Trending Business News
Goodyear burning rubber and cash as turnaround plan continues
Goodyear CEO Mark Stewart is executing a turnaround plan to reposition the tire maker as a premium brand, but the company continues burning significant cash while carrying over $7 billion in debt.
Autonomous aircraft: Pilot-free crop dusters lead the way
Autonomous crop-spraying aircraft are leading the race to bring self-flying planes into commercial service, with companies like Pyka already operating in Brazil and gaining regulatory approvals in the US.
Britain is OK with public ownership, but only by foreign powers. Why?
A new book examines Britain’s energy system history, arguing that public ownership once delivered efficient infrastructure but privatization since 1979 has created a costly, fragmented crisis.
BP appoints new chair after contentious ousting of Albert Manifold in May
BP has appointed Ian Tyler as permanent chair following the controversial ousting of Albert Manifold in May. Tyler, who served as interim chair since April 2025, takes over the role immediately.
Ryanair warns air fares in Europe will jump next year if oil price stays high
Ryanair warns European air fares will rise significantly in 2027 if oil prices remain elevated, cautioning that some competitors may struggle financially during the winter season.
A media M&A chill: The Paramount-WBD antitrust challenge may hold up more deals than one
The delayed Paramount-Skydance-Warner Bros. Discovery merger due to antitrust challenges has created a regulatory chill in media dealmaking, with executives citing concerns that state-level scrutiny could freeze other major transactions.
Victoria Beckham’s company makes its first profit after 18 years
Victoria Beckham’s fashion and beauty company achieved its first operating profit in 18 years, posting £7.3m in 2025 after years of losses since its founding in 2008.
OneRail launches AI platform with Nvidia for retailers to make faster delivery decisions
OneRail launched OmniStar, an AI platform developed with Nvidia that helps retailers optimize delivery decisions at scale, reducing routing time from 20 minutes to 2½ minutes per order.
Ikea cuts prices as customers struggle with rising cost of living
Ikea is cutting prices on hundreds of products across Europe by up to 28% to help customers facing cost-of-living pressures, spending €1.2bn on the reductions despite expected profit impacts.
How Taylor Farms became integral to America’s food supply system
A cyclospora outbreak has intensified scrutiny of Taylor Farms, the world’s largest fresh-cut vegetable supplier that controls roughly 40% of U.S. grocery store salad kits and serves major chains like McDonald’s and Chipotle.
Asda returns to growth after more than two years
Asda reported its first sales growth in more than two years, with a 0.2% rise at established stores, as the supermarket chain attributes improvement to stronger pricing and enhanced online services.
Fed chair says delivering ‘stable prices’ is central bank’s job as inflation persists
Fed Chair Kevin Warsh said controlling inflation remains the central bank’s priority in his first major speech, though he avoided signaling specific interest rate moves amid persistent price pressures.
Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill
Wells Fargo and Citigroup have capacity to acquire large regional banks under current regulatory conditions, with five banks potentially fitting acquisition criteria as the industry consolidates.
UPS is investing $2 billion in international, healthcare and supply chain businesses
UPS is committing more than $2 billion toward international, healthcare, and supply chain solutions businesses through 2028, expanding facilities and capabilities globally.
California AG Rob Bonta cancels Paramount settlement meeting, citing ‘lack of good faith’
California’s attorney general canceled a settlement meeting with Paramount Skydance, accusing the company of breaching confidentiality and misrepresenting discussions about its proposed Warner Bros. Discovery merger.
Households in Great Britain ‘could owe energy suppliers £7bn by end of year’
Energy debt in Great Britain could reach £7bn by year-end as prices rise, with households facing higher bills despite government VAT cuts, according to industry group warnings.
The stakes are high as Kevin Warsh is set to give his first major speech as Fed Chair
Federal Reserve Chairman Kevin Warsh will deliver his first major speech as Fed chair at Jackson Hole, with investors seeking clarity on his strategy to combat inflation running well above the central bank’s target.
‘Cowboy builders’ targeted in new government clampdown
The UK government is launching a new database of vetted traders and escrow payment system next month to protect homeowners from fraudulent builders, amid complaints that over a quarter of recent renovation customers experienced problems.
Trump administration illegally retaliated against Anthropic, judge says
A US judge ruled the Defense Department acted illegally when it designated AI startup Anthropic a supply chain risk, rejecting the military’s efforts to punish the company for refusing weapons use.
John Healey to duck meeting UK defence spending target in budget
UK Chancellor John Healey will delay announcing when the country will meet its 3% GDP defence spending target until next year’s spending review, the Treasury confirmed.
Why Gen Z are planning for life without a state pension
About half of Gen Z expect no state pension by retirement, prompting many to increase private pension savings due to concerns about aging populations and government finances.
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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...
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,...
How to Increase Your Survey Response Rate
Understanding customer perceptions is critical to driving business success, and customer surveys are one of the best ways to gather customer research. Companies use customer surveys for several reasons—whether it's to assess customer satisfaction levels, find...
What Does It Take to Be a Great Media Manager?
Succeeding as a media manager takes excellent communication skills and a good understanding of people. After all, the job is ultimately to reach consumers and persuade them about the value of a product or organization. But what other personal qualities are needed for...