Business
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5947 articles
LA's Olympic Insurance: The $270 Million Safety Net with a Catch
The LA City Council has approved a deal to protect taxpayers from 2028 Olympic security costs, but the city remains seco...
The Thirst for Intelligence: California's Data Center Water War
A legal battle over the Colorado River's dwindling supply pits AI ambitions against agricultural survival in California'...
The High Cost of Glamour: Kate Mossโs Cosmoss Collapses with ยฃ3M Debt
A liquidator's report reveals the financial wreckage of Kate Moss's wellness venture, leaving small suppliers and royal ...
The $4 Million Allegation: Unpacking the Indictment of Heidi Beirich
A federal indictment accuses former SPLC analyst Heidi Beirich of diverting millions to undercover agents, raising quest...
Canada's High-Stakes Gamble: Is a 'Lose-Lose' Trade Deal with Trump Inevitable?
Prime Minister Mark Carney faces a brutal choice as chief negotiator Janice Charette warns the U.S. that 50% tariffs cou...
The $1.452 Billion Exit: Moneris Sale Signals Canadian Fintech Brain Drain
A major Canadian payment processor is heading south, sparking a debate over the country's failure to protect its digital...
Global Water Resources Scales Up: Tucson Acquisition and Arizona Rate Wins Drive Q2 Growth
A 24.8% revenue jump highlights a strategy of aggressive acquisition and regulatory maneuvering in the drought-prone Sou...
Seattle's $20 Monthly Power Hike: Navigating the 2027 Rate Surge
Seattle City Light is planning a 9.5% rate hike to combat inflation and aging infrastructure, potentially adding $20 to ...
The Price of Prestige: Inside the Celebrity Estate Rental Market
From royal cottages in Wales to Tuscan vineyards, the world's elite are monetizing their privacyโif you have the budget.
Labour's Zero-Hours Crackdown: A ยฃ2.9 Billion Gamble on Worker Security
New government reforms aim to end exploitative contracts, but industry leaders warn of a "jobs horror show" as costs soa...
High-Flying Negligence: Air India Pilot's Marijuana Use Leads to Mid-Air Chaos
A routine flight from Phuket to Delhi turned into a nightmare when a pilot, allegedly high on cannabis, lost control of ...
Britain's Grid Braces for Solar Eclipse Supply Dip
The National Energy System Operator issues a precautionary notice to energy producers to avoid power shortages during th...
Security vs. Solvency: The Battle Over Scotland's Chinese Wind Plant
A ยฃ1.5 billion investment promise clashes with classified security warnings as the Scottish government pushes the UK to ...
AutoCanada Navigates Profit Squeeze and $106 Million Debt Raise in Q2 2026
Revenue rose to $1.42 billion, but falling net income and a softening Canadian auto market are forcing AutoCanada into a...
Diversified Royalty Corpโs $227 Million Bet on Mr. Lube and Tires
A massive acquisition and a strategic debt paydown define Diversified Royalty Corp's Q2 2026 results.
Fed Signals Rate Pause as Inflation Cools to 3.4%
With July's CPI ticking up only 0.1%, the Federal Reserve sees little room for further hikes, signaling a strategic paus...
Nvidia's $500 Billion Gambit: Turning AI Chips Into Wall Street Collateral
By partnering with six financial giants, Nvidia is transforming GPUs from depreciating hardware into a new class of bank...
Labour's Zero-Hours Crackdown: A Win for Workers or a ยฃ3 Billion Risk?
The UK government's push for guaranteed hours aims to end exploitation but faces fierce backlash from industry chiefs fe...
Mobilewalla and SPACSphere Set Sights on 2026 Nasdaq Debut as Covariate Inc
A massive data-ingestion engine is merging with a SPAC to launch a vertical AI powerhouse, targeting a public listing in...
Starlight Capital Trust Leverages $50 Million Preferred Unit Offering to Fuel Growth
Starlight Capital Trust's June 2026 report reveals a $260 million portfolio and a strategic $50 million capital raise th...
Hot Tea and Wobbly Tables: Oil Executive Sues Starbucks Over Severe Nerve Damage
Vladimir Podlipskiy is seeking damages after a San Diego Starbucks incident allegedly left him with debilitating injurie...
Phia's Cookie Stuffing Scandal: From $40M Success to Compliance Crisis
Allegations of deceptive browser manipulation have sent Phia's revenue into a tailspin, raising questions about executiv...
Growth and Bankruptcy: The Dual Reality of Magellan Aerospaceโs Q2
Revenue surged by $55.5 million, but a US subsidiary's Chapter 11 filing reveals a complex internal struggle for Magella...
Pan American Silver Bets Big on Liquidity and Silver Records in Q2 2026
Record shareholder returns and a massive liquidity boost signal aggressive confidence, even as gold production targets f...
Chemtrade Logistics Leverages Polytec Acquisition to Offset Chlor-Alkali Slump
Revenue jumped 16.5% in Q2 2026, but rising input costs and a dip in Adjusted EBITDA reveal the volatility of the chemic...
Canada's Economic Divergence: Banking Slumps, Air Canada Losses, and Housing Surges
While Air Canada faces massive losses and bank loyalty wanes, Ontario's housing market is seeing a massive, rebate-drive...
From Solar Eclipses to Soil Failure: Jeremy Clarksonโs Climate Struggle
A missed astronomical event highlights a deeper crisis for Diddly Squat Farm as extreme weather threatens British food s...
Enbridgeโs $500 Million Tunnel Project Clears Army Corps Hurdle Amid Legal Storm
A federal permit moves the Line 5 pipeline project forward, but a Michigan Supreme Court order keeps the battle for the ...
Nostalgia and Celebrity: The New Wave of Brand Collaborations
From Whitney Houston Barbies to Pokรฉmon Tonies, a new batch of product launches is leveraging celebrity clout and childh...
Paramount Skydance May Sacrifice CNN to Save Warner Bros Discovery Merger
A high-stakes antitrust battle led by California could force a massive divestiture to prevent a media monopoly.