Barclays bank cut 5,000 jobs in cost-saving drive

Starbucks has reversed its policy banning employees from wearing Black Lives Matter accessories amid growing public backlash. “Starbucks stands in solidarity with our Black partners, community and customers, and understand the desire to express themselves,” the company said in a statement Friday. “As our latest step towards this commitment, we are partnering with the Starbucks…

“Close to 96% of the net worth of the promoters of India’s wealthiest families is parked in trusts,” said Rishabh Shroff, partner at Cyril Amarchand Mangaldas, a Mumbai law firm. “These structures are increasingly attractive to wealthy business families, to shield their assets and insulate their businesses from insolvency, family or creditor disputes.”

The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board (NTSB) in Portland, Oregon, U.S. January 7, 2024. NTSB | Via Reuters Boeing has given airlines instructions on…

Updated Jan. 11, 2024 6:14 am ET Amazon.com missed a Wednesday deadline to offer remedies to the European Union over its $1.7 billion acquisition of Roomba maker iRobot, after the bloc had raised concerns that the deal could stifle competition in the robot vacuum cleaner market. The European Commission, the EU’s executive arm, made its…

The incident raises prospects of growing conflict in the Middle East, which could impact UK fuel prices.

Not many Americans know their net worth. That’s understandable, given our propensity to measure financial success by how much we earn. A recent report by The Washington Post found that the middle half of Americans have a net worth between $27,000 and $659,000. And roughly 1 in 12 U.S. households have a negative net worth,…