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Tesco boss Ken Murphy took £1m pay rise in grocer’s bumper year
Ken Murphy, the boss of Tesco, took a more-than £1m pay rise this year, bringing his total pay packet to £10.8m in the year the grocer solidified its dominant position in the market. The chief executive of the supermarket giant’s total pay packet for the 2025/26 year included £1.5m in basic pay, a £3.4m bonus and a £5.7m long-term bonus which included shares in the company. The FTSE 100 grocer outperformed market expectations last month when it declared a bumper nine per cent profit jump to...
SocGen Says 'Unhinged' Yields Pose Early Test for Warsh
Treasury yields are starting to become "unhinged,'' which will be a challenge for incoming Federal Reserve Chair Kevin Warsh, according to Subadra Rajappa, the head of research for Societe Generale Americas. She speaks with Jonathan Ferro and Lisa Abramowicz on Bloomberg Television's "Surveillance.'' (Source: Bloomberg)
Why “Accuracy First, Speed Second” Is A Model Every Company Should Embrace
BusinessWhy “Accuracy First, Speed Second” Is A Model Every Company Should EmbraceByRick Tollakson,Forbes Books Author.for Forbes BooksAUTHOR POSTExpertise and opinions of authors published by ForbesBooks. Imprint operated under license. | Paid ProgramMay 15, 2026, 09:57am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.After accuracy is locked in, you can focus on speed.gettyA garage door is the kind of feature nobody not...
Has M&S fully recovered from the impact of its cyber-attack?
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First major aircraft deal in years! Trump says China to buy over 200 Boeing jets
China has agreed to purchase over 200 Boeing aircraft. This deal could expand to 750 planes. The agreement follows President Donald Trump's visit to China and meeting with President Xi Jinping. This marks a significant order for Boeing. GE Aerospace will supply the engines. The deal is important for China's aviation expansion.
Key points from the Donald Trump-Xi Jinping summit – video analysis
After a much-hyped US-China summit, the leaders of the world’s two biggest powers made no real breakthroughs on big issues, such as Iran, Taiwan and trade. The Guardian's senior China correspondent, Amy Hawkins, breaks down how Donald Trump and Xi Jinping focused on growing their personal rapport insteadTrump leaves China without breakthroughs on Iran, Taiwan or AI Continue reading...
Tesco boss rings up £10.8 million in bumper pay and bonuses
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Here’s How A Typical Bag Of Groceries In 2020 Costs Over 50% More Today
BreakingBusinessHere’s How A Typical Bag Of Groceries In 2020 Costs Over 50% More TodayByTy Roush,Forbes Staff. Ty Roush is a breaking news reporter based in New York City.Follow AuthorMay 15, 2026, 09:31am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplineThe price of a basic grocery basket featuring common items like eggs, milk and ground beef has far outpaced inflation since it first surged during the pandemic—a wh...
Thiel-Backed Erebor Offers Venezuela Unlikely Banking Lifeline
Peter Thiel-backed startup Erebor Bank has pitched itself to top Venezuelan officials on restoring the sanctioned country’s access to the US financial system, an unexpected play by a new firm that’s stepping into a politically sensitive market many global banks still avoid.
Gold chain snatched from Bihar MLA Rahul Kumar’s brother during morning walk; watch
In a shocking midday heist, two masked individuals on a motorcycle swiftly snatched a gold necklace valued at around Rs 3 lakh from Rohit Kumar, the sibling of Jehanabad's MLA Rahul Kumar, in the bustling Kankarbagh area of Patna.
Petrol, diesel price: Why were fuel rates raised now & are more hikes coming?
India has kept its petrol and diesel prices unchanged for four years now - ever since the Russia-Ukraine conflict. But the rising global oil prices, past the $100 per barrel mark has made the math unsustainable for oil marketing companies.
Pound heads for worst week in 18 months as Burnham lines up Labour bid
UK government borrowing costs jump amid political uncertainty and oil price rise that fuelled inflation worriesBusiness live – latest updatesThe pound was heading for its worst week in 18 months on Friday as City traders anticipated that the UK prime minister, Keir Starmer, could face a challenge from the Manchester mayor, Andy Burnham, later this year.After days of uncertainty over Starmer’s future, sterling dropped by almost three cents, or 2%, during the week to $1.336 on Friday, a five-week...
Championship clubs vote to replace PSR with squad cost ratio financial rules
Championship clubs have voted to introduce a squad-cost ratio (SCR) regime from next season, in a move that brings their approach to financial regulation in line with the Premier League’s.The new system, which limits clubs to spending a maximum of 85 per cent of their revenues on their first-team squads, will replace the profitability and sustainability rules (PSR) that have been in place since 2017.Advertisement
Garrick Higgo Given Penalty For Being Late To Tee At PGA Championship
BusinessSportsMoneyGarrick Higgo Given Penalty For Being Late To Tee At PGA ChampionshipByZach Schenfisch,Contributor.Forbes contributors publish independent expert analyses and insights. Zach is a writer who covers pro golf and golf travel.for Break80Follow AuthorMay 15, 2026, 09:04am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.CHARLOTTE, NORTH CAROLINA - MAY 15: Garrick Higgo of South Africa looks on while playing th...
Buying AI Without Regret: How Leaders Should Evaluate Enterprise AI Investments
InnovationBuying AI Without Regret: How Leaders Should Evaluate Enterprise AI InvestmentsByEilon Reshef,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 15, 2026, 09:00am EDTEilon Reshef, cofounder and CPO of Gong, is a seasoned entrepreneur, executive and investor in the internet and software spaces. gettyThe market for enterprise AI software ha...
Meridian Ventures launched $35M fund to back MBA-deferred founders
Meridian Ventures, the venture firm founded by Devon Gethers and Karlton Haney, announced on Friday the raise of a $35 million second fund to back pre-seed and seed-stage companies founded by those who have deferred MBAs.
From Team Reeves to Manchesterism: Labour’s four economic camps explained
Wes Streeting or Andy Burnham could launch a leadership bid – here are policies from which they could chooseWes Streeting may not have launched a leadership challenge against Keir Starmer, but he has called for a “battle of ideas” about the government’s future direction.When it comes to economic policy, there are (at least) four overlapping Labour camps, which have recently generated a flurry of policies from which the leadership contenders could choose. Here we run through the main ideas behind...
John Lewis starts major change at 32 branches with first three this month
The rollout will be complete by the end of 2027
Zillow CEO Jeremy Wacksman is preparing for the next revolution in real estate
CEO InterviewsZillow CEO Jeremy Wacksman is preparing for the next revolution in real estate“AI can be used for great things, but it could also be used to misrepresent what a house looks like or what a listing photo looks like,” he said.Listen to this article with a free account00:0000:00Add NBC News to GoogleCEO of Zillow Shares an Inside Look at the 2026 Housing Market05:00Get more newsLiveonShareAdd NBC News to GoogleMay 15, 2026, 8:48 AM EDTBy Jason Abbruzzese and Christine RomansA list of a...
Healthcare's Program.md
InnovationHealthcare's Program.mdByUrvish Parikh,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 15, 2026, 08:45am EDTUrvish Parikh is the co-founder and CTO of Nirvana. gettyThe eligibility check runs in under two seconds. It returns either a code that unlocks care or one that doesn't. The payer sends the response. The system logs it. The provid...