BUSINESS

The challenge of homeownership in the US is that rising wages lag behind soaring property prices. Discover which Midwest cities offer affordable options amid the national crisis.

The Los Angeles Lakers have laid off at least 15 employees as new owner Mark Walter restructures the team, shifting from a family-run model to a corporate, data-driven approach.

Greg Lindberg, a self-proclaimed billionaire, was sentenced to 12 years for diverting $2 billion in one of the largest insurance frauds and attempting bribery. Learn how policyholders were affected.

China's rapid advancements in electric vehicles and automotive technology are challenging Western and Japanese carmakers, reshaping the global automotive industry and sparking a race for technological dominance.

HealthSplash CEO Brett Blackman was convicted of orchestrating a $1 billion Medicare fraud scheme, involving false prescriptions and illegal kickbacks, targeting vulnerable senior citizens.

BP plc has removed its chairman, Albert Manifold, citing serious governance and conduct concerns, including allegations of bullying. The board acted unanimously, appointing Ian Tyler as interim chairman.

Meta's massive layoffs are tied to Mark Zuckerberg's vast AI spending plans, even as he promises no further company‑wide cuts this year and admits communication has been poor.

Kayla Itsines reclaims full ownership of Sweat, a fitness platform she sold for £316 million in 2021. Discover her journey from personal trainer to global entrepreneur and the challenges she faced.

Micron's stock price could surpass record highs, driven by AI demand, according to a bullish Wall Street analyst. The tech company's shares have surged 850% in the past year.

Marc Lou turned failure into success, with 30 failed startups before building ShipFast, a tool generating over $1M (£790K) annually with no employees. Learn about his journey from waiting tables to software success.

Kevin O'Leary, 'Shark Tank' star, criticizes the four-day workweek as outdated in a digital economy, sparking debate on modern work practices and productivity.

Vince McMahon is set to testify in a Delaware court over allegations that the WWE-UFC merger was manipulated to maintain his control, amid claims of misconduct and shareholder disputes.

Groupon plans to cut 400 jobs globally, focusing on AI and automation to reduce costs and modernise operations. The restructuring aims to save $20M-$25M annually, with shares rising post-announcement.

'AI translators' are poised to become essential in bridging AI and business. Discover how this career could transform industries across the UK, Europe, and the US as companies integrate AI.

Ferrari's first EV, the Luce, has sparked backlash as fans and investors question its heritage impact, following a sharp drop in shares.

Jessica Miller-Merrell turned £200 into Workology, an HR platform earning £9.5M annually with digital resources, certifications, and insights for nearly a million HR pros monthly.

OpenAI CEO Sam Altman admits he was wrong about AI's impact on jobs, noting that human interaction remains crucial in many sectors, preventing widespread automation.