back over content moderation concerns. Speaking to CNBC’s Karen Tso
Donald Trump has picked fiery Florida congressman Matt Gaetz to be his attorney general – a man who was under investigation over sex trafficking just days ago. Democrats have described the MAGA loyalist as “a gonzo agent of chaos” and his appointment a “red alert moment for our democracy”, while some Republican senators have also
Water company United Utilities has reported hundreds of millions in profit as it seeks to further increase customer bills. The utility serving seven million customers in the northwest of England recorded £335.7m in underlying operating profits for the first half of this year, up nearly 23% from £271.1m a year ago. It comes as the
Chevy Blazer EV (left), Chevy Equinox EV (middle) Chevy Silverado EV (right) (Source: GM) Chevy EV owners in Texas who have Reliant as their electric utility can now charge for free at night with renewable energy. Over 150 Chevrolet dealerships across Texas are now offering the Reliant Free Charge Nights plan to new EV buyers.
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks lost some momentum in afternoon trading after the S & P 500 had mounted a rally back above 6,000. The broad index was roughly
In this photo illustration, the Bluesky Social logo is displayed on a cell phone in Rio de Janeiro, Brazil, on September 4, 2024. Mauro Pimentel | AFP | Getty Images Micro-blogging startup Bluesky has gained over 1.25 million new users in the past week, indicating some social media users are changing their habits following the
The government is calling on the music industry to introduce a voluntary levy on tickets for concerts at stadiums and arenas to help fund grassroots venues. Ministers expect the music industry to push through their proposals “as soon as possible” for shows next year, the Department for Culture, Media and Sport (DCMS) said. The government
Gladiator II star Paul Mescal has said bringing Sir Ridley Scott’s legacy sequel to the big screen has been a “wildly… overwhelming” experience. The star was speaking to Sky News on the red carpet at the film’s royal premiere which was attended by His Majesty the King, who had earlier hosted members of the film
Pension “mega funds” will be created under government plans to increase infrastructure investment. Reforms could “unlock £80bn” of investment, according to Treasury plans, which say bigger funds can get greater returns. Chancellor Rachel Reeves wants to imitate the way large Canadian and Australian pension schemes work. She will give more details about her plans in
A police officer who sexually assaulted a six-year-old girl on duty has been jailed. Dean Dempster, 35, from Manchester, attacked the child when he was responding to a domestic disturbance on 29 December 2023 while on duty in Oldham. During the investigation, it was also found he had superimposed his face onto child abuse images.
Mike Coppinger, ESPN Boxing InsiderNov 12, 2024, 07:48 AM ET Close Mike Coppinger has covered boxing since 2010 with roles at USA Today, Ring Magazine and The Athletic before he joined ESPN in 2021. You can follow him on Twitter: @MikeCoppinger Open Extended Reactions MIKE TYSON SAT on the canvas with his back against the
NASA astronaut Sunita Williams has recently addressed speculations surrounding her health condition while on the International Space Station (ISS), discarding recent claims made by media outlets regarding her wellbeing. In response to reports that suggested she appeared “gaunt” due to an extended stay on the ISS, Williams clarified her status during a video interview on
Labour MPs who are opposed to legalising assisted dying believe the momentum is swinging behind their side of the campaign, Sky News has learnt. MPs are currently weighing up whether to back a change in the law that would give terminally ill people with six months to live the choice to end their lives. At
US President Joe Biden has welcomed Donald Trump for a meeting at the White House aimed at ensuring the smooth transition of power from one leader to another. It is the first time the president-elect has visited the White House since he left the Oval Office after being defeated by Mr Biden in the 2020
Tesla CEO Elon Musk is to officially join Trump’s administration as the co-head of the new US Department of Government Efficiency – a second federal department with the goal of making government spending more efficient. You can’t get more ironic than that. Throughout the elections, Musk, who is already CEO of Tesla, and SpaceX, a
A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024. Anthony Prieto | Bloomberg | Getty Images Oil prices may see a drastic fall in the event that oil alliance OPEC+ unwinds its existing output cuts, said market watchers who are predicting a bearish year ahead for crude. “There is more fear about