The dubious story of a student who won $100,000 betting on the weather

Urban legend has it AI-based system scanned aviation data and weather-betting sites, then identified mismatches to get good odds

GameStop CEO opens eBay storefront to pay for potential eBay acquisition

Ryan Cohen selling tube socks and baseball cards after offering $55.5bn, although source of funds remains unclear

There will still be a need to have gas in the wings to keep the lights on, so the financials stack up on Severn plant purchase

Senators sent letter to FCC chair, Brendan Carr, in protest at commission’s order last week challenging ABC’s licenses

Rolling coverage of the latest economic and financial news

Firm benefits from conflict to rake in $6.9bn as higher energy prices turbocharge profits

Oil firm seeks to reduce stake in carbon capture and storage projects in north-east of England after schemes fail to win over shareholders

The brash mogul once known as ‘the mouth from the south’ took on established broadcasters and changed TV for ever

Retail group with 4,800 stores worldwide expects drop in profits this year amid ‘muted market’

Stansted passengers disagree that stopping airports serving alcohol before early flights will reduce bad behaviour

Exclusive: Documents show Modella Capital, which bought the chain last year, is so far owed £2.9m in royalty fees

Monthly rise in prices of fuel and raw materials, driven by Iran war, is one of steepest since survey began in 1997

London Waterloo services particularly hit after radio network problem prevented communication between drivers and signallers

US war with Iran drives diesel fuel prices up during spring planting season, ‘hitting us at the wrong time’, farmers say

Windfall profits could lock in Trump-era political wins for the industry and slow clean-energy transition