Business

Reform UK calls for Thames Water to be renationalised

Populist party’s deputy leader says heavily indebted utility should ‘be put out of its misery’

Trump is the poster child of DEI

His incoming administration illustrates the benefits of diversity

Trump election win sparks trading surge for banks and brokers

Markets activity ‘exploded’ as traders bet on a more business friendly approach by incoming administration

China’s Trump cards in the coming trade war escalation

US policymakers should think more about retaliatory responses to probable tariff increases

Does the UK have enough workers to ‘get Britain building’?

The Labour government dreams of kick-starting a housebuilding boom, but the construction sector relies heavily on migrants to plug a ...

Reeves dismisses calls for HS2-style Birmingham to Manchester line

Chancellor does not want to give ‘false hope’ to proponents of partially private-funded rail link

China vows bigger fiscal spending to boost consumption next year

Top officials vowed to raise the fiscal deficit target next year following a two-day huddle of the Central Economic Work ...

MyPillow CEO Mike Lindell sues a merchant cash advance firm over a ‘sham’ loan that had a 409% interest rate

Lindell’s company had to turn to a merchant cash advance provider, which are considered payday lenders for businesses. Read More

BlackRock recommends investing no more than 2% of your portfolio in Bitcoin

A new report says investing more than 2% sharply increases risk. Read More

Starbucks gives baristas smaller pay raises after tough year

Pay increases will generally range from 2% to 3% depending on seniority. Last year, 3% was the minimum. Read More

Lessons from a shocking CEO murder

America’s toxic discourse means companies cannot be complacent about executive security

Stanley recalls popular travel mug sold at Walmart, Amazon, and Target over burn injuries

Stanely encouraged owners of the mugs to immediately stop use and reach out for a free replacement lid. Read More

Why a chief security officer spent $20 to create a deepfake of his CEO

Cybersecurity professionals are seeing more deepfakes in the wild and consider hackers producing digital clones of their CEOs to be ...

Ministers consider weakening rights of communities to block clean-power projects

UK government exploring rule change to limit use of judicial review to challenge large infrastructure projects

FHA loan vs. conventional loan: What homebuyers should know

FHA home loans can be a good option for first-time homebuyers, as well as those with lower credit scores, as ...

Can Farage turn Reform into a serious contender for government?

Support for the rightwing populist party is growing fast but its path to power remains rocky

ServiceTitan shares pop 42% in debut

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UnitedHealthcare CEO’s death is being mocked on LinkedIn—a move that could hurt careers, says HR expert

The comments will live in perpetuity on platforms like LinkedIn. Read More

Gen Z and Gen Alpha teens say YouTube is their go-to social app—and Elon Musk’s X is fading into irrelevance

X saw the biggest decline among teenage users. Only 17% of teenagers said they use X, down from 23% in ...

Everything we know so far about the mysterious drones that keep appearing in New Jersey

Authorities say they do not know who is behind the drones. Read More

Amazon’s AGI boss: You don’t need a PhD in machine learning to build with AI anymore

“The bar to build with AI has suddenly reduced,” Rohit Prasad said at Fortune’s Brainstorm AI conference this week in ...

British hedge fund trader jailed in Denmark over ‘cum-ex’ tax fraud

Sanjay Shah receives 12-year sentence for masterminding scheme that led to billions in refunds of non-existent tax payments

Chanel appoints Matthieu Blazy to fashion’s most coveted position

The Franco-Belgian Blazy had worked for Maison Margiela, Celine and Calvin Klein before joining Bottega Veneta in 2020 and quickly ...

It’s ‘Fast and Furious’ meets ‘Groundhog Day’ in AI

New AI-powered products are being launched at a frenetic pace, but product differentiation proves elusive. Read More

Big Tech wants AI data centers now. The reality: Clean energy infrastructure can take a half-decade or more to build

Big Tech’s race to power AI data centers has hit a bottleneck: Clean energy infrastructure moves at a snail’s pace ...

David Bonderman hailed by everyone from Goldman Sachs CEO to NHL players as PE pioneer passes away at 82

Seattle Kraken is currently led by Samantha Holloway, Bonderman’s daughter. Read More

The Walton family is the world’s richest as soaring Walmart shares drive the heirs’ net worth to $432 billion

Walmart’s stock price rose 80%, driving gains in the Walton dynasty’s net worth. Read More

BuzzFeed sells brand behind ‘Hot Ones’ to Soros fund affiliate for $82.5 million

The buyers include an affiliate of Soros Fund Management, progressive podcast company Crooked Media and Mythical Entertainment. Read More

Mortgage rates are going down, but U.S. home sales are still on track for the worst year since 1995

The average rate on a 30-year mortgage in the U.S. eased for the third week in a row. Read More