BUSINESS

Starbucks CEO Brian Niccol faces online backlash for calling a $9 coffee an 'affordable premium experience' while earning $96 million in his first year.

Apple is set to launch the iPhone 18 Pro series this September, featuring a foldable model and new colour options. Keynote dates are predicted for early September.

Sony reaches a $7.85 million settlement in a major antitrust lawsuit, potentially refunding millions of PlayStation users over inflated digital game prices on the PlayStation Store.

eBay stock surges as GameStop unveils a $56B move, sparking market shock. Investors question whether Ryan Cohen can deliver results.

The Living Wage for All Act aims to raise the US federal minimum wage to $25 by 2031 for large employers and 2038 for smaller businesses, tackling wage stagnation and rising living costs.

Warren Buffett's final investment in Alphabet yielded a 40% return in six months, highlighting his enduring market acumen as Berkshire Hathaway transitions under new CEO Greg Abel.

Ascend Airways has ceased operations due to unsustainable fuel costs, leaving staff jobless and raising concerns about the aviation sector's stability amid ongoing global fuel shortages.

US President Trump cancels whisky tariffs after King Charles' visit, signaling improved US-UK trade relations. The move is expected to benefit the Scotch whisky industry and ease trade tensions.

Public interest grows around JPMorgan executive Lorna Hajdini as questions over her private life and unverified allegations circulate online

Spirit Airlines is shutting down, risking travel disruptions and job losses. Major airlines prepare contingency plans, while ticket prices may rise without Spirit's competitive influence.

The Daily Wire undergoes layoffs and operational restructuring, impacting political reporters and shifting focus to new markets despite financial pressures.

As global trade policies shift, manufacturers are using AI tools like Gieni to quickly identify new customers and alternative suppliers amid rising tariffs and supply chain disruption.

Hershey's CEO attributes an 8% sales increase in Ice Breakers mints and gum to the side effects of GLP-1 weight-loss drugs, highlighting an unexpected revenue driver.

Fuel prices are rising due to US-Iran tensions, affecting travel costs and airline operations. The UK government is monitoring the situation, while experts predict prolonged elevated costs.

Starbucks CEO Brian Niccol has sparked a viral backlash after framing nine-dollar lattes as a 'splurge' experience during a high-stakes 2026 earnings call.

Sudeep Agarwal modernises legacy financial systems through gradual, low-risk improvements rather than disruptive overhauls. By focusing on resiliency, modular design, and stability under pressure, he ensures critical platforms like login and trading systems remain reliable even during peak stress.

Apple's fiscal Q2 saw record revenue driven by iPhone 17 demand and a 28 per cent sales surge in China, despite supply constraints. Tim Cook announces departure, with John Ternus as successor.

Tesla's direct sales model is disrupting traditional car dealerships, prompting fears of diminished roles as more automakers adopt this approach, reshaping the automotive industry's future.

Tesla begins mass production of its long-awaited Semi trucks at the Nevada facility, advancing electric freight transport with innovative features and scalable manufacturing.

HMRC is sending 1.5 million letters to parents, urging them to confirm their teenager's education plans to continue receiving Child Benefit beyond age 16.

Oreo's Firecracker Pop cookies launch 4 May at $5.79 per pack. With multiple limited editions dropping in quick succession, the premium snack strategy is quietly adding up for US families.

Reddit CEO Steve Huffman doubles down on hiring new graduates even as experts warn AI could replace entry-level white-collar jobs.

A lawsuit filed in New York accuses JPMorgan executive Lorna Hajdini of drugging, sexually assaulting, and racially abusing a junior male colleague over several months.

Chirayu Rana, a former JPMorgan employee, is accused of fabricating harassment claims against executive Lorna Hajdini. Internal investigations found no evidence supporting the allegations.

A standout CV isn't about listing everything—it's about relevance, clear achievements, and making an impact in seconds.

PayDo earns trust through Financial Conduct Authority oversight, strong security, and tailored multi-currency solutions for forex and e-commerce businesses.

A plane carrying Artisan's 'Stop Hiring Humans' banner flew over San Francisco as AI-driven layoffs at Pinterest and Block turn a viral marketing stunt into a symbol of real workforce anxiety.

Russell & Bromley shop closures shock loyal customers as the company falls into administration.

Donald Trump's brand faces scrutiny as LIV Golf funding ends and his meme coin drops 97%, challenging his influence beyond politics.