Business

A collection of 270 posts

Business

Motherwell named top place to buy in Britain for 2026, Zoopla analysis finds

New analysis by Zoopla has identified the best places to buy a house in Britain for 2026, naming the Scottish town of Motherwell — with an average house price of £134,700 — as the top location, Independent.co reported. Nine of the top 10 locations with the strongest prospects are in

Business

New York Fed's Williams signals little urgency for further rate cuts

John C. Williams, president of the Federal Reserve Bank of New York, said on Monday he saw little urgency to lower interest rates again, reinforcing expectations that the Fed will hold borrowing costs steady at its meeting on Jan. 27–28. Williams said the central bank was "well positioned&

Business

Swiss brand On scales up robotics and design to take on Nike and Adidas

A robot leg builds a nearly finished £300 sports shoe as On, the Swiss sportswear brand, leans on high-tech manufacturing and fashion collaborations to expand against giants such as Nike and Adidas. The company, which teamed up with Roger Federer and works with partners including LOEWE, Zendaya, FKA twigs and

Business

Paramount to nominate directors and sues Warner Bros. Discovery over Netflix deal

Paramount on Monday escalated its hostile bid for Warner Bros. Discovery, saying it would nominate directors to the company’s board and filing a lawsuit demanding more information about how Warner Bros. decided that Netflix’s bid was superior. The Warner board last week rebuffed Paramount’s $108 billion offer

Business

Trump administration nears trade deal with Taiwan tied to TSMC U.S. expansion

The Trump administration is completing a trade deal with Taiwan that would cut tariffs on the island’s exports and secure a commitment from Taiwan Semiconductor Manufacturing Corporation to invest significantly more in the United States, according to three people familiar with the matter. People familiar with the negotiations said

Business

Trademark filings point to 'Enchanted Parks' branding for multiple Six Flags sites

New trademark applications reviewed by People show Enchanted Parks Holdings, LLC filed nine trademark applications between Jan. 8 and Jan. 9 that suggest potential name changes or sales for several Six Flags properties across the country. The filings include Enchanted Parks, Enchanted Parks St. Louis, Enchanted Parks Michigan Adventure, Enchanted

Business

Colgate-Palmolive keeps humans central to its AI strategy, CDAO says

Colgate-Palmolive says it keeps humans in the loop across all its AI work to drive business value, Diana Schildhouse, the company's chief data and analytics officer, told ZDNET in a one-to-one video interview. Her team builds, deploys and embeds AI-enabled solutions globally, taking a human-centered approach that begins

Business

U.S. incubators and accelerators invited to 2026 ranking

Time is publishing its inaugural ranking of America’s Top Incubators & Accelerators in 2026, in partnership with data firm Statista. The list will spotlight the country’s most effective programs for founders and aims to help entrepreneurs and investors identify organizations that offer incubation and acceleration programs that deliver

Business

Markets slip after DOJ opens criminal inquiry into Fed chair Jerome Powell

Stocks, the dollar and U.S. government bonds fell on Monday after federal prosecutors opened a criminal investigation into Jerome H. Powell, the chair of the Federal Reserve, and gold reached a fresh record high as investors reacted to the news. The S&P 500 was set to open

Business

Wayfair marks down under‑bed storage containers, deals start at $5

People reports Wayfair is offering discounted under‑bed storage containers, with plastic, metal, fabric and woven options currently marked down for up to 60 percent off. Deals highlighted include Sterilite Plastic Storage Containers for $82 (orig. $140), the Happimess Adaline Classic Farmhouse Under‑Bed Bin for $52 (orig. $131), Rebrilliant

Business

EU and China set guidance for voluntary limits on Chinese electric-car imports

The European Commission and China’s Ministry of Commerce on Monday issued guidance that could let some electric vehicles imported from China avoid Europe’s anti-subsidy tariffs if automakers volunteer limits on shipments and set minimum prices. The arrangement could notably affect Volkswagen’s Cupra Tavascan, the commission said. The

Business

Venezuela’s potential oil return deepens glut weighing on US shale producers

US shale-oil producers were already facing four-year low prices, and the US capture of Venezuelan president Nicolaá Maduro and his wife, Cilia Flores has renewed investor concern, hitting the share prices of independent frackers such as Diamondback Energy and Devon Energy, the outlet said. Fracking supplied 64% of US crude

