16 h. ago Louisiana AG calls Roblox ‘perfect place for pedophiles’ in lawsuit amid calls for CEO’s resignation

Attorney General Liz Murrill sued the online gaming platform and says it is ‘overrun with child predators’

Politics

52 h. ago NY attorney general sues Zelle's parent company after Trump administration drops similar case

New York’s attorney general has sued the parent company of the Zelle payment platform, months after the federal Consumer Financial Protection Bureau abandoned a similar case under the Trump administration

Politics

4 d. ago Wind generator Ørsted’s shares sink as it makes $9bn cash call

Danish company blames Donald Trump for derailing its business model after market value drops by a thirdEurope’s largest wind power company has blamed Donald Trump for derailing its business model, after it unveiled a $9bn (£6.7bn) fundraising and its market value plunged by almost a third.The share price for Denmark’s Ørsted tumbled to an all-time low after it told investors on Monday that the “extraordinary situation” facing the industry meant it would need to tap shareholders to cover the costs of its plans. Continue reading...

Economics

5 d. ago MTG enjoyed 142% windfall on company’s ICE contract but Trump goes after ‘disgusting degenerate’ Nancy Pelosi over stocks

President attacks ex-House Speaker and husband despite having come out against the ethical stock-trade standards proposed by a fellow Republican

Politics

8 d. ago Prime Day special: Amazon gifts Trump team a $1B coupon to let Bezos’ company host federal websites

The move comes as tech companies continue to ingratiate themselves with the president

Politics

8 d. ago Samsung to produce image sensors for Apple’s iPhone in Texas

Deal suggests South Korean company’s US investments are paying off as Trump dials up his tariff policies

Technology

9 d. ago Sales of Novo Nordisk’s diabetes drugs including Ozempic slow sharply

Fierce competition and threat of Trump tariffs lead to Danish company cutting costsSales of Novo Nordisk’s injectable diabetes drugs including Ozempic have slowed sharply amid fierce competition and the threat of US tariffs, prompting it to cut costs and sharpen its commercial focus.The Danish drugmaker, whose booming sales of GLP-1 diabetes and obesity drugs in recent years had turned it into Europe’s most valuable company, has lost $95bn (£71.5bn) in market value since cutting its full-year sales forecast last week. Continue reading...

Events

1 week ago Trump attacks ‘seriously woke’ Jaguar Land Rover as company names new CEO

US president claims Britain’s largest carmaker is ‘in absolute turmoil’ and criticises firm’s rebrandBusiness live – latest updatesDonald Trump has attacked Jaguar Land Rover’s divisive rebranding strategy, hours after Britain’s largest carmaker announced its new boss.Trump posted on his Truth Social platform that the auto company, owned by India’s Tata Motors, was “in absolute turmoil” and claimed that the “CEO resigned in disgrace”. Continue reading...

Politics

1 week ago BP launches fresh costs review; Trump attacks ‘woke’ JLR as it announces new boss – business live

Rolling coverage of the latest economic and financial newsOvernight, UK luxury-car maker Jaguar Land Rover has named a new CEO – winning a blast from Donald Trump.JLR named P B Balaji, the finance boss of parent company Tata Motors, as its new chief executive, increasing the Indian owner’s influence over the company.The CEO just resigned in disgrace, and the company is in absolute turmoil. Who wants to buy a Jaguar after looking at that disgraceful ad.Shouldn’t they have learned a lesson from Bud Lite, which went Woke and essentially destroyed, in a short campaign, the Company. Continue reading...

Economics

3 w. ago Trump’s push to change Coke: Is cane sugar better for you than corn syrup?

Coca-Cola has not yet said it would use real cane sugar in regular Coke — even if Trump says the company agreed

Politics

3 w. ago Cancelling Colbert, bribery, an $8bn deal: what’s going on at Paramount?

The fallout from the Trump payoff comes as a merger threatens the company’s integrity and A-list talent, such as Stephen Colbert, have already been sacrificedFor a decade the comedian Stephen Colbert has mocked, ridiculed and eviscerated Donald Trump from every conceivable angle. On Thursday Colbert told his audience at the Ed Sullivan Theater in New York that his popular late night TV show is being cancelled. “Yeah, I share your feelings,” he said in response to a chorus of boos.The CBS network insisted that it had made “a purely financial decision” to wind up The Late Show next year. But others are not so sure. Adam Schiff, a Democratic senator who was a guest on Thursday’s show, tweeted: “If Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better.” Continue reading...

Economics

4 w. ago Trump launches blistering statement trashing the Wall Street Journal after slapping news giant with $10 BILLION lawsuit

A shock report in the Wall Street Journal on Thursday enraged Trump. Now he's made a drastic move against the company.

Politics

4 w. ago Democrats condemn CBS for axing Colbert show: ‘People deserve to know if this is politically motivated’

Lawmakers note cancellation follows Colbert’s criticism of parent company Paramount for settling Trump suitDemocrats are condemning CBS for its recent decision to cancel The Late Show with Stephen Colbert, noting the news comes just a few days after its host criticized the network’s parent company, Paramount, for settling a $16m lawsuit with Donald Trump.Senator Adam Schiff, a California Democrat who appeared as a guest on Colbert’s show on Thursday night, later wrote on social media: “If Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better.” Continue reading...

Politics

4 w. ago ‘I am extremely sad’: celebrities react to the end of Stephen Colbert’s Late Show

Ben Stiller, Rachel Zegler and Judd Apatow are among the names expressing disappointment at the decision to axe the long-running showThe end of Stephen Colbert’s Late Show is a concerning nail in the coffin for comedyCelebrities have expressed disappointment and anger at the controversial decision to end the long-running Late Show, bringing an end to host Stephen Colbert’s award-winning tenure.The late-night comedy show has been on CBS for 33 years and the news arrived just days after Colbert called out the network’s parent company Paramount for settling a “frivolous” lawsuit with Donald Trump for $16m. Paramount is seeking approval for a $8.4bn merger with Skydance, a company ran by David Ellison, son of close Trump ally Larry Ellison. Continue reading...

Politics

4 w. ago Company insolvencies fall in England and Wales, in ‘glimmer of relief’; Trump blasts Fed board – business live

Rolling coverage of the latest economic and financial newsBusinesses are still in “tough” times, despite the drop in insolvencies in June, cautions David Hudson, restructuring advisory partner at FRP.Hudson says:“The slight fall in insolvencies this month offers a glimmer of relief – especially for hospitality and retail businesses, which are now reaping the benefits of record hot weather. However, we’re still in tough territory. Consumer confidence remains stubbornly low, growth is stuttering – with GDP dipping again in May. June’s unexpected jump in inflation will only serve to continue eroding profit margins and consumer demand.“This environment is forcing businesses to fight on multiple fronts. Many will likely only be experiencing breathing space after dramatically paring back costs. Until demand shows a more sustained recovery and input costs ease further, there’s a risk that this reprieve is just a pause rather than a turning point.” Continue reading...

Politics

4 w. ago CBS to cancel Late Show with Stephen Colbert just days after host blasted company's settlement with Trump as 'big fat bribe'

CBS executives have announced that they have canceled the Late Show with Stephen Colbert , just days after the host blasted the network's settlement with President Donald Trump .

Politics