Business / Finance
ZachXBT names French bank Crédit Mutuel Arkéa as suspected victim of $133 million crypto theft
Blockchain sleuth ZachXBT says the French bank may have lost more than $133 million from crypto exchange accounts. Crypto.com confirms it has blocked funds linked to the theft.
Elon Musk floats space data centers as Democratic sweep puts pressure on AI trade
Texas election result raises fears of data centre restrictions, while Musk and Palihapitiya draw attention to the space economy.
‘A true icon of the hair industry’: celebrity hairstylist John Frieda dies aged 75
Businessman styled stars such as Twiggy, Madonna and Joanna Lumley and created popular hair care line Frizz EaseJohn Frieda, the celebrity hairstylist who launched his own bestsel…
US dollar slides after Democrats’ midterm election win as growth fears rise
Concern over greater AI regulation, while investors move into US treasuries as Trump faces political gridlockBusiness live – latest updatesUS midterm elections – live updatesThe U…
Bitcoin ETFs lose $1.16B as Bitwise calls selling ‘short-term’
Bitwise’s André Dragosch attributed Bitcoin ETF outflows to weaker market sentiment, saying institutions have largely maintained their exposure.
Morgan Stanley says it is among the first banks to tokenize real world assets
The bank's announcement follows the launch of the Depository Trust & Clearing Corporation’s Tokenization Service, or DTS, on Oct. 28.
Binance hackers move 81% of stolen Solana, route funds via THORChain
The Binance attackers moved most of the stolen SOL and continued laundering funds through THORChain after the protocol resumed swaps.
Liverpool owner FSG holds talks over buying majority stake in Cadillac F1 team
Deal would be worth more than £2bnCadillac are jointly owned by Mark WalterLiverpool’s owner, Fenway Sports Group, has held talks about buying a majority stake in the Cadillac For…
Dollar falls while gold and US Treasury bonds rally as markets react to Democrats’ midterm election victory – business live
Democrats’ capture of Congress raise expectations of tougher regulation of AI sector; US stock futures fall but later pare lossesChristopher Hodge, chief US economist at Natixis i…
M&S takes more than a year to recover from cyber-attack as profits bounce back to £355m
Sales and profit from clothing and homeware remain below two years ago but ‘brand is in good health’Marks & Spencer has said a devastating cyber-attack that shut down its website …
Zcash grants committee drops plan to redirect 98,000 ZEC to future mining rewards
The committee withdrew its proposal after community backlash, leaving competing plans to cut off its funding or preserve the existing grants system.
AMC’s A-List members now make up 20% of U.S. attendance. Its $4 billion debt is the harder test
The typical subscriber sees two or three films a month. Record revenue hasn’t yet erased AMC’s losses or the roughly $4 billion it owes.
‘Eventually I won’t have a choice’: Car subscriptions for remote start and extra horsepower pile on top of a record $787 average payment
Automakers are charging monthly for remote start and extra horsepower already built into cars. Next to a record $787 average car payment, the fees are easy to overlook.
MacKenzie Scott’s gifts come with no strings—but the four biggest donors to democracy programs put $189 million into institutes bearing their names
The four largest gifts to democracy programs from 2021 to 2025 created or expanded university institutes named for Leonard Schaeffer, the Rooneys, the Karshes, and the Kinders, ac…
Democrats win US House to secure control of Congress in midterms
Democrats will take control of House committees in January 2027, giving them power to investigate President Donald Trump’s administration.
‘People really effing hate data centers’: How the AI buildout became the midterms’ affordability issue
Abdul El-Sayed, Sherrod Brown and Amy Acton all campaigned against data centers, and even some Republicans moved their way.
Bitcoin bounces from 7-week low under $76K as Democrats sweep Congress
Bitcoin price downside reached a seven-week-low of $75,618 as 24-hour crypto long liquidations neared $300 million.
‘This might just be the biggest defeat for big money in politics’: Billionaires poured hundreds of millions into Tuesday’s races and still lost
Elon Musk’s pick lost in Texas and billionaires Vivek Ramaswamy and Rick Jackson lost their own races, though California’s wealth tax is trailing.
Our house purchase is at risk from a frozen Revolut account
Access to our £37,000 deposit in a savings account is restricted after a ‘routine security review’My wife’s Revolut account was frozen in what it calls a “routine security review”…
Voters were sick of incumbents. Tuesday was only the third time in 50 years a party lost control of both chambers of Congress at once
Republicans lost a six-term senator, a three-term governor and two appointed senators as voters named the cost of living a top issue.
Ohio already has 125 local data center moratoriums. Early results from its 21 ballot measures on AI infrastructure have determined there will be more
The Buckeye State has become the prototype for how the country will respond to the rapid buildout of AI.
Bitcoin knocks on $78,000 in V-shaped comeback as midterm election uncertainty fades
BTC is steaming higher as U.S. midterm election uncertainty fades.
Susan Collins’ Maine concession could leave New England without a Republican in Congress for the first time since the 1850s
“It has been the honor of my life,” Collins said. One uncalled Maine House race will decide whether a GOP streak dating to 1854 ends.
Leisure centre price hikes on the way
The rises would impact Perdiswell, St John's Sports Centre and Nunnery Wood Sports Complex.