Card Factory warns on profits as weather dents sales

Image copyright Card Factory Shares in Card Factory have fallen nearly 8% after it cut its profit forecast and blamed weak consumer spending and “extreme” weather for a decline in sales. The greeting cards company said like-for-like sales – which strip out the impact of new stores – had fallen 0.2%, compared with a 3.1% […]

Northamptonshire council meets to vote on huge cuts

Image copyright PA Image caption Northamptonshire County Council held an emergency meeting a week ago to discuss funding cuts Massive cuts to jobs and services are expected to be approved by councillors in Northamptonshire later. The county council, which is facing a funding shortfall of £70m, will discuss an action plan on Thursday that would […]

New York votes to cap Uber and Lyft services

Image copyright Getty Images Image caption The New York Taxi Workers Alliance has described it as a “historic victory” New York has become the first major US city to approve a cap on ride-hail car licences and set minimum pay conditions for drivers. The bill will impact popular app-based services like Uber and Lyft, who […]

Will Trump’s tariffs stop Chinese espionage?

Image copyright Getty Images Image caption US company AMSC had its wind turbine software stolen by its one-time Chinese partner Sinovel Windpower Dan McGahn says it was a case of attempted murder. The victim was his business American Superconductor (AMSC), and the perpetrator was a Chinese company called Sinovel Windpower. The two firms had been […]