BUSINESS

Steven Cohen's Point72 raises its E.W. Scripps stake to 5.2%, citing political advertising, sports growth, and cost cuts as potential turnaround drivers.

Royal Mail plans to cut up to 2,500 head-office and support roles by 2027, putting London office jobs at risk amid regulatory pressure and union scrutiny.

Trump announces a Navy contract worth up to $2.9B for Anduril to build Virginia-class submarine parts, amid scrutiny of Trump Jr's 1789 Capital ties.

A proposed US class action alleges Starbucks falsely labels eight protein lattes and matcha drinks as sugar-free despite containing 13g to 21g of sugar per serving.

AT&T's $177M data breach settlement could pay eligible claimants $6.50-$40, while documented losses may qualify for higher maximums.

Eligible US Flo users could claim part of a $59.5M settlement over period-data sharing allegations. Claims must be filed by 15 October 2026.

Paramount and Warner Bros. Discovery merge as Skydance targets $6bn in synergies and warns staff of difficult workforce decisions.

Steve Eisman says OpenAI and Anthropic are the AI boom's potential Achilles' heel, challenging Michael Burry's focus on chip depreciation as the bigger risk.

ASOS is investigating an extortion message sent through its app after customers received a warning claiming alleged attackers had compromised a Snowflake environment and might leak data.

Amazon's Prime Big Deal Days 2026 runs from 6–7 October, featuring limited-time US and UK offers on electronics, home goods, beauty products and other categories.

Trump Mobile faces security scrutiny after a dataset listing 3,615 records surfaced online, reportedly containing names, contact details, addresses, and order information.

PEN America reports nearly 12,000 book-ban instances in US schools, a record total, as Texas overtakes Florida and AI tools enter the removal process.

Sainsbury's abandoned takeover talks with Morrisons reveal mounting pressure in UK grocery, from discounter growth to shifting CMA scrutiny over big mergers.

A former Nike manager in Memphis is suing, alleging she was fired after FMLA leave and retaliated against after filing a sex discrimination complaint.

Citigroup overtakes Goldman Sachs in global IPO rankings as investors question whether its 'pricey' dividend can be sustained amid a fragile deals market.

Cryptocurrency payment systems use temporary quotes to lock in a conversion rate, but successful transactions also depend on commercial deadlines and blockchain processing times.

UK debt interest now costs more than the Home Office and Justice budgets combined, the Chancellor says. Learn what drives the bill and what it could mean for taxes.

Mortgage rates hit 7.28% as builders offer rate buydowns and closing-cost help, giving some new-build buyers more room to negotiate.

A federal judge has allowed USA Today, the Daily Mail and about 5,000 digital publishers to pursue more than $3.2bn in claims against Google at trial.

US DOJ corporate crime policy increasingly rewards disclosure and remediation, but executives may still face charges and companies can incur major financial penalties.

LinkedIn finds women hold just 13% of AI C-suite roles across 27 countries, while AI jobs typically pay more than twice as much as other roles.

US rule ties federal student loans to graduate earnings, putting low-paying programmes at risk and potentially threatening Pell Grant funding at some colleges.

BT has completed its takeover of TalkTalk out of administration, but the Government has ordered a CMA inquiry. Here is what it means for customers.

Mark Cuban warns that workers with weaker AI skills could face competition from colleagues who use it better, as AI reshapes US jobs.

An Airbnb guest challenged an A$1,700 damage claim over a disputed toilet photo. Airbnb later rejected the host's reimbursement request.

Sydney Sweeney's controversial Novig campaign coincided with major increases in trading volume, new deposits and app downloads, although the figures do not prove the advert alone caused the growth.

Amazon Prime settlement payments began on 1 October 2026. Eligible US customers may receive up to $200 automatically, with no claim required.

Nike's Pace restructuring will cut roles from 2027 and target $2.5B in savings through 2031, as the sportswear giant forecasts falling annual sales.

Jared Kushner's Affinity Partners owns 7.4% of Phoenix Financial, whose portfolio includes $456M in military-linked firms, amid his role in Gaza.