Tag results for: Administration

Major bar chain falls into administration will hundreds of jobs lost – London Business News | Londonlovesbusiness.com

Revolution bar owner The Revel Collective has filed a notice of intention to appoint administrators and have appointed FTI Consulting. The popular bar chain will axe 591 jobs and...

Trump administration imposes a 25 percent tariff on high-end chips

President Trump has signed a proclamation imposing a 25 percent tariff on “certain advanced computing chips,” the White House has announced. As The New York Times notes, the...

TGI Friday’s closes 16 restaurants – London Business News | Londonlovesbusiness.com

TGI Fridays has closed 16 restaurants which has led to the loss of 456 jobs as the restaurant chain has entered administration. Liberty Bar and Restaurant Group, who runs...

Retail and London bear the brunt as business administrations remained high in 2025 – London Business News | Londonlovesbusiness.com

More than 1,600 UK businesses filed for administration in 2025 – a 5% decrease compared to last year – according to analysis by full-service law firm Shakespeare Martineau. However,...

NASA finally has a leader, but its future is no more certain

After a rudderless year and an exodus of around 4,000 employees due to Trump administration cuts, NASA got what may be its first piece of good news recently....

Major construction firm falls into administration amid ‘wider economic headwinds’ – London Business News | Londonlovesbusiness.com

A major construction firm has fallen into administration after trading since 1970, administrators blamed “wider economic headwinds” which is the primary reason for the collapse of the plant...

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Playdate games to check out before the Catalog’s 3-year anniversary sale ends

If your Playdate wishlist is anything like mine (endless), here's a good excuse to actually go ahead and free some of those games...

Adobe to offer users free services $75 million over hard-to-cancel subscription mess

Adobe has agreed to a $150 million settlement to resolve a U.S. government lawsuit that accused the company of making its subscriptions unnecessarily...

Samsung’s wireless power bank tries to fill the magnetic charging gap on the Galaxy S26

Samsung has launched its first magnetic wireless power bank. Dubbed the Magnet Wireless Battery Pack, the device is specifically designed to address the...

The hot AI video generator that got everyone talking may now take a while to arrive

One of the most talked-about AI video generators in recent weeks may not arrive as quickly as expected. According to a new report...

You will soon be able to talk extensively about your Garmin health data with an AI

Garmin smartwatch users may soon have a new way to understand their health and fitness data, simply by chatting with an AI. According...