Trending Business News
Home Depot reaffirms guidance amid ‘frozen housing market conditions’
Home Depot beat Wall Street expectations in the second quarter and reaffirmed full-year guidance, citing market share gains despite what executives describe as ‘frozen housing market conditions.’
Sea Ray parent Brunswick bets on AI navigation and new revenue streams to help stalling boat sales
Brunswick Corporation is leveraging artificial intelligence navigation technology and recurring revenue models to offset sluggish boat sales, targeting modest unit growth through 2030 while expanding aftermarket and software revenues.
Hims & Hers CEO says FTC lawsuit misunderstands how the company works
Hims & Hers CEO Andrew Dudum defended the telehealth company against an FTC lawsuit, asserting the agency misunderstands the company’s operational model and data-sharing practices.
Target says its turnaround is picking up steam, with help from a big tariff refund
Target reported strong quarterly earnings boosted by a $752 million tariff refund, with comparable sales beating expectations at 3.8% and raising full-year guidance.
Hyundai’s new flagship vehicle is a large luxury Genesis EV
Hyundai’s luxury brand Genesis unveiled the GV90, an all-electric large SUV with up to seven seats designed to compete in the premium vehicle segment and expand its U.S. lineup.
Where commercial real estate demand is the highest, according to new data
South Carolina leads U.S. states in commercial real estate demand potential, according to a new National Association of Realtors index measuring economic factors across office, industrial, retail and multifamily sectors.
After 10 years at United, CEO Scott Kirby is thinking big about the future of his airline from JFK to AI
United Airlines CEO Scott Kirby, who led the carrier to become the second-most profitable U.S. airline in a decade, is pursuing aggressive expansion including new international routes and increased presence at New York’s JFK Airport.
North Tyneside taxi drivers urge council to agree 8% fare hike
North Tyneside taxi drivers are requesting an 8% fare increase to address rising fuel costs and living expenses, though some councillors are seeking a more balanced approach considering residents’ financial pressures.
Energy UK says struggling households need more support with bills
Energy UK calls for expanded government support for struggling households facing higher winter bills, proposing a targeted assistance scheme costing £1.9bn to replace the current £150 Warm Home Discount program.
HHS moves to tighten oversight of food ingredients as safety concerns mount
The HHS proposed requiring food manufacturers to notify the FDA when they determine ingredients are safe, while submitting a definition of ultra-processed foods for final review amid food safety concerns.
Burnham warned Iran war could hit UK growth next year
UK Treasury modelling suggests GDP growth could fall to 0.3% in 2027 if Middle East disruption continues, significantly below forecasts, raising pressure for government support measures.
BP to develop offshore gasfield in Venezuela with firms linked to Trump administration
BP will develop an offshore gasfield in Venezuela with partners linked to the Trump administration, marking one of the first major foreign investments in the country following recent political changes.
Electric vehicle sales targets could be cut after pressure from car makers
The UK government is reviewing its electric vehicle sales targets after pressure from car makers, potentially reducing the mandate from 80% to 50% by 2030.
Thames Water plans to restart desalination plant – after drought has ended
Thames Water plans to restart its Beckton desalination plant by year-end to rebuild winter reservoir supplies, though drought conditions are expected to ease before operations begin.
Royal Parks gardeners vote to strike over 70p an hour pay rise
Gardeners employed at London’s Royal Parks have voted to strike over a proposed 70-pence-per-hour pay increase, with their union calling the offer insufficient.
Boeing sells eVTOL subsidiaries, takes stake in Archer
Boeing sells three eVTOL and aerospace subsidiaries to Archer Aviation in exchange for a 19.75% stake in the startup, streamlining its focus on core operations.
UK economy grows but experts warn of challenging months ahead
UK economy grew 0.4% between April and June, meeting expectations but prompting warnings that temporary factors like sports events and summer weather drove gains that may not sustain.
Sports Direct owner Mike Ashley buys Harvey Nichols
Mike Ashley’s Frasers Group has acquired luxury department store Harvey Nichols from administration for approximately £40m, taking control of its UK operations while franchise agreements for overseas stores continue.
Water customers are not a ‘blank cheque’, Burnham tells suppliers
The prime minister criticized water companies for raising bills excessively, as regulators approved an additional £3.4 billion in spending on infrastructure and repairs across multiple firms.
Fox won’t renegotiate NFL media rights before current deal expires, CEO Lachlan Murdoch says
Fox CEO Lachlan Murdoch announced the network will not renegotiate its NFL media rights deal until closer to 2030, when the current contract’s opt-out clause takes effect.
Why airlines are warning over lithium-ion batteries
Airlines are intensifying warnings about lithium-ion batteries on flights after a passenger’s power bank caught fire mid-flight, highlighting growing safety concerns in the aviation industry.
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Choosing an Effective Business Name
One of the most iconic lines from William Shakespeare’s Romeo and Juliet goes, “What’s in a name? That which we call a rose by any other name would smell as sweet.” This line basically puts forth the idea that what something is named is less important than what that...
Why Plastic Can’t be Completely Replaced
With the growing concerns of climate change and the consequences that it may bring, it leaves many people wondering why we can't just completely forego using plastic altogether. This argument is perfectly logical, and were it not for a few variables, replacing plastic...
8 Ways to Improve Your Website’s Conversion Rate
Conversion rates are one of the simplest and most crucial measures of success for your website. To convert means that the user took an action on your page that you intended them to. For example, the user clicked a link, filled out a form, answered a survey, or...
How to Open an Automotive Shop
If you've always had a passion for helping others and a deep love for cars, opening an automotive shop could be the ideal career for you. Automotive shops give people peace of mind that their vehicle is safe enough to drive to work or to go on a long road trip with...