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Business

Target to layoff 1,000 and cut hundreds of open roles ahead of new CEO starting job

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Reddit sues Perplexity AI over ‘industrial-scale’ data scraping

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The Briefing Room

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Trump admin port tariffs leaves US shipping firm slapped with $34M in fees: ‘A lot of shaking of heads’

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‘Junk IRAs’ set to drain $43B from Americans’ nest eggs by 2030: report

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Millions of UK Apple users could get pay-out after court ruling

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Shoppers in this US city pay the most for groceries — spending nearly 4% of income on food

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Mattel drops bizarre ‘Coffee with Ken’ podcast trademark challenge — on condition it doesn’t discuss toys

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Wall Streeters poised to get record bonuses in 2025 with profits exceeding $60B: NY comptroller

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No digital ID checks until you change jobs, says No 10

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Critics of $1 trillion payday for Elon Musk are ‘corporate terrorists,’ Tesla CEO says

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Trump pardons convicted Binance founder Changpeng Zhao after Biden’s ‘war on cryptocurrency’

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Home sales hit 7-month high as falling mortgage rates tempt buyers

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CNN should fire Christiane Amanpour for ‘antisemitic’ comments, says Warner Bros. Discovery investor

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Water companies told to refund £260m to customers for poor performance

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Assaults on rail network more than triple in 10 years

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Warner Bros. Discovery launches formal auction as it seeks bidding war for media giant: sources

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Tesla recalls over 63K Cybertrucks over parking light issue that could increase risk of crash

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Sports leagues find that streaming pirates have their purposes

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OpenAI and Anthropic v app developers: tech’s Cronos syndrome

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In South Korea a corporate-governance revolution is under way

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Beware the “romance of leadership”

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American big business faces a $1trn capex question

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What the UK inflation figures actually mean for you

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European firms unite in bid to rival SpaceX

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National debt surpasses $38 trillion milestone for first time in US history as spending surges

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Juul is waging a comeback with high-tech safeguards meant to keep vapes away from teens

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Why cost of living is shrinking our chocolate bars

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Is Yorkshire turning into a banking desert?

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Date growers hope to turn desert green as new lab opens

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What's the significance of US sanctions on Russian oil?

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Amazon unveils prototype AI smart glasses for its delivery drivers

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Tesla profits slide despite record revenue

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How the outsourcing sector became South Africa's newest goldmine

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Temu agrees to remove rip-off greeting cards from its site more quickly

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London Stock Exchange bouncing back, says metals magnate

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Citi boss Jane Fraser handed chair title — and $25M — joining rival banks that have CEOs in both roles

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Stable inflation gives chancellor space to break doom loop

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Elon Musk’s Tesla disappoints investors despite record sales as profit dented by higher costs, fading credits

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Trump says Putin talks 'don't go anywhere' as he imposes new sanctions

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An armed gang of shoplifters is terrorizing NYC supermarkets— and grocers say NYPD is ignoring the rampage

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Paramount Skydance boss eyes Warner Bros. Discovery purchase— and Trump is in his corner

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Borrowers won’t have to pay federal taxes on student loans forgiven this year

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GM embraces AI with plans to use ‘eyes-off’ driving, other high-tech features for 2026 vehicle lineup

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Top Wall Street investor warns Zohran Mamdani’s rent control plan will decimate NYC’s housing market

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Anthropic CEO insists he’s no wokester in wake of White House AI czar’s broadsides

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OpenAI relaxed ChatGPT rules on self harm before 16-year-old died by suicide: lawsuit

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Coca-Cola starts selling cane sugar soda after Trump demand

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Why Beyond Meat shares surged over 1,000% in four days

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Chinese-owned TikTok allegedly meddling in NYC mayoral race by boosting Mamdani content over Cuomo: report

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