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.
The incident raises prospects of growing conflict in the Middle East, which could impact UK fuel prices.
Torsten Bell, boss of the Resolution Foundation think tank which focuses on improving living standards, said it was “increasingly not true” that people save for a house deposit, due to half of first-time buyers in their 20s getting help of an average of £25,000 from their parents.
Auto workers have signed off on a trio of new contracts with Ford, General Motors and Jeep parent company Stellantis, bringing closure to a more than six-week strike that rocked U.S. auto makers and showed a renewed militancy within the industry. The United Auto Workers union announced Monday morning that 64% of members overall voted…
Shares of Boeing tumbled 8% on Monday as investors digested the news that the Federal Aviation Administration had ordered airlines to ground dozens of Boeing 737 Max 9 aircraft for urgent inspections. The FAA issued the order on Saturday after a door plug blew out in the middle of an Alaska Airlines flight on Friday when the…
Celebrity real estate agent Mauricio Umansky will not face a civil trial for allegedly violating his duties as a broker in the sale of a prominent Malibu hilltop mansion that he flipped for nearly $70 million. Real estate investor Sam Hakim and his agent dropped their consolidated Superior Court lawsuits this month against Umansky, his…
Astrobotic’s Peregrine lunar lander is seen during preparations for launch near NASA’s Kennedy Space Center in Florida. United Launch Alliance Pittsburgh-based Astrobotic’s inaugural lunar mission suffered a malfunction shortly after launch, and the company is calling off the landing attempt. It would have been the first U.S. moon landing in more than 50 years. Astrobotic…
Unite Here Local 11 has made more progress in contract talks with hotels ahead of the holidays. The union said Friday it had secured tentative agreements with three downtown L.A. properties as well as a hotel near Los Angeles International Airport. The agreements cover roughly 800 workers at the InterContinental, Hotel Indigo and E- Central…