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Kevin Maxwell faces bankruptcy threat over £600,000 Fortress Capital ‘Ponzi scheme’ loan thumbnail
The Business Economics

Kevin Maxwell faces bankruptcy threat over £600,000 Fortress Capital ‘Ponzi scheme’ loan

Kevin Maxwell, the brother of Ghislaine Maxwell, is fighting a last-ditch legal battle to avoid bankruptcy after being pursued for almost £600,000 by...

UK AI investment hits record £2.9bn as Britain strengthens global leadership thumbnail
The Business Economics

UK AI investment hits record £2.9bn as Britain strengthens global leadership

Investment in British artificial intelligence (AI) companies surged to a record £2.9 billion last year, cementing the UK’s position as a global hub...

Companies cut jobs at fastest pace in four years after Reeves’s £25bn payroll tax raid thumbnail
The Business Economics

Companies cut jobs at fastest pace in four years after Reeves’s £25bn payroll tax raid

British companies are cutting jobs at the fastest pace in four years following Chancellor Rachel Reeves’s £25 billion payroll tax raid, according to...

Angela Rayner resigns as deputy prime minister after report into tax affairs thumbnail
The Business Economics

Angela Rayner resigns as deputy prime minister after report into tax affairs

Angela Rayner has resigned from government after the prime minister’s adviser on ministerial standards concluded she failed to pay the correct stamp duty...

Tesla proposes $1 trillion pay package for Elon Musk, the largest in corporate history thumbnail
The Business Economics

Tesla proposes $1 trillion pay package for Elon Musk, the largest in corporate history

Tesla has proposed a new $1 trillion pay package for chief executive Elon Musk, in what would be the largest compensation deal ever...

Rivian makes its second small workforce cut of the year ahead of R2 SUV launch thumbnail
The Business Economics

Rivian makes its second small workforce cut of the year ahead of R2 SUV launch

The Business Economic provides reliable, free, up-to-the-minute syndicated news to any media publication. The Business Economic is a network member of the Associated...

Facebook is trying to make ‘pokes’ happen again thumbnail
The Business Economics

Facebook is trying to make ‘pokes’ happen again

The Business Economic provides reliable, free, up-to-the-minute syndicated news to any media publication. The Business Economic is a network member of the Associated...

Snapchat’s new Lens lets you create AI images using text prompts thumbnail
The Business Economics

Snapchat’s new Lens lets you create AI images using text prompts

The Business Economic provides reliable, free, up-to-the-minute syndicated news to any media publication. The Business Economic is a network member of the Associated...

Tesla proposes new pay package for Elon Musk worth up to $1T thumbnail
The Business Economics

Tesla proposes new pay package for Elon Musk worth up to $1T

The Business Economic provides reliable, free, up-to-the-minute syndicated news to any media publication. The Business Economic is a network member of the Associated...

Bret Taylor’s Sierra raises $350M at a $10B valuation thumbnail
The Business Economics

Bret Taylor’s Sierra raises $350M at a $10B valuation

The Business Economic provides reliable, free, up-to-the-minute syndicated news to any media publication. The Business Economic is a network member of the Associated...