Business desk

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

UK Bookmakers Enter Deal with Offshore Casino Network

Three UK bookmakers signed a deal with the Santeda network, an offshore casino, revealed through the Casino Secrets leak.

Business

South Korea to invest $200 billion in US energy infrastructure

South Korea plans to invest up to $200 billion in U.S. energy infrastructure, including natural gas and nuclear projects.

Business

Trump announces South Korean investment in Alaska natural gas pipeline

Trump announced a $54 billion investment from South Korea in an Alaska natural gas pipeline project.

Business

Trump and Lutnick to announce US energy investments

President Trump is set to announce a significant investment in the Alaska LNG project, with South Korea contributing $54 billion to U.S. energy initiatives.

Business

Scottish Screen Sector Growth Raises Concerns About Local Employment and Tourism

Scotland's film and television production sector is growing significantly, raising concerns about local job opportunities and tourism impacts.

Business

EDF Energy CEO supports new oil and gas projects in North Sea

EDF Energy's CEO supports new oil and gas projects in the North Sea, claiming they align with net zero goals.

Business

Eric Cantor appointed president of PhRMA, a pharmaceutical trade organization

Eric Cantor has been appointed as the new president of PhRMA, the leading trade organization for the U.S. pharmaceutical industry.

Business

Boeing awarded $20 billion contract for Navy fighter aircraft

Boeing has been awarded a $20 billion contract to develop the U.S. Navy's next fighter aircraft.

Business

Boeing awarded contract for Navy's next fighter aircraft

Boeing has been awarded a contract to build the U.S. Navy's next fighter aircraft, valued at over $20 billion.

Business

Tilray invests £50m in BrewDog after acquisition

Tilray has acquired BrewDog and plans to invest over £50m to improve the brand.

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Business

Oura postpones stock market listing in the US

Oura has decided to postpone its planned stock market listing in the US.

Business

Soho House investigates mislabelled out-of-date food in kitchen

Soho House is investigating the mislabelling of out-of-date food in its kitchen following a former employee's video exposure.

Business

Work-cations are increasing in popularity as people combine work and travel

The trend of 'workations' is rising as people blend remote work with travel.

Business

Ban on $1 billion in Canadian imports takes effect

The U.S. has banned nearly $1 billion worth of Canadian goods, including dairy products, motor vehicles, and alcoholic beverages.

Business

Arizona tour company files lawsuit over national park fees for nonresidents

An Arizona tour company is suing the Trump administration over increased national park fees for nonresident visitors, claiming it has harmed their business.

Business

Nvidia increases stock buyback program by $150 billion

Nvidia is increasing its stock buyback program by $150 billion, raising the total to $235 billion.

Business

Analysis of potential US diesel export ban and its implications

A proposed diesel export ban in the US is being discussed to protect consumers from rising fuel costs, which could have significant economic implications.

Business

Trump announces $15 billion steel project in Iowa

President Trump plans to announce the construction of a $15 billion steel plant in Iowa, projected to be the largest in U.S. history.

Business

Developer withdraws plan for $1.2 billion datacentre in Sydney

Goodman Group has withdrawn plans for a $1.2 billion datacentre project in Lane Cove due to changes in government regulations.

Business

Lime Technologies reports increased profits and user growth in the UK

Lime Technologies reported a significant increase in profits and user growth in the UK due to a larger fleet of ebikes and scooters.

Business

Investment bankers and lawyers in London earn over £1bn from takeover deals

Investment bankers and lawyers in London have earned over £1bn from takeover deals amid a significant increase in mergers and acquisitions.

Business

A Gambler Receives VIP Status from DraftKings

A high-stakes gambler was awarded VIP status by DraftKings, raising concerns about the implications of such marketing practices.

Business

Individual Engages in Gambling Behavior, Receives VIP Status from DraftKings

An individual engaged in problematic gambling behavior with DraftKings and was awarded VIP status by the platform.

Business

Individual Reports Experience as VIP Member with DraftKings

An individual has shared their experience as a VIP member of DraftKings, revealing betting behaviors that resemble those of problem gambling.

Business

Former British Airways employee involved in legal dispute after job loss

A former British Airways cabin crew member is engaged in a legal dispute after being laid off following a long career.

Business

Data leak reveals confidential files of offshore gambling firms

A data leak has exposed confidential files of offshore gambling firms regulated by Curaçao, revealing potential illegal activities targeting consumers.

Business

Michigan CEO terminated after posting AI-generated family photo

Jane Smith, the CEO of Family First Credit Union in Michigan, was terminated after posting an AI-generated family photo that included controversial text.

Business

Appeals court rules on regulation of prediction markets

The 6th U.S. Circuit Court of Appeals ruled that states can regulate prediction markets like gambling, impacting the industry significantly.

Business

Costco to open 33 new warehouse locations

Costco plans to open 33 new warehouse locations in the upcoming fiscal year.

Business

Costco offers $60 shop cards to eligible members for a limited time

Costco is providing $60 shop cards to qualifying members as part of a promotional offer.