Energy bills: ‘I don’t know who to trust’

Outfox the Market had to apologise late last year after it admitted sending annual bill forecasts that were 25% too high, as it introduced a winter/summer payment split. Winter likely to finish off some energy firms, analysts say Brilliant Energy becomes 10th energy firm to fail in a year The company is one of five new or smaller energy providers which have been given a customer service rating of less than two out of five by Citizens Advice in the final quarter of 2018. The others were Eversmart Energy, PFP Energy, Pure Planet and iSupply, although Pure Planet has argued that Citizens Advice’s scoring method is outdated and unfair. Gillian Guy, chief executive of Citizens Advice, said: “We have seen …

Boeing faces dual crises after crash and grounding

New York (CNN Business)Boeing has two tough problems to solve. The 737 Max jets are by far the most important product for the company. It has orders for nearly 5,000 of the jets, enough to keep production lines operating for years to come. But none of the 371 planes delivered so far can fly until aviation authorities around the world determine they are safe. Boeing (BA) spent three days after the crash insisting the plane was safe before conceding that the jets should be grounded out of “an abundance of caution and in order to reassure the flying public of the aircraft’s safety.” A search for crash causes The cause of the Ethiopian Airlines crash is still unclear. But it …

‘Like a ghost town’: how short-term rentals dim New Orleans legacy

As rentals with companies such as Airbnb proliferate in the area, raising rent and property taxes, officials are enacting laws to protect local residents New Orleans Treme is regarded as the nations American neighborhood, but some of its residents, like Darryl Durham, now say that legacy is fading quickly. In recent years, short-term rentals with companies such as Airbnb proliferated and now operate on about 45% of the Historic Faubourg Treme Districts parcels. Resulting rent rises and property taxes stemming from that have forced out many black families and residents, said Durham, a musician who has lived there since 2006. Now Treme moves in an unnatural rhythm. For about half of each week, the number of tourists drops and many …

Do supermarkets know more about us than we do?

Analysing the decisions we make in the supermarket can help us understand the choices we make in other areas of our lives. Shaped by our choices To explore shoppers’ decision-making, we collected more than a million till receipts from one of the UK’s major supermarket chains over several years. Unsurprisingly, we discovered that people’s purchases reveal what they value and what their aims are. These range from very specific goals such as making a stir-fry, to general goals such as reducing their overall spending. Image copyright Getty Images Human decision-making can sometimes be more logical, with takeaway food choices one example of this. A wide-ranging study looked at users of a popular food delivery app in 197 cities, to deduce …

No one needs access to driverless cars more than America’s poor | Ashley Nunes

Road crashes claim over 40,000 lives in the US annually, and the poor are more likely to die than those well-off Silicon Valley is pouring billions into robot cars. Soon although the time scale keeps shifting tech manufacturers say driverless cars will replace their traditional counterparts, car parks will become parks again and road fatalities will plummet. People have taking a deep look at the economics of driverless technology. Our conclusion? So-called robocars are unlikely to produce the societal changes tech companies are promising not because they dont work but because they will cost too much. Affordability is something self-driving enthusiasts often take for granted. They promote a future where sharing is caring. In this future, society is served by …

Women with Allergan breast implants may sue over cancer link

UK women claim they were not told enough about potential risk of rare breast cancer A group of more than 200 women are considering legal action over controversial breast implants that have been linked to a rare form of cancer. The women claim they were not sufficiently informed about the risks of textured Allergan implants, Women who have the implants and capsules removed can make a full recovery, but if left untreated the disease can spread throughout the body and become life-threatening. Last year, the British Association of Aesthetic Plastic Surgeons (Baaps) advised its members to stop using Allergan implants as a precaution, but said the scientific data did not suggest the need to remove or exchange any current implants. …

US and Canada are the only two nations still flying many Boeing 737 Max planes

(CNN)A raft of nations have temporarily suspended Boeing 737 Max flights after the fatal plane crash in Ethiopia but the United States and Canada are still flying a substantial number of those models. Before the EU’s announcement, nations like Australia, Austria, Belgium, France, Germany, Iceland, Ireland, Italy, Malaysia, the Netherlands, Oman, Singapore, Turkey and the United Kingdom announced their own bans on Tuesday. The UK, Oman, Singapore, Australia, Ireland and France and Norwegian Airlines suspended the whole Boeing 737 Max range. India, Dubai, China, Indonesia, Malaysia, Iceland, Germany and the airlines LOT Polish, TUI Airways, GOL Linhas Aereas, Aeromexico, Aerolíneas Argentinas, Cayman Airways, Comair Airways, Eastar Jet, Jet Airways, Mongolian Airlines, China Airlines, China Eastern, China Southern, Lion Air and …

Steve Forbes: US can beat China in 5G without becoming like China

The success of tech companies like Apple and Microsoft is emblematic of what American innovation and its competitive spirit can accomplish. The companies that have changed the world and kept America at the cutting edge have rarely if ever been the spawn of government. When politicians in Washington team up with special interests, it generally distorts competition and impedes groundbreaking innovation.

