15 h. ago Michigan attorney general says she is investigating a company promoting 'twin flame' romance

Michigan's attorney general says authorities are investigating an online company that pledges to help people find their eternal love

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1 week ago Amazon under UK investigation over alleged failure to pay suppliers on time

Regulator says it has ‘reasonable grounds’ to suspect company breached groceries supply code of practiceBusiness live – latest updatesThe UK’s grocery industry watchdog has launched an investigation into Amazon over allegations that the retail and technology company is failing to pay its suppliers on time.The Groceries Code Adjudicator (GCA) said it had “reasonable grounds” to suspect that Amazon had breached a part of the groceries supply code of practice, which mandates that there should not be delays in payments made to suppliers. Continue reading...

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1 week ago UK grocery watchdog investigating Amazon over alleged supplier payment delays; company insolvencies jump – business live

Groceries Code Adjudicator calls on suppliers to share their experiences of working with AmazonThe number of companies collapsing across England and Wales jumped last month, in a sign of the economic pressures hitting firms.There were 2,238 company insolvences in England and Wales during the month, which is 8% higher than in April and 15% more than in May 2024.“This latest rise in corporate insolvencies reflects the harsh reality many businesses face: fragile demand is not keeping pace with rising costs. Even the increasingly-likely prospect of rate cuts in August won’t do much to fix this – insolvency levels will remain elevated for the foreseeable future.“Sectors like hospitality are having a particularly challenging time in this environment, in no small part due to the impact on labour costs of April’s National Insurance and minimum wage increases. These businesses are now approaching what are some of their peak months and will be hoping for strong trading to bolster their resili...

Economics

1 week ago Michigan, environmental groups challenge federal order to keep power plant open

Environmental groups and Michigan’s attorney general have filed separate challenges against a federal order that is keeping a coal-fired power plant open this summer

Politics

2 w. ago EU accuses China’s AliExpress of ‘systemic failure’ over illegal goods

Regulators say online retailer failing to do enough to prevent sale of unsafe children’s toys, among other itemsThe European Commission has accused the online retailer AliExpress of a “systemic failure” to prevent the sale of illegal and dangerous goods on its platform, as Brussels steps up its case against the Chinese company.Issuing formal findings of an investigation launched in March last year, EU regulators said on Wednesday that AliExpress was failing to do enough to prevent the sale of counterfeit clothes and dangerous children’s toys, among other items. Continue reading...

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4 w. ago Potential ‘agroterrorism weapon’ fungus smuggled into US by Chinese scientists, FBI alleges

Yunqing Jian and Zunyong Liu charged after allegedly smuggling a fungus to US that can cause serious illness and billions of dollars in crop lossesTwo Chinese scientists have been charged with smuggling a toxic fungus into the United States that they planned to research at an American university, the justice department has said.Yunqing Jian, 33, and Zunyong Liu, 34, are charged with conspiracy, smuggling, false statements, and visa fraud, the US attorney’s office for the eastern district of Michigan said in a statement on Tuesday. Continue reading...

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