A 20mph speed limit could be coming to Manchester. Here’s what happened when it was introduced in Cardiff

A 20mph speed limit could be coming to Manchester. Here’s what happened when it was introduced in Cardiff

Drivers across Manchester could soon face a 20mph speed limit on residential roads across the city. Under new plans revealed today, main roads would also be brought down to 30mph. The proposals effectively confirm that Mancunian Way will permanently become a 30mph road, having been temporarily lowered in late 2022 after a safety review. Speed … Read more

Starbucks shift on non-paying visitors stirs debate in US

Starbucks shift on non-paying visitors stirs debate in US

Hot drink behemoth Starbucks boasts 29,000 retail stores in 78 markets (Adam Gray) Starbucks has stirred the coffee pot by reversing a policy that allowed anyone to use its bathrooms, with the US public warned they’ll need to buy something or get out. In a new code of conduct issued Monday, the hot drink behemoth … Read more

Applied Digital posts smaller-than-expected loss on demand for cloud services

Applied Digital posts smaller-than-expected loss on demand for cloud services

(Reuters) – Data center operator Applied Digital on Tuesday posted a smaller-than-expected loss for the second quarter, helped by increased demand for high-performance data center infrastructure and cloud services business. The company’s stock closed nearly 10% higher on Tuesday after Australia’s Macquarie announced it would invest up to $5 billion in Applied Digital’s AI data … Read more

Edison Decision to Keep LA Power Lines Operating Draws Scrutiny

Edison Decision to Keep LA Power Lines Operating Draws Scrutiny

(Bloomberg) — Edison International’s decision to leave some Los Angeles power lines operating during a historic windstorm last week is under scrutiny as an investigation into the city’s devastating wildfires gathers pace. Most Read from Bloomberg Three lawsuits filed against the company’s Southern California Edison utility cite its failure to de-energize all electrical equipment in … Read more

Wall Street bankers say merger outlook has already jumped in 2025

Wall Street bankers say merger outlook has already jumped in 2025

By Nupur Anand MIAMI (Reuters) – Wall Street bankers are already upbeat about a revival in mergers and acquisitions this year that will buoy broader investment banking activity. It may take some time for deals to materialize, but buyouts including bank deals could gain momentum in the second half of 2025. Here are quotes from … Read more

Economists say Los Angeles fire to have limited national economic impact

Economists say Los Angeles fire to have limited national economic impact

By Michael S. Derby (Reuters) – Devastating fires in the Los Angeles area are likely to put modest pressure on the U.S. national economy in the near term but are unlikely to derail strong forward momentum, economists say. Forecasters reckon the fires’ destruction of property and job market disruptions could put upward pressure on inflation … Read more

Milei Lowers Peso Crawling Peg to 1% After Inflation Stabilizes

Milei Lowers Peso Crawling Peg to 1% After Inflation Stabilizes

(Bloomberg) — Argentina’s central bank announced it will slow the pace of the peso’s controlled depreciation to 1% a month starting in February after fresh inflation data paved the way for the policy change. Most Read from Bloomberg Tuesday’s move marks President Javier Milei’s first shift in the currency policy, known as a crawling peg, … Read more