‘The Power of Conflict’ author Jon Taffer on the state of restaurants and teaming up with Shift4 for the launch of the SkyTab Rescue Mission contest. Restaurants are expected to hit record numbers this summer, and, as a result, “Bar Rescue”‘s Jon Taffer is sounding the alarm on the worker …
Read More »Investec bank offers five percent interest on one year fixed savings account | Personal Finance | Finance
Investec Bank plc is offering the highest returns to savers looking to put away money for at least one year. The bank has increased the rate on its 1-Year Fixed Rate Saver. The account has earned an “excellent” rating due to its high rate, making it highly competitive with other banks …
Read More »Michelin sells Russian division, exits country amid war
Check out what’s clicking on FoxBusiness.com French tire manufacturer Michelin has sold off its remaining assets in Russia and abandoned the country’s market. Michelin is selling its Russian branches to Power International Tires LLC. The tire company announced its exit from the Russian market on Friday. “After suspending its industrial …
Read More »Octopus relaunches ‘smart tracker tariff’ which can help cut energy bills – can you apply? | Personal Finance | Finance
The smart tariff ‘Octopus Tracker’ allows customers to access wholesale prices which in turn can cut their energy usage, reducing their bills. The announcement was made following the Ofgem price cap announcement during the week. Energy regulator Ofgem has announced the new energy price cap will be £2,074, based on …
Read More »Gap shares jump on surprise quarterly profit
Check out what’s clicking on FoxBusiness.com Gap says restructuring efforts and easing supply chain costs led to a surprise profit in the first quarter. Investors liked the news, sending shares of the retailer rising more than 12% on Friday. Executives said the company spent less on salaries and other operating …
Read More »‘Remortgage lottery’ for 1.3 million after latest rate hike dilemma | Personal Finance | Finance
More than a million homeowners are trapped in a “remortgage lottery” caused by rising interest rates, experts said yesterday. The dilemma affects around 1.3 million people nearing the end of fixed-rate deals, or those who chose variable rates in the hope repayments would come down. Chancellor Jeremy Hunt backed …
Read More »Celtics co-owner gives $1,000 to each UMass Boston graduate
Check out what’s clicking on FoxBusiness.com Graduates of UMass Boston will start their post-college careers with a head start. Rob Hale, a billionaire who joined the Boston Celtics‘ ownership group in 2012, surprised University of Massachusetts Boston undergraduates with a gift during their commencement ceremony Thursday. The Boston Celtics logo …
Read More »Barclays warning over ‘scary’ scam tactic after fraudsters tried to steal £2,900 | Personal Finance | Finance
They will say they have lost their phone, hence they are contacting the parent from an unknown number. The scammer will then go on to ask the parent to send over money to pay an urgent bill or for another financial need. Victims of the scam sometimes hand over hundreds …
Read More »Terrifying video shows South Korea plane door open during flight; man in custody
All passengers survive after man opens emergency door as Asiana Airlines plane lands in South Korea Friday. Some passengers received medical attention after fainting. A plane passenger in South Korea is said to have opened the aircraft’s emergency door during flight, violently blasting the interior with air and startling passengers …
Read More »Mortgage costs surge as building society ups rates on fixed deals by 0.45 percent | Personal Finance | Finance
Homeowners looking for a mortgage deal face rising costs as banks and building societies are poised to continue upping their rates. Nationwide Building Society is increasing the rates on new fixed deals by up to 0.45 percent while other lenders have also been upping their rates. The Bank of England …
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