Business news, explained for your life

Layoffs, mergers, supply chains, and the companies whose decisions show up in your job or your grocery bill. No stock tips, no cheerleading.

Business

Airtel Money plans IPO on London Stock Exchange

Airtel Money plans to launch a $9 billion IPO on the London Stock Exchange.

Business

Uber explores hybrid model of human drivers and robotaxis for driverless services

Uber is investing in a mixed network of human drivers and autonomous vehicles to enhance its robotaxi services.

Business

Settlement reached for Paramount and Warner Bros. merger

Paramount Skydance and state attorneys general reached a settlement to clear regulatory hurdles for their merger with Warner Bros. Discovery.

Business

Consulting firm sues co-founder over alleged embezzlement

A consulting firm is suing its former co-founder for allegedly embezzling millions of dollars.

Business

CVS customers may be eligible for payments from class action settlement

CVS has reached a $20.5 million class action settlement that may provide payments to eligible customers.

Business

DoorDash to pay $131.5 million settlement for New York wage violations

DoorDash will pay a $131.5 million settlement for wage violations affecting delivery workers in New York.

Business

European pharmaceutical companies call for action to compete with US and Chinese firms

European pharmaceutical companies are urging national leaders to take action to maintain competitiveness against US and Chinese firms.

Business

Indian Artisans Contribute to Global Luxury Fashion

Indian artisans are increasingly recognized for their contributions to luxury fashion, using traditional techniques in high-end designs.

Business

Trump announces deal to purchase fertilizer from Belarus amid Canada trade dispute

Trump announced a deal for the U.S. to purchase potash fertilizer from Belarus amid a trade dispute with Canada.

Business

CDU faces significant losses in regional elections as automotive workers protest

The CDU party suffered significant losses in regional elections while automotive workers protested against job cuts amid rising competition from Chinese electric vehicle manufacturers.

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Business

Airlines request improvements following UK flight disruptions

Airlines are requesting improvements to air traffic control services following significant flight disruptions caused by a technical issue.

Business

New rules on flight delays and cancellations to take effect next month

New regulations on flight delay and cancellation compensation are set to take effect next month.

Business

Buc-ee's plans to open additional store locations in the near future

Buc-ee's plans to open additional store locations in the near future.

Business

Dodgers owner Mark Walter sued for not disclosing federal investigation

Mark Walter, owner of the Dodgers, is being sued for allegedly failing to disclose a federal investigation related to his business dealings.

Business

CFDA CEO Steven Kolb resigns after confrontation with activists at fashion week

Steven Kolb resigned as CEO of the CFDA after a confrontation with animal rights activists at fashion week.

Business

Jim Ratcliffe comments on UK's economic challenges and immigration

Sir Jim Ratcliffe commented on the UK's economic decline due to high taxes and immigration.

Business

Harrods seeks compensation recovery from Mohamed Al Fayed’s estate

Harrods is seeking to recover compensation costs from Mohamed Al Fayed's estate for settlements made to women who alleged sexual abuse.

Business

Warren Buffett resigns from Berkshire Hathaway after decades of leadership

Warren Buffett has resigned from his role at Berkshire Hathaway after decades of leadership.

Business

Software error in UK air traffic control system caused flight disruptions

A software error in the UK air traffic control system caused a six-hour outage, leading to numerous flight cancellations and delays.

Business

Marks & Spencer hosts fashion show at London Fashion Week

Marks & Spencer hosted its first runway show at London Fashion Week, featuring affordable fashion pieces.

Business

Warren Buffett resigns as chairman of Berkshire Hathaway after over 50 years

Warren Buffett is resigning as chairman of Berkshire Hathaway after over 50 years.

Business

Warren Buffett resigns as chairman of Berkshire Hathaway

Warren Buffett has resigned as chairman of Berkshire Hathaway, passing the role to his son Howard.

Business

J.P. Morgan comments on uncertainty in oil markets amid Iran conflict

J.P. Morgan analysts express uncertainty in oil market predictions due to ongoing supply disruptions from the Iran conflict.

Business

J.P. Morgan highlights uncertainty in oil market dynamics

J.P. Morgan analysts express uncertainty about the oil market due to disruptions from the Iran conflict, affecting future oil prices.

Business

Oil market faces uncertainty amid Middle East disruptions

J.P. Morgan analysts express uncertainty about the oil market due to ongoing conflicts in the Middle East, particularly affecting the Strait of Hormuz.

Business

Oil market analysts express uncertainty amid ongoing geopolitical tensions

J.P. Morgan analysts express uncertainty about the oil market's future due to ongoing geopolitical tensions in the Iran conflict.

Business

Retail sales in Great Britain increase by 0.5%

Retail sales in Great Britain rose by 0.5% in August, driven by increased purchases of sports items and cooling appliances during heatwaves.

Business

T-shirt designs claimed to be stolen and sold on Temu by Australian label

An Australian T-shirt designer discovered his designs were stolen and sold on Temu, likely using AI technology to replicate them.

Business

Ministers urged to present a plan for British Steel amid rising costs

The government spending watchdog has reported increasing costs associated with maintaining British Steel, which was taken into public ownership to protect jobs.

Business

Next raises profit forecasts due to increased sales from warm weather

Next has raised its profit forecasts due to increased sales linked to warmer weather.