Earl Foster

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Blackberry to axe thousands of jobs

Blackberry has announced it is planning to cut 4,500 jobs, or 40% of its worldwide workforce, in an attempt to staunch huge losses.<p>The smartphone maker said it anticipated a loss of as much as $995m (£621m) when it reports its second-quarter earnings next week. In August, the Canadian company said …

The high-earning butlers of Dubai

<b>In Britain, butlers may seem like a relic of another era, but in some other countries, particularly emerging economies, they are in huge demand - and their employers can often afford to pay handsomely for the privilege.</b><p>If PG Wodehouse's unflappable valet Jeeves had been called upon to work in the …

Dyson sues Samsung for 'cynical rip off'

Dyson is suing Samsung for patent infringement, claiming its new range of vacuum cleaners uses technology copyrighted by the British company.<p>Sir James Dyson, the entrepreneur behind the company, attacked the Samsung for "a cynical rip off" that had "forced" him to take the matter to the courts.<p>The …


Fresh & Easy: in numbers

Tesco has announced it is selling its US centure to Yucaipa. Here is a look at the Fresh & Easy chain in numbers.<p><b>2007</b><p>Year Fresh & Easy began trading<p><b>£1bn</b><p>The amount Tesco spent building up Fresh & Easy<p><b>200</b><p>Number of stores in the US<p><b>£700m</b><p>Revenues from the US arm in 2012/2013<p><b>20</b><p>Number of years since Tesco …

Clean Technology

Tesco sale of Fresh & Easy wins City backing

Tesco's deal to sell its US chain Fresh & Easy has gained cautious backing from the City despite the fact the sale could cost £150m for the British supermarket group.<p>Shares in Tesco edged up 0.3pc to 372.2p in early trading after Tesco confirmed on Tuesday evening that it has agreed to sell Fresh & …


Royal Mail to launch stock market flotation within hours

Ministers have been putting the finishing touches to the launch of the Royal Mail flotation, the most ambitious privatisation for a generation, amid fierce criticism from its closest rival.<p>An announcement detailing the plans is due to be made to the stock market at 7am on Thursday, following a …

Vince Cable

Food sales at discounters to double as budget supermarket brands come of age

Shoppers will be spending nearly twice as much at discount supermarkets such as Aldi and Lidi in five years' time as the budget supermarket brands come of age.<p>A report out today claims sales at food discounters will soar 96.3 per cent from £9.5 billion in 2012-2013 to an estimated £18.6 billion in …

Extreme Sports

Do you need to be rich to start your own company?

<b>With a growing number of young people wishing to start up their own business on both sides of the Atlantic, how much easier is it to do so if you come from a wealthy background? Here a number of young entrepreneurs recount their experiences.</b><p>Utah native Austen Allred's life was changed by the …

UK online grocery sales forecast to double amid shakeup of retail market

Online, convenience and food discounters are the sectors to watch, says IGD, as it predicts a sharp rise in the value of the UK grocery market in the next five years<p>The value of the UK food and grocery market is to soar by a fifth to a record £206bn by 2018, according to new research, with online …

Morrisons supermarket reports fall in half-year profits

http://vod-pro-ww-live.akamaized.net/mps_h264_hi/public/news/business/1010000/1010015_h264_1500k.mp4?__gda__=1518239999_f1ef4152e8bab7998d3cabe8cff95d04<p><b>Morrisons, the UK's fourth largest supermarket chain, has reported a fall in half-year profits, citing "challenging" market conditions.</b><p>Pre-tax …

Is McDonald's Losing Its Competitive Edge?

Anyone who has closely followed McDonald’s stock in the last twelve months will probably have noticed that it has been lagging behind the overall market—a sharp contrast with the past ten years when the stock outperformed the overall market by a wide margin.<p>Is the lag in McDonald’s stock just an …

Keller Rinaudo: A mini robot -- powered by your phone

Bill Gates: Teachers need real feedback

Grit: the power of passion and perseverance | Angela Lee Duckworth

Sergey Brin: Why Google Glass?

How books can open your mind | Lisa Bu

The astounding athletic power of quadcopters | Raffaello D'Andrea

Rodney Brooks: Why we will rely on robots

Juliana Rotich: Meet BRCK, Internet access built for Africa

What will future jobs look like? | Andrew McAfee

Joel Selanikio: The surprising seeds of a big-data revolution in healthcare

Jinha Lee: Reach into the computer and grab a pixel

Michael Green: Why we should build wooden skyscrapers

A promising test for pancreatic cancer ... from a teenager | Jack Andraka

Two young scientists break down plastics with bacteria

Peter van Manen: How can Formula 1 racing help ... babies?