U.S. Environmental Protection Agency Administrator Lee Zeldin clapped back after Rep. Jasmine Crockett, D-Texas, said he had taken money from someone named Jeffrey Epstein. The congresswoman dropped Zeldin’s name while listing figures and entities she said had taken money from ‘somebody’ by the name of Jeffrey Epstein. Noting that she had her ‘team dig in very quickly,’ she rattled off ...
Chancellor Rachel Reeves should use the Autumn Budget to spell out how the government plans to deploy the £2 billion earmarked for the UK’s AI Opportunities Action Plan, according to leading audit, tax and advisory firm Blick Rothenberg. Evelina Panchal, a director at the firm, said businesses urgently needed clarity on how the funding would be allocated, arguing that proper ...
UK inflation has eased to 3.6% in the year to October — its lowest level in four months — helped by slower increases in household energy costs and falling hotel prices. However, food inflation picked up again after a brief dip, underlining the ongoing pressure on household finances just a week before the government delivers its highly anticipated Budget. The ...
Bond markets may force Rachel Reeves to deliver a second budget if investors react negatively to next week’s fiscal plans, a senior City investor has warned, underscoring the fragile backdrop the chancellor faces ahead of 26 November. David Zahn, head of European fixed income at the $1.69 trillion asset manager Franklin Templeton, said the biggest risk to Reeves was that ...
A major national security debate is unfolding, and it affects more than government networks. It touches your home, your devices, and the Wi-Fi your family uses every day. The Commerce Department has proposed blocking new sales of TP-Link products after a months-long review into the company’s ties to China, citing a growing TP-Link security risk. Multiple agencies, including Homeland Security ...
President Donald Trump has given his approval for the CIA to carry out covert operations within Venezuela, The New York Times reported Tuesday. The report comes after the U.S. deployed USS Gerald Ford, America’s largest aircraft carrier, to the Caribbean. Citing multiple people briefed on the matter, the Times reported that the covert operations could lay the groundwork for a ...
Hewlett Packard has submitted a final claim of almost $1.8 billion (£1.4 billion) against the estate of Mike Lynch, intensifying one of the longest and most expensive corporate fraud battles in UK legal history. The latest claim is substantially lower than the $5 billion HP originally sought over its ill-fated 2011 acquisition of Autonomy, but still far exceeds the late ...
Jet2 chief executive Steve Heapy has urged Chancellor Rachel Reeves to stop using the airline and holiday industry as a “cash cow”, warning that any further increase in aviation taxes will hit lower earners hardest and risk pricing families out of foreign travel. Heapy — who runs Britain’s largest package holiday provider and the UK’s third-biggest airline by passenger numbers ...
Jeff Bezos is returning to a chief executive role for the first time since leaving Amazon in 2021, launching a new artificial intelligence venture called Project Prometheus — a start-up already reported to have secured $6.2 billion in early-stage funding. According to The New York Times, the new company will be co-led by Bezos and Vik Bajaj, a former senior ...
President Donald Trump on Tuesday announced that the U.S. will designate Saudi Arabia a major non-NATO ally, unveiling a defense and economic partnership with Crown Prince Mohammed bin Salman during a White House dinner marking 80 years of U.S.–Saudi relations. Trump welcomed guests at the official dinner and thanked bin Salman for his visit and investment in the U.S. The ...