After making it through the busiest three weeks of earnings season, we’re taking a step back and making sense of what we’ve learned. Here are four common themes around the consumer, banks, Big Tech and energy that have emerged among companies in our portfolio. 1. (Some) consumers are strong How’s the consumer holding up in
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Conspiracy theorist Alex Jones has been ordered to pay another $45.2m (£37.4m) to the parents of a Sandy Hook shooting victim, a jury has ruled. He was ordered to pay $4.1m (£3.3m) in damages by a jury on Thursday to the parents of six-year-old Jesse Lewis, who was killed in the school massacre in 2012.
A firefighter fears that as many as 10 of his relatives have died in a blaze at a house in Pennsylvania. The fire at the single-family home in the town of Nescopeck was reported at around 2.30am on Friday, after what neighbours described as a loud explosion. Three victims have been found so far, and
In this article IRBT AMZN A vacuuming Roomba model robot is displayed at iRobot headquarters in Bedford, Massachusetts Scott Eells | Bloomberg | Getty Images Amazon is acquiring iRobot for $61 a share, an all-cash deal that values the Roomba maker at $1.7 billion, the companies announced Friday. The deal will deepen Amazon’s presence in
Liz Truss was interrupted by activists as she attempted to deliver her opening speech at a Conservative Party hustings in Eastbourne. The protesters from Green New Deal Rising shouted “shame on you” and “Green New Deal” as they stood holding placards inside the hustings venue. “I think we have some infiltrators and I will wait
Archie Battersbee’s parents have been refused permission to appeal against the High Court’s decision which denied them the right to have their son moved from hospital to a hospice to die. The family had applied to the Court of Appeal on Friday, challenging a ruling that blocked their plans to move him to a hospice
Comedians are a famously outspoken bunch, but – in a year that’s seen controversial jokes by big hitters like Dave Chapelle and Jimmy Carr lead to a torrent of online vitriol and rage – how are those at the Fringe coping with standing up to cancel culture? Sky News spoke to some of the biggest
Workers at the UK’s biggest container port will go on strike for more than a week later this month in a dispute over pay. More than 1,900 members of Unite union at Felixstowe will strike for eight days from Sunday 21 August until Monday 29 August. The union said that employer Felixstowe Dock and Railway
Millimetre-wavelength light originating from a collision of a neutron star with another star has been captured for the first time by researchers. The team, led by astrophysicists from Northwestern University, US, and Radboud University in the Netherlands, has claimed that the flash emerging from this collision was among the most energetic short-duration gamma-ray bursts (GRBs)
Rishi Sunak has said Nicola Sturgeon needs to be beaten rather than ignored, aiming a dig at Liz Truss who earlier this week called Scotland’s first minister an “attention seeker”. Mr Sunak said Ms Sturgeon and her party the SNP “pose an existential threat to our cherished union”, adding: “Arguing that we should ignore them
China has ramped up its military drills in Taiwan’s waters and announced sanctions against US Speaker Nancy Pelosi, as tensions build between Beijing and Washington. The country’s foreign ministry announced sanctions against Ms Pelosi today following her visit to Taiwan, which marked the first trip from a US House Speaker to the island in 25
The US hiring boom continued last month, as employers added 528,000 jobs – more than double the number expected. The government data showed a labour market continuing to defy surging inflation and back-to-back quarters of contraction in GDP, which have raised fears of a recession. It marked the 19th consecutive month of payrolls expansion, and
Tesla has announced that it has recently produced its 3 millionth electric car since its inception back in 2004 (though production only started in 2008). During Tesla’s annual shareholder’s meeting today, CEO Elon Musk announced that Tesla produced its 3 millionth vehicle over “the last few weeks”. The CEO added: “10 years ago, we had
Oil prices have fallen sharply from their recent peaks, but there’s still a case for buying oil stocks, according to Bill Smead, chief investment officer at Smead Capital Management. That’s because energy prices are likely to stay high or even increase further, he told CNBC’s “Street Signs Asia” on Thursday. He described the slide in
A group of former Republican and Democratic officials are forming a new political party called “Forward.” Former Democratic presidential nominee Andrew Yang and former Republican Christine Todd Whitman join New Day to discuss. #CNN #News
At 5am on 24 February 2022, Eugene Abdukhanov was in his car as the first bombs hit Ukraine. Nearly six months on, the things he saw as he drove for his life are sights he will never forget. “All of a sudden, these explosions started to happen right round me,” he tells Sky News. “Everything
Four people are fighting for their lives after being hit by lightning outside the White House during a severe thunderstorm. Two men and two women suffered critical injuries after they were struck in Lafayette Park, less than 500ft (150m) away from President Joe Biden‘s official residence in Washington DC. US Secret Service members were deployed
Kwasi Kwarteng has insisted the PM and chancellor are “completely on top” of the UK’s economic problems after the pair were criticised for going on holiday as the Bank of England warned of the longest recession since the 2008 financial crisis. The business secretary told Sky News “I am here” when asked about the whereabouts of
South Korea’s first lunar orbiter successfully launched on a year-long mission to observe the Moon, Seoul said Friday, with the payload including a new disruption-tolerant network for sending data from space. Danuri — a portmanteau of the Korean words for “Moon” and “enjoy” — was on a Falcon 9 rocket launched from Cape Canaveral in
Just a day after the Bank of England warned of a 15-month recession, there are signs in housing and recruitment that the slowdown is already well under way. Figures out on Friday showed that house prices fell in July (in monthly terms) for the first time in more than a year, with warnings that the