Democrats urge windfall tax as big oil set to make billions from Iran war
Progressive and green groups join call for tax on major fossil-fuel companies to help offset rising living costs
Oil and gas prices rise again after Iran attacks production facilities
Brent crude price climbs as operations suspended at Shah gasfield in UAE after Iranian strike
Rachel Reeves reveals push for fiscal devolution to English regions, says Brexit caused damage, and admits student loan system is ‘broken’ – as it happened
Chancellor says Brexit may have cost 8% of UK GDP in wide-ranging Mais lecture at Bayes Business School in London which also called for AI push
CBS News workers hold 24-hour walkout for new contract
Writers Guild of America East says management failed to offer fair wages and basic job protections
US media mogul sees a big opportunity in the cuts at the Washington Post
Robert Allbritton’s Notus plans to double its newsroom staff, which includes hiring prominent ex-Post journalists
Canadian billionaire Stephen Smith buys 27% stake in the Economist
Weekly news magazine’s parent company makes third significant ownership shake-up in its 183-year history
‘It’s going to upset the balance’: how will Paramount buying Warner Bros change Hollywood?
Warner Bros might have swept the Oscars with Sinners and One Battle After Another, but the impending merger has those in the industry worried about the future
Bentley to cut hundreds of UK jobs amid ‘challenging global market environment’
Carmaker reduces office-based roles and will not fill vacancies ‘to ensure long-term competitiveness of business’
Australian households fear double whammy of rate hikes and higher petrol prices will lead to recession
Borrowers face losing hundreds of dollars a month in higher repayments and rising pump rices will add to the pain, economists warn
Surfing’s big break: how climate crisis insurance may save El Salvador’s waves
Fearing that extreme weather threatened its epic breaks, Oriente Salvaje is piloting the first surf insurance policy to protect livelihoods and ecosystems
Warner Bros CEO David Zaslav in line for $700m payout from Paramount deal
One of the best-paid executives in Hollywood has already made $113m after selling shares in WBD this month
New mortgages up by £800 a year amid ‘Trumpflation’ from Iran war
Nearly 700 deals pulled in two weeks and only a few fixed-rate products below 4% are available, says Moneyfacts
London bars shun Margot Robbie’s gin over shellfish allergen concerns
Exclusive: actor’s Papa Salt gin to get oyster-free version after venues says it is ‘not worth the risk’
Close Brothers banking group to cut 600 jobs and roll out AI ‘at pace’
Specialist lender’s shares plunge after short seller claims it will have to raise provision for car finance scandal
Starbucks shareholders push to oust board members over stalled union talks
Board members Jørgen Vig Knudstorp and Beth Ford face scrutiny for the coffee chain’s ongoing labor dispute