Trending Business News
WNBA Commissioner Cathy Engelbert to retire at the end of 2026
WNBA Commissioner Cathy Engelbert announced her retirement at the end of 2026, concluding her tenure that oversaw unprecedented league growth despite facing criticism from players.
NFL’s Roger Goodell is playing the international long game ahead of league’s Australia debut
NFL Commissioner Roger Goodell is planning long-term international expansion, including nine games outside the U.S. in 2026 and potentially permanent overseas franchises, as the league plays its first regular-season game in Australia.
Wealthy investors are pouring billions into this new tax strategy despite risks
Wealthy investors have poured over $170 billion into tax-aware long-short strategies since 2022, seeking to offset capital gains taxes, but experts warn of significant risks including regulatory scrutiny and complexity.
Ryanair boss O’Leary defends ‘high-fare rapists’ airlines remarks
Ryanair CEO Michael O’Leary has declined to apologize after describing rival airlines as ‘high-fare rapists,’ leading to criticism from Irish officials and a rape crisis center.
Why the UK is dithering over what to do about e-scooters
The UK government has yet to make a final decision on e-scooter regulation after six years of trials, leaving a legal gray area as privately owned devices proliferate despite being illegal on public roads.
THC drinks could soon be harder to find as Congress delays hemp ban again
Congress delayed federal restrictions on hemp-derived THC beverages for a second time, pushing the deadline to December while the industry seeks a regulatory framework instead of an outright ban.
Bond market rebuffs US treasury’s plan to buy back $6bn in government debt
The US Treasury announced a $6 billion debt buyback plan to stabilize bond markets, but the bond market continued to rise on yields, signaling investor concern over inflation and geopolitical uncertainty.
Labour mayors in England vow to cap tourist tax at 5%
Labour mayors in England pledged to voluntarily cap a new tourist tax at 5%, responding to hospitality industry concerns about potential job losses from the uncapped levy on overnight accommodation.
Battery tech: Europe hopes to make up ground in battery industry
European companies are pursuing nanotechnology innovations in battery components to compete with Chinese manufacturers, after recent bankruptcies of major battery producers highlighted the continent’s struggles in the sector.
Dartford Larder social supermarket reports hundreds of sign-ups
A social supermarket in Kent has attracted 600 sign-ups in its first year, offering low-cost groceries and budgeting support through a weekly subscription model.
Iceland to become first UK high street retailer to open shop in Falkland Islands
Iceland supermarket chain plans to open its first UK high street store in the Falkland Islands capital of Stanley in early December through a partnership with local retailer Kelper Stores.
Primark to launch home delivery service despite ‘challenging’ market
Primark will launch home delivery service in Great Britain for the first time, acquiring an automated fulfillment facility in Sheffield as the fast-fashion retailer faces declining sales.
Woolworths increased prices of at least four ‘family staples’ during ‘Price Freeze’ promotion
Woolworths raised prices on at least four items during its three-month price freeze promotion, including a 33% increase on chicken fillets, though the company justified the hikes by claiming previous prices were promotional rather than standard.
Ford announces $1 billion investment at Kentucky plant following DOT criticism on China
Ford announced a $1 billion investment for a new paint shop at its Kentucky Truck Plant, days after federal transportation officials raised concerns about the automaker’s manufacturing practices.
Ministers face backlash from hospitality industry over ‘tourist tax’ plans
English mayors will gain powers to levy taxes on holiday accommodations, sparking industry backlash over economic concerns and job losses.
What tariffs will really cost Canadians and Americans
The US and Canada face escalating tariffs on vehicles, construction materials, and household goods, with threats of further increases and bans on specific imports set to take effect later this year.
4 things investigators learned about the dysfunction at Trump’s Labor Department
An investigation found that former Labor Secretary Lori Chavez-DeRemer violated her department’s harassment policy and failed to address a toxic workplace environment, according to a newly released report by the Labor Department’s Office of Inspector General.
Petrol prices rise by 5p over a week as Iran war sends oil higher
Unleaded petrol prices rose 5p per litre in a week to 167.17p, the largest weekly increase since April, as Middle East tensions drive crude oil prices higher.
The RBA hoped this year’s three interest rate rises would tame inflation – but nothing is going their way
The Reserve Bank of Australia’s three interest rate increases this year have failed to control inflation amid global oil price shocks and supply chain pressures, with markets pricing in further hikes by month’s end.
Tax banks to cut energy bills, unions tell Andy Burnham
Britain’s trade unions are calling on Prime Minister Andy Burnham to introduce a subsidized energy tariff funded by increasing a bank surcharge, arguing it could help millions of households manage rising bills.
John Lewis losses widen to £124m as shopper confidence dips
John Lewis Partnership’s pre-tax losses widened to £124m in the first half of the year as higher costs and weak consumer confidence pressured results across its department stores and Waitrose supermarkets.
FEATURED
Business Articles
Pre8Us Relaunches to Empower SMBs with Cutting-Edge Agentic AI Solutions
FOR IMMEDIATE RELEASE Weston, FL – February 18, 2025 — Pre8Us, a pioneer in the integration and adoption of artificial intelligence in business operations, is excited to announce its strategic relaunch to focus exclusively on Agentic AI solutions tailored for small...
Foodie’s Guide: How To Craft Custom Credential Badges for Food Events
A recent YouGov survey found that 43% of consumers are more likely to attend food events than other conventions in the next 12 months. For any business seeking ways to increase brand visibility, a food festival can be an excellent way to attract target audiences....
How to Properly Research New Vehicles for Your Company Fleet
If your company is looking to replace the fleets of vehicles it uses, the first step is to research what type of vehicles would best suit the company and its needs. By adequately researching new vehicles, you can mitigate the risks associated with buying a vehicle...
7 Tips to Keep Company Vehicles on a Maintenance Schedule
Maintaining your company vehicles is an important part of running a successful business. However, staying on top of the necessary maintenance tasks and keeping the vehicles in good condition can be difficult. To make it easier to manage your vehicle upkeep, here are...