Trending Business News
Goodyear burning rubber and cash as turnaround plan continues
Goodyear’s turnaround plan aims to boost investor appeal and profitability, but the tire maker continues burning significant cash while managing over $7 billion in debt.
‘Inept, incompetent, craven’: Scott Bessent struggles to clean up the president’s mess
Treasury Secretary Scott Bessent faces mounting criticism over his handling of economic policy, including debt management and efforts to isolate Iran financially amid broader geopolitical tensions.
VW workers boo boss as he urges them to ‘pull together’ amid job cuts
Volkswagen’s CEO faces worker protests as he presents restructuring plans potentially involving major job losses and factory closures, urging employees to unite despite widespread opposition.
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 control of struggling utilities like Thames Water, though the plan faces potential legal challenges from creditors.
Trump hails ‘historic’ deal for US to control 65bn barrels of Venezuela’s oil
The US has secured control of over 65 billion barrels of Venezuela’s oil reserves under a new agreement, with President Trump stating the deal will double American oil reserves and lower gas prices.
‘Winter panic’: EU gas stores at their lowest level in 13 years
European gas storage levels stand at 63% capacity—their lowest point in 13 years—prompting concerns about winter price volatility and potential supply challenges across the region.
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 faces an antitrust trial, prompting media executives to warn of a broader M&A slowdown across the industry.
Main Street Sports sues Comcast, Charter for underpaid licensing fees
Main Street Sports, a defunct regional sports network operator, is suing Comcast and Charter Communications for allegedly underpaying licensing fees during the first half of 2026.
Heatwave health risks threaten insurer earnings, rating agency S&P warns
European heatwaves are generating increased insurance claims from heat-related deaths and health complications, particularly among elderly populations, potentially raising customer premiums, S&P warns.
Argos is getting a makeover – but can it attract new shoppers?
Argos, a 50-year-old British retail chain, is undergoing new ownership after Sainsbury’s sale, with new owners planning expansion and improvements to compete with Amazon and other online rivals.
Why Japanese firms are being so slow to use AI
Japanese companies are adopting artificial intelligence far more slowly than their counterparts in the US and UK, with only 8.4% of workers using AI on the job compared to 50% in America.
Disney’s new parks boss outlines investment strategy, with superfans at the fore
Disney’s new parks chief outlined a $60 billion investment strategy focused on superfans, announcing repairs to the Expedition Everest yeti and returns of beloved attractions like Figment and nighttime spectaculars.
‘Starve the beast’? The $40tn cost of Republicans’ false promises to cut spending
Federal debt has surged to $40 trillion under Trump’s administration, reflecting a decades-long Republican strategy of tax cuts designed to constrain Democratic spending rather than improve fiscal health.
New York unseats San Francisco as the top market for tech talent, CBRE reports
New York has surpassed San Francisco as the top market for tech talent with 394,300 workers, driven largely by growth in artificial intelligence jobs, according to a CBRE report.
Inside Coca-Cola’s secretive innovation labs: How the beverage giant wants to automate dirty soda and refreshers
Coca-Cola is developing automated drink dispensers at its innovation labs to produce customizable beverages like dirty sodas and refreshers, responding to changing consumer preferences and restaurant demand.
‘Penchant for bling’: can Sports Direct’s Mike Ashley take a bigger slice of luxury retail?
Mike Ashley’s Frasers Group acquired Harvey Nichols this month, continuing a luxury brand purchasing strategy that critics question given recent underperformance in the premium segment.
Paramount seeks $1.88 billion bond from state AGs to cover costs of WBD merger delay
Paramount seeks a $1.88 billion bond from state attorneys general challenging its merger with Warner Bros. Discovery, citing substantial costs from delays in closing the acquisition.
Group including Jeff Bezos buys minority stake in Liverpool FC, with option to become controlling owner
A consortium led by Jeff Bezos has agreed to acquire a minority stake in Liverpool FC valued at approximately $7.1 billion, with an option to become controlling owner within 12 months.
Paramount seeks $1.88 billion bond from state AGs to cover costs of WBD merger delay
Paramount seeks a $1.88 billion bond from state attorneys general challenging its merger with Warner Bros. Discovery, citing substantial costs from delays in closing the acquisition.
Lakers governor Jeanie Buss says siblings cannot sell family’s stake to Bob Iger, Joshua Kushner
Lakers governor Jeanie Buss is opposing a potential sale of her family’s stake in the team, asserting she retains controlling authority and that any such transaction would require her approval.
Proposed California wealth tax sparks debate: Will billionaires leave the state?
California voters will decide in November on Proposition 40, a one-time 5% tax on billionaires’ assets. The measure has sparked intense debate over whether wealthy residents will flee the state.
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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....
Top Digital Payment Trends in 2022
Image Source: https://pixabay.com/illustrations/electronic-wallet-laptop-money-4433604/ Digital payments, also known as electronic payments, involve transferring money from one account using a digital device like a mobile phone, POS, or computer. It includes payments...
Why Your Employees Are More Important Than Your Customers
Your employees are more important than your customers. It sounds like a bold and flawed statement; after all, customers provide the revenue that businesses need to survive, but there are many reasons why employees are more important than customers. Realising just how...
Outsourcing to Ukraine: Prospects and Opportunities
Our article will be useful for those who have not yet decided whether they need the services of an outsourcing company. What Is Outsourcing? There is no doubt you know this already, but the definition is still worth repeating. Outsourcing is the transfer of one or...