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Spotify founder Daniel Ek to step down as chief executive
Posted onGetty Images Spotify founder Daniel Ek is planning to officially step down from the role of chief executive after two decades at the helm of the music streaming giant. The company said the 42-year-old would be replaced by his two deputies at the end of the year, while he remains on as executive chairman, setting…
US adds more jobs than expected in September
Posted onNatalie ShermanBusiness reporter Getty Images The first official data in weeks on the US job market is out, and it showed a surprising pick-up in hiring after a lacklustre summer. Employers added 119,000 jobs in September, more than double what many analysts had expected, but the unemployment rate ticked up from 4.3% to 4.4%, the…
Trump launches $1m gold card immigration visas
Posted onPresident Donald Trump has launched a scheme offering fast-tracked US visas to wealthy foreigners who can pay at least $1m (£750,000). The card will give buyers a “direct path to Citizenship for all qualified and vetted people. SO EXCITING! Our Great American Companies can finally keep their invaluable Talent,” Trump said on social media on…
Shropshire charities warn ‘families feeling pinch’ over rising bills
Posted onBBC Leanne Simcoe from the charity Little Stars says family referrals have increased Charities in Shropshire are urgently calling for benefit reforms, warning that working families could face a “dreadful” winter as food and energy bills continue to surge. Over the past week, the BBC has visited the county to speak with organisations working to…
Waterstones would sell books written by AI, says chains boss
Posted onFelicity Hannah,Big Boss Interviewand Michael Sheils McNamee,Business reporter PA Waterstones would stock books created using artificial intelligence, the company’s boss has said, as long as they were clearly labelled, and if customers wanted them. However, James Daunt, a veteran of the bookselling industry, said he personally did not expect that to happen. “There’s a huge…
Flights disrupted after Airbus discovers intense sun radiation could impact flight control data
Posted onThousands of Airbus planes have been grounded after it was discovered that intense solar radiation could interfere with onboard flight control computers, leading to delays around the world. Around 6,000 A320 planes are thought to be affected, half the European firm’s global fleet, but it is understood most will be able to fly again after…
