Business / Finance
‘Who’s watching those in these organizations?’: Experts and policymakers look to close ‘loophole’ regulations on park rides following Six Flags’ death
In the U.S., roller coasters and other rides at major amusement parks such as Six Flags are not regulated by the federal government.
Taser maker Axon is mandating AI use to speed up work as its surveillance tools face scrutiny
The Taser maker has infused AI in its products and internally has set productivity mandatory targets for its 2,200-person R&D team.
The UK energy secretary is flirting with a bad idea for bills – the ‘rising block tariff’
There are many reasons to ignore this affordability ‘solution’, not least it being complex and fiddly. Just keep things simple“My mark of failure or success is whether I can get b…
Kalshi CEO says state-led oversight of U.S. prediction markets would push them out
CEO Tarek Mansour said he feels "pretty good" about the pending outcome of the current legal fight over who has the right to regulate prediction markets.
‘There is no magic’: IMF says U.S. and other nations must ‘go in a direction of tightening’ global debt as economic growth can’t ‘deliver fast enough’
Meanwhile, rising bond yields, reflecting higher premiums demanded by investors for taking on greater risk, have been disrupting financial markets.
Standard Chartered pushes $2T stablecoin forecast to 2030 as transaction volumes grow
The bank identified four distinct stablecoin markets, with USDC leading payments and AI transactions as competition intensifies over reserve yields.
To unlock Britain’s innovation potential, Labour needs to think outside the box | Letters
Kate Fleming says the government must look beyond the models it rewards today, while Jenny Haigh says unlocking potential means recognising that creativity and science are partner…
The problem with living in a rich man’s world | Letters
David Redshaw and Fernando Quintana respond to reports of a billionaire exodus from BritainThe idea that the departure of the super-rich is a problem ignores a historical fact (Ap…
Avoid Amazon and its creepy profiling. Your life will be richer without it | Brief letters
Ethical shopping | Ottolenghi’s fanbase | Successful Lib Dem leaders | Global taxation policies | Good riddance to billionairesHappily, Amazon thinks nothing about me because it d…
'It Can Take Years': Coinbase Presses for Bitcoin Quantum Migration to Start Now
In a detailed technical post, the exchange argued Bitcoin’s multi-year migration to quantum-resistant cryptography must begin before any “Q-Day,” laying out requirements spanning …
Travis Kelce joined an activist group pushing Six Flags to consider a sale. The ‘Final Destination’-style death of a patron poured gas on the fire
The NFL star teamed up with activist hedge fund Jana Partners and other investors last October to acquire a roughly 9% stake in Six Flags.
Palantir and Sadiq Khan drop legal battle over Met contract
Dispute related to claims London mayor blocked US tech firm from £50m police deal because of concerns over its valuesPalantir and the London mayor, Sadiq Khan, have called off the…
Done family took £30m dividend from Betfred before warning of job cuts
Money was withdrawn from gambling firm before founder warned chancellor against doubling machine games dutyThe billionaire Done family took a £30m dividend from their Betfred gamb…
Exclusive: Koch’s venture arm backs a16z-backed Emanate’s push to bring AI to industrial sales
“Doing nothing isn’t neutral in this market,” says Emanate founder Kiara Nirghin.
'It's rough out here': Americans struggle with rising inflation
US inflation continues to rise, and this month the jump was above forecasts. Here's how some are surviving.
Kraken parent company Payward to become first crypto firm to buy a European Bank
Payward announced an agreement to buy Lithuania-based Saldo Bank to offer deposits, loans, and payments across Europe.
Netflix to cut 1,000 jobs worldwide
The cuts - the steepest since 2022 - equates to around 6% of its total workforce worldwide.
‘The biggest financial institutions are not above the law’: Bessent hits BofA with $1.2 billion fine for money laundering—the third-largest in history
The penalty includes $750 million that will go to the U.S. Office of the Comptroller of the Currency, the largest fine ever imposed by that federal bank regulatory agency.
AI agents make 138 million crypto payments as U.S. dominates spending on AI models
U.S.-linked wallets account for just over 88% of tracked AI model payments, dwarfing China’s 0.1% share, according to new Chainalysis research.
Kalshi co-founder says having ‘no VPs’ has been key to company’s explosive growth
Luana Lopes Laura, the world's youngest self-made female billionaire, shared her approach to corporate management.
‘The island is second to none’: Trump says ‘massive’ oil, gas and mineral exploration set to begin in ‘our new and beautiful’ Greenland
Last month Trump signed an agreement with the leaders of Denmark and Greenland to strengthen security in the Arctic and North Atlantic.
Netflix to lay off about 1,000 employees in biggest cuts since 2022
Streaming company faces tough competition for viewers and engagement from legacy rivals and YouTubeNetflix is laying off 6% of its workforce, or roughly 1,000 employees, in it…
Crypto Long & Short: Why gold and bitcoin belong in the same portfolio
Inside the college majors at elite universities where graduates earn more than $250,000—over 4 times their peers
Carnegie Mellon had six programs whose graduates earned more than $150,000 annually—the most of any university on the list.