Post Office scandal: Investigator denies claims of ‘mafia’ behaviour

Business & FinanceEconomy 14 December 2023, 4:50 am 1 minute Reuters was first to report that the U.S. Treasury Department’s Office of the Comptroller of the Currency (OCC) carried out its first climate risk assessment of more than two dozen banks in recent months, laying the groundwork for heightened scrutiny of Wall Street’s accounting for…

The Employee Retention Credit was intended to be a financial lifeline to small businesses struggling to make ends meet during the pandemic. The government program, seemingly flush with cash, led to the emergence of an industry of its own, which focused on helping businesses claim the credits. Suddenly, a parade of ads encouraging businesses to…

Writers, actors, nurses, auto workers, baristas, pharmacists, graduate students — ever since 2023’s “hot labor summer” began, it seems like workers all over the country have been walking off the job to demand more of their bosses. But are we really seeing a resurgence of the strike weapon? By several measures, yes, we are. More…

Updated Jan. 8, 2024 5:44 am ET Shell said its fourth-quarter earnings took a hit of between $2.5 billion and $4.5 billion in impairments that were offset by significantly higher gas trading, while its overall production volumes are on track to meet targets. The London-based energy giant said Monday that the impairments were primarily driven…

Business & FinanceEconomy 14 December 2023, 4:50 am 1 minute Reuters was first to report that the U.S. Treasury Department’s Office of the Comptroller of the Currency (OCC) carried out its first climate risk assessment of more than two dozen banks in recent months, laying the groundwork for heightened scrutiny of Wall Street’s accounting for…

Both retailers beat expectations for the key festive period as overall food prices remain high.