Business / Finance
Who is John Ternus, Apple’s new CEO?
Hardware engineering executive succeeding Tim Cook is a longtime Apple insider, indicating company will continue strategy that has led to record profitsTim Cook stepped down as CE…
A crypto fantasy platform has left the Premier League tangled in a $13.5 million U.K. criminal probe
Authorities are investigating a payment deposited into one of the league’s bank accounts.
Private equity keeps picking off London-listed firms – and Westminster barely notices
Bodycote is the latest FTSE 250 industrial company set to fall to an overseas bidder, despite the government’s talk of ‘reindustrialising’The UK is in the business of “reindustria…
Bank of America vice president identified as victim in random Times Square stabbing
Erin Piacenti, 32, died after a woman with a documented mental health history attacked two strangers.
BofA, Citi, Goldman Sachs among 21 institutions planning stablecoin launch
The planned venture will initially focus on a US dollar stablecoin before expanding to other G7 currencies, with a euro-denominated offering next.
UK entrepreneur makes £500,000 political donation to Restore Britain
Simon Galbraith says Rupert Lowe’s party can ‘spark a British renaissance’ if it gets into powerThe hard-right Restore Britain party has got its first major donation of £500,000 f…
X Data Breach? Users Are Getting Flooded With Password Reset Emails Nobody Requested
X engineers have acknowledged the issue, but have not confirmed a new data breach of its systems.
Once a champion for physical media, Sony is now telling PlayStation customers they don’t actually own the digital video games they paid $70 for
A class action lawsuit filed in June alleges the PlayStation maker did not properly disclose that paying for a downloadable game is different than owning it.
Cathie Wood’s Ark Invest Buys $37 Million in Bitcoin and Payments Firm Block
The investment firm bought 456,059 Block shares across three ETFs and added $3.4 million in Circle stock.
Ethena launches USDe payments app, offers 6% rewards
The self-custodial app brings USDe into everyday payments, savings and cross-border transfers, with annualized rewards of up to 6%.
Andy Burnham pays tribute after Keir Starmer says he is stepping down as MP – video
In his first address to the House of Commons as prime minister, Andy Burnham paid tribute to his predecessor, Keir Starmer, who announced he was standing down as MP for Holborn an…
Life is too expensive for too many - PM says
Burnham said his government's first moves were designed to give people 'breathing space'.
'We can make this next decade better than the last'
The new prime minister tells the Commons they can lift the prospects of all people in all places.
Citi, Goldman, other global banks and asset managers team up on stablecoin venture
The group will focus first on a U.S. dollar stablecoin for payments and digital asset settlement, with a euro token a priority for expansion.
Bitcoin stays flat as global bond bear market rages on, pushing JGB to high
Global bond yields hit multi-decade highs today as Japan’s 10-year JGB yield reached a 30-year peak, keeping Bitcoin steady near $78,000.
How to get a refund when using your credit card
Consumer expert Harry Kind explains how you can get your money back.
A new bill would tax AI tokens to fund jobs if the technology causes mass unemployment
Revenue from a proposed excise tax would fund housing construction, infrastructure, child care and elder care as automation spreads.
Robinhood's new crypto network is printing cash, and it's sending Arbitrum's token soaring
Revenue on Robinhood Chain hit a 24-hour record of $1.9 million, driving a 30% rally in ARB as traders chased downstream gains.
‘Not perfectly aligned’ with human values: Anthropic admits security failures behind AI hacking incidents
The US owner of the Claude chatbot previously said its models had hacked three organisations during testingThe US startup behind the Claude chatbot has admitted a series of hackin…
France targets Shein and Temu with fast fashion fees
The levy on "ultra-fast fashion" items could reach almost €20 per garment by 2030.
War knocked Dubai’s airport traffic down 31%. Its CEO says its global hub ambitions haven’t changed
Dubai’s global aviation hub credentials have been stress-tested by the Iran war this year. While geopolitical volatility prevails, the speed of its operational recovery suggests t…
Apple’s new CEO John Ternus once told Gen Z to ‘never assume’ they know as much as others—he says it’s the mindset hack that will push you forward
Apple CEO John Ternus shared the mindset hack that steered his 25-year career at the $4.6 trillion tech giant: "Assume you’re as smart as anyone else."
Musk’s X hit by wave of unsolicited password reset emails
Multiple crypto industry figures and CoinDesk staff received unexpected password reset emails on Tuesday, though there is no evidence yet that X itself has been breached.
EY is dangling bonuses of up to $25,000 for workers who prove their human skills still matter in the age of AI
EY is betting on human skills like judgment and adaptability, offering workers cash awards of up to $25,000 as AI transforms accounting.