Tesco to raise wages by 5% but scrap Sunday bonus
The supermarket chain follows other major retailers in raising pay
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GM recalls more than 90K vehicles over transmission issue
General Motors is recalling more than 90,000 vehicles in response to a potential issue that could lead to an increased risk of a crash.
Intel rockets 8% on talk of new CEO's AI chip strategy
Intel’s ( INTC ) next chief executive isn’t formally due for work until Tuesday , but there’s already talk of an artificial intelligence-strategy revamp under Lip-Bu Tan. Read more...
The cost of GLP-1s needs to come way down for benefits to be worth it, study says
While weight-loss drugs like Zepbound ( LLY ) and Wegovy ( NVO ) offer significant health benefits, their high costs make them economically inefficient under current U.S. healthcare standards, according to a new study published Friday in JAMA Health Forum. Read more...
LA Times hit with $24M lawsuit for allegedly failing to pay rent, leaving printing plant covered in ‘toxic ink stains’
Real estate developer Alameda claimed bio-tech entrepreneur Patrick Soon-Shiong and lease guarantor NantMedia breached the rental contract for the Olympic plant in Downtown LA, which the Times left last March.
Temu and Shein aim for U.S. market supremacy, challenging Amazon's hold
Temu and Shein, two Chinese fast-fashion giants, are determined to increase their dominance in the U.S. market, challenging Amazon’s efforts to capture a share of the budget-friendly e-commerce space. Read more...
DraftKings CEO says he's not making decisions based on their stock price, but looks at it every day
Read more...
Quantum computing stocks climb ahead of Nvidia's first 'Quantum Day'
Quantum Computing ( QUBT ) and D-Wave Quantum ( QBTS ) saw shares surge on Monday ahead of Nvidia’s ( NVDA ) GPU Technology Conference. Read more...
U.S. consumers keep the economy afloat as businesses scramble on tariffs
The U.S. consumer is holding up pretty well even as businesses scramble to adjust to Donald Trump’s trade war, economic indicators are showing. This is helping to support stock prices — especially on days when the president doesn’t mention tariffs. Read more...
Apple’s Siri boss admits to ‘ugly’ and embarassing AI delays during all-hands meeting: report
Apple is scrambling internally to address embarrassing errors and delays related to a planned AI overhaul of its Siri digital assistant – with the boss of the team reportedly referring to the postponed rollout as “ugly.”
What are PIP disability payments and why could they change?
The Personal Independence Payment is a benefit that helps cover the extra costs of long-term health conditions.
Forever 21 goes belly-up and will shutter all US stores, blames Temu and Shein
The retailer's operating company is set to shut down all US operations, with liquidation sales already underway at more than 350 locations. The company said it remains open to potential buyers willing to acquire its inventory and keep the stores running, according to court
Intel’s new CEO Lip-Bu Tan wants to revamp chipmaking, cut jobs: report
Lip-Bu Tan, a former member of Intel's board and a vocal critic of former CEO Pat Gelsinger, will be taking the helm on Tuesday.
Amazon's super-cheap Haul is struggling to keep up with Temu and Shein
Amazon’s ( AMZN ) Haul, the retail giant’s attempt at offering low-cost products, has yet to capture the attention of U.S. consumers in the way it bargained for. Read more...
What it costs to buy a house in the 15 fastest-growing states in America
Experts expect that the American housing market will remain largely stagnant in 2025 due to high interest rates and a limited supply of affordable housing. Read more...
Egg smuggling from Mexico surges as prices in parts of US hit $10 per dozen
CBP is reporting a 36% nationwide increase in egg interceptions this fiscal year -- with certain border regions in Texas experiencing a 54% spike.
Another bank takes a knife to its S&P 500 forecast
RBC Capital Markets ( RY ) is the latest investment bank to take a knife to its S&P 500 forecast, cutting its year-end target for the index by 400 points to 6,200, following similar actions by Goldman Sachs ( GS ) and Yardeni Research. Read more...
8 underused Amazon Alexa features you should know about
Amazon’s ( AMZN ) popular virtual assistant Alexa has many tricks up its sleeve. Although everyone is familiar enough with its ability to play music, set up a timer or answer questions, Alexa has many more features. Here are eight underused ones you should know about. Read
Is a recession coming? Here's what Trump, Elon Musk and the president's allies are saying
As Wall Street grapples with the increasing likelihood of a U.S. recession , the Trump administration has gone to bat defending President Donald Trump’s stock market-slamming trade policies . Read more...
PepsiCo buying prebiotic soda brand Poppi for nearly $2B as soft drink demand fizzles
Prebiotic sodas have become a top-growing category in the US within the carbonated drinks segment.
Bank of America tightens oversight of junior bankers’ work hours after death of Leo Lukenas
Senior bankers at the company now have the responsibility to make sure that their junior colleagues are not weighed down by excessive time demands
Trader Joe's is recalling over 60,000 bottles of sparkling water
Trader Joe’s has issued a multistate recall of over 61,000 bottles of Gerolsteiner Sparkling water due to a potential safety risk. Read more...
Nvidia's next big moment is coming. Here's what analysts are saying
Nvidia ( NVDA ) will unveil more about its next artificial intelligence chips at its annual GPU Technology Conference this week, which some analysts think will be a “catalyst” for the company. Read more...
