Business

Why Britain’s Mortgage Holders Are Being Squeezed

The Bank of England’s campaign to curb inflation is pushing up monthly payments for millions of homeowners.

U.K. Inflation Rate Slows to 7.9 Percent, as Price Pressures Ease

The News Consumer prices in Britain rose 7.9 percent in June from a year ago, the Office for National Statistics…

Jaguar Land Rover’s Owner to Build Battery Plant in England

The factory, made possible by government subsidies, could produce nearly half of the electric-car batteries needed in Britain by 2030.

Carvana, Used Car Dealer, Reaches Deal to Restructure Debt

Most of the company’s bondholders have agreed to accept bonds that are worth less than what they were owed but…

Kim Kardashian’s Skims Is Now Worth $4 Billion

As the apparel company prepares to expand into physical stores and men’s clothing, its latest funding round may spur questions…

Actors’ Strike Won’t Halt 39 Independent Projects, Union Says

SAG-AFTRA confirmed the productions had no ties to the Alliance of Motion Picture and Television Producers, which represents big studios.…

Air Taxis, Hyped for Years, May Finally Take Off

Federal regulators released a plan that would allow a new generation of small aircraft to transport people short distances.

Actors and Hollywood Studios ‘Remain Far Apart’ on Crucial Issues

The actors’ union and the organization that bargains on behalf of the studios traded statements underscoring how much work needs…

Ford Slashes Price of Electric F-150 as Demand Weakens

Sales of electric vehicles have slowed recently partly because prices of some models like the F-150 Lightning had risen a…

John Harris Named Top Editor at Politico

Mr. Harris, who helped found the media outlet in 2007, will succeed Matt Kaminski as the publication’s editor in the…

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