BUSINESS

US strikes Iran amid Strait of Hormuz tensions, impacting Brent crude prices, UK petrol costs, and energy bills. Stay informed on global oil shifts affecting British households.

Elon Musk and Sam Altman are trading insults over Apple's OpenAI lawsuit, and with SpaceX now public and OpenAI filing to list, retail investors hold a stake in the feud.

A DOJ grand jury is probing claims UAW President Shawn Fain sought benefits for his fiancée, deepening turmoil as 400,000 members prepare to vote in a six-way election this autumn.

Michael Burry said prediction markets are 'gambling' regardless of how they are classified, arguing platforms such as Kalshi exploit a regulatory loophole as legal battles over event contracts continue.

UK payment fraud losses reached £1.28 billion in 2025 as banks warned criminals are increasingly using AI-generated deepfakes, cloned voices and synthetic identities to make scams more convincing.

Elon Musk abruptly postponed a live CNBC interview just before airtime, ducking questions on SpaceX's market debut, Tesla and his Grok AI model as investors hunted for clues.

The White House promotes Freedom Fuel Network, a discount gas chain, but ownership and pricing strategies remain unclear, raising questions among industry analysts and consumers.

Mark Zuckerberg chose to unveil Meta's new AI model, Muse Spark 1.1, on X instead of Threads, sparking a debate with Elon Musk over platform reach and influence in the tech world.

SK Hynix, a leading South Korean memory-chip maker, raised $26.5B in the largest-ever US share sale by a foreign firm, as its market value nears $1 trillion.

Elon Musk's bold prediction about SpaceX's future value and the strategic implications of its partnership with Anthropic, the current AI leader.

SK Hynix began trading on Nasdaq through ADRs, giving US investors access to one of the world's leading suppliers of AI memory chips.

Brown University professor Roberto Serrano uncovers AI-assisted cheating in his class, revealing a significant drop in exam scores when moving from take-home to in-person exams.

Canadian students face a tight job market, turning to global internships for experience. Despite hurdles like AI and domestic competition, international roles offer a crucial career solution.

Jeff Bezos' Blue Origin seeks $10 billion in its first external funding round, marking a strategic shift as it aims to expand its space infrastructure amidst rising industry costs and stiff rivalry from SpaceX.

Jim Cramer sees Walmart's 18% decline as a buy opportunity. Falling fuel prices and potential tariff refunds could lead to price cuts, making Walmart shares attractive today.

Microsoft is cutting 4,800 jobs as part of a major companywide restructuring, including the Xbox division, impacting the gaming industry and veteran developers like Kevin LaChapelle.

A Brown professor says about 50 students used AI to cheat, yet leaders stayed silent. With costs near $100,000 a year, parents are asking what an Ivy League degree proves.