Business News

Fred Drasner, the feisty and influential leader who helped revive the New York Daily News in the 1990s, has passed away at the age of 83. Learn about his remarkable career and impact on the iconic newspaper.

Ex-hedge fund manager Crispin Odey forced to abandon £79M libel lawsuit against the Financial Times over sexual misconduct allegations, lawyers say.

Discover why reopening the Persian Gulf's vital energy channels may not immediately reduce gas prices, despite hopes for increased supply.

Discover the best Home Depot's spring sale offers on top-rated grills and tools from leading brands like Ryobi, DeWalt, and Milwaukee.

Ascend Elements, a leading battery recycler, has filed for Chapter 11 bankruptcy due to a canceled government grant and challenging market conditions for lithium-ion batteries.

Philz Coffee faces growing backlash after announcing plans to remove Pride flags from its stores, sparking outrage from the LGBTQ+ community.

Skyrocketing energy prices due to the Iran war fueled the largest monthly increase in the Consumer Price Index since the pandemic inflation peak in June 2022.

Starbucks's UK retail division saw its losses widen to £41.3 million even as sales rose 6% and it added 92 new stores, highlighting the company's complex tax arrangements.

European airline industry on alert as closure of Strait of Hormuz threatens to disrupt fuel supplies within 3 weeks, warns airport trade body.

Bob Law, a trailblazing talk-radio host who gave voice to the African American community, has passed away at the age of 86. His influential career left a lasting impact on the industry.