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Elon Musk sues OpenAI again, alleging ‘deceit of Shakespearean proportions’

Tesla CEO alleges his former partners, including CEO Sam Altman, manipulated him into co-founding the company

US chip factory workers say it’s a ‘struggle to survive’ on their wages as industry booms

Companies stand to gain billions in federal funds and tax breaks as employees suffer in poor working conditions

The lawless mining gangs targeting the Amazon’s precious green energy minerals

As demand for the tin ore cassiterite soars, special forces units of Brazil’s Ibama environment agency must play a cat and mouse game with the thousands of illegal miners pouring into Yanomami reserves

UK shelves £1.3bn of funding for technology and AI projects

Britain’s first next-generation supercomputer, planned by Tories, in doubt after Labour government move

Apple beats earnings forecast despite decline in iPhone sales

Tech giant’s revenue rises 4.9% to $85.78bn despite phone sales falling 0.9% and trend of decline in key China market

Intel announces plan to cut 15,000 jobs to ‘resize and refocus’ business

Firm reported a loss in its second quarter and said it would cut 15% of its workforce to cut costs and compete with rivals

US investors trigger major Wall Street sell-off over recession fears

Cooling job market, slowing manufacturing and tumbling stock market lead to big tech sell-offs

CrowdStrike accused of defrauding investors in class action lawsuit

Company says it will vigorously defend claim by pension fund that its stock price was kept artificially high

Strong earnings report pushes Meta shares up amid heavy AI spending

Stock price grew around 5%, which revealed the company outperformed analysts’ expectations for its second quarter

Mixed signals on tech stocks amid debate over viability of AI boom

Fears of fresh sell-off after Nvidia and Microsoft shares dip, but other chip stocks continue to rise

UK regulator looks at Google’s partnership with Anthropic

CMA to consider whether deal with AI startup is a potential merger, which could prompt full investigation

Ebike entrepreneur Valeria Labi: ‘If I see a problem and I think it can be solved, I follow that thread’

The British-born businesswoman behind Ghana’s first electric bike is out to woo Africa’s delivery riders away from costly and polluting petrol while cutting carbon emissions

Chinese firms win record 11% EV share in Europe as buyers rush to beat tariffs

State-owned SAIC, parent of the British brand MG, was responsible for biggest jump in sales in June

McDonald’s sales fall for first time since 2020, as higher prices deter consumers – as it happened

Live, rolling coverage of business, economics and financial markets as McDonald’s faces pressure to cut prices and lure back customers

Bitcoin price hits six-week high after Trump backs cryptocurrency

Former president says he will end persecution of crypto industry if he wins US election in November

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  • Middle East war ‘could wipe out 75% of chancellor’s budget headroom’; UK inflation climbs to 3.3% – business live
  • Tui cuts profit forecast as effects of Iran war cost travel group €40m
  • ‘Get back to work’: Amazon faces fresh scrutiny over workplace safety record
  • UK inflation rises to 3.3% amid biggest jump in fuel prices in more than three years
  • UK firms to face tougher checks on export licences to bolster sanctions on Russia
  • Why Trump’s pick for Fed chair will not bring home the bank for the president
  • Anthropic investigates report of rogue access to hack-enabling Mythos AI
  • AI hallucinations found in high-profile Wall Street law firm filing
  • Calls for change to rules after stretch of Thames fails to gain bathing water status
  • Coles adds 20c to the price of milk as war in the Middle East pushes up Australian grocery costs
  • City watchdog faces legal action over £9.1bn compensation scheme for car loan victims
  • Woolworths’ ‘Prices Dropped’ rules intended to prevent ‘gaming’ the promotional system, executive tells court
  • UK could face ‘hacktivist attacks at scale’, says head of security agency
  • Democrats celebrate as Virginia voters approve new congressional maps that could flip House seats in their favor – as it happened
  • Takeaway coffee sales plunge as fuel and living costs dent Australian spending. Is the economy next?
  • Trump’s Fed chair pick says he’ll maintain independence – but won’t say president lost 2020 election
  • The Guardian view on the true cost of the Iran war: bombs kill – but so does the economic fallout
  • Four key takeaways from Apple’s change of leadership
  • Miliband’s ‘break the link’ plan is not a magic formula for lowering energy bills
  • Airlines demand UK relax noise rules and cut flight tax as fuel shortage looms
  • Shake-up will help UK motorists without driveways to charge EVs
  • Why are UK electricity prices linked to gas – and what does it mean for bills?
  • Carney names broad team to advise on tense US-Canada trade talks
  • Welsh farmers launch landmark claim against ‘intimidating’ pylon firm
  • Wage growth hits lowest level since November 2020; Rachel Reeves will not take ‘knee jerk’ action on Iran war – as it happened
  • UK unemployment shows surprise fall to 4.9% as pay growth drops to lowest in five years
  • Primark to split from food business despite warning of Iran war impact
  • Royal Mail invests £500m to tackle late deliveries as second-class post cut back
  • Kevin Warsh: Trump’s ideal choice to push Fed to cut interest rates
  • ‘Uber for nurses’: gig-work apps lobby to deregulate healthcare, report finds

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