Business

Business

Claudine Gay to continue as Harvard faculty member, likely to keep $900K salary

Harvard University student Shabbos Kestenbaum reacts to Harvard President Claudine Gay’s resignation and the fallout following the announcement. The recently-resigned Harvard President Claudine Gay will still likely earn nearly $900,000 a year despite there being numerous plagiarism allegations against her.  Gay, whose resignation will bring an end to the shortest …

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Meet Dynisma, the UK company that has become a world leader in motorsport | City & Business | Finance

Lufe is literally the pits for Dynisma, a rapidly expanding UK company that has become a world leader in motorsport. The business, founded in Bristol in 2017, is now the go-to virtual reality innovator in another example of Global Britain success.  Its multi-million pound space-age simulators are now helping Formula 1 teams shave milliseconds off …

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Full list of Barclays, Halifax, Natwest and Lloyds bank branches closing in 2024 | Personal Finance | Finance

Almost 200 bank branches are set to close this year as lenders continue withdrawing from the High Street. Data from consumer champion Which? shows 5,791 branches have shut for good since January 2015, at a rate of around 54 each month. There are already 189 bank closures scheduled for 2024. …

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Bitcoins soars past $45,000 for first time sine April 2022

Grayscale CEO Michael Sonnenshein joins ‘Mornings with Maria’ to discuss the new regulatory environment for the cryptocurrency market. Bitcoin soared above $45,000 on New Year’s Day for the first time since April 2022, continuing a scorching recent run by the world’s largest cryptocurrency. Bitcoin hit an intraday high of $45,519.52 …

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I’m an optimist – but these 5 threats could smash UK economy in 2024 so hold tight! | Personal Finance | Finance

Western economies have proved surprisingly resilient over the last few years, standing firm despite Covid lockdowns, the ravages of inflation and soaring borrowing costs. Astonishingly, the UK and US have both avoided a recession so far, even if former EU powerhouse Germany is facing a double dip. Yet politically, we …

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DWP Universal Credit shake-up could see families lose access to free prescriptions | Personal Finance | Finance

The Chancellor, Jeremy Hunt, outlined changes to benefits in order to incentivise those on Universal Credit to get into work during his Autumn Statement. Around nine million Britons of working age are currently unemployed. If a claimant does not find work within 18 months of receiving support from the Department …

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