Snapchat always proved critics wrong. Then Evan Spiegel pushed for a redesign

Most CEOs would probably prefer not to overhaul their core businesses less than a year after an initial public offering. It’s a pivotal period when executives look to play up their company’s stability and growth to a world of potential new investors on Wall Street. Arlan Hamilton: She invests in tech founders others ignore. And it’s working Mary Barra: Her impatience could save GM. ‘Time is not our friend’ Read all 14 Risk Takers profiles The plan: separate content from friends and publishers — and celebrity users — while attracting new users by making the app easier to use. Spiegel said at the time that the move could be “disruptive” to Snap’s business. That proved to be an understatement. A …

Rupert Murdoch’s News Corp Australia calls for breakup of Google

Hong Kong (CNN Business)Rupert Murdoch’s Australian media company is calling for the breakup of Google, saying the US tech company wields too much power over news outlets and online advertisers. Google (GOOGL) has created an ecosystem where it can track people’s online behavior through a suite of products it owns, collecting a trove of user data that gives it an unfair advantage over competitors, according to News Corp Australia. Breaking up that ecosystem will “create a competitive market for search engines, mobile operating systems, internet browsers (and) the supply of digital advertising,” the company said. News Corp said any solution “must be bold,” because Google has a track record of “avoiding and undermining regulatory initiatives and ignoring private contractual arrangements.” …

From casinos to cannabis: the Native Americans embracing the pot revolution

The long read: Gambling transformed reservations 40 years ago, but often only enriched a few. Could the legal marijuana business prove more broadly beneficial? In February 2015, amid the cedar masks, canoe paddles and totem poles at the Tulalip Resort Casino north of Seattle, the talk was all about pot. Indian country had been abuzz about cannabis since the previous autumn, when the Justice Department had released a memorandum which seemed to open the way for tribal cannabis as a manifestation of tribal sovereignty. (I grew up Ojibwe on a reservation in Minnesota, and I use the word Indian to refer to indigenous people within the US. I also use indigenous, Native and American Indian. These terms have come in …

Topshop retail group explores restructuring

Arcadia said that it was issuing its statement in response to that media speculation, but made no mention about a CVA nor potential sales. “Within an exceptionally challenging retail market and given the continued pressures that are specific to the UK high street we are exploring several options to enable the business to operate in a more efficient manner,” Arcadia said. “None of the options being explored involve a significant number of redundancies or store closures. The business continues to operate as usual including all payments being made to suppliers as normal,” it added. Criticism CVA’s can be used to cut shop rent bills, and other costs, but they are controversial and when House of Fraser used the arrangement it …

The Boeing 737MAX Flies With American, United, And Southwest. Here’s How To Find Out If You’re Flying In One

On Sunday, Ethiopian Airlines Flight ET302 crash shortly after taking off from Addis Ababa Bole International Airport. The crashed killed all 157 passengers and crew on board the four-month-old plane. It’s the second nearly brand new Boeing 737MAX airliner in recently be involved in a fatal crash. In October, Lion Air Flight JT610 crashed in the Java Sea shortly after taking off from Jakarta, Indonesia, killing all 189 people on board. On Sunday, aviation regulators in China, Indonesia, and Ethiopia grounded all of their 737MAX aircraft. The aircraft’s major US operators, Southwest, American, and United have all told Business Insider that they stand by the safety and airworthiness of the jet. However, if you’re in the market for a flight …

Four Brexits and a Divorce: What do MPs want?

At this five minutes to midnight moment, the House of Commons is still thinking. PM to bring third Brexit deal vote to MPs Latest updates: Fallout from no-deal vote Brexitcast: Something has changed It’s been clear for two years what MPs do not want. Theresa May’s deal has now been rejected twice, while Labour’s plan for joining a customs union has never secured a majority. Most MPs did not want to leave the EU, but apart from a minority insisting another referendum is needed to break the stalemate, they are reconciled to leaving. The question is how? Image copyright UKParliament/Jessica Taylor Former Conservative chancellor Ken Clarke believes a Brexit that keeps the UK closer to the EU economically is the …

The EUs plan to rein in Facebook and Google will do exactly the opposite | Carlos Fernandes

The proposed shake-up to copyright law will only entrench the dominance of tech giants. There are other, better ways, says Carlos Fernandes The growth of the internet and user-generated content in the past 15 years has been underpinned by speed and ease of use. The foundations for this are commonly referred to as safe harbour provisions in copyright law. This means that organisations that allow users to upload content to their websites Wikipedia, YouTube, Facebook et al are not liable for copyright infringement of their users, but are required to speedily remove content after the fact, if a copyright makes a complaint. Now, through article 13 of its new copyright directive, the EU is curtailing these safe harbour provisions, and …

Glastonbury 2019: Killers and the Cure announced as final headliners

US rockers and goth indie heroes take main-stage honours alongside Stormzy, while Janet Jackson confirms first UK show in years the Cure have been announced as the final headliners of the 2019 Glastonbury festival. Brandon Flowers Vegas band will headline on the Saturday, and Robert Smith and co on the Sunday. They join the previously announced headliner Miley Cyrus, among others. Christine and the Queens returns for her second Glastonbury, having provided a flash of European optimism with her debut at the 2016 festival, the day after the UK voted to leave the EU. Quick guide Who runs the Glastonbury festival? Show Hide Who runs the Glastonbury festival? The first “Glastonbury festival” was staged by the then 34-year-old Photograph: Guy …