BUSINESS

PepsiCo's closure of most operations at its Cheverly, Maryland, plant eliminated 143 jobs, disrupting long-serving workers and removing a major employer and taxpayer from the town

The financing will support Solcoa One, the company's first commercial rare earth metallization plant, as founding team member Laurynas Veckys works across the commercial and operational decisions needed to turn planned capacity into qualified U.S. supply.

Professional Super Smash Bros. player Jason "Mew2King" Zimmerman was barred from an Austin tournament after posts about swollen hands and insect bites prompted online concern and speculation.

Visa and Mastercard propose a $167.5 million ATM-fee settlement for eligible US cardholders. Claims must be filed by 10 February 2027.

Microsoft has withdrawn from an agreement involving Nscale's planned £2bn AI data centre in Loughton, Essex, after grid delays threatened the facility's original 2027 opening timetable.

A Baker Hughes worker alleges hydrogen sulphide exposure during a Wyoming training tour caused illness and led to retaliation after she filed a compensation claim.

Elon Musk says he plans to give one SpaceX share to every US child next year, a pledge worth about $10.5 billion that lacks details on its legal and practical arrangements.

Kylie Minogue and Nick Cave's music may have been used to train AI without consent, as publishers warn Australia against weakening copyright protections.

Malta iGaming layoffs raise fears after a designer says they trained AI before losing their job, while GamingMalta disputes wider cuts.

Amazon robots face renewed scrutiny after a study found 77% more non-severe injuries at robotic warehouses, despite fewer severe injuries.

A proposed US bill would gradually raise the federal minimum wage to $25 an hour for large employers by 2031, potentially affecting Walmart and Target if Congress approves it.

KFC will switch from Pepsi to Coca-Cola at its US restaurants from 2027, ending a partnership dating back nearly 40 years in a deal estimated at $500 million annually.

JPMorgan CEO Jamie Dimon warns AI agents could mishandle bank payments and says the bank is blocking unauthorised external agents from customer accounts.

Bo Hines retained a one-third stake in Nxum when it received $6.3M in Tether-linked payments, raising ethics questions during the GENIUS Act debate.

After years inside music tours, global sporting events, and hospitality operations, Jackson is focused on a problem she sees developing among the industry's newest workers: fewer opportunities to learn how to handle people under pressure.

Donations to Trump's $333M White House ballroom fund coincided with government contracts, regulatory decisions, and a presidential pardon, records show.

Harman Singh Kapoor says Singh's Dining is facing boycott calls, negative reviews and a website outage after a video about a Gaza building drew criticism.

Performance coach Falko Krismayr argues that sustainable growth comes from expanding the comfort zone through preparation, skill development, recovery and consistent daily action.

Skydance shares fell as warrants began trading separately, while weaker bonds and debt forecasts put the $110 billion (£82.5 billion) acquisition's savings targets in focus.

Perrigo proposes a $10M settlement over store-brand infant formula competition claims. Court approval, eligibility rules, and payment details are not yet confirmed.

The IRS has delayed income-group data on Trump's 2025 tax law as the midterms near. Critics say the figures could test claims about who benefits.

A fatal incident at Six Flags Over Georgia has prompted the closure of nine similar rides while police investigate the death and the company faces financial scrutiny.

Limassol-based entrepreneur and investor Alexey Gubarev, one of the founders of the TechIsland association, argues that small countries such as Cyprus will keep their place on Europe's startup map only if they stop competing for company registrations and start competing for founders.

ING will stop accepting new applications for Savings Maximiser on 1 December 2026, although existing customers can keep their accounts and continue earning interest under current conditions.

Netflix is cutting 1,000 jobs as YouTube and TikTok intensify the fight for viewers, putting subscriber engagement and future growth under scrutiny.

Diesel supplies could remain tight well into 2027, the IEA warns, as record margins aid some refiners while crude and shipping costs squeeze others.

OCC report finds nine major US banks had policies that may have restricted services based on political or religious views and lawful business activities.

A Harvard study found men were more likely to claim knowledge of fictional AI figures, while the gender gap in factual understanding was relatively small.

Eight US states have sued OpenAI, alleging that ChatGPT exposed young users to dangerous interactions and that the company misled families about its safety.