Business

Amazon boss Jeff Bezos and wife MacKenzie divorce

[ad_1] Image copyright Reuters Image caption The pair said that they had had a great life together Amazon CEO Jeff Bezos and his wife, MacKenzie, are to divorce after a 25-year marriage.The pair announced the move in a joint statement on Wednesday on Twitter."After a long period of loving exploration and trial separation, we have decided to divorce and continue our shared lives as friends," the couple said in the
Business

Samsung warns of profit drop as chip demand slows

[ad_1] Image copyright Getty Images Samsung Electronics expects to post a 29% drop in quarterly operating profit as demand for smartphones and memory chips slows. The firm forecasts operating earnings of 10.8 trillion Korean won ($9.7bn; £7.6bn) for the last three months of 2018. It marks the first quarterly profit drop in two years as strong demand for chips had boosted earnings at the firm.Samsung also faces fierce competition from
Business

The tech boss who smashed through barriers

[ad_1] Image copyright Neil G. Phillips The BBC's weekly The Boss series profiles a different business leader from around the world. This week we speak to Therese Tucker, founder and chief executive of US financial software business BlackLine.To set up and grow BlackLine Therese Tucker spent her retirement savings, maxed out her credit cards, and took out a second mortgage on her home.Meanwhile, two friends loaned her money so that
Business

Sunshine Saturday: How to get a good holiday deal on peak booking day

[ad_1] Image copyright Getty Images "Time to book somewhere hot," we hear you think. Well, it's certainly the weekend for it. Sunshine Saturday (that's today by the way) is expected to see more than double the amount of holiday bookings than any other day of the year.It's all a bit trickier this year though isn't it? The pound is worth even fewer euros and dollars, and as for Brexit... well,
Business

Labour shortages and slowing sales put squeeze on UK firms

[ad_1] Image copyright Getty Images Image caption Finding workers with the right skills is becoming increasingly difficult, according to the British Chambers of Commerce UK firms are being squeezed by labour shortages, rising prices and a slowdown in sales.More companies than ever before are finding it hard to recruit staff according to the British Chambers of Commerce (BCC).It warned that higher costs meant more manufacturers were expecting to raise prices.The
Business

You say you want a New Year’s resolution…?

[ad_1] Image copyright Getty Images Image caption This year I will... definitely not take up yoga New Year's Resolutions are, like rules, meant to be broken.Last year, about one in five people came up with some sort of resolve on 1 January, according to a poll by YouGov.However, separately it has also been claimed that most of us will have given up on them by 10 January.While most of those
Business

Why wealthy sports stars get passionate about charity

[ad_1] Media playback is unsupported on your device Media captionSpeaking ahead of his fight with Deontay Wilder, Tyson Fury said he wants to help homeless people by donating some of his prize moneyNew year, new ideas, time to broaden your horizons? For sporting stars, this might involve participating in a high-profile charitable campaign. After all, nothing announces your arrival as a sporting legend quite like attaching your name to a