Trending Business News
THC drinks could soon be harder to find as Congress delays hemp ban again
Congress delayed federal restrictions on hemp-derived THC beverages for another month, pushing the deadline to December. The category has grown rapidly but faces uncertainty as distributors hesitate to stock inventory.
The wealth of the world’s billionaires reached $15.1 trillion last year, per a new report
The world’s billionaire population reached a record 3,795 people in 2025, with combined wealth surging 12.8% to $15.1 trillion, driven largely by artificial intelligence sector gains.
Populism poses serious challenge to independent central banks, Bailey says
Bank of England Governor Andrew Bailey warns that populist politicians pose a serious threat to central bank independence and argues institutions must better explain their decisions to the public.
‘There’s no plan’: as instability in global bond markets rises, what are the knock-on effects?
Global bond markets are experiencing significant instability, with US government borrowing costs rising sharply amid concerns about fiscal sustainability and geopolitical tensions, creating knock-on effects for borrowers worldwide.
Trump strikes new drug pricing deals with nine midsized drugmakers
President Trump announced drug pricing agreements with nine pharmaceutical companies, requiring them to discount medications to state Medicaid programs aligned with international prices.
Chevron to expand in Venezuela, days after the U.S. and Venezuela strike oil deal
Chevron announced plans to expand its Venezuelan oil operations, investing over $7 billion over five years to increase production to approximately 600,000 barrels per day.
Almost half of households do not see benefits of economic growth, report says
Nearly half of British households live in areas where economic growth fails to improve living standards, with significant regional disparities between wealthy southern regions and struggling northern areas, according to a new PwC report.
Jackdaw gas field set to be approved as soon as mid-September, sources say
The UK government is expected to approve the controversial Jackdaw gas field off Aberdeen in mid-September, according to government and industry sources, after a Scottish court ruling required additional climate assessments.
Is India’s internet boom running into an undersea problem?
India’s digital economy faces critical infrastructure vulnerabilities, with 95% of its international bandwidth concentrated on a six-kilometer stretch of Mumbai coast, exposing the country to potential cable disruptions.
Scarborough B&B boss fears ‘uneven playing field’ tourist tax
A Scarborough bed and breakfast owner warns that a proposed tourist tax in North Yorkshire could disadvantage his business if East Yorkshire does not implement the same levy, potentially driving visitors elsewhere.
Cornwall businesses want permanent VAT cut, ‘not a gimmick’
Cornwall hospitality businesses are calling for the government’s temporary VAT reduction scheme to become permanent, rather than remaining a limited summer initiative.
Boss of City regulator accused of threatening consumer group over £9.1bn car loan scheme
The FCA chief executive is accused of threatening a consumer group with adverse consequences if it pursued legal action against a £9.1bn car loan compensation scheme, according to court documents.
Made in America: How AI is keeping this U.S. factory competitive
GE Appliances’ Georgia plant uses AI-powered cameras, robots, and data analytics to detect manufacturing errors and optimize operations, helping it compete with overseas factories while maintaining U.S. employment.
London Stock Exchange to lose three more firms after takeover offers
Three additional London-listed companies are being taken over, bringing total deal value removing firms from the LSE to over $100bn this year, as the stock exchange faces continued pressure.
California AG Rob Bonta cancels Paramount settlement meeting, citing ‘lack of good faith’
California Attorney General Rob Bonta canceled a settlement meeting with Paramount Skydance, accusing the company of breaching confidentiality and misrepresenting early merger negotiations regarding its planned acquisition of Warner Bros. Discovery.
Main Street Sports sues Comcast, Charter for underpaid licensing fees
Main Street Sports, the defunct regional sports network operator, is suing Comcast and Charter Communications for allegedly underpaid licensing fees during early 2026.
Bugatti CEO Mate Rimac says the future of supercars is old-school combustion engines
Bugatti CEO Mate Rimac says the luxury supercar market will remain dominated by traditional combustion engines, comparing the sector to high-end Swiss watches where mechanical precision appeals to wealthy buyers.
American Airlines adds batch of new international routes on its XLR planes
American Airlines is adding seven international routes to its 2027 schedule, with many operating on its Airbus A321XLR aircraft, which can fly up to 4,700 nautical miles on a single aisle.
‘Cowboy builders’ targeted in new government clampdown
The UK government is launching a new database of vetted traders and payment protection system designed to shield homeowners from unscrupulous builders engaging in fraudulent renovation practices.
Healey’s budget to duck setting a date for 3% defence spending target
The UK chancellor will delay announcing when the country will reach its 3% defence spending target until next year’s spending review, the Treasury confirmed.
Colman’s Mustard brand synonymous with Norwich put up for sale
Colman’s Mustard, a brand long associated with Norwich after operating there for 160 years, has been put up for sale as part of Unilever’s planned merger with American food company McCormick.
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3 Important Reasons Why the CBD Business is on the Rise
As the popularity of cannabidiol (CBD) continues to increase, so does the demand for anything and everything related to this beneficial cannabinoid. The CBD business is booming and companies from all industries are taking advantage of this opportunity by introducing...
CDMO Samsung Biologics Receives Global Enlightened Growth Leadership Award
Samsung Biologics, a leading contract development and manufacturing organization (CDMO), has received the Frost & Sullivan Institute’s 2022 Global Enlightened Growth Leadership Award. The award recognizes companies for their commitment to growing in a manner that...
Baton Rouge Company Sues Former VP for Stealing Business: Lawsuit
A construction company in Baton Rouge, Louisiana, is suing a former employee after discovering he had spent a year stealing money and clients for his father’s rival business, according to a lawsuit. Coastal Bridge LLC is seeking damages from Devon Overall, the...
Manufacturers Aim to Combine Hygiene and Sustainability in Packaging
Post-COVID Packaging Will Combine Hygiene and Sustainability Most respectable companies go to great lengths to ensure their packaging is sustainably sourced and at least partially recyclable. To reduce waste, many companies have started using less packaging overall,...