Wednesday, 25 Dec 2024

Business

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It’s Obamacare Sign-Up Time: How to Untangle Coverage Choices

Despite efforts by President Trump and congressional Republicans to hobble the Affordable Care Act, the health insurance marketplace it created is still standing. Open enrollment started Thursday — in most places it runs through Dec. 15 — and people in at least a dozen states who want to buy or renew policies have more choices […]

Could New York’s Suit Against Exxon Help Undermine the Law Behind It?

Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them.__________ An editorial in The Wall Street Journal this year called New York’s Martin Act “the worst law in America.” But despite courting controversy, it remains a useful way for the state’s attorney general to hold […]

Vying for Vuitton: China's e-commerce rivals seek luxury stranglehold

PARIS (Reuters) – China’s online giants Alibaba (BABA.N) and JD.com (JD.O) are taking their battle for relevance in the lucrative luxury goods market to a new level, as they aim to crack e-commerce tie-ups with top brands that usually shun selling through third parties. From Hugo Boss (BOSSn.DE) to La Perla underwear, the online shopping […]

Healthy fast food chain Sprout to add up to five outlets in Dublin

Healthy fast food chain Sprout & Co plans to add up to five outlets across Dublin over the coming years. The business, which was established by brothers Jack and Theo Kirwan two-and-a-half years ago, also has plans for expansion outside of the capital with Cork and Belfast mooted as possible destinations. Sprout opened its seventh […]

Oil rally faces tidal wave of supply

(Reuters) – The oil market’s two-year bull run is running into one of its biggest tests in months, facing a tidal wave of supply and growing worries about economic weakness sapping demand worldwide. After topping out at more than $75 and $85 a barrel just a month ago, both U.S. crude and Brent benchmark futures […]

All-UK customs Brexit deal report is 'speculation': PM May's office

LONDON (Reuters) – A report suggesting an all-UK customs deal will be written into the legally binding agreement governing Britain’s withdrawal from the EU to avoid the need for an Irish backstop is “speculation”, Prime Minister Theresa May’s office said. The Sunday Times said the plan would avoid the need to treat Northern Ireland differently, […]

Business figures call for vote on Brexit terms: Sunday Times

LONDON (Reuters) – More than 70 business figures are calling for a public vote on the final terms of Britain’s exit from the European Union, warning that the country faces “either a blindfold or a destructive hard Brexit”, the Sunday Times reported. Firms are increasingly worried about the prospect of Britain leaving the world’s biggest […]

Wall Street snaps three-day rally as Apple falls, trade hopes fade

(Reuters) – U.S. stocks fell for the first time in four days on Friday after White House economic adviser Larry Kudlow deflated optimism over Sino-U.S. trade talks and as Apple dragged technology stocks lower following a disappointing forecast. While President Donald Trump would meet China President Xi Jinping later this month, he has not asked […]