BUSINESS

War-related energy and shipping disruptions are increasing costs for banana producers, while higher fertiliser prices and expiring supply contracts could eventually push up supermarket prices.

Bank of America admitted to wilfully breaking US anti-money laundering law as the Treasury hit it with a $1.2 billion penalty over suspicious transactions tied to foreign laundering networks.

Bank of America faces over $1.21 billion in US penalties after regulators found anti-money laundering failures and delayed reporting of suspicious activity.

Bill Gates said he would accept $20B in tax but questioned a $100B bill as Elizabeth Warren renewed her push for a wealth tax on billionaires.

The IMF has warned that AI could affect 40% of jobs worldwide, potentially reducing entry-level opportunities for graduates even as investment in the technology supports global growth.

CFTC staff reportedly flagged a $580M oil trade before Trump's Iran policy reversal, but an adviser ordered the insider-trading referral withdrawn.

Kroger plans to cut 3,000 corporate jobs over three years, affecting about 37% of its corporate workforce, as it reduces overheads and faces Walmart and Aldi.

Jeff Bezos defends billionaires against claims that wealth makes them villains, while acknowledging America's housing affordability crisis and economic pressures.

This guide compares five AI software tools for home service businesses, covering call handling, scheduling, reviews, job documentation and sales coaching, alongside pricing and selection advice.

Red diesel can now run on American highways under federal rules, but drivers may owe the levy later. See where it remains illegal and what a GasBuddy analyst warns.

US and European regulators are intensifying scrutiny of banks' AI use, focusing on autonomous systems, cyber recovery, third-party providers and threats to financial stability.

This article explains how mobile slots drove responsive layouts, touch-friendly controls, performance choices and compliance into modern slot design.

Geoff Ogunlesi married Jennifer Meyer in Hawaii. Discover his music management career, artist credits and family background, including billionaire father Adebayo Ogunlesi

A man died falling from the Goliath hypercoaster at Six Flags Over Georgia, leaving nearly 20 riders stranded 200 above ground as police investigate how he left the ride.

True Food Kitchen files for Chapter 11 with $42.1M in debt, closes 12 restaurants, and seeks a buyer as 34 locations continue operating.

Trump's red-dyed diesel order aims to cut fuel costs, but federal tax deferrals and differing state rules mean drivers' savings remain uncertain.

Nobel economists Robert E. Hall and Michael Woodford are honoured for research that reshaped how central banks stabilise inflation, jobs and growth worldwide.

At PayBright, the company Affirm acquired in 2021, her enterprise book included Hudson's Bay and Sephora as Canadian revenue grew from about C$5 million to C$75 million-plus.

McDonald's franchisees may seek 20% to 40% reductions on the estimated $800,000 US restaurant upgrade cost as operators question debt, returns and the NEXT programme's details

Chase and TD Bank plan to keep branches open on Columbus Day, while several major banks will close. Online banking and ATMs should remain available, but some payments may be delayed.

Crumbl has closed at least 57 US stores in 2026, while falling foot traffic, weaker sales, GLP-1 drugs and franchisee bankruptcy add to pressure on the cookie chain.

Franklin Templeton CEO Jenny Johnson favours shorter-term AI debt as complex financing, uncertain technology returns, and a possible December rate rise raise investor risks.

Google's proposed $10M purchase of Spirit Airlines data faces scrutiny from lawmakers and unions over employee records and AI training.

EU finance ministers agree to give ESMA direct oversight of major market operators, aiming to reduce fragmentation and ease cross-border investment, subject to legislation.

Elon Musk attacks Mukesh Ambani over Starlink's India delay, despite Jio's deal to distribute the service. The dispute centres on spectrum and security approvals.

A CEO of a Singapore-based firm was tricked into transferring $36.3 million related to a fake acquisition after scammers impersonated the company's chairman on WhatsApp.

Trump awards science and technology medals to Elon Musk, Satya Nadella and four other tech leaders, amid scrutiny of their political and corporate ties.

Freedom Holding Corp. saw significant activity across its businesses in September.

Certos survey: 81% of corporate finance leaders reported attempted or suspected AI-enabled fraud, with payment diversion the top concern.