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How the new order of the Murdoch dynasty is playing out
Katie RazzallCulture and Media Editor BBC Listen to this article Christmas is a time when families get together if they can – and, until this year, the Murdochs were no different. With members of the media dynasty spread across the globe, full family gatherings were rare, although in 2008, according to biographer Michael Wolff, the…
Trump says US will not ‘waste our time’ helping Argentina if Milei loses
President Donald Trump has acknowledged that a $20bn (£15bn) US lifeline to help calm Argentina’s currency crisis is an attempt to sway elections this month in the South American nation. Welcoming Argentina’s libertarian leader Javier Milei to the White House, Trump warned that the US would not “waste our time” with helping Argentina if Milei’s…
Redcar Area Foodbank running reverse advent calendar
Redcar Area Foodbank Every day the foodbank reveals an item it wants people to donate A foodbank is asking for donations ahead of Christmas through a reverse advent calendar. Tracy Gibson from the Redcar Area Foodbank said it was “always busy at this time of year” and the advent calendar allowed people to give something…
US tariffs on coffee and bananas to ease under new trade deals
Danielle KayeBusiness reporter Bloomberg via Getty Images A customer shops at a Costco store in Teterboro, New Jersey, US. The Trump administration on Thursday announced frameworks for trade deals with four Latin American countries, which senior officials said will include tariff relief on coffee and bananas. The Trump administration on Thursday said import taxes on…
US Fed Chair Jerome Powell under criminal investigation
Federal prosecutors have opened a criminal investigation into Federal Reserve Chairman Jerome Powell, he said on Sunday. In a video announcing the probe, Powell said the US justice department served the agency with subpoenas and threatened a criminal indictment over testimony he gave to a Senate committee about renovations to Federal Reserve buildings. He called…
Starbucks to close some US and UK stores
Starbucks will cut about 900 jobs and close its worst performing stores in the US as well as some in the UK as part of a cost-saving restructure, the coffee chain said. Most of the stores earmarked for closure are in North America and its chief executive said the revamp would reduce wait times and…
