Business News
-
Failing water sector needs stronger regulation, says damning review
by BBC News on June 3, 2025
The Water Commission finds "deep-rooted, systemic and interlocking failures" in the water sector.
-
North Face and Cartier customer data stolen in cyber attacks
by BBC News on June 3, 2025
They are the latest in a string of high-profile companies publicly reporting being hacked.
-
Trump tariffs will hurt global growth, OECD warns
by BBC News on June 3, 2025
The influential policy group lowers its forecast for the world's economy due to US trade barriers.
-
Thames Water's future in doubt after investor pulls out
by BBC News on June 3, 2025
The setback increases the possibility that the company will collapse into a government supervised administration.
-
TikTok Shop food listings 'putting people at risk'
by BBC News on June 3, 2025
The BBC finds food listed on TikTok shop without ingredient and allergen information.
-
Tesla is 'not interested' in producing cars in India - minister
by BBC News on June 3, 2025
This is the first time India has publicly admitted that it has not been able to lure investment dollars from Musk.
-
'Apprehensive' over future in Guernsey
by BBC News on June 3, 2025
A study by the Guernsey Community Foundation finds young people are being driven away by high costs.
-
What We Can Learn About Xi’s Rule by Studying His Father’s Life
by Li Yuan (NYT > Business) on June 3, 2025
Xi Zhongxun was purged by the Communist Party he served and went on to help reform Chinese politics. His son is the most authoritarian leader since Mao.
-
Elon Musk Returns to His Tech Empire, Facing Questions of Inattention
by Ryan Mac, Kate Conger and Rebecca F. Elliott (NYT > Business) on June 3, 2025
As Mr. Musk steps away from Washington, he faces concerns over his prolonged absence from his businesses including Tesla, SpaceX, xAI and X.
-
UK threatens to sue Abramovich over Chelsea sale
by BBC News on June 3, 2025
The proceeds have been frozen since the UK government forced the club's sale following Russia's invasion of Ukraine.
-
Disney makes hundreds more layoffs as it cuts costs
by BBC News on June 3, 2025
The media giant has been under pressure as viewers move away from cable TV to streaming platforms.
-
China Rejects Trump’s Accusation That It Violated Trade Truce
by Daisuke Wakabayashi (NYT > Business) on June 3, 2025
In response to President Trump’s claim, China said the United States was the one introducing a series of “discriminatory restrictive measures.”
-
The British jet engine that failed in the 'Valley of Death'
by BBC News on June 2, 2025
Workers at Reaction Engines felt they were close to completing a revolutionary jet engine.
-
The C.E.O. Other C.E.O.s Turn to for Advice
by Jordyn Holman (NYT > Business) on June 2, 2025
Steve Stoute’s role at the intersection of business and popular culture has made him a lot of high-powered friends.
-
As Courts Call Tariffs Into Question, Trump Again Turns to His Favorite Tool
by Ana Swanson and Tony Romm (NYT > Business) on June 2, 2025
The president is set to raise tariffs on steel and aluminum this week, even as the courts are challenging the legitimacy of other levies.
-
How ‘Lilo & Stitch’ Became One of the Most Profitable Movies in Years
by Brooks Barnes (NYT > Business) on June 2, 2025
The film was originally aimed for Disney+. But it was rerouted to a theatrical release and is on a pace for at least $950 million in ticket sales.
-
U.S. Dependence on China for Rare Earth Magnets Is Causing Shortages
by Keith Bradsher (NYT > Business) on June 2, 2025
The United States allowed its rare earth metals industry to move to China and could now face severe economic disruption as China limits crucial supplies.
-
Consumers Are Financing Their Groceries. What Does It Say About the Economy?
by Julie Creswell (NYT > Business) on June 2, 2025
Increased use of “buy now, pay later” loans may signal shifting consumer habits, but could also be a troubling sign of financial stress.
-
Economists Question G.O.P. Bill: Why Increase the Deficit in Good Times?
by Ben Casselman and Colby Smith (NYT > Business) on June 2, 2025
Huge deficits are already making bond investors nervous. Economists warn that could make it harder to respond to future crises.
