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Tech billionaires seem to be doom prepping. Should we be worried?
Zoe KleinmanTechnology editor BBC Mark Zuckerberg is said to have started work on Koolau Ranch, his sprawling 1,400-acre compound on the Hawaiian island of Kauai, as far back as 2014. It is set to include a shelter, complete with its own energy and food supplies, though the carpenters and electricians working on the site were…
Heineken boss steps down as beer sales slow
The boss of one of the world’s largest beer brands, Heineken, is stepping down after six years as the firm battles falling beer sales. Dolf van den Brink said the Dutch brewer, which also makes pub favourites Birra Moretti and Cruzcampo, had been marked by “significant change” in recent years. The firm has been contending…
Disney+ cancellations soar after Jimmy Kimmel suspension
Danielle KayeBusiness reporter Reuters Comedian Jimmy Kimmel was temporarily suspended last month Disney+ and Hulu cancellation rates doubled in September after TV host Jimmy Kimmel was briefly taken off air, suggesting the move may have hurt the entertainment giant financially. Data from analytics firm Antenna shows Disney+’s so-called churn rate – the percentage of subscribers…
Honesty boxes should be dying like cash. But many are flourishing
Kevin PeacheyCost of living correspondent BBC Annabelle says some customers travel for miles to buy her cookies from her honesty box Honesty boxes: traditionally found on rural lay-bys, offering local produce like eggs and apples in exchange for a small donation. With cash use falling, they might be expected to disappear – a roadside relic…
Why Poundland is struggling during a cost-of-living-crisis
Emma SimpsonBusiness correspondent BBC The residents of Peckham in south London have just lost their Poundland store, which closed this week after 11 years of trading. “Everyone comes in here, it’s very cheap. I buy stuff for my kids, snacks, toiletries,” says passing shopper Becky Cullen, staring at the empty shop. “It was always busy……
