News The eye of the storm: Speakes in the White House in 1982

An assassination attempt plunged Larry Speakes into the brightest of national spotlights as chief spokesman for President Ronald Reagan. When Reagan’s press secretary James Brady was severely wounded in the 1981 attempt on the president’s life, Speakes was thrust into the eye of the storm. As White House spokesman for six years, a long tenure in the sensitive post, he was credited with 2,000 news media briefings.

Jim Armitage: Sports Direct revives its spivvy image

Mike Ashley will be feeling very clever.

Market Report: BAE lifted by hopes more deals are in air

Jet makers were yesterday fighting to show what lucrative contracts they are close to securing at the Paris Air Show, and punters flew in to BAE Systems on hopes it is close to agreeing long-awaited Middle Eastern deals.

Struggling Man Group hires KPMG to review its governance

Man Group, the troubled hedge fund that started life supplying rum to the Royal Navy in the 1780s, has asked KPMG to sort out its governance after a shareholder revolt last year.

Banker who jumped from rooftop London restaurant was under 'enormous amount of pressure' in his job

A banker jumped to his death from a rooftop London restaurant after coming under “an enormous amount of pressure” in his job, an inquest heard today.

Banks pitch for broker role with North Sea oil explorer Cairn Energy

Goldman Sachs and JP Morgan are among the big names pitching for a key advisory role with Cairn Energy, the Edinburgh-based group that explores for oil from the North Sea to Kathmandu.

Market Report: Miner Talvivaara is in a hole over debt

Although Talvivaara has plugged the leak in its nickel mine, it now might need to plug a gap in its finances. The miner's shares sank more than 30 per cent when it revealed the leak in a gypsum pond at its mine at Sotkamo in eastern Finland on 4 November. Production was halted and the likely financial impact to correct the damage to the environment caused investors to bail out.

BT in £64m offer for Tikit

BT has agreed to pay £64.2m for Tikit, an IT group that mainly works with law and accountancy firms.

Market Report: Vedanta dives after Cairn India boss exit

Investors in Vedanta Resources were bidding farewell to the boss of a major unit yesterday. Eight months since the miner took control of Cairn India in a deal worth $8.7bn (£5.6bn), the Square Mile was in for a shock after the well-regarded boss of the oil and gas company announced he was resigning.

Bank of America back on track after cost cuts

Bank of America, the US financial giant that twice had to be bailed out by American taxpayers, yesterday claimed it was firmly back on the road to health, thanks to several rounds of vicious cost-cutting by Brian Moynihan, its chief executive.

The Plankbridge shepherd's hut

Sheditecture: designer gardens make their mark at Chelsea

People really are going to work in the garden. This year’s Chelsea Flower Show not only inspired gardeners, it inspired homeworkers too

Market Report: Man's fall towards Footsie relegation is halted

Fans of Man Group have been rather conspicuous by their absence recently. The hedge fund giant has suffered a dramatic fall from grace, with the stock losing a third of its value in a month, meaning its share price is now three-quarters lower than in 2009.

Biggest scalp in purge and the other culprits

Ian Hannam is by far the Financial Services Authority's biggest scalp in the recent flurry of prosecutions on disclosing inside information.

Morrisons 'unlikely' to hit profit forecasts for this year

Morrisons will unveil an expansion of its fledgling convenience stores and online non-food lines on Thursday when it posts a rise in full-year underlying profits.

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