Jim Taiclet spoke in earnings call as company expands contracts with the US government amid the Iran warLockheed Martin’s CEO has called the Trump administration a “golden opportunity” for the company as it expands its contracting work for the federal government amid the conflict in the Middle East.In an earnings call on Thursday covering the first quarter of 2026, Lockheed Martin CEO Jim Taiclet told investors that the company is well positioned “based on more available resources for us”. Continue reading...
Shopkeepers charged millions of pounds, including alleged £10,000 penalty for mistake that cost firm £7.08Vodafone incentivised its security staff to increase “clawbacks” levied on its own franchisees, as part of a programme that led to the telecoms group fining its own shopkeepers millions of pounds for seemingly small administrative errors.The policy – which included one alleged case of a £10,000 penalty for a franchisee whose mistake cost Vodafone £7.08 – involved setting “key performance indicators” (KPIs) for the telecoms group’s internal employees to collect total annual fines of £1.5m from the small business people running the FTSE 100 company’s high street stores. Continue reading...
Exclusive: Trips on Sydney’s key thoroughfares have fallen by thousands per day, according to government dataGet our breaking news email, free app or daily news podcastRoad traffic is falling on Australia’s east coast as fuel prices bite, with most key Sydney highways recording 20% fewer weekend trips.The number of trips recorded on Sydney’s key thoroughfares has fallen by thousands of trips a day, according to New South Wales government data shared exclusively with Guardian Australia. Continue reading...
Robert Allbritton’s Notus plans to double its newsroom staff, which includes hiring prominent ex-Post journalistsRobert Allbritton, the billionaire media entrepreneur, said he was “pained” by the Washington Post’s decision to lay off a large chunk of its newsroom in early February. But, he also saw it as an opportunity to hire some of the Post’s most well-known journalists, including many who would have been hard to poach in previous years.“Opportunity knocks, and you’re going to decide if you’re going to answer the door or not,” Allbritton, 57, said. “I’m always the one that says: ‘Look, if an opportunity like this comes up, you ought to go on ahead and see what you can do with it and take it on full throttle, because these things don’t come along very often.’” Continue reading...