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Business

Markets, companies, trade, labor, inflation and the global economy.

Trump plans tariffs on imported generic drugs to reshore production

Trump plans tariffs on imported generic drugs to reshore production

President Donald Trump announced plans to impose steep tariffs on imported generic drugs to force pharmaceutical companies to reshore production into America.

Business ·22 Jul 2026, 18:04 ·Priya Raman 3 min read
Trump promotes child investment accounts amid funding delays

Trump promotes child investment accounts amid funding delays

The Trump administration is championing a government-backed investment initiative for children, though some parents report delays in receiving seed funds.

Business ·22 Jul 2026, 10:01 ·Priya Raman 3 min read
UK inflation falls to 2.6% in June amid lower food and fuel prices

UK inflation falls to 2.6% in June amid lower food and fuel prices

The UK inflation rate has fallen to 2.6% in June, driven by a dip in transport and grocery prices, though economists warn of a potential 'false dawn'.

Business ·22 Jul 2026, 09:01 ·Priya Raman 3 min read
Judge approves Anthropic $1.5 billion settlement over book piracy

Judge approves Anthropic $1.5 billion settlement over book piracy

A federal judge has granted final approval to a $1.5 billion settlement involving AI company Anthropic over the use of pirated books.

Business ·22 Jul 2026, 00:02 ·Priya Raman 3 min read
Car dealership startup costs can range from $30,000 to six figures

Car dealership startup costs can range from $30,000 to six figures

From state licensing and surety bonds to inventory procurement, launching a car dealership requires significant upfront capital and ongoing operational reserves.

Business ·21 Jul 2026, 21:03 ·Priya Raman 3 min read
China weighs tighter export controls on AI models and chips

China weighs tighter export controls on AI models and chips

Chinese regulators are considering new restrictions on the overseas transfer of AI model weights and semiconductor designs, treating cutting-edge tech as a strategic asset.

Business ·21 Jul 2026, 12:09 ·Priya Raman 3 min read
Meta platforms Facebook, Instagram and Messenger suffer widespread outage

Meta platforms Facebook, Instagram and Messenger suffer widespread outage

Meta has confirmed the restoration of services after a technical failure disrupted Facebook, Instagram and WhatsApp. The company addressed the issues via social media after Downdetector reported spikes in user error reports.

Business ·19 Jul 2026, 22:01 ·Priya Raman 2 min read
Extortion emails claiming stolen data are mass-sent scams to watch for

Extortion emails claiming stolen data are mass-sent scams to watch for

Cybersecurity experts warn that extortion emails threatening to leak private data are automated scams designed to trigger panic. Learn why these claims are fabricated and why recipients should never pay the ransom.

Business ·19 Jul 2026, 21:01 ·Priya Raman 2 min read
Bezos visits Australia

Bezos visits Australia

Bezos visits Australia

Business ·19 Jul 2026, 12:04 ·Priya Raman 2 min read
Emirates cancels UAE flights

Emirates cancels UAE flights

Emirates cancels UAE flights

Business ·19 Jul 2026, 10:04 ·Priya Raman 2 min read
Unifor reaches tentative contract agreement with Ford Canada for 5,150 workers

Unifor reaches tentative contract agreement with Ford Canada for 5,150 workers

The agreement includes significant wage increases and capital investments for Ford facilities, serving as a pattern for talks with General Motors and Stellantis.

Business ·19 Jul 2026, 09:07 ·Priya Raman 2 min read
National Lottery triggers £9.5m Lotto jackpot rolldown on July 18

National Lottery triggers £9.5m Lotto jackpot rolldown on July 18

A £9.5m Lotto jackpot was distributed among lower-tier winners after no player matched all six main numbers. The rolldown event paid out over £13.2million across nearly two million entries.

Business ·18 Jul 2026, 22:01 ·Priya Raman 2 min read
China warns UK over British Steel nationalisation, demands fair resolution

China warns UK over British Steel nationalisation, demands fair resolution

The Chinese government has demanded a fair resolution after the UK nationalised British Steel to protect national security and prevent the loss of 4,000 jobs.

Business ·18 Jul 2026, 17:01 ·Priya Raman 3 min read
WestJet strike may not be covered by new travel insurance policies

WestJet strike may not be covered by new travel insurance policies

Travel experts warn that insurance policies purchased after the CUPE strike vote may not reimburse losses if WestJet flights are grounded. Passengers may still be eligible for airline refunds or EU compensation.

Business ·18 Jul 2026, 15:07 ·Priya Raman 3 min read
FAQs: DBS yuu Card, yuu Points and 10 mpd at yuu merchants

FAQs: DBS yuu Card, yuu Points and 10 mpd at yuu merchants

The DBS yuu Card provides up to 10 mpd or an 18% rebate based on a tiered reward structure. Cardholders must meet a minimum spend and merchant requirement to unlock full bonuses.

Business ·18 Jul 2026, 12:03 ·Priya Raman 3 min read
EIA releases daily wholesale and retail energy prices for July 17

EIA releases daily wholesale and retail energy prices for July 17

The U.S. Energy Information Administration provides a daily snapshot of wholesale and retail energy prices, including key profitability metrics for the energy sector.

Business ·18 Jul 2026, 07:02 ·Priya Raman 3 min read
Trump Media pitched $100,000 monthly fee for fast feed of president’s posts

Trump Media pitched $100,000 monthly fee for fast feed of president’s posts

Trump Media & Technology Group is launching a high-cost data feed to monetize the market-moving influence of the president's Truth Social posts.

Business ·18 Jul 2026, 00:01 ·Priya Raman 3 min read
Apple dethrones Nvidia to regain title of world’s most valuable company

Apple dethrones Nvidia to regain title of world’s most valuable company

Apple has reclaimed the top spot in global market valuation, signaling a shift in investor sentiment from AI infrastructure toward the application layer.

Business ·17 Jul 2026, 18:01 ·Priya Raman 3 min read
SpaceX stock falls below IPO price and loses $1 trillion in market value

SpaceX stock falls below IPO price and loses $1 trillion in market value

Shares of SpaceX have dipped below their initial offering price for the first time following a volatile period and operational setbacks. The company faces pressure as investors weigh AI expenditures against Starlink's profitability.

Business ·17 Jul 2026, 17:02 ·Priya Raman 3 min read
SpaceX Falcon 9 booster sets longevity record with 31st flight

SpaceX Falcon 9 booster sets longevity record with 31st flight

A SpaceX Falcon 9 first-stage booster established a new company record by successfully completing its 31st mission. The flight carried 28 Starlink satellites into orbit.

Business ·17 Jul 2026, 14:02 ·Priya Raman 3 min read