The latest published reporting in this category.
A new Democratic majority in Congress could pressure the president to end the war in Iran. But it will be harder for them to directly affect fuel prices, which are tied to a complex international oil market.
Read moreA little-known investment group has made a bid to buy the business.
Read moreFuture brightens for US developers in particular after election when voters rejected Trump’s war on clean energy After years as collateral damage in Donald Trump’s war on climate action, the Democrats’ sweeping triumph in the US midterm elections has emerged as a victory for the global renewable energy industry, too. Across the world’s financial centres the market value of renewable energy developers climbed as the election results confirmed the Republicans had lost control of the Senate and House of Representatives. Continue reading...
Read moreDemocrats’ success was helped by popular anger over tech, AI and the super rich – life for billionaires could become much more difficult The photo of Silicon Valley centibillionaires at Donald Trump’s inauguration – Musk, Bezos and Zuckerberg, front row and side by side – now looks like a hitlist for a blue Congress hellbent on making life difficult for billionaires. The picture symbolized at the time the bending of the knee by the richest men in the world to its most powerful, a symbiosis of the ultra-rich. Already unfathomably wealthy, Silicon Valley tycoons believed a Maga-sized public shif
Read moreGordon Brothers still in ‘active discussions’ with interested parties and seeking to ‘protect as many jobs as possible’ The US owner of Poundland has said the high street chain remains “challenged and vulnerable” after holding talks with ministers amid government criticism of its handling of the retailer. Gordon Brothers said on Thursday morning that it was still in “active discussions” with interested suitors and had been seeking to “protect as many jobs as possible”. Continue reading...
Read moreAs Australia’s oldest department store goes into administration, shoppers mourn its demise amid an uncertain future
Read moreIn today’s newsletter: From the cost of living to the AI bubble and the fight against fascism, Weber answers Guardian readers’ questions on how to build a fairer economy and world
Read moreWe were promised a panacea for the climate crisis and a way to save our food system. So why is nobody firing up the chicken vats? I went to find out
Read moreFuture of Australia’s upmarket department store in jeopardy after years of steep losses, and outer suburban and regional locations vulnerable
Read moreThe tech billionaire set spending record as he poured $446m into campaigns for failed Republican candidates Elon Musk set a record for election spending this year after pouring nearly half a billion dollars into backing Republicans in the US midterm elections. It turned out to be a poor investment. The SpaceX and Tesla CEO contributed at least $446m to Republican-aligned Super Pacs and groups over the course of the elections, specifically targeting several key Senate races in an effort to help the Trump administration retain Republican control of Congress. He outdid his own 2024 spending of ne
Read moreThe brand's 38 physical stores and online site will continue to operate while receivers review its operations.
Read moreBC Partners reportedly walks away after player exodus LIV set to appear at bankruptcy hearing on Thursday The rebel LIV Golf tour’s attempt to relaunch itself after filing for bankruptcy has collapsed following the withdrawal of the new lead investor BC Partners, according to reports on Wednesday. The private capital firm made the decision to walk away after struggling to convince several star players to commit fully to the league going forward, the Financial Times and the Athletic reported, citing anonymous sources. Continue reading...
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