Trending Business News
Family offices back clean energy and sustainability startups in July as dealmaking holds steady
Family offices maintained steady dealmaking in July with 57 direct investments, showing particular interest in clean energy and sustainability startups amid growing demand for renewable power sources.
Ford’s new ‘Fathom’ electric pickup truck will start at $28,000
Ford announced its new midsize electric pickup truck, the Fathom, will start at $28,350, positioning it as an affordable option in the EV truck market.
Savers Value Village thrift store launches new AI tool to price items
Savers Value Village launches ThriftIQ, an AI-powered pricing tool designed to optimize product pricing across apparel and improve consistency across its thrift store operations.
Global food prices at three-year high as heatwaves and wars push up crop costs
Global food prices reached their highest level in three and a half years in July, driven by summer heatwaves, regional conflicts, and climate patterns affecting major crop-producing regions.
Rockstar Energy founder builds Celsius stake, wants to take over as CEO
Rockstar Energy founder Russ Savage has acquired a 4.7% stake in Celsius Holdings and is calling for the replacement of its CEO following the company’s recent earnings miss.
Stoke-on-Trent based Goodwin considers selling part of defence business
Stoke-on-Trent-based engineering firm Goodwin is considering selling a substantial portion of its mechanical engineering division, which supplies components to UK and US defence and nuclear programmes.
Burger King overtakes Wendy’s as the nation’s second-largest burger chain
Burger King has reclaimed the position of second-largest burger chain in the U.S. by systemwide sales, surpassing Wendy’s after six years of competition between the two chains.
Capital One says it closed Trump Organization accounts over money-laundering concerns
Capital One asked a federal judge to dismiss a lawsuit from the Trump Organization, arguing that hundreds of bank account closures in 2021 resulted from anti-money-laundering review rather than political retaliation.
Trump administration pays back $100bn in ‘Liberation Day’ tariffs to businesses
The Trump administration has refunded $100 billion in tariffs to businesses following a February Supreme Court ruling that found the original tariff policy unlawful, representing about 60% of collected revenue.
Lindt’s Easter chocolate sales fall after price hike
Lindt reported a decline in Easter chocolate sales after implementing an 11.8% price increase, prompting the Swiss chocolate maker to adjust pricing and boost marketing in certain regions for the remainder of the year.
Union plans East Midlands Railway strikes over train safety concerns
The RMT union announced strike action for East Midlands Railway staff over safety concerns with the new Aurora train fleet, scheduled for August 1 and the following two Saturdays.
Airbus to test folding wings for next generation of bestselling planes
Airbus will test folding wings on its bestselling A321neo aircraft to address airport capacity constraints while improving fuel efficiency through longer, lighter composite wing designs.
Goldman Sachs creates private markets platform as rich investors seek the next SpaceX and Stripe
Goldman Sachs established a new alternative investments platform to help wealthy clients gain direct stakes in fast-growing private companies like SpaceX and Stripe before they go public.
Why Andy Burnham will find it so tricky to unite Britain
Britain faces multiple social divisions spanning values, geography, and culture, presenting new Prime Minister Andy Burnham with significant challenges in forging national unity through a focus on local communities.
The threat to summer holidays looming with jet fuel shortages
Jet fuel prices have surged over 120% since a Middle East conflict disrupted supplies, threatening airline operations and summer holiday travel with potential shortages by June.
How big is the great wealth transfer? It could be over $100 trillion or $36 trillion
Two studies present vastly different estimates of the great wealth transfer from baby boomers to heirs, ranging from $36 trillion to over $100 trillion, sparking debate about its economic impact.
Chinese automakers are taking on the UK — and many Brits are embracing it
Chinese-made vehicle sales in the UK have surged dramatically, reaching 285,000 units last year, with consumers citing competitive pricing and advanced technology as key advantages.
South East Water warns over survival as funds dry up
South East Water warned of material uncertainty regarding its survival, stating it needs new loan facilities after July 2027 as losses widened to £33m amid service failures and regulatory fines.
Brewdog founder James Watt faces data complaints over efforts to buy back firm
Brewdog co-founder James Watt faces complaints to the UK data watchdog after reportedly contacting former shareholders while attempting to buy back the craft brewery months after its acquisition by US drinks firm Tilray.
Chinese firm seeks compensation over British Steel nationalisation
China’s Jingye Group, former owner of British Steel, announced plans to pursue legal compensation following the UK government’s decision to nationalise the loss-making Scunthorpe steelworks.
Why Andy Burnham will find it so tricky to unite Britain
Britain faces multiple social divisions spanning values, geography, and culture, presenting new Prime Minister Andy Burnham with significant challenges in forging national unity through a focus on local communities.
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4 Tips for Supplement Manufacturers
If you're a fan of healthy living, you've probably had a few encounters with the world of supplements. After all, supplements have such an influence on the health and wellness industry these days, so if you're at all into healthy life—regular workouts, eating well,...
Business Management: Keeping Your Bases Covered as a Startup Owner
When it comes to running just about any business, trying to deal with a startup in the middle of a competitive business landscape can be a harrowing ordeal. Not only do you have to ensure that your company offers competitive rates for services, but you also have to...
Top 10 Reasons Why Scrum Works
In the fast-paced world of today, companies need project management approaches which balance flexibility and discipline. This is what led to the breakthrough that we call Agile. Scrum is an Agile framework that uses an iterative approach which emphasizes that small...
Variables to be aware of when negotiating
When negotiating you may not consider certain factors such as the time of day, the time of the week, upcoming events, competitor pricing, the other party’s process, gamesmanship, deadlines and tactics. But you should consider all of those things, and more! On top of...