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The Guardian - UK
Business
Business week in pictures
The World Bank has warned that the crisis in the eurozone will lead to a sharp slowdown in growth in rich and poor countries this year
and could spiral into a rerun of the 2008-09 recession
Photograph: Danish Siddiqui/Reuters
Kodak has filed for bankruptcy
in a bid to survive a liquidity crisis after years of falling sales related to the decline of its namesake film business as digital cameras have taken over the market
Photograph: Peter Kneffel/EPA
Bankers at Goldman Sachs have been accused of living in a parallel universe
after the Wall Street firm announced it had set aside £8bn to pay its staff in 2011 – an average of £238,000 each
Photograph: Brendan McDermid/Reuters
But
Fidelity, one of the biggest investors in the stock market, has spoken out against "over-generous" and "over-complex" boardroom pay
and called for shareholders to be given extra powers to vote down cash and share deals
Photograph: Kerim Okten/EPA
Fresh & Easy has been an expensive US road trip for Tesco
, with the chain racking up losses of £700m since the first stores opened in the autumn of 2007. To date Tesco has ploughed more than £1bn into establishing the US venture
Photograph: Damian Dovarganes)/AP
More than 100 stores once belonging to defunct high street retailer Woolworths still lie vacant three years after its collapse
, it has emerged. Some 13% of the 807 former Woolies stores are empty, compared with 30% a year ago, according to a report by the Local Data Company
Photograph: John Keates /Alamy
Growth in shale oil and gas supplies will make the US virtually self-sufficient in energy by 2030
, according to a BP report published on Wednesday. In a development with enormous geopolitical implications, the country's dependence on oil imports from potentially volatile countries in the Middle East and elsewhere would disappear, BP said, although Britain and western Europe would still need Gulf supplies
Photograph: Daniel Acker/Bloomberg via Getty Images
A series of strikes by workers at the consumer goods giant Unilever will start on Wednesday at several sites in a row over pensions
. Unions claimed the walkouts would hit production of brands including Persil, PG Tips, Marmite, Pot Noodle, Lynx, Flora and Wall's ice cream
Photograph: Christopher Thomond for the Guardian
Workers at John Lewis are unlikely to strike over terms and conditions
. Staff also receive employee perks – worth £70m this year – ranging from holiday homes to sailing clubs, theatre outings, theme park admissions, and even a choir, all subsidised. It also one of the dwindling number of companies to operate a final salary pension scheme which is funded entirely by the company
Photograph: Sarah Lee for the Guardian
Inflation fell at the fastest rate in three years in December
, to a six-month low of 4.2%, raising hopes that the squeeze on hard-pressed households' living standards will start to abate in 2012. Pictured: There has been a huge rise in scooter sales as commuters are hit by increased fuel and parking costs
Photograph: Matthew Lloyd/Getty Images
Unemployment across the economy rose by 118,000 in the three months to November, to 2.68 million
, the ONS said, in the latest sign that the UK slowed sharply in the autumn
Photograph: Matt Cardy/Getty Images
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Top stories on inkl right now
Mike Johnson refuses to condemn anti-Muslim comments by Republican lawmakers
Andy Ogles said Muslims do not belong in the US and Randy Fine made a comparison of Muslims to dogs
The Guardian - US
What to know about the Alabama man granted clemency two days before his execution
Alabama Gov. Kay Ivey has commuted the death sentence of a 75-year-old man who was set to be executed this week even though he was not in the building when the victim was killed during a 1991 robbery
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LA county reports first drop in deaths of unhoused people in a decade
Despite progress, 2024 data suggests an ongoing humanitarian disaster, with more than six unhoused people dying every day
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Report points to rotor problem in Arizona police helicopter crash that killed 2 during gunfight
A preliminary report points to a significant mechanical problem before a deadly police helicopter crash that happened during a shootout in Flagstaff, Arizona
The Independent UK
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Drunk mom left ‘crying’ daughter at Universal resort bar because she wanted to go to the club, police say
Police say they found a ‘visibly upset’ child alone at the bar
The Independent UK
Florida woman let her newborn drown in the toilet moments after she gave birth, cops say
The 20-year-old admitted that she had hoped the newborn would die, investigators say
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