M&T Bank’s chairman and chief executive officer, Robert Wilmers, died on Saturday night at home after nearly 35 years leading the Buffalo, New York-based company, the bank said on Sunday. Wilmers, 83, was succeeded by Robert Brady, the bank’s lead outside director…
Eric Schmidt will be stepping down as the executive chairman of Alphabet’s board of directors and transitioning to technical advisor, the company announced. He will continue to serve on the company’s board. Schmidt first joined Google as CEO in 2001, back when the company…
Apple is being sued after it admitted to slowing down older iPhone models to keep them running longer. On Wednesday, the U.S. technology giant said that it has algorithms in place to help keep an iPhone running at optimal performance if there is an older…
Korey Smith scored an injury-time winner as Championship side Bristol City stunned holders Manchester United to reach the semi-finals of the Carabao Cup. Smith’s turn and strike in the final minute of time added on booked a semi-final against Premier League leaders…
Birmingham will host the 2022 Commonwealth Games – the most expensive sports event to be staged in Britain since the London 2012 Olympics. The city’s was the only bid submitted to the Commonwealth Games Federation (CGF) by the deadline of 30 September,…
Venus Williams will not face charges over a crash that fatally injured a passenger in another car, police have confirmed. A report concludes that an unidentified third vehicle illegally cut off the tennis star as she tried to cross a busy six-lane…
The US has ruled that Canada’s Bombardier received government subsidies and sold C-Series jets below cost in the US, a step likely to lead to steep tariffs. The US Commerce Department investigated the aerospace firm’s US sales after a petition from rival…
Rolling Stone magazine is getting a new majority owner. Media investor Jay Penske said his firm Penske Media was purchasing a 51% stake in the publication from New York-based Wenner Media. The 50 year old magazine is best known for covering music…
Amazon has launched dozens of private-label brands — apparel, electronics, even baby wipes — in recent years. That effort is starting to show signs of growth. According to a new report by OneClickRetail, Amazon’s private-label brands have generated roughly $450 million in…
Bitcoin fell more than 10 per cent on Wednesday to a one-week low of $15,800 at cryptocurrency exchange Bitstamp, losing almost one- fifth of its value from a peak hit just three days ago. The digital currency has been sliding since it…
