BUSINESS

Activists have launched a campaign against the 2026 Met Gala, targeting Jeff Bezos and Amazon for alleged worker exploitation and political ties, sparking debate on corporate influence in cultural events

Allbirds, known for sustainable footwear, rebrands as NewBird AI, shifting focus to GPU rentals amid declining revenue and market challenges.

The UK government announces significant reforms to council tax debt collection, aiming to reduce financial pressure on households by slowing down processes and introducing flexible repayment plans.

A batch of Xanax XR is recalled due to improper dissolution, posing potential health risks. The FDA advises patients to consult their doctors for alternatives.

CEOs are increasingly receiving near-identical strategic advice from AI tools such as GPT, Claude, Gemini and Grok, according to research discussed in Harvard Business Review.

Hotel room rates in the US are dropping ahead of the 2026 World Cup due to geopolitical tensions and travel restrictions, impacting expected international visitor numbers.

The UK will rejoin the Erasmus+ programme by 2027, restoring academic exchanges with the EU. This move aims to mend post-Brexit relations and enhance educational opportunities.

Allbirds stock surges nearly 600% after AI pivot and NewBird rebrand sparks investor frenzy and raises questions over its future strateg

The BBC is cutting 2,000 jobs due to financial strain, changing audience habits, and a push towards digital transformation, aiming for £500 million in savings.

Lufthansa pilots' strike results in over 1,000 flight cancellations, causing significant disruptions at major UK airports and affecting thousands of passengers.

Disney's CEO Josh D'Amaro announced 1,000 layoffs to streamline operations and foster a more agile workforce, following previous job cuts and industry changes.

Amazon to acquire Globalstar for $11.57 billion, gaining Apple's iPhone satellite deal in its biggest challenge yet to Musk's Starlink.

Disney initiates job cuts impacting 1,000 employees, including Marvel and marketing teams, as part of a strategic shift towards technology and streamlined operations.

A woman's viral TikTok video reveals how AI denied her life-saving heart surgery, sparking debate on AI's role in health insurance claims.

7‑Eleven is closing more than 600 stores in 2026 as it pivots towards larger, 'food‑forward' outlets serving everything from egg sandwiches to miso ramen.

Oracle agreed to purchase 2.8 gigawatts of fuel-cell power from Bloom Energy for AI data centres, weeks after firing 30,000 employees via a 6 a.m. email to fund the infrastructure buildout.

An Amazon employee's sudden death at a distribution center has sparked debates on workplace safety, corporate empathy, and employee treatment. Learn about ongoing investigations and Amazon's response.