Telegram CEO Pavel Durov back in Dubai after Paris arrest over criminal activity on app
Telegram founder Pavel Durov – who left his native Russia years ago after tangling with the Kremlin over free speech – was arrested last August and banned from leaving France.
Voice of America goes silent as Trump signs executive order gutting network’s parent agency
Over 1,000 full-time employees from Voice of America and the Office for Cuba Broadcasting, which operates Radio and Television Martí, were impacted.
Hedge fund millionaire banned by City watchdog
Crispin Odey has also been fined £1.8m by the Financial Conduct Authority for a "lack of integrity".
From Hooters to Waffle House, the 10 restaurant chains seeing the biggest price increases
Food prices at casual dining chains have surged in recent years, far outpacing the national inflation rate. Read more...
Cloudflare is already selling security tools for the quantum computing era
Mainstream quantum computing might be closer than you think, and that makes it a “looming problem” for privacy, according to network services and cybersecurity company Cloudflare ( NET ). Read more...
Trump's 'tit-for-tat' trade war with Europe threatens $9.5 trillion worth of business
The U.S. tariff spats with Europe threaten some $9.5 trillion worth of trading each year, according to the American Chamber of Commerce to the EU. Read more...
Nvidia, Netflix, Berkshire Hathaway, Baidu, Incyte, NCL, Affirm: Stocks to watch today
The S&P 500 and Dow Jones Industrial indexes edged higher on Monday after February retail sales missed expectations, but didn’t show a collapse in consumer demand. The Nasdaq Composite edged lower. Read more...
The Boeing Starliner astronauts are finally coming home.
Four astronauts arrived at the International Space Station on Sunday, paving the way for Barry “Butch” Wilmore and Sunita “Suni” Williams to finally come home after being stuck in space for more than nine months. Read more...
Former betting boss says online slot machines need to be slowed down
Stewart Kenny thinks plans to limit stakes for online slots don’t go far enough and games must be slowed down.
Thames Water's £3bn rescue deal cleared by court
The funding allows the company to continue operating and attempt to restructure its massive debt pile.
Trade turmoil forecast to slash growth in Canada and Mexico
Trump's tariffs will hit its biggest steel trading partners' economies the most, the OECD predicts.
Bitcoin, BNB, XRP, and more cryptocurrencies to watch this week
Even with friends in high places, crypto’s instability is showing as investors respond to President Donald Trump’s trade war and reports of deal talks between Binance U.S. and the Trump family. Amidst the market chaos tariffs have wrought , here are some cryptocurrencies to
Congress should ‘drop the hammer’ on Meta over whistleblower claims about China: tech watchdogs
Congress should “drop the hammer” on Meta after a whistleblower detailed the major lengths that Mark Zuckerberg allegedly took to get his apps unbanned in China – including clamping down on a prominent Beijing dissident, according to prominent tech watchdogs.
Trump's trade war tariffs are just part of a bigger fight
In the first few weeks of his second administration, President Donald Trump has followed through — then pulled back — on tariff threats, sending stocks tumbling into correction territory . Read more...
The women scientists Nvidia has named its chips after
All eyes will be on Nvidia’s ( NVDA ) annual GPU Technology Conference next week where it will unveil its next-generation artificial intelligence chip platform, Vera Rubin. Read more...
The weight loss drug shortage is over — and some patients are 'panicking'
For Maria Rising, managing her health felt like chasing a phantom. The 30-year-old Lansing, Mich. consultant has for years battled polycystic ovary syndrome (PCOS) — a hormonal disorder that can cause weight fluctuations, insulin resistance, and in some cases debilitating
The 10 most talked about restaurants on social media
When Gen Z entered adult life, as consumers and workers, they did so under once-in-a-lifetime circumstances: the COVID-19 pandemic had completely shut down the world, leaving a cohort of teens and twenty-somethings to communicate and engage with businesses through the online
An airline built a hotel. It crashed and burned
A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to exclusive newsletters and more. Sign up here . Read more...
Forever 21 files for bankruptcy in the US
US stores will remain open as Forever 21's operating company "begins its process of "winding down".
£100k home insurance quote leaves couple baffled
The Cunninghams paid £580 to insure their bungalow last year, so they were shocked by their new premium.
Labour's plan for benefits throws up a bigger dilemma
The debate has sparked a wider dilemma about the broader purpose of welfare
Grangemouth: A new dawn for the home of UK's oldest oil refinery?
Its history was built on fossil fuels - but now the site's future depends on its reinvention as a green energy industrial hub.
Small electric cars were said to be the future – but SUVs now rule the road
Despite dire predictions of climate breakdown, more Sports Utility Vehicles are being spotted on, and off, the roads.
'I'm a little angry': Canadian firms boycott US products
Canadian firms say there is a need for more homegrown production after tariffs imposed by the US sparked a trade war.
'Too much bureaucracy,' Reeves tells regulators
The chancellor wants to cut red tape to boost growth, but critics say there is no plan.
Trump moves to close down Voice of America
More than 1,300 staff placed on administrative leave as White House accuses VOA of being anti-Trump, "radical" and "leftist".
Boeing lost trust of Americans, needs strict oversight, Transportation Sec. Duffy says
Duffy also said the Federal Aviation Administration is not yet ready to lift a 38-plane per month production cap on the 737 MAX.
