Netflix co-founder Reed Hastings is stepping down as chairman of the company he founded in 1997. Al Jazeera reports the company's stock plunged about 8 percent on the news and also notes the loss of a Warner Bros deal as...
BBC Business reports that the conflict involving Iran could disrupt supplies of fizzy drinks, salad, and meat in the UK. The BBC's Emma Simpson explains how the Gulf conflict may affect these consumer goods....
Former Treasury Secretary Henry Paulson called on U.S. policymakers to develop an emergency contingency plan in the event that demand for U.S. government bonds collapses. Paulson warned that a breakdown in the Treasury m...
Netflix reported stronger-than-expected profits, boosted by a recent price increase and a $2.8 billion termination fee received after a Warner Bros. bidding war. Both MarketWatch and the Financial Times confirm that foun...
Israel has agreed to a ceasefire with Hezbollah in Lebanon, the Financial Times reports. The deal could increase the prospects of securing a permanent end to the broader conflict between the US and Iran....
The S&P 500's recent recovery reversed a slow grind lower from its January peak in just a couple of weeks, an unusually fast turnaround that inverts the typical market pattern of gradual rises and sudden drops. Analysts ...
A jury ruled that Live Nation operates as an illegal monopoly, but analysts say an actual breakup with Ticketmaster is improbable. The more likely outcomes are additional damages and penalties, and shares of the concert-...
Senate Democrats have urged Republican leaders to postpone confirmation hearings for Kevin Warsh, Trump's nominee to lead the Federal Reserve. The Financial Times highlights Democratic concerns over $100 million in asset...
American oil company bosses are stepping up lobbying efforts to convince the Trump administration not to allow Iran to levy tolls on traffic through the Strait of Hormuz. Executives argue that ceding control of the strat...
BBC Business surveyed supporters of President Trump at the largest conservative gathering in the US. Attendees voiced their views on Iran, economic policy, and immigration, with the BBC assessing whether Trump is meeting...
Next chief executive Simon Wolfson took home £7.4 million last year, his highest ever pay package, as the retailer cited 'sustained outperformance.' The company announced plans to raise his basic salary and bonuses furt...
Former UK ambassador to the US Peter Mandelson failed Cabinet Office vetting, according to the Financial Times. Conservatives are accusing Prime Minister Sir Keir Starmer of misleading parliament over the circumstances o...
Prime Minister Keir Starmer told social media companies that tougher age verification standards, comparable to those used by OnlyFans, should become the norm. Starmer said 'things can't go on like this' during a meeting ...
MarketWatch highlights two common financial errors retirees make, describing savers who hoard wealth without spending it as 'King Tut subjects — buried with their gold.' The piece offers guidance on how retirees can av...
The Guardian's Nils Pratley argues that the government's British Industrial Competitiveness Scheme (BICS), offering up to 25% cuts in electricity bills for select manufacturers, falls well short of what is needed to genu...
UK minister Kanishka Narayan said British firms 'should be worried' about the competitive threat posed by Anthropic's newest AI model, urging the country to seize related opportunities. The warning came as the government...
PepsiCo reported that recent price reductions and a wellness-focused product push have reversed customer losses, sending shares sharply higher. The company also noted it has so far seen limited impact from the Iran war o...
The Financial Times argues that the Mythos cybersecurity incident underscores the growing strategic importance of access to frontier AI models. As AI capabilities advance, securing access to leading technology is becomin...
Metro Bank chief executive Dan Frumkin was awarded a £2.6 million pay packet — the largest in the bank's history — just a year after cutting 1,000 jobs following the lender's near collapse. The figure is more than d...
A businessman has pleaded guilty to making fictitious statements to shut down the Heaven nightclub in London, with police believing the complaints were AI-generated. The Metropolitan Police says AI-fabricated licensing c...