Energy firms allowed to restart force-fitting prepayment meters
Regulator Ofgem has given three companies permission to force-fit prepayment meters in homes.
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Queen Mary, once a sinking white elephant, shows signs of remarkable revival
The Queen Mary has for years been a landmark in the city of Long Beach, an iconic ocean liner serving as a majestic sentry at the port and a popular attraction for both tourists and locals. But the aging ship has in recent years become more of a white elephant, in need of millions of…
IRS delays tax reporting rule change for business payments on apps such as Venmo and PayPal
IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque | Reuters If you received business payments via apps such as PayPal or Venmo or e-commerce companies such as eBay, Etsy or Poshmark in 2023, your tax return may now be a little less complicated. The IRS announced Tuesday that 2023 would…
Amazon unveils buy now, pay later option from Affirm for small business owners
Amazon is unveiling its first buy now, pay later checkout option for the millions of small business owners who use its online store, CNBC learned exclusively. The tech giant confirmed Thursday that its partnership with Affirm is expanding to include Amazon Business, the e-commerce platform that caters to companies. Affirm shares jumped 19% on the…
California lawmakers want to curb retail theft, but say it’s not as easy as it sounds
While California lawmakers feel pressure to address concerns about crime, the murky and sometimes contradictory evidence of an increase in lawlessness has put legislators in a bind. Recent studies show that retail theft has increased in some of California’s big cities — with shoplifting rates jumping nearly 50% in San Francisco since 2019 — while…
Oil prices rise after Iran seizes oil tanker
The incident raises prospects of growing conflict in the Middle East, which could impact UK fuel prices.
Chesapeake, Southwestern to Merge as New Gas Behemoth
Updated Jan. 11, 2024 7:14 am ET Chesapeake Energy and Southwestern Energy agreed to merge in an all-stock transaction valued at $7.4 billion that would create one of the largest natural-gas producers in the U.S. The companies on Thursday said the value is based on Chesapeake’s closing price as of Wednesday. Copyright ©2024 Dow Jones…
