The Latest Dirty Word in Corporate America: ESG
Following years of investor backlash, a number of business leaders are now making a conscious effort to avoid the once widely used term.
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JD Sports shares plunge 20% after profit warning
Shares in JD Sports have plummeted by more than 20% after the sportswear seller issued an profit warning. The company said its profits would be about £125m lower than previously predicted after a worse-than-expected festive trading period. It blamed more promotions and price discounting than anticipated, which it said reflected “more cautious consumer spending”. It…
Home prices are surging — and Detroit gained the most in November, beating Miami for the first time
A “For Sale” sign hangs outside a home on the west side of Detroit, Michigan. Fabrizio Costantini | Bloomberg | Getty Images Home prices are rising faster and faster each month, fueled by a decline in mortgage rates. On a national level, home prices jumped 5.2% in November compared to the same month a year…
Watchdog to investigate compensation over car loans
Thousands of buyers have made complaints about how much they were charged for financing.
Column: Excited about AI and self-driving cars? A top roboticist is here to burst your bubble
If you’re a fan of techno-hype, 2023 was the year for you. Believers felt themselves validated by seeing excitement and fear about AI chatbots reach previously untouched heights. Skeptics may have felt initially confounded by the rollout of driverless robotaxis in San Francisco and a few other cities, but ultimately validated when they were ordered…
Post Office scandal: Met Police investigate potential fraud offences
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Fake Stanley cups are being sold by ‘shady’ scammers, cops warn
Don’t become a pour victim of this popular con. Police are warning about a sharp rise in counterfeit Stanley cups amid a heightened surge in popularity over the portable item — one not to be confused with the coveted National Hockey League trophy. “This past summer, we found them for as cheap as $19. Sounds…
