Category: Business

Epic Games said Wednesday it filed an antitrust complaint against Apple with European Union regulators, opening a new front in its war with the tech giant over app store payments. Epic, which makes the popular video game Fortnite, is locked Read more

Goldman Sachs boss David Solomon has rejected remote working as a “new normal” and labelled it an “aberration” instead. Mr Solomon said the investment bank had operated throughout 2020 with “less than 10% of our people” in the office. His Read more

Fast fashion chain Primark hopes to offload millions of pounds worth of last year’s clothing stock when its shops reopen in England on 12 April. The High Street giant does not offer online sales and says it expects to have Read more

Tabi Marsh has faced plenty of challenges running her cafe and gift shop, but the next few months could prove the last straw. In 2015 she had just installed a state-of-the-art coffee machine, and bought in stock of toys, candles Read more

American industry expanded for the fourth consecutive month in January but has yet to recover fully to the level of activity that preceded the pandemic. U.S. industrial production, which includes output factories, mines and utilities, rose 0.9% last month, the Read more

U.S. wholesale prices surged by a record 1.3% in January, led by big gains in health care and energy prices. The bigger-than-expected increase in the producer price index, which measures inflation pressures before they reach consumers, was the largest one-month Read more

Those $600 stimulus checks got Americans shopping again. After three months of declines, retail sales soared a seasonally adjusted 5.3% in January from the month before, the U.S. Commerce Department said Wednesday. It was the biggest increase since June and Read more