Improved bus services promised in England as part of £1bn boost

Bus services in every part of England will be boosted by nearly £1bn of new funding, the government is pledging. The Department for Transport last month announced the investment for 2025. Confirming details of its plans, the government said the money will be allocated based on need, population and levels of deprivation – instead of…

U.S. stocks soar as Trump’s victory is met with investor enthusiasm

What President-elect Donald Trump says he will do and what he actually does have not always been a straight line, but if he follows through on his declared intentions for the economy, it bodes well for American corporations and high-income individuals, at least in the short term. The same cannot be said for the millions…

FTC accuses L.A. cash app Dave of charging hidden fees

The Federal Trade Commission has accused Los Angeles cash app Dave Inc. of misleading its financially vulnerable customers about fees it charges and the amount of money it gives out. In a federal lawsuit filed Tuesday in Los Angeles, the agency alleges that although Dave advertises it offers $500 advances “instantly,” only a “miniscule” number…

‘Inside the NBA’ will air on ESPN and ABC as part of settlement between WBD and NBA, AP sources say

“Inside the NBA” will appear on ESPN and ABC beginning next season as part of a settlement between Warner Bros. Discovery and the NBA. Warner Bros. Discovery, the parent company of TNT Sports, sued the NBA in New York state court after the league did not accept the company’s matching offer for one of the…

Kristin Scott Thomas quietly weds editor John Micklethwait

British actor Kristin Scott Thomas has wed Bloomberg News editor Johh Micklethwait. The “Slow Horses” star confirmed her nuptials on Tuesday’s “Ruthie’s Table 4” podcast after host Ruth Rogers mentioned the wedding in the episode’s introduction. “Kristin is basking in love and the joy of just a few weeks ago marrying the editor and my…

How Trump’s second presidency could bring more drama to Hollywood

Already facing retrenchment and existential concerns about its business model, Hollywood is bracing for more potential volatility from the incoming Trump administration. While President-elect Donald Trump has not laid out specific plans for the entertainment industry, analysts said his proposed broader policies on global tariffs, as well as the threat of retaliation against companies, could…

L.A. County to buy downtown skyscraper for new HQ despite a ‘hell no’ from Hahn

The Los Angeles County Board of Supervisors on Wednesday approved the county’s purchase of the Gas Company Tower, one of downtown L.A.’s most prominent skyscrapers, paving the way for the transfer of thousands of workers and public services out of the city’s civic center. With a 4-1 vote, the supervisors gave county officials the final…

Fed cuts rates again as Trump’s victory makes future murky

The Federal Reserve cut interest rates for a second straight time Thursday in an effort to keep the economy sailing along by easing the high borrowing costs it engineered to fight inflation. But going forward the Fed’s rate path looks very uncertain as policymakers must contend with a big new unknown: the policies and politics…

EV maker Rivian falls short of revenue projections for third quarter

Electric vehicle maker Rivian missed Wall Street’s expectations for revenue Thursday, with sales coming in lower than expected in the third quarter. The Irvine company reported revenue of $874 million in the three months that ended Sept. 30, which fell short of the $992 million projected by analysts, according to FactSet. The company recorded revenue…

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