Business News

In a move to embrace sustainable steelmaking, British Steel has unveiled a £1.25 billion plan to replace two blast furnaces at its Scunthorpe plant with electric arc furnaces. This follows the UK government's commitment in September to invest up to £500 million towards an electric arc furnace at Tata Steel's Port Talbot plant in south Wales.

Spotify says it's axing 17% of its global workforce, the music streaming service's third round of layoffs this year as it moves to slash costs while focusing on becoming profitable.

Heading into his final contractual year with Ferrari, let's take a look at what the future holds for Carlos Sainz and the Audi rumors.

Major EV brands including BYD and Li Auto have either cut prices or increased the royalties for customers since late November to boost year-end sales.

As economic conditions worsen.

Luckin Coffee lost a lawsuit alleging trademark infringement in Thailand on Dec. 1, according to multiple Thai media reports, after the Chinese coffee

Alaska Airlines announced Sunday that it would buy Hawaiian Airlines for $1.9 billion, consolidating its position as the nation's fifth biggest carrier if it can attain regulatory approval.

Bitcoin on Monday rose past $40,000 for the first time since May last year, boosted by hopes that the United States will soon allow broader trading of the world's biggest cryptocurrency.

The jury ruled last week that the egg producers used various means to limit the domestic supply of eggs to increase the price of products during the 2000s.

Chase could be the best partner for Apple Card, a report proposes, with previous history between the bank and the iPhone maker seemingly making it the best possible successor to Goldman Sachs for Apple's credit-based service.

Enjoy three months of Paramount Plus at 67% off with Black Friday savings in effect now through December 3.

Major companies can’t stop talking about artificial intelligence tools, but few businesses report using them.

Help fight real-world diseases while saving digital kingdoms.

Purdue Pharma, the maker of OxyContin, filed for Chapter 11 bankruptcy protection in September 2019 after they faced scores of lawsuits related to the opioid crisis.

BMW is recalling a small number of SUVs in the U.S. because the driver's air bag inflators can blow apart in a crash, hurling metal shrapnel and possibly injuring or killing people in the vehicles.

Best Buy is slashing prices on TVs this weekend, with discounts of up to $3,000 off LG, Sony, Samsung, and TCL panels. Even stunning OLED displays are on sale.

The U.S. Navy plans to use inflatable cylinders to lift and roll a jet plane off a coral reef in Hawaii.

Man City are close to agreeing a new contract with young winger Oscar Bobb.

The end of a dramatic weekend in tech is that OpenAI has split and Microsoft is partnered with one and has hired the other; this is the ultimate failure case of what should have been a for-profit c…

Jimmy Kimmel better watch his back ... because his 13-year-old nephew, Wesley Kimmel, is banking on taking over Hollywood.