former-cbs-boss-leslie-moonves-denied-120m-exit-pay

Former CBS boss Leslie Moonves denied $120m exit pay

Image copyright Getty Images Leslie Moonves, the former boss of CBS, will not receive a $120m (£95m) severance package after an inquiry into alleged sexual misconduct.The US broadcaster said it had found that were grounds to fire Mr Moonves "for cause" including his "willful and material misfeasance".Mr Moonves stepped down in September following fresh claims…
jaguar-land-rover-struggling-to-return-to-top-gear

Jaguar Land Rover struggling to return to top gear

Image copyright Getty Images Reports of a New Year jobs cull at Jaguar Land Rover (JRL) underline the scale of the challenge facing Britain's biggest carmaker.JLR has not confirmed the stories, which first appeared in the Financial Times. But, then again, it hasn't denied them either. According to JLR, speculation that up to 5,000 jobs…
student-loan-change-adds-12bn-to-deficit

Student loan change adds £12bn to deficit

Image copyright Getty Images A change in how student loans are recorded in the public finances will add £12bn to the deficit, after an Office for National Statistics ruling.The amount expected not to be repaid, which could be 45% of lending, will be reclassified as public spending.Student loans will now significantly push up the UK's…
energy-firms-sse-and-npower-scrap-merger-plan

Energy firms SSE and Npower scrap merger plan

Image copyright Getty Images Energy firm SSE has scrapped its plan to merge its retail business with rival Npower, blaming "very challenging market conditions".The deal would have created the UK's second-biggest energy supplier.The two said last month they would have to renegotiate the deal, which had been cleared by the regulator, because of the government's…
bloodhound-supersonic-car-project-saved

Bloodhound supersonic car project saved

Media playback is unsupported on your device Media captionThe Bloodhound car was tested in Newquay, Cornwall, last yearA 1,000mph race car project has been saved after an entrepreneur stepped in to buy the business.The Bloodhound supersonic vehicle - built with a jet engine bolted to a rocket - is all but finished.Its future was in…
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'I gave myself two weeks to come up with a business idea'

Image copyright STEPHANIE HALLER Image caption Payal Kadakia got inspiration from struggling to book a ballet class for herself The BBC's weekly The Boss series profiles a different business leader from around the world. This week we speak to Payal Kadakia, founder of fitness class booking website ClassPass.Could you come up with a strong idea…