Business
Latest stories in this section, ordered by the original publication time from each source.
‘It’s Getting Unfriendlier’: International Students Race to Find Jobs
Students say they have been passed over for jobs and interviews because of visa restrictions. Some have a Plan B: leaving the United States.
Will a Ban on Bromated Flour Change New York Bagels and Pizza?
Bromated flour, which makes breads and crusts stretchy and springy (and cheap), is among the carcinogens forbidden in pending state legislation.
PM extends austerity drive till June 13 to deal with impact of Middle East war
Prime Minister Shehbaz Sharif on Monday extended the countrywide austerity drive till June 13. The Middle East war, which began with US-Israeli attacks on Iran on February 28, has given rise to a global oil crisis. In order to deal with the situation, the government had announced unprecedented auste...
AI-powered hacking has exploded into industrial-scale threat, Google says
Criminal groups and state-linked actors appear to be using commercial models to refine and scale up attacksBusiness live – latest updatesIn just three months, AI-powered hacking has gone from a nascent problem to an industrial-scale threat, according to a report from Google.The findings from Google’...
UK borrowing costs rise as Starmer speech fails to dispel investor ‘jitters’
Bond yields creep higher on concerns about potential for political instability and rising inflationBusiness live – latest updatesUK politics live – latest updatesThe cost of government borrowing has crept higher as Keir Starmer’s crucial speech failed to dispel investor “jitters” in the bond markets...
Oil prices jump after Trump dismisses Iran proposal to end war
The Strait of Hormuz waterway remains effectively shut, severely disrupting global energy shipments.
Britain Will Nationalize Its Last Major Steel Mill, Prime Minister Says
Keir Starmer, with thousands of jobs at stake, vowed to take full control of British Steel, a year after the government first intervened to keep its operations going.
Walmart, Target and Dollar General Spend Billions to Make Stores Look Nicer
Walmart, Target and Dollar General are among those investing in remodeling thousands of existing stores, even as shoppers take their dollars online.
Retail Giants Spend Billions to Make Stores Look Nicer
Walmart, Target and Dollar General are among those investing in remodeling thousands of existing stores, even as shoppers take their dollars online.
Trump Plans to Fire F.D.A. Commissioner Marty Makary
Dr. Makary has been a supporter of the Make American Healthy Again Movement but made some enemies in the administration over vaping, the abortion pill and rejections of new drugs.
SC dismisses appeals against SHC order in TRG shareholding dispute
The Supreme Court (SC) on Monday dismissed a set of appeals instituted by Greentree Holdings Limited (GTH) against a June order by the Sindh High Court (SHC), which had held that GTH shares were the property of private equity firm The Resource Group Pakistan (TRGP). The dispute revolves around a cha...
E.ON agrees to buy Ovo in deal to create UK’s biggest energy supplier
Acquisition would result in combined company serving about 9.6 million households if given regulatory approvalBusiness live – latest updatesThe German energy group E.ON has agreed to buy struggling UK rival Ovo in a deal that would create Britain’s biggest gas and electricity supplier by number of h...
Private Equity Lashes Out at New Research on Carried Interest
Estimates by researchers at Yale found that closing the carried interest loophole could lead to billions more in tax revenues than previously estimated.
NBC to Turn Wordle Into a TV Game Show
The word puzzle published by The New York Times is the inspiration for a game show that will begin airing next year. Jimmy Fallon is a producer.
Heathrow sees passenger dip amid Iran conflict
The west London airport said 6.7 million passengers travelled through Heathrow in April.
UK government borrowing costs rise as pressure mounts on Starmer, and oil price jumps – business live
Rolling coverage of the latest economic and financial newsStarmer faces fight to survive as Streeting and Rayner eye leadership bidsGovernment bond yields are rising across the board this morning, although UK debt is leading the losses.US and eurozone borrowing costs have also pushed higher, on conc...
Forget the AI job apocalypse. AI’s real threat is worker control and surveillance
A new divide is emerging: between workers who use AI at work and those who are managed by itThe real danger that artificial intelligence poses to work is not just job loss – it is the growing divide between people who use AI to extend their skills and those whose working lives are increasingly shape...
India shares, rupee fall on Modi's call for austerity, crude price spike
Indian shares fell on Monday and the rupee declined after Prime Minister Narendra Modi urged a spate of measures, including fuel conservation, fewer imports and gold purchases, as surging energy prices pressure foreign exchange reserves. India, the world’s third-biggest oil importer and consumer, la...
How Prepared Are We for A.I. Layoffs?
Our chief economics correspondent, Ben Casselman, describes how A.I.-related layoffs are testing the resilience of the government’s safety net programs.
Thinktank calls for ‘double lock’ England private rent cap to ease living costs
Influential IPPR proposes capping rents at whichever is lower of consumer price inflation or wage growthOne of the thinktanks closest to the Labour government is urging ministers to introduce private sector rent controls in England, as the chancellor weighs up how to ease a surge in living costs cau...
I don’t want to sound like a tub-thumping zealot … but it’s time to ban ads for gambling | Emma Beddington
I’ve had it up to here with Danny Dyer’s commercials for Paddy Power. The UK needs to take a tip from Amsterdam and rein in its advertisersAmsterdam’s new ban on public advertisements for meat and fossil fuel products makes me wonder whether we should be more ban-happy with ads in the UK. There are ...
British Steel to be nationalised, says Starmer
Keir Starmer has announced government plans to nationalise British Steel.
British Steel to be nationalised 'to make Britain stronger' says Starmer
Keir Starmer has announced government plans to nationalise British Steel.
Can you move your pension to dodge inheritance tax? Fraudsters say so
Criminals exploit confusion or anxiety over new IHT rules by offering a ‘safe haven’ for savings potsThe caller pitches a great deal. Shift the moneysaved in your pension and reinvest it in a scheme overseas where you can avoid it being caught under next year’s changes to the UK’s inheritance tax (I...