I was once visiting Massachusetts in the US and forgot to take my card into the gas station before filling up (‘A guy did a runner in a Jaguar’: the petrol theft scandal – and the garage owner struggling to stop it, 21 July). After some loudspeaker remonstration, I took my card in, apologising that … Read more
Two tax tools, one big decision. For property investors hoping to make the most out of their purchase in the first year, the debate between bonus depreciation and Section 179 isn’t a toss-up, though plenty of people act like it is. Every tax season, somebody asks the classic question: Should you take a deduction all … Read more
Elliott Investment Management is reported to have built a stake of almost 5% in Bunzl, the London-listed distribution group, and is pressing the FTSE 100 company to buy back shares worth up to 10% of its market capitalisation within twelve months. The intervention, reported on 15 June, marks the latest UK target for the US … Read more
A convenience store worker was sacked after trying to tackle a woman who she suspected was shoplifting bacon. Eileen Fox said the suspected thief was “well known” in Bootle, Merseyside, and claimed she had been stealing from the shop for years. The 56-year-old described in a social media post how she “grabbed the sleeve of … Read more
A man has been jailed after defrauding more than 30 people out of more than £77,000 in a rental scam, police said. Frederic Priestley, 34, from Southwark, London, falsely advertised a property for rent on Facebook between April and September last year. He provided prospective renters with tenancy agreements and obtained deposits and rent payments, … Read more
A Yorkshire man has been sentenced to more than six years in jail after admitting encouraging a US citizen to kill themselves while on a video call. Dylan Phelan, 21, was sentenced on Friday at Leeds crown court after previously pleading guilty to intentionally doing an act that was capable of encouraging the suicide of … Read more
Federal Reserve policy under Kevin Warsh is becoming a fresh market test for Wall Street, with investors watching the June FOMC meeting for signals on rates, inflation and equity volatility. U.S. indexes have turned choppier, with the S&P 500 and Nasdaq lower from early June highs and the Cboe Volatility Index higher as markets reassess … Read more
For decades, video surveillance has been synonymous with security. Business owners installed cameras for one primary reason: to deter and capture evidence of criminal activity. While this remains a crucial function, modern video surveillance systems have evolved into something far more powerful. Thanks to advancements in artificial intelligence (AI) and machine learning, today’s cameras are … Read more
FS KKR Capital Corp, Blue Owl Capital and Oaktree Specialty Lending are facing renewed scrutiny after fresh data showed private credit dividends are becoming less securely covered by cash income across the listed BDC market. The pressure matters for CFOs and finance directors because business development companies have become an important channel between institutional capital, … Read more
SpaceX-linked leveraged ETF launches have been pushed back after the company’s record IPO, placing the SEC, Nasdaq, Cboe Global Markets and ProShares at the centre of a market-structure test around high-risk retail products. The delay affects asset managers seeking to offer amplified exposure to SpaceX shares immediately after the public debut, including Tradr ETFs, ProShares, … Read more