-
M&S boss's pay hit £7m before cyber attack chaos
by BBC News on June 2, 2025
Stuart Machin's money is not affected by the IT disruption but it will be considered for next year's pay.
-
Companies Rely on Delaware Courts. Lawyers Reap Huge Fees There.
by Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced and Danielle Kaye (NYT > Business) on June 2, 2025
A new study found that courts in the state, where many big companies reside, often cleared big payouts to lawyers. It may further embolden the state’s critics.
-
Quicker flights promised in flight path shake-up
by BBC News on June 2, 2025
Ministers say the plans could allow planes to climb more quickly during take off and descend more smoothly.
-
Why a Utah Chalet Is the Perfect Setting for the Ultra Wealthy in ‘Mountainhead’
by Calum Marsh (NYT > Business) on June 2, 2025
In HBO’s “Mountainhead,” the “Succession” creator Jesse Armstrong uses subtle status symbols — and a secluded $65 million ski chalet — to convey hierarchy among the 0.001 percent.
-
Jonathan Anderson makes history as Dior's new creative director
by BBC News on June 2, 2025
Designer Jonathan Anderson is the first person to head both the men's and women's collections at the French fashion house.
-
How can working parents get 15 and 30 hours of free childcare?
by BBC News on June 2, 2025
Childcare support for working parents varies across the UK, depending on the child's age.
-
First-time buyers typically borrowing for 31 years
by BBC News on June 2, 2025
Mortgage lengths have stayed above 30 years despite some falls in interest rates.
-
First-time buyers typically borrowing for 31 years
by BBC News on June 2, 2025
Mortgage lengths have stayed above 30 years despite some falls in interest rates.
-
A Peach and Apple Farmer’s Uphill Quest to Feed Poor Families, and His Own
by Elizabeth Williamson and Julia Rendleman (NYT > Business) on June 2, 2025
When the Trump administration slashed a successful food aid program, Austin Flamm set out to put politics aside. “Everybody needs a meal,’’ he said.
-
Are A.I. Data Centers a Sure Thing or the Next Real Estate Bubble?
by Maureen Farrell (NYT > Business) on June 2, 2025
Private equity firms like Blackstone are using their clients’ money to buy and build data centers to fuel the artificial intelligence boom.
-
Government AI copyright plan suffers fourth House of Lords defeat
by BBC News on June 2, 2025
The bitter row over how to protect artists in the artificial intelligence age returns to the Lords.
-
Panorama
by BBC News on June 2, 2025
Ros Atkins sets out to discover the truth about how our money is spent
-
China says US has 'severely violated' tariffs truce
by BBC News on June 2, 2025
The comments come after Trump said on Friday that China had "totally violated its agreement with us".
-
Oreo Maker Mondelez Sues Aldi Over Look-Alike Product Packaging
by Talya Minsberg (NYT > Business) on June 1, 2025
Mondelez International, a corporate giant behind the name-brand versions of many snacks, contends that Aldi is mimicking its packaging to dupe customers.
-
How Chain Restaurants Like Chili’s Suddenly Became Cool Again
by Jordan Winters (NYT > Business) on June 1, 2025
Many casual dining restaurants whose heydays were thought past are attracting younger customers charmed by memories of family meals and stability.
-
Stanley Fischer, Who Helped Defuse Financial Crises, Dies at 81
by James R. Hagerty (NYT > Business) on June 1, 2025
He was the No. 2 at the Federal Reserve and the I.M.F. during periods of economic turmoil, and he mentored future economic leaders, like Ben Bernanke.
-
IFS says tough public spending choices unavoidable
by BBC News on June 1, 2025
With the NHS and defence getting more funding, cuts to other areas are inevitable, the influential think tank says.
-
F.D.A. Warns of High Risk of Illness or Death in Update of Tomato Recall
by Aishvarya Kavi (NYT > Business) on June 1, 2025
The recall of tomatoes distributed in three southern states was upgraded to the most severe warning the agency issues.