Trending Business News
Fed chair says delivering ‘stable prices’ is central bank’s job as inflation persists
Federal Reserve Chair Kevin Warsh stated the central bank remains committed to achieving stable prices as inflation persists above target, while markets interpreted his remarks as potentially signaling future rate increases.
Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill
Wells Fargo and Citigroup have regulatory capacity to acquire major regional banks as merger restrictions ease under the current administration, though consolidation activity remains limited.
UPS is investing $2 billion in international, healthcare and supply chain businesses
UPS is committing over $2 billion to investments in international, healthcare, and supply chain solutions businesses through 2028, aiming to help customers navigate complex global logistics.
Lost in limbo: Where the Paramount merger delay leaves WBD, and what may come next
Warner Bros. Discovery faces operational uncertainty as its proposed $110 billion merger with Paramount Skydance faces regulatory delays and antitrust challenges from California officials.
Gap shares jump 12% after company names new Old Navy CEO to revive struggling brand
Gap appointed Michael Francis as the new Old Navy CEO effective November 2, aiming to revive the struggling brand. The announcement boosted Gap shares 12% in extended trading.
Fed’s Kevin Warsh warns inflation is too high, sparking bets rate hikes are coming
Federal Reserve Chair Kevin Warsh signaled at Jackson Hole that inflation remains above target, prompting markets to increase bets on potential interest rate increases in the coming months.
The London office, the empty boxes and the £1bn tax loophole
A court of appeal ruling has ended a widespread tax avoidance scheme involving placing boxes in empty London offices to avoid business rates, a practice estimated to have cost councils over £1 billion.
BT on track for estimated £2bn windfall from selling old copper amid AI boom
BT is on track to receive over £2 billion from selling surplus copper cabling over the next decade as it upgrades the UK network to full-fibre broadband, capitalizing on surging copper prices driven by AI and renewable energy demand.
Trump strikes new drug pricing deals with nine midsized drugmakers
President Trump announced new drug pricing agreements with nine pharmaceutical companies, bringing his administration’s total to 26 companies representing an estimated 90% of the U.S. pharmaceutical market.
Bugatti CEO Mate Rimac says the future of supercars is old-school combustion engines
Bugatti CEO Mate Rimac says the supercar market is entering a “Swiss watch phase” where wealthy buyers favor hand-crafted internal combustion engines over high-tech electronics and electric vehicles.
Who does Iran trade with and what could Trump’s ‘economic D-Day’ mean?
The US announced sweeping sanctions against Iran as part of an “economic D-Day,” but analysts question their effectiveness given Iran’s established trade relationships with China, Turkey, Pakistan, and other nations.
Canada hits back at the U.S. with tariffs as the countries’ trade fight escalates
Canada announced retaliatory tariffs on hundreds of U.S. goods, matching American duties dollar-for-dollar with rates of 15%, 25%, and 50% effective September 8, escalating the trade dispute between the nations.
VW workers boo boss as he urges them to ‘pull together’ amid job cuts
Volkswagen’s CEO faced worker protests as he outlined a major restructuring plan involving potential job cuts and factory closures, urging employees to support the transformation.
Investor competition for commercial real estate sees strongest growth in a year
Commercial real estate investor competition reached its strongest level in a year as liquidity increased across multiple funding sources, despite persistently elevated borrowing costs.
Burnham mulls insolvency law shake-up to help bring utilities under public control
Prime Minister Andy Burnham is exploring changes to insolvency laws to facilitate public takeover of struggling utilities like Thames Water as part of his broader plan for utility nationalization.
The £5 coffee that tells a story of global economic turmoil
Coffee prices have surged globally, with UK lattes now regularly exceeding £4 and US prices approaching £5, driven by climate disruption, supply chain inflation, and tariff impacts.
How the High Street became a window on our political instability
A BBC investigation across the UK uncovered organized crime on High Streets, including underground cigarette tunnels and illegal goods networks, revealing how street-level criminality shapes British politics and voter behavior.
Government vows to make business rate valuations for pubs and hotels fairer
The government has commissioned an independent review to examine business rate valuations for pubs and hotels in England and Wales, with the study to report findings by March 2027.
Graduate job vacancies drop by almost 50% in a year, survey suggests
Graduate job vacancies fell to 8,383 in July, down 46% from 15,397 a year earlier, as employers cite AI adoption and rising employment costs for reduced entry-level hiring.
A media M&A chill: The Paramount-WBD antitrust challenge may hold up more deals than one
The delayed Paramount-Skydance-WBD merger due to antitrust challenges from state attorneys general is creating uncertainty across the media industry, potentially chilling other major deals.
Main Street Sports sues Comcast, Charter for underpaid licensing fees
Main Street Sports, a defunct regional sports network operator, sued Comcast and Charter Communications for allegedly underpaying licensing fees during early 2026 when the networks broadcast NBA and NHL games.
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On Board: A Guide For Recruiting And Hiring Physicians To Your Practice
Physicians play an important role in the health and well-being of individuals and communities. As a result, it is essential to have strong physician recruitment and consulting program in place to find and hire the right specialists for your practice. This guide is...
Bobby Kotick’s Activision Blizzard Hires Kristen Hines as Its New Chief Diversity, Equity, and Inclusion Officer
Bobby Kotick’s Activision Blizzard appointed Kristen Hines to the role of chief diversity, equity and inclusion officer. Her first day is set for April 25, the video game company confirmed through a press release. Hines is joining Activision’s leadership team and will...
How to Wow Customers in the Digital Age
The Secrets to Making Your Customers Say “Wow” The bar has never been higher. Today’s customers are exposed to tens of thousands of marketing messages over the course of any given week. Immersive digital experiences are the norm. And if you don’t satisfy your...
What’s In Store For The Transport And Logistics Companies This Year?
Package delivery giant, United Parcel Service (UPS), is to sell its freight business to TFI International Inc, a Canadian-based transport and logistics company. It is leaving the domestic trucking market to concentrate on the growing small package delivery business....