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US beef prices are soaring. Will Trump’s plans lower them?
Posted onDanielle KayeBusiness reporter Mike Callicrate Mike Callicrate, a cattle rancher who has built a direct-to-consumer operation, at his farm in St Francis, Kansas. Beef prices have gotten so high in the US that it has become a political problem. Even Donald Trump, who long ago declared inflation “dead”, is talking about it, as the issue…
Trump administration to pay German firm to halt US wind projects
Posted onRWE said it has agreed to relinquish its leases off the California and Louisiana coasts as well as in the New York Bight. Overall, the German firm plans to invest approximately €17bn (£14.5bn; $19.6bn) in the US over the next six years “to grow its generation capacity”. Interior Secretary Doug Burgum said in a statement…
Tourism tax needs to be revisited in Wales, expert says
Posted onThe visitor levy came about as part of a co-operation deal signed between Labour and Plaid Cymru in 2021, with the legislation published in 2024. Officials said they wanted the tax to be simple to understand, so the same rate would be paid for adults and children – although under 18s are exempt from the…
Airbnb fined £56m by Spain for advertising unlicensed properties
Posted onThe Spanish government has fined property rentals giant Airbnb €64m (£56m) for advertising unlicensed apartments. It also said that some of the properties advertised in the popular tourist destination were banned from being rented. The fine means that Airbnb has to withdraw the adverts promoting unlicensed properties. Although the Consumer Affairs Ministry said the fine…
Trump says $72bn Netflix-Warner Bros deal could be a problem
Posted onUS President Donald Trump has flagged potential concerns over Netflix’s planned $72bn (£54bn) deal to buy Warner Brothers Discovery’s movie studio and popular HBO streaming networks. At an event in Washington DC on Sunday, he said Netflix has a “big market share” and the firms’ combined size “could be a problem”. On Friday, the two…
