BUSINESS

JPMorgan CEO Jamie Dimon warns higher financial sector taxes could hinder UK investment, impact plans for a new London HQ, and affect the broader economy.

The Walt Disney Company is undergoing another restructuring phase, resulting in significant job cuts across its divisions, with Pixar and ESPN being the most affected. This marks the third round of layoffs this year.

Despite 'Toy Story 5' nearing £718 million globally, Pixar faces layoffs as Disney restructures. The cuts, affecting production roles, reflect a shift towards established franchises and quality over volume.

Jamie Dimon says markets are too optimistic and explains why he isn't buying stock indexes or long-term Treasury bonds.

Jamie Dimon warns Andy Burnham that Britain needs stronger economic growth, as soaring debt, bond-market pressure and competing spending demands threaten the new PM's ambitious plans.

JPMorgan's Jamie Dimon says he would not buy US stocks or long-dated Treasuries now, warning markets underestimate geopolitical and fiscal risk.

Carlex Glass America is closing its Vonore, Tennessee plant, affecting 325 jobs, as part of a strategic shift towards expanding its Nashville operations.

UK CFOs are prioritising AI investment over hiring new graduates, as revealed by Deloitte's survey. Learn how this shift impacts young jobseekers and the future of UK business technology.

A groundbreaking lawsuit against Meta alleges AI-driven discrimination in layoffs during protected leave. Explore the court's stance and Meta's response in this key case on AI and employment law.

Hollywood director Christopher Nolan has amassed a $300M net worth through blockbuster movies and strategic profit-sharing deals, as his latest film, 'The Odyssey', receives critical acclaim.

AMC stock is surging on record results. Learn which films really powered the period, which blockbusters come next, and why the business is not yet making a profit.

Disabled Americans were wrongly denied Medicaid by Deloitte-run eligibility systems, a KFF investigation found, as states race to add work requirement checks to error-prone software.

The Bank of England says growing dependence on AI and cloud providers could make future financial shocks spread faster.

Andy Burnham signals tax relief and cost-of-living reforms in his first days as PM, but admits delivering lower taxes will require difficult economic choices.

Elon Musk refuted a viral claim that SpaceX ordered $52 billion worth of AI servers from Foxconn, highlighting the rapid spread of unverified information on social media.

The India-UK trade deal, effective from 15 July 2026, cuts tariffs, lowers prices on select goods, and creates new opportunities for businesses and consumers in both countries.

Samsung is relocating its U.S. headquarters from New Jersey to Texas, cutting over 800 jobs as it shifts focus towards AI-driven growth, reflecting a broader industry trend.