Business4779 Videos

‘Bank of Mum and Dad’ behind 25% of British mortgages

Research estimates that parents will provide deposits for more than 300,000 mortgages. Photograph: Newscast/Rex The “Bank of Mum and Dad” will help finance 25% of UK mortgage transactions this year, according to research. Related: UK housing crisis: four in 10 renters fear they will never own a home Parents are set to lend their children […]

‘Flash crash trader’ can be extradited to US, judge rules

Navinder Singh Sarao. Photograph: Carl Court/Getty Images Navinder Singh Sarao faces extradition to the US over claims he caused a $800bn (£565bn) “flash crash” in the US stock market from his parents’ house in south-west London. District judge Quentin Purdy at Westminster magistrates court on Wednesday ruled that Sarao’s alleged actions constituted a crime in […]

‘Hamilton’: Who’s Making Millions Off Broadway’s Hottest Show

THR analyzes the revenue from sold-out shows, music and even books related to New York's most in-demand ticket in years. This story first appeared in the April 22 issue of The Hollywood Reporter magazine. To receive the magazine, click here to subscribe. The fine print on the investors’ agreement for The Public Theater’s spring 2015 […]

‘I love Bernie, but I don’t want my taxes to go up’

Sanders: Taxes will go up, healthcare cost will go down At age 40, Daniel Utter is about to become a father for the first time. His family's future — and America's — are a lot more in focus now. He really likes the vision for America that Bernie Sanders has spelled out, but he's worried […]

‘Independent’ pharmacist’s letter edited by Boots senior execs

Paracetamol tablets at Boots pharmacy. Photograph: Alamy Boots stands accused of “trying to deceive the public”, after a letter sent to the Guardian purporting to be from an independent pharmacist was found to have been processed and extensively revised by the retailer’s senior executives. Submitted this week by a self-described “independent pharmacist”, the letter takes […]

‘Made in China’ labor is not actually that cheap

Donald Trump defends his 'Made in China' ties Surprise! Making goods in China isn't actually that cheap. These days, China's labor costs are only 4% cheaper than those in the U.S. when productivity is factored in, according to Oxford Economics. That's because wages in China have risen much faster than increases in productivity. Coupled with […]

‘National living wage’: what employers need to know

The living wage will require many small businesses such as cafes and shops to pay more to workers. Photograph: Timothy Fadek At first glance, the introduction of the living wage seems relatively straightforward. Employers may think they must simply begin to pay the new rate (£7.20 per hour) to anyone who is 25 or over […]

‘Serious risks’ of more mis-selling in financial services market

The City of London, Britain’s financial district. The public accounts committee says firms’ cultures and the nature of their sales incentives are key factors behind mis-selling. Photograph: Alamy There are “serious risks” of further mis-selling scandals erupting in the financial services industry and stronger action is needed to tackle problems with the culture of firms, […]

‘True’ UK unemployment is 6.3m, says TUC

There are about 463,000 job vacancies in the UK economy, said the Department for Work and Pensions. Photograph: UK Stock Images Ltd/Alamy The true state of British unemployment is more than double its current level at 6.3 million people, if alternative measures including adults stuck in part-time work are used, according to research published on […]

‘We did more research for exporting than for launching the business’

Julien Callede and his team founded Made.com to help consumers access the creations of talented designers. Photograph: Media Wisdom/Giles Christopher Six years ago, Made.com was a plucky startup battling Ikea, today it is a £43m company trading in six countries in Europe. “We were our first customers,” says co-founder Julien Callede. Like many successful businesses, […]

‘Alaska Air’s $2.6b play for Virgin America’

‘Acquisition’ … Alaska Air is nearing a deal to buy Virgin America, after beating a rival bid for the airline by JetBlue AirwaysPicture: AP. Staff WritersNews Corp Australia Network Share Share on Facebook Share on Twitter Share on Google+ Share on Reddit Email a friend ALASKA Air Group Inc. has emerged as the likely winner […]

‘Assassination attempt before November’

Republican presidential candidate Donald Trump. Picture: Gerald Herbert Frank Chungnews.com.au@franks_chung Share Share on Facebook Share on Twitter Share on Google+ Share on Reddit Email a friend THE media wants a member of the public to kill Donald Trump. That’s the view of a growing number of commentators, who have sounded warnings about the increasingly dangerous […]

‘Aus Post — you’re a joke’

The publicly owned organisation has been bombarded with complaints following Monday’s news that customers could be charged up to $9 a pop to pick up a parcel. Australia Post has been labelled “a joke”, and the move “a blatant grab for cash” with claims staff often fail to check if someone is at home before […]

‘Aus Post ruined my wedding’

Instead, she just “cried and cried,” says her husband Con who puts the blame squarely on Australia Post, accusing them of sending vital paperwork for the couple’s wedding day not only to the wrong address but to the wrong state. The pair estimate the costs for the Greek orthodox ceremony, including travel arrangements for the […]

‘Australia Post, you’re a joke’

The publicly owned organisation has been bombarded with complaints following Monday’s news that customers could be charged up to $9 a pop to pick up a parcel. Australia Post has been labelled “a joke”, and the move “a blatant grab for cash” with claims staff often fail to check if someone is at home before […]

‘Be relentless in your pursuit’

Source: Australian Women Chamber of Commerce & Industry Staff WritersNews Corp Australia Network Share Share on Facebook Share on Twitter Share on Google+ Share on Reddit Email a friend “I’VE been working in manufacturing for some time and you have to earn your stripes,” says Michelle Nazzari founder of electric scooter company Fonzarelli. “I can […]

‘Big disconnect’ in apartment construction

CoreLogic research analysts Tim Lawless and Cameron Kusher have released a New Settlement Risk Report which takes a look at the number of units due to settle over the next six, 12, 18 and 24 months. The report identified that across the combined capital cities, there are 92,102 new units set for completion over the […]