Business

Thames Water’s accelerating cash burn exacerbates debt woes

Utility must extend £530mn credit facility due in two weeks to have enough cash to last into 2025

Uninsurable homes are selling for all cash at a deep discount

More than six million homeowners are uninsured, and $1.6 trillion worth of uninsured homes are at risk. Read More

Brett Favre reveals Parkinson’s diagnosis during hearing on welfare funds scandal

Parkinson’s disease is a progressive disorder that affects the nervous system and causes nerve cells to weaken in parts of ...

Prince Harry takes on social media giants over youth mental health crisis

“This is not free will,” Harry said. Read More

Want to be a tech company? Build with value in mind

To become a tech company, you need to deploy tech in a way that boosts profits and performance. There are ...

Nvidia shares pop as CEO may be done selling shares after hitting preset plan limit

The 61-year-old executive adopted a trading plan for the sale of up to 6 million Nvidia shares, and he has ...

Three stocks have formed the bullish ‘golden cross’ stock pattern during market breakout

The “golden cross” pattern occurs when an asset’s 50-day moving average rises above the longer-term 200-day moving average, signaling a ...

Goldman’s Kostin predicts S&P 500 reaching 6,000 mark

The firm’s chief US equity strategist expects the S&P 500 Index to trade around the 6,000 level a year from ...

Avanti will not lose UK West Coast rail line early despite poor record

Ministers have found no legal grounds to strip operator of contract early under Labour’s nationalisation plans

No way out: Diddy stuck in Brooklyn prison dorm with crypto crook Bankman-Fried

The disgraced celebrities have reportedly been moved to the same unit of the Metropolitan Detention Center as they await ongoing ...

Elliott to call for Southwest special meeting ‘as soon as next week’

Elliott Management said Tuesday it will call a special meeting at Southwest Airlines as soon as next week.

Can Andrea Orcel be stopped from buying Commerzbank?

UniCredit chief faces stiff opposition from German government and irritation within the ECB

Coursera CEO: AI won’t replace teachers—but it will transform education

‘The emotional intelligence, empathy, and mentorship that teachers provide remain irreplaceable,’ writes Coursera CEO Jeff Maggioncalda. Read More

Trump plans to take jobs from other countries and bring them to US

Trump wants to lure foreign companies by offering them access to federal land Read More

Bernie Sanders grills Ozempic maker over high prices, accuses company of endangering lives

The Vermont senator pressed Jorgensen on his indirect answers and refusal to respond to his questions. Read More

Joe Biden makes plea for democracy in final address to UN General Assembly

Outgoing US president calls for peace in Middle East and Ukraine, but without offering solutions

Caroline Ellison wrote a Bridgerton-esque romance novel while waiting to be sentenced over FTX

She’s also helped her professor parents write a math textbook, and another novel is in the works, her mother wrote ...

Stop romanticizing in-office watercooler talk. As a fully distributed company of 12,000 people, here’s what really works

Serendipitous in-office interactions are fun, but they have an adverse effect on the people who weren’t in that conversation. Read ...

Over 400 economists, former White House advisers endorse Harris, warn against Trump policy agenda

Vice President Kamala Harris and Donald Trump have both attacked each other’s economic plans as costs of living remain voters ...

Mark Zuckerberg is now in an exclusive club with only two other members: Elon Musk and Jeff Bezos

The CEO of Meta is now worth a whopping $200 billion. Read More

Israel kills top Hizbollah commander in new Lebanon strike, IDF says

Attack targeted head of militant group’s missiles division in latest round of bombardment

Sam Altman says AI superintelligence could be just ‘a few thousand days’ away

OpenAI CEO touts upcoming changes. Read More

Stocks making the biggest moves midday: Visa, Smartsheet, JD.com and more

These are some of the stocks posting the largest moves in midday trading.

Trump to propose protectionist plan for ‘new American industrialism’

Ex-president vows tariff-heavy manufacturing policy as White House race starts to focus on economy

Its strategy may lie in ruins, but Hizbollah will not admit defeat

There is a short window for international diplomacy to find a face-saving formula for the Iran-backed militant group

Kmart, which once had over 2,000 locations, just closed its last major U.S. store

The former retail giant was renowned for its Blue Light Specials. Read More

France’s new government considers tax rises on businesses and the rich

New finance minister says ‘targeted levies’ on wealthiest households and corporations are being studied

Perfectionism is not healthy or sustainable. Here’s what to strive for instead

There is a problem with tying our self-worth to our achievements so much that we fear to make mistakes. Read ...

GB Energy will be based in Aberdeen, says Starmer

Decision is boon for Scottish city as industry warns of job losses from North Sea transition

A market hedge using options with the S&P 500 up nearly 20% for the year heading into October

Jeff Kilburg breaks down a so-called risk-reversal trade in the S&P 500 SPDR fund.