BUSINESS

Michael Jordan's NASCAR antitrust lawsuit trial finally opened. Denny Hamlin, who co-owns 23XI Racing with Jordan, testified and broke down in tears.

Giuliano de Leon Dec 02, 2025

Elon Musk says AI will redefine global wealth creation, with the next generation of billionaires emerging from companies that control chips, platforms and user-facing AI systems.

David Unyime Nkanta Dec 02, 2025

Netflix's intensified 'mostly cash' bid for Warner Bros. Discovery could trigger one of Hollywood's biggest-ever shake-ups, redefining content production, distribution, and the future of global streaming.

Adrienne Martinez Dec 02, 2025

Costco seeks a full refund of tariffs paid this year, pending the US Supreme Court's decision on Trump's authority to impose tariffs.

Niloy Chakrabarti Dec 02, 2025

Musk says effective philanthropy is 'extremely difficult' as scrutiny grows of donations following his historic Tesla compensation deal.

Andrea Trinidad Dec 02, 2025

K&W Cafeterias abruptly closed all nine locations on 1 December, ending 88 years of Southern dining tradition and leaving over 300 workers unemployed.

Jim Manzon Dec 02, 2025

Apple announced the retirement of Senior Vice President of Machine Learning and AI Strategy John Giannandrea along with the appointment of AI researcher Amar Subramanya

Frederick Marvin Lumba Dec 02, 2025

AT&T has agreed to a $177 million (£133.9 million) class-action settlement for two 2024 data breaches, potentially compensating affected current and former US customers up to $7,500 (£5,600), with claims due by 18 December 2025.

Trisha Kae Andrada Dec 02, 2025

MongoDB's Q3 revenue grew 30% as AI hype stocks collapsed, revealing a divide: enterprise infrastructure demand accelerates while consumer AI faces valuation fears.

Will Lorca Dec 02, 2025

Eli Lilly slashes Zepbound to £227 ($299) monthly for US cash payers, but just £31 ($41) in India – though £241 ($319) in Japan.

Jim Manzon Dec 02, 2025

Starbucks agrees to a historic £28 million ($35.5 million) settlement after New York City found the company cut hours, changed schedules without notice and violated worker protection laws more than 500,000 times.

Crisnel Longino Dec 02, 2025

XLight, a 2021 US chip startup, is receiving a £120m boost from the Donald Trump government. Here is what the technology company does and why the funding matters.

Tanmay Puri Dec 02, 2025

Elon Musk confirms Tesla will 'never' make an electric motorcycle, citing a traumatic childhood accident as the personal and safety-based reason for his definitive veto on the concept.

Catherine Armecin Martin Dec 01, 2025

Initial results claim that the Airbus software glitch was caused by solar flare. Now, airlines are highly urged to revert to older, but more stable version of the software.

Giuliano de Leon Dec 01, 2025

AirAsia founder Tony Fernandes reveals how AirAsia saved 96 jets in 25 hours after a late-night Airbus warning threatened to ground thousands of A320 aircraft worldwide

Andrea Trinidad Dec 01, 2025

Elon Musk warns H-1B visa 'gaming' is harming the system but says shutting it down would be disastrous for US innovation, urging reform over abolition.

David Unyime Nkanta Dec 01, 2025

Crypto ATMs face global scrutiny as fees surge above 20% and scams escalate, prompting regulators like the FCA to warn consumers of severe safety risks.

Shyna Mae Deang Dec 01, 2025