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Pret A Manger faces winding-up petition over unpaid debts

Castle Water, co-founded by Conservative Party treasurer Graham Edwards, has filed a winding-up petition against Pret A Manger for alleged unpaid bills below £1,500. Pret denies receiving correspondence from Castle Water and questions the validity of the debt.

Why the Streaming Wars Are Getting More Competitive

Streaming services like Netflix and Amazon are increasingly investing in live sports and events to prevent customer churn. With the NFL's TV rights deal expiring in 2028, streaming platforms may make a play for the lucrative sports market.

Hotel Tycoon Takes Out £6m Life Insurance Policy to Protect Fortune from Inheritance Tax Raid

British hotelier Steve Perez buys £6m life insurance policy to protect business empire from inheritance tax raid

Fed's Harker Sees No Need for Rate Change Now, Inflation Easing

Philadelphia Fed President Patrick Harker sees a strong US economy and no need for an interest rate change. He expects inflation to ease and the policy rate to decline over time.

Fed Governor Bowman Calls for Less Opacity, Updated Bank Oversight

Federal Reserve Governor Michelle Bowman calls for less opacity in bank oversight, review of current supervision, bank applications, and regulation, and a specialized resource for bank applicants. She also discusses monetary policy and the importance of a cautious approach.

Credit Card Debt and Car Loans: A Year-Round Struggle

Getting out of debt was once a New Year’s tradition. But that trend may be disappearing as Americans increasingly seek help with pricey car loans and ballooning card debt year-round.

The Bleak Future of Low-Cost Airlines

Low-cost airlines face an uncertain future as costs soar and passengers seek comfort. Despite mergers and cost-cutting efforts, the ultra-low-cost model is eroding, leading to stock underperformance and uncertainty for investors.

Netflix and Amazon Dominate Live Sports to Fight Churn

Netflix and Amazon are battling traditional TV players by offering live events and sports to prevent customer churn. The NFL could opt out of its TV rights deal, which could attract interest from the big-spending streaming platforms.

Conagra Cuts Profit, Margin Forecasts Again, Citing Supply, FX Headwinds

Conagra Brands cuts profit outlook again, citing supply issues and currency rates

Tequila industry bracing for Mexico-US trade war

Mexican tequila manufacturers face uncertainty as a potential 25% U.S. import tax looms, threatening their businesses and supply chains.