Today's letter from the Editor
Today's Matrices
iJobs Job Widget
iJobs General

Guru Careers: Software Developer / C# Developer

£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...

Guru Careers: Software Developer

£35 - 40k + Benefits: Guru Careers: We are seeking a Software Developer (JavaS...

SThree: Trainee Recruitment Consultant / Resourcer

£18000 - £23000 per annum + Commission: SThree: As a Trainee Recruitment Consu...

Ashdown Group: UI Developer - (UI, HTML, CSS, JavaScript, AngularJS)

£25000 - £40000 per annum: Ashdown Group: UI Developer - (UI, JavaScript, HTML...

The Business Matrix: Saturday 26 January 2013

Snow hits John Lewis's sales

John Lewis sounded the alarm bell for Britain's retailers when it warned that snow had hit sales. The department store said sales rose 6.7 per cent to £59.5m during the week ending 19 January. The previous week they had grown by 18.7 per cent. IHS Global Insight's Howard Archer said the data highlighted the "very real risk" that January's snow and ice could lead to the economy contracting in the first quarter of 2013.

Apple no longer No1 as stock falls

The stock market added insult to the deep wounds endured by Apple after it disappointed investors with its results this week, driving down its share price to the point where it lost its crown as the world's most valuable company. Apple's stock fell by around 2 per cent to $441.3 at one point in early trading yesterday. That gave the Californian tech giant a market capitalisation of $417bn, lower than Exxon Mobil.

Geithner: I won't lead Central Bank

Tim Geithner has had his fill of public office, with the outgoing US Treasury Secretary firmly ruling out the possibility that he could be lured back with the offer of Ben Bernanke's job when the central banker steps down as the head of the Federal Reserve. In an interview with Politico, Mr Geithner ruled out a move to the nation's central bank.

Goldman's boss defends tax ploy

Goldman Sachs' chief executive, Lloyd Blankfein, defended the investment bank's plans to defer bonuses to benefit from the looming cut in the top rate of income tax to 45p. Mr Blankfein dropped the plans in the face of public criticism, but told BBC Radio 4's Today that people should not be blamed for responding to incentives in the tax system.

Broker says share trading now stable

Stockbroker Charles Stanley said share trading volumes have stabilised, albeit at the reduced levels they crashed to a year ago. The broker said revenues in its third quarter to December had shot up by 13.5 per cent to £31.1m, but it pointed out that the comparison was with the same period in 2011, when share trading collapsed as investors fretted over the eurozone and the global economy.

Procter & Gamble cheers Wall Street

The consumer goods giant Procter & Gamble cheered Wall Street yesterday with evidence that the company's attempts to reignite growth by cutting costs and refocusing efforts on its position in developed markets were paying off. The business booked earnings of around $4.1bn in the three months to December, the second quarter of its 2013 fiscal year.

Latest stories from i100
Career Services

Day In a Page

Abuse - and the hell that came afterwards

Abuse - and the hell that follows

James Rhodes on the extraordinary legal battle to publish his memoir
Why we need a 'tranquility map' of England, according to campaigners

It's oh so quiet!

The case for a 'tranquility map' of England
'Timeless fashion': It may be a paradox, but the industry loves it

'Timeless fashion'

It may be a paradox, but the industry loves it
If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

Could have done with Osama bin Laden staying alive?

Robert Fisk on the Fountainheads of World Evil in 2011 - and 2015
New exhibition celebrates the evolution of swimwear

Evolution of swimwear

From bathing dresses in the twenties to modern bikinis
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine