Trending Business News
What tariffs will really cost Canadians and Americans
The US and Canada face escalating tariffs on vehicles, construction materials, and household goods, with threats of further increases and bans on specific imports set to take effect later this year.
4 things investigators learned about the dysfunction at Trump’s Labor Department
An investigation found that former Labor Secretary Lori Chavez-DeRemer violated her department’s harassment policy and failed to address a toxic workplace environment, according to a newly released report by the Labor Department’s Office of Inspector General.
Petrol prices rise by 5p over a week as Iran war sends oil higher
Unleaded petrol prices rose 5p per litre in a week to 167.17p, the largest weekly increase since April, as Middle East tensions drive crude oil prices higher.
The RBA hoped this year’s three interest rate rises would tame inflation – but nothing is going their way
The Reserve Bank of Australia’s three interest rate increases this year have failed to control inflation amid global oil price shocks and supply chain pressures, with markets pricing in further hikes by month’s end.
Tax banks to cut energy bills, unions tell Andy Burnham
Britain’s trade unions are calling on Prime Minister Andy Burnham to introduce a subsidized energy tariff funded by increasing a bank surcharge, arguing it could help millions of households manage rising bills.
John Lewis losses widen to £124m as shopper confidence dips
John Lewis Partnership’s pre-tax losses widened to £124m in the first half of the year as higher costs and weak consumer confidence pressured results across its department stores and Waitrose supermarkets.
The ‘choose your own adventure’ earnings: Why retailers are handling tariff refunds so differently
Retailers are handling tariff refunds from a Supreme Court ruling inconsistently, with some using the money to lower prices while others boost shareholder earnings, creating confusion for Wall Street analysts.
American Airlines continues premium push with redesigned Boeing planes
American Airlines deployed its first retrofitted Boeing 777-300ER aircraft with premium seating, featuring 70 lie-flat suites and expanded premium cabin options for long-haul international routes.
Southwest to debut airport lounges in four cities, with more to come
Southwest Airlines announced plans to open airport lounges in Austin, Baltimore, Honolulu, and Nashville in late 2027, with additional locations planned across high-demand markets in subsequent years.
Housebuilder Crest Nicholson warns of annual loss in ‘subdued’ property market
British housebuilder Crest Nicholson has warned of an unexpected annual loss, citing subdued market conditions and reduced home completion forecasts as sales demand weakens.
Fuel duty proposal withdrawn in Jersey after discussions
A Jersey deputy withdrew her proposal to cut fuel duty by 10p per litre for three months after productive talks with the Treasury Minister produced an alternative approach.
No bailouts for Jaguar Land Rover amid reports of thousands of job cuts, says minister
Jaguar Land Rover plans up to 4,000 job cuts as the UK’s largest carmaker faces sales pressures, while the government signals no financial bailout will be provided.
EU faces 300,000 factory job cuts as China ‘colonises’ supply chains, industry warns
EU manufacturing faces 300,000 job losses this year due to Chinese competition, industry group warns, urging Brussels to address component-level supply chain penetration.
The ‘choose your own adventure’ earnings: Why retailers are handling tariff refunds so differently
Retailers have inconsistently reported tariff refunds flowing in after a February Supreme Court ruling, with some using the money to lower prices while others boosted shareholder profits, complicating earnings analysis.
The bond market is blowing up right now – should Australians be worried?
Australia’s 10-year government bond yield has surged past 5.2%, the highest in over 15 years, reflecting global concerns about inflation, debt levels, and competition for capital in the economy.
UK subsidence claims surge after hottest summer on record
UK insurers report a dramatic surge in subsidence claims following the hottest summer on record, with Hastings Direct experiencing a near 140% jump in August alone.
Firms scramble for battery power in Spain and Portugal
Industrial firms in Spain and Portugal are rapidly investing in battery storage systems following a major blackout that caused significant losses. Battery capacity has surged sevenfold in Spain since the outage.
American Airlines adds batch of new international routes on its XLR planes
American Airlines announced seven new international routes for its 2027 schedule, many utilizing Airbus A321XLR aircraft that enable service to smaller European cities from major U.S. hubs.
Imax says it’s open to a sale. Why is no one buying?
Imax said in December it would consider a sale, but despite record box office performance and a relatively modest $3 billion market cap, no major buyers have emerged as of late August.
Goodyear burning rubber and cash as turnaround plan continues
Goodyear CEO Mark Stewart is advancing his turnaround strategy while the company faces significant cash burn and debt exceeding $7 billion amid challenging market conditions and competitive pressures.
How one of the largest investors in student housing is playing this school year
Student housing pre-leasing reached 89.1% in July ahead of fall move-ins, up from 88.1% a year earlier, though market conditions vary significantly across universities and regions, according to industry data.
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Four Effective Tips Every Manufacturer Must Know
The urge to innovate while simultaneously lowering expenses cannot be suppressed for manufacturers worldwide. However, this need is not met that easily. It can take months and even years for manufacturing businesses to find the right strategies to stay ahead in a...
7 Tips to Keep Company Vehicles on a Maintenance Schedule
Maintaining your company vehicles is an important part of running a successful business. However, staying on top of the necessary maintenance tasks and keeping the vehicles in good condition can be difficult. To make it easier to manage your vehicle upkeep, here are...
5 Things Every Small Business Owner Should Know
Starting a small business is a big undertaking. There's a lot to think about, from developing products or services, to building a team to market and sell your wares. It’s no wonder that many small businesses don't make it past their first year. According to research,...
New Truck Accident Statistics Are available for Ventura County
Driving a big rig is challenging at the best of times, but when truck drivers have to negotiate steep inclines and sharp curves, along with paying attention to what the more nimble four-wheeled cars are doing around them, the task can be downright dangerous. In...