Business

Europe’s SMEs turn to online lending as bank credit tightens

Beincrypto reports that Europe’s small and medium-sized enterprises are increasingly turning to online lending platforms and crowdlending as access to traditional bank finance tightens. SMEs are central to the EU economy: according to the European Parliament, in 2025 the bloc had approximately 26.1 million SMEs employing more than

Business

Gold nears $5,000 as silver tops $82 and dollar weakens

Beincrypto reports that gold broke above $4,560, nearing $5,000, while silver topped $82 in a historic rally as capital flowed into hard assets. The U.S. dollar weakened during recent geopolitical tensions, diverging from its traditional safe-haven role; the U.S. dollar index dipped to 98.53. Analyst

Business

GM records $6 billion write-down as US EV plans shift

General Motors recorded a $6 billion write-down as it changed its domestic electric-vehicle plans, the article said. Despite those costs, 2025 was not a terrible year for the company: it grew US sales by 6 percent, and in China more than half of the 1.9 million vehicles it sold

Business

Amazon customer blocked from refund after phone marked ‘may be lost’

A London customer who ordered a £544 phone from Amazon says a tracking update later informed them the parcel “may be lost” and offered a refund, but the company then required them to follow a series of steps that stalled the claim. They say pressing the refund option led to

Business

Polymarket and Kalshi traders shrug off Fed chair exit risk

Traders on Polymarket and Kalshi are shrugging off the idea that a criminal investigation into the chair of the Federal Reserve would have him removed from his role early. The comment refers specifically to traders on those two platforms and their reaction to the possibility of early removal. The provided

Business

Passengers denied compensation after Stansted and Heathrow disruptions

Passengers report being left out of pocket after incidents at Stansted and Heathrow prevented them reaching departure gates in time, and say they have been unable to obtain compensation. One traveller said that in September a fire in a Stansted departure lounge closed the terminal, forcing them to wait outside

Business

Retiree's civil service pension delayed five months before £21,300 backpayment

A former civil servant in Manchester (PE) says they retired five months ago and had not received their pension from the Civil Service Pension Scheme (MyCSP). They say they complained to MyCSP repeatedly but received no reply. The Pensions Ombudsman told them it needs evidence that MyCSP has not responded

Business

Allegiant to acquire Sun Country Airlines in $1.5 billion deal

Allegiant Travel said on Sunday that it plans to buy Sun Country Airlines in a $1.5 billion deal, combining the two small, budget carriers. The transaction, which Allegiant said will be paid for with stock and cash and includes $400 million of Sun Country’s debt, comes as low-cost

Business

Anna Tims publishes 2025 dishonours list for worst customer service failures

Anna Tims, the Guardian's consumer champion, published her 2025 "dishonours" list highlighting companies and public bodies she says delivered poor customer service this year. Tims catalogued recurring problems across sectors: energy firms with billing and phantom account dramas, insurers that stall on claims, and travel and

Business

Netflix to pay crew bonuses for Affleck and Damon’s 'The Rip'

Netflix agreed to pay the entire production crew of Ben Affleck and Matt Damon’s new film, The Rip, a one-time bonus if the movie performs well on the service, the companies said. The film is set to debut on Netflix next Friday. Under the Artists Equity contract, all 1,

Business

Bill Gates Donates $7.9 Billion to Melinda French Gates's Foundation

Bill Gates donated nearly $8 billion to the private foundation of his ex-wife, Melinda French Gates, according to a tax filing reviewed by The Times’s Theodore Schleifer. The filing shows a $7.88 billion payment in 2024 to Pivotal Philanthropies Foundation as part of the couple’s divorce settlement.

Business

China Holds Economic Foothold in Latin America as Trump Targets Venezuela

China has built a dominant strategic position in Latin America as the region’s leading lender and trading partner, and it is watching President Trump’s power grab in Venezuela and his broader push against Chinese influence closely. Chinese trade with the region grew to more than $500 billion in

Business

Gen Z investors move from meme-stock trading to index funds and retirement accounts

Many Generation Z investors who jumped into the markets during the pandemic-era meme stock craze have shifted toward traditional, long-term strategies such as index funds and retirement accounts. The change is reflected in individual stories like that of Mamadou-Hady Sow, who opened a brokerage at 18, bought cryptocurrency and stocks