Trending Business News
Business groups urge Swinney to scrap ‘ineffective’ food price cap plan
Twenty-three Scottish business groups have urged the first minister to abandon his proposed food price cap, calling it ineffective and warning it could worsen shopping costs rather than ease them.
Most Americans aren’t anti-vaccine. They’re uncertain — and that’s a growing public health challenge
A July survey found most Americans aren’t firmly anti-vaccine but rather uncertain about vaccine safety and effectiveness, creating a public health challenge as measles cases reach record highs.
Trump admin taps former JPMorgan Chase exec Matt Zames to advise Social Security agency
Matt Zames, a former JPMorgan Chase executive, will serve as an unpaid advisor to the Social Security Administration to help modernize the agency alongside Commissioner Frank Bisignano.
United’s next decision: What to do with all those Boeing 737 Max 10 seats it ordered years ago
United Airlines faces decisions about hundreds of lie-flat premium seats ordered years ago for Boeing 737 Max 10 aircraft that have faced significant certification delays.
Goldman Sachs partner warns of ‘huge danger’ in letting AI replace bankers’ reasoning skills
A Goldman Sachs AI leader warns that widespread deployment of artificial intelligence in banking risks eroding junior bankers’ analytical and reasoning capabilities needed for career development.
HHS plans new FDA deputy commissioner roles for technology and drugs, sources say
The Department of Health and Human Services plans to establish two new deputy commissioner positions at the FDA, one focused on technology and artificial intelligence, according to sources familiar with the initiative.
Hyundai has grown more than any automaker in the U.S. — and it’s not done yet
Hyundai Motor Group has gained more U.S. market share than any other major automaker this decade, growing from 8.4% in 2020 to 11.8% through the first half of this year, with plans to expand further.
The White House’s preferred economic tools are hitting snags
The Trump administration’s export controls and tariffs—key economic security tools—are encountering significant delays, legal challenges, and fraud evasion schemes that undermine their effectiveness.
City firms race to prepare for FCA crackdown on bullying and harassment
The Financial Conduct Authority is expanding rules requiring nearly 40,000 financial firms to report bullying and harassment cases starting next month, aiming to prevent problematic executives from moving between companies.
Mayors to get powers to overrule local councils on planning decisions
Mayors in 13 English regions will gain powers to override local councils on planning decisions for large development projects, aiming to accelerate housebuilding toward a 1.5 million home target.
Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill
Wells Fargo and Citigroup have regulatory room to acquire large regional banks under the current administration, with five banks identified as potential targets based on deposit bases and branch networks.
UPS is investing $2 billion in international, healthcare and supply chain businesses
UPS is deploying more than $2 billion in investments across international, healthcare, and supply chain operations through 2028, including new facilities in the Philippines, Canada, and Hong Kong.
Up to £464m ‘moved through more than 3,000 UK high street shell companies’
Analysis reveals up to £464m moved through more than 3,000 UK shell companies disguised as beauty and convenience stores, showing patterns consistent with money laundering and terrorist financing.
Thames Water creditors accused of ‘shuffling chairs on Titanic’ with plan for new board
Thames Water creditors propose new board leadership to secure their £10bn rescue plan, but face criticism over the proposal’s substance amid potential government nationalisation discussions.
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 merger discussion details.
Network Rail sues companies for £5m over Llanegennech derailment
Network Rail is suing DB Cargo UK and Touax Rail for over £5m following a 2020 train derailment that spilled 446,000 litres of fuel into protected wetlands near Carmarthenshire.
US debt has hit $40tn – Will that be a wake-up call?
US national debt has surpassed $40 trillion, marking a significant milestone that raises economic concerns both domestically and internationally as interest costs climb.
American Airlines to add seatback screens, bigger first class in race to catch up to Delta and United
American Airlines will introduce 4K seatback screens starting in 2028 and expand first-class seating to compete with Delta and United.
Travelodge boss steps down as chain tackles security after sex assault at hotel
Travelodge CEO Jo Boydell has stepped down following multiple security failures at the hotel chain, including a sexual assault incident that prompted investigations into room access procedures.
3 things to know about the $40 trillion federal debt
The U.S. federal debt reached $40 trillion this week, with annual interest payments now exceeding $1 trillion annually. Lenders are demanding higher interest rates to finance the growing debt burden.
Fashion tech founder sentenced to prison for $300m fraud scheme
Fashion tech founder Christine Hunsicker was sentenced to five years in federal prison for orchestrating a $300 million fraud scheme involving falsified financial documents and investor deception.
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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,...
6 Of the Best Ways to Build Customer Loyalty
The idea of a customer who will only buy your brand, always look for your latest offerings and generally be prepared to overlook the competition in favor of your brand and company is the one that all entrepreneurs and businesses dream of. This is the ever-elusive...
How to Start a Business in Pennsylvania
If you want to start a business, you need two main ingredients. The first one is coming up with a great product idea that’s going to take the market by surprise. The second one is learning all the steps it takes to make your business official. Each state has its own...
10 Steps to Maintain Your Brand’s Employer Reputation through COVID-19
Now that we’re learning to live with COVID-19, most companies are realizing the importance of employer branding and attracting, retaining and hiring the right kind of talent. As Lori Sylvia, the founder of Rally Recruitment Marketing, puts it, “What happens now will...