Business

Jonathan Raa | Nurphoto | Getty Images Elon Musk‘s startup Neuralink on Wednesday said part of its brain implant malfunctioned after it implanted the system in a human patient for the first time. Neuralink has built a brain-computer interface, or a BCI, that could eventually help patients with paralysis control external technology using only their

The high street billionaire Mike Ashley is closing in on a deal to become the new British partner of Ted Baker, the struggling fashion chain. Sky News has learnt that Frasers Group has emerged as the preferred partner for the chain following the colllapse of No Ordinary Designer Label (NODL), Ted Baker’s existing UK licensing

Republican presidential candidate and former U.S. President Donald Trump gestures while he walks with his attorney Todd Blanche, as his criminal trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016 continues, at Manhattan state court in New York City, U.S., May 6, 2024.  Brendan

One of Britain’s biggest carpet retailers is axing more than 25% of its head office staff as it grapples with a protracted downturn in trading. Sky News understands that Carpetright, which is privately owned, notified staff on Tuesday morning that roughly 70 jobs would be lost as part of a cost-cutting process. The redundancies will

Dozens of former employees who say they were fired from Bowlero based on their age or out of retaliation plan to sue the bowling chain after the U.S. Equal Employment Opportunity Commission closed its case against the company, the attorney representing the claimants said Monday. Bowlero, the world’s largest owner and operator of bowling centers,

Heineken is investing £39m in more than 600 of its pubs in the UK – in a move it says will bring 62 back from the dead. The Dutch brewer said the cash injection into its Star Pubs operation will create more than 1,000 jobs. According to Star Pubs, 612 pubs are set to benefit,

Trump's historic criminal trial enters week four. Read original article here.

Authorities in California have been mocked over a “billion-dollar” bridge to nowhere. The state government of California has long planned for a Los Angeles to San Francisco high-speed rail project. Despite initial funding being approved back in 2008, the line is still a long way off and expected to cost over $100bn in total. So

Berkshire Hathaway Chairman and CEO Warren Buffett on Saturday addressed losses tied to bets on Paramount Global , as well as his reasoning behind slashing the company’s Apple stake by 13% . Buffett opined that trimming the company’s stake in Apple was in part due to tax reasons after the stock roared in 2023. “It

Ordinary investors will be awarded ‘bonus’ shares in NatWest Group if they hold onto stock they acquire in the taxpayer-backed bank, under a plan expected to be finalised by ministers later this month. Sky News has learnt key details of the options being explored by the Treasury for a multibillion pound retail offer of NatWest shares,

Squishmallows in the images of Warren Buffett and Charlie Munger display at the Berkshire Hathaway Annual Shareholder Meeting at Omaha, Nebraska, on May 3, 2024. Sarah Min | CNBC OMAHA, Neb. — Warren Buffett’s annual shopping event, the pregame to Berkshire Hathaway‘s annual meeting, is wowing shareholders flocking here this weekend. With over 20,000 square

Official figures have raised fears of a deepening public sector drag on the UK’s economic recovery from recession. Data from the Office for National Statistics (ONS) showed that productivity in the public sector, dominated by education and healthcare, deteriorated between the third and fourth quarters of 2023. It measured a 1.0% decline over the period,

Republican presidential candidate and former U.S. President Donald Trump shouts during a campaign event in Freeland, Michigan, U.S. May 1, 2024.  Brendan Mcdermid | Reuters The Securities and Exchange Commission under a second Donald Trump presidency would roll back the aggressive stance the government agency has taken against corporate giants with current chairman Gary Gensler

A price comparison platform which enables small businesses to assess the relative cost of payment services is raising millions of pounds to fund its growth. Sky News understands that Tuza, which launched last September, has secured £4m of seed capital from investors led by Connect Ventures. Northzone, an early-stage backer of Spotify, also participated in

A view of the Exxon Mobil refinery in Baytown, Texas. Jessica Rinaldi | Reuters The Federal Trade Commission will wave through Exxon Mobil‘s roughly $60 billion acquisition of Pioneer Natural Resources after reaching an agreement with the energy giant, a source familiar with the matter told CNBC. The FTC will not block the deal now

Ian King discusses Nationwide’s figures showing a surprise fall in UK house prices, which are down for the second month running. He’s also talking to a company that’s installed its first Electric Vehicle charge point powered from a street cabinet. And Ian speaks to the founder of a new platform that claims to give retailers