Washington Post announces sweeping layoffs as it scales back news coverage
A former editor describes the massive cuts as one of the “darkest days” in the history of the storied newspaper. Read More
Wegovy maker warns price cuts ‘painful’ for firm as shares plunge
Novo Nordisk is facing “unprecedented” price pressures, “intensifying competition” and patents expiring. Read More
Clients and staff in dark as law firm shuts doors
Staff and clients say they are desperate for answers following the sudden closure of PM Law. Read More
Gold rebounds above $5,000 after US downs Iran drone
Precious metal price voliatility continues as geopolitical tensions push investors to safe-haven assets. Read More
Walmart becomes first retailer to hit $1tn market value
The milestone reflects the US retail giant’s booming e-commerce business and investors’ embrace of its AI investments. Read More
One million people miss HMRC tax return deadline
The UK’s tax authority says 27,456 people filed in the final hour before the cut-off at the end of Saturday. Read More
Disney names Josh D’Amaro as new chief executive
The media giant chooses the head of its amusement park business to replace longtime boss Bob Iger. Read More
Stop watching Netflix and go to the pub, Welsh first minister says
Eluned Morgan said her government can’t be expected “to step in and do the work” to save struggling pubs. Read More
EU has ‘open mind’ on UK customs union debate, says commissioner
Valdis Dombrovskis says the EU is willing to engage with Britain amid mounting global uncertainty. Read More
PepsiCo to cut some US snack prices after backlash
The snack conglomerate is cutting the price of products including Doritos, Cheetos and Lays Read More