Trending Business News
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.
Inside Coca-Cola’s secretive innovation labs: How the beverage giant wants to automate dirty soda and refreshers
Coca-Cola is developing new automated beverage equipment including Freestyle dispensers that make dirty sodas and refreshers, testing customizable drinks to compete with specialty beverage chains and meet consumer demand for handcrafted options.
Fast-fashion giant Shein sets cut-price $27bn valuation for Hong Kong IPO
Fast-fashion retailer Shein will list on the Hong Kong stock exchange on 1 September at a valuation near $27bn, down significantly from its prior $100bn peak after reporting losses earlier this year.
Iran says it is ‘fully prepared’ to counter widened US economic sanctions
The US Treasury announced sweeping new sanctions against Iran, describing them as an “economic D-Day,” while Iranian officials said they are fully prepared to counter the measures through alternative trade partnerships.
US-Canada trade war heats up as Trump threatens to hike auto tariffs
President Trump has threatened to increase US tariffs on Canadian automobiles and parts from 25% to 50% starting January 1, escalating tensions after trade negotiations between the countries collapsed.
Lego posts record first-half revenue, CEO touts strong sales at high-end and value pricing
Lego reported record first-half revenue of 41.9 billion Danish kroner, posting a 21% revenue increase driven by botanical sets, Formula 1 partnerships, and collectible products.
HHS plans new FDA deputy commissioner roles for technology and drugs, sources say
The Department of Health and Human Services is planning to establish two new deputy commissioner positions at the FDA, one focused on technology and artificial intelligence, according to sources familiar with the plan.
Instagram head Adam Mosseri testifies in defense of Meta in child safety trial
Instagram head Adam Mosseri testified in court that a 2021 feature designed to help teens regulate app usage had lower uptake than expected, with only 1.8% of teens initially using it.
Firms scramble for battery power in Spain and Portugal
Companies across Spain and Portugal are rapidly investing in battery storage systems following a major blackout last year, with industrial firms seeking to protect production from power disruptions.
AI build out: AI gold rush draws crypto firms away from Bitcoin
Major cryptocurrency mining companies are redirecting computing infrastructure toward artificial intelligence workloads, signing multibillion-dollar deals with AI firms like Anthropic as Bitcoin rewards decline.
Musk’s SpaceX to build $100bn launch facility in Louisiana
SpaceX announced plans to construct a $100 billion launch facility in Louisiana spanning 125,000 acres, with construction beginning next year and first Starship flights expected in 2029.
Why Tesla has been caught up in a massive car recall in China
China announced its largest vehicle recall affecting over four million cars, mostly Teslas, over concerns about hidden door handles that may trap occupants during emergencies.
Woolworths posts $1.14bn profit in cost-of-living crisis – but CEO says it’s not thanks to rising shelf prices
Woolworths reported a $1.14bn net profit with rising margins, citing increased customer volume and cost cuts rather than price increases during the cost-of-living crisis.
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Business Articles
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The new statistics for automobile accident deaths are out and the news isn’t good. The country saw fatal accidents rise in 2022 when experts thought they might decrease. The pandemic in 2020 significantly skewed accident data, but experts believed the pattern that...
Why Your Business Needs A Strong Data Governance Policy
All businesses need a data governance policy. This is especially true for companies that rely on data to make informed decisions. A data governance policy helps to ensure that all employees understand the importance of data quality, and how they can help improve it....
6 Reasons Why You Need Live Chat
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5 Benefits Of Self Storage For Business Owners
Find out why you should consider self storage for your business to minimise your storage costs and keep the business finances as healthy as possible in these challenging economic times. The worldwide economy is going through somewhat of a challenging time, as the...