REUTERS/Danish Siddiqui The shipping industry is taking a beating. As the Wall Street Journal reports, about 1,000 ships capable of hauling 52 million metric tons of cargo will be cut up and sold for scrap metal this year. Owners have only ordered 293 vessels this year through July — a stark decrease from 2010 to 2015 when […]

Deb Porter-Hayes The most expensive home currently for sale in the state of New Hampshire is actually three houses in one.  Owned by the family of Bob Bahre, the New Hampshire International Speedway founders who sold their stake in the company for $ 340 million in 2008, the property stretches over 16.5 acres on the […]

Chris Radburn / PA Archive/Press Association Images Prospective Labour candidate Caroline Flint. The next leader of Britain’s main opposition, the Labour party, is going be one of two women, according to bets at bookmaker Star Sports.  Speaking to Business Insider on Sunday, head of politics Jamie Loughead said that so much money has been flowing into bets for Jess […]

Senior traders at major banks including Citigroup, JPMorgan, Goldman Sachs, and Morgan Stanley are being asked to stay overnight in the office on Thursday as Britain votes on whether to “Remain” or “Leave” the European Union in the referendum, according to The Financial Times. “We have got an extra 30-40 people staggered across the night in […]

Larry Busacca/Getty Images for The New York Times Elon Musk. Tesla CEO Elon Musk suggests “fraudulent” complaints are being submitted to the US government about its Model S cars. The claim stems from a complaint about a Model S vehicle that reportedly had suspension trouble. The National Highway Transportation Safety Administration (NHTSA) got involved Thursday, […]

Parliament.tv Former BHS owner Dominic Chappell giving evidence to Parliament on Wednesday. The cast of characters involved in the inquiry into the collapse of BHS is getting more complicated than Game of Thrones. The UK parliament on Thursday wrote to a further 15 people asking them to give evidence to the inquiry into the collapse of […]

Hollis Johnson The view from the unfinished south face of 45 E. 22nd St., now the tallest building between Midtown and the Financial District. Bruce Eichner very much enjoys showing off his latest building. We’re in rarefied air, 777 feet above Manhattan’s Beaux-Arts Flatiron District — well higher than the golden tops of the Metropolitan […]

REUTERS/Stephane Mahe A protestors attends a demonstration to protest the government’s proposed labour law reforms in Nantes, France, May 26, 2016. Much of France has been brought to a standstill this week by protests, some violent, against President Francois Hollande’s new labour reforms, which make it easier for employers to hire and fire staff. Many […]

Getty Cara Delevingne was with Storm modelling agency up until summer 2015. Britain’s Competition and Markets Authority accused five of the country’s biggest modelling agencies of actions tantamount to market manipulation — collusion and price fixing. The CMA said in a statement that FM Models, Models 1, Premier, Storm and Viva, agreed “a common approach to pricing,” […]

REUTERS/Tyrone Siu The delay in JCDecaux’s “street furniture” advertising rollout made analysts nervous. Shares in outdoor advertising giant JCDecaux dropped by over 8% on Wednesday morning after it highlighted a delay in a key Transport For London (TFL) contract in its quarterly report. Also citing a “slowdown of the world economy,” the French company also predicted second quarter […]