'We screwed up': Doordash admits underpaying New York workers
DoorDash has agreed to pay a $131.5m (£99m) settlement to New York City regulators after the food delivery giant admitted failing to compensate thousands of workers correctly or on time.
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Davey promises tax cuts for millions if UK rejoins EU single market
The Liberal Democrats will fight the next general election on a promise to cut taxes for millions of workers, Sir Ed Davey has said in a speech to his party conference.
FTSE 100 today: Stocks rise as Iran Hormuz offer drives oil sharply lower
August 5, 2026, 3:53 AM EDT.IPOs such as SpaceX and ChangXin Memory Technologies have generated worldwide interest, particularly across the tech and AI sectors. Still, with founders trying to maximize returns and invest…
Sir Jim Ratcliffe suspends production at key UK plants blaming high gas prices
Billionaire Sir Jim Ratcliffe's industrial giant Ineos is pausing production at its three plants in Hull, blaming high UK gas prices.
Why is LM Ericsson stock down today?
Ericsson (NASDAQ: ERIC) has appointed Christophe Van de Weyer, currently Head of Business Unit API at Vonage, as Head of Business Area Global Communications Platform and CEO of Vonage, effective August 15, 2026.
Spain battles climate change on several fronts
A summer of wildfires and heatwaves underlines the threats to the country's economy.
UK August borrowing hits highest non-pandemic level at £18.3 billion
UK Government borrowing rose in August to the second-highest level for the month on record, coming in above forecasts and piling pressure on Chancellor John Healey ahead of his first autumn Budget, figures show.
Flights at major US airports delayed after cable cut by construction workers
Hundreds of flights have been delayed at major airports in the US after construction workers accidentally cut a cable needed for air traffic control.
Flights at major US airports delayed after cable cut by construction workers
Verizon, which owns the cable, says it is working to repair it "as quickly as possible".
I'd rather pay thousands on a holiday: Meet the pensioners spending the kids' inheritance
Happily retired, Sarah Moorhouse is using her private pension "to go places and do nice things at the drop of a hat".
Canadian province sues OpenAI over Tumbler Ridge school shooting
A Canadian province is suing OpenAI over its alleged failure to notify authorities about concerning user interactions on ChatGPT prior to the Tumbler Ridge mass shooting.
Paramount settles lawsuit with US states, clearing way for $110bn merger with Warner Bros
The deal includes an agreement to produce 30 films a year, or Paramount will be forced to sell off parts of its company.
Vet prescription fees capped under rule changes
Written prescription fees from vets will be capped at £21 as part of a raft of changes that practices will be legally required to bring in over the coming months.
Airlines criticise air traffic control as second glitch causes more disruption
Airlines have criticised the UK's air traffic control system after a second technical problem in two weeks caused major disruption to UK flights
FTSE 100 today: Stocks climb as oil slides on hopes for Iran de-escalation
August 5, 2026, 3:53 AM EDT.IPOs such as SpaceX and ChangXin Memory Technologies have generated worldwide interest, particularly across the tech and AI sectors. Still, with founders trying to maximize returns and invest…
Repeated air traffic control failures leave us in worrying territory
To have one air traffic control failure in a fortnight may be regarded as a misfortune, to have two looks like carelessness. The UK's air traffic services provider is coming in for a wave of criticism at the moment, so …
US Economy Picks Up in Q3 as Rising Rates Threaten Momentum
Canada’s economic growth challenges are expected to ease as the Bank of Canada continues to lower interest rates further and more quickly than other advanced economy central banks—but not right away, and longer-run chal…
Bernstein unveils new gold price forecast for 2030
Goldman Sachs and Standard Chartered cut Bitcoin forecasts to $150K by 2026 amid 30% crash from ATH, delaying $500K target to 2030.
Trump pushes "super intelligence," dismisses AI risks and eyes China hotline
For continued coverage of the UN general assembly week and tonight’s meeting between the US president, Donald Trump, and Ukraine’s Volodymyr Zelenskyy, join my US colleagues over here:
Tories pledge to bring back tax-free shopping for tourists
The Conservative Party has pledged to bring back tax-free shopping for tourists from outside the European Union.
UK should 'team up' with Canada in new Europe alliance, Canadian minister tells BBC
The UK should "team up" with a proposed economic alliance between Canada and Europe, Canadian Finance Minister François-Philippe Champagne has said.
US and China discuss AI safety plan ahead of Trump-Xi summit
Top US and Chinese officials have discussed creating a new "notification mechanism" for AI incidents that could affect national security, Treasury Secretary Scott Bessent told reporters on Sunday.
Nvidia boss rejects AI extinction fears as 'doomsday narratives'
Nvidia CEO Jensen Huang has described warnings that AI could lead to humanity's extinction by the next decade as "doomsday narratives".
U.S. stock index futures rise with China summit, Iran tensions in focus
U.S. stock futures were in the red early Thursday as heavy capex plans and earnings misses from heavyweights such as Alphabet and Tesla continued to weigh on market sentiment. Investors also remain cautious amid escalat…