BUSINESS

Evan Spiegel and Miranda Kerr have funded the erasure of over $550 million in medical debt for 261,000 Californians, marking the first statewide effort by the charity Undue Medical Debt.

A grey market for Claude AI tokens has emerged in China, with resellers offering steep discounts. This raises concerns about data privacy and platform security amidst tightened access controls.

Chamath Palihapitiya, a former Facebook executive, criticises Meta's AI strategy, arguing the company missed a leadership opportunity in AI, allowing Nvidia to dominate the ecosystem.

Rare Beauty became a billion-dollar business by focusing on product quality, authenticity, and customer loyalty, offering lessons for celebrity brands seeking long-term growth.

From early engineering work at Getir to co-founding an AI growth intelligence company backed by a16z, Akaoglu's story is rooted in a simple problem: companies know more than ever, but still struggle to act in time.

Sony has announced significant layoffs at Bungie, affecting nearly 300 employees, as the studio shifts focus from Destiny 2 to Marathon. The restructuring follows Destiny 2's underperformance.

Senator Bernie Sanders criticises Apple CEO Tim Cook for raising Mac and iPad prices despite the company's $112 billion profit, calling it 'corporate greed' and 'unacceptable'.

Apple has increased prices on several MacBook and iPad models due to rising component costs driven by AI demand, impacting global supply chains and consumer prices.

Apple has increased prices for MacBook and iPad models due to rising memory and storage costs linked to AI demand, with UK prices rising by up to £300 and US prices by up to $300.

An Oregon man earned £155,000 by renting his pool through Swimply, a platform allowing pool owners to monetise their spaces. The trend is growing, with legal challenges emerging.

United Airlines CEO Scott Kirby uses a lifetime travel benefit from American Airlines, sparking industry buzz amid failed merger talks and raising questions about brand loyalty.

Micron's record earnings show how the artificial intelligence boom is reshaping the semiconductor industry, turning a traditional memory chip maker into one of the biggest winners from the global AI infrastructure race.

Apple raised prices on Macs and iPads as memory costs surge, sending shares lower and raising concerns over AI-driven supply pressures.

The rumoured wedding of Taylor Swift and Travis Kelce in New York City is expected to be a major cultural event, potentially boosting local businesses and requiring extensive public services

As privacy concerns grow, financial platforms are prioritising data protection, offering privacy-first services that appeal to consumers wary of data breaches and excessive data collection.

Ankur Ghosh of SSV Capital emphasises ethical decision-making in finance, prioritising governance and long-term credibility over short-term gains, shaping how opportunities are assessed and deals are chosen.

In 2026, the US housing market shows signs of cooling, with slower price growth and improved inventory. Experts suggest a crash is unlikely due to strong equity, lending standards, and employment.

Inflation has raised the cost of fish and chips in Britain, prompting a search for cheaper alternatives. Economic pressures are affecting this traditional staple's affordability and popularity.

The UK's 38°C heatwave is reshaping business, with no legal workplace temperature limits and a £1.2 billion annual productivity loss. What are the challenges and potential solutions for employers.

Walmart is cutting 306 tech jobs in Sunnyvale from 21 August via a WARN notice, even as its H-1B visa filings collapse and profits hit records.

Porsche is implementing a restructuring plan involving job cuts and strategic shifts to address declining profits, market challenges, and reduced demand, particularly in China.

Rising UK mortgage rates may jeopardise your retirement savings by up to £268,000. Here are the strategies to balance mortgage repayments and pension contributions to secure your financial future.

Truth Social's parent company faces a record stock low following significant financial losses, raising concerns about its long-term viability and investor confidence.

Kevin O'Leary's missed $800 million investment in Ring, later acquired by Amazon, was his biggest 'Shark Tank' regret and impacted the smart home market.

Federal prosecutors say Dr Jason Finkelstein approved 63 cardiac scans in 11 seconds, missing a student's enlarged heart weeks before he died on a basketball court.

JP Morgan's bruising year has spawned a viral 'HR department in 2026' meme, blending a New York sex‑assault lawsuit and a Knicks parade trash‑can fiasco into one biting joke about corporate culture.

Over 1,000 UK schools closed or reduced hours due to a heatwave, causing parental outrage over childcare disruptions. The closures follow a red extreme heat warning from the Met Office.

A study reveals AI-resistant careers, highlighting roles like air traffic control and commercial piloting, which offer high pay and stability without requiring a university degree.

A viral Reddit campaign pushed Wendy's shares higher in a meme-stock rally, but the surge raises questions over retail momentum, short interest and fundamentals.