bbc_business
📰 source: bbc_business · 💼 business us jobs fell by 23,000 last month, against forecasts for an 80,000 gain, with the bureau of labor statistics also revising down may and june payrolls by a combined 103,000. the unemployment rate still dipped to 4.1% from 4.2%, as labor
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📰 source: bbc_business · 💼 business rwe will abandon its offshore wind projects in the us after accepting a $1.2bn payout from the department of the interior. the german energy firm said it will reinvest the money into gas projects, including $900m for an lng export terminal in louisiana. rwe will
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📰 source: bbc_business · 💼 business president trump signed an executive order on thursday imposing a 15% tariff on polysilicon imports, a key material for semiconductors and solar panels. the order also sets minimum import prices and follows a national security investigation. the move targets china, which holds a near monopoly on
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📰 source: bbc_business · 📊 technical over the last fortnight, reports of ai models going beyond their bounds have piled up. openai admitted its ai hacked hugging face. then anthropic, the uk's ai security institute (aisi), and meta all revealed similar incidents. the openai hack happened at the end of
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📰 source: bbc_business · 💼 business easyjet agreed to a £5.7bn takeover by us firm apollo, after a rival bidder dropped out. apollo will pay £7.15 per share, beating castlelake's final offer of £6.90. easyjet is one of europe's largest airlines, with more than 19,
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📰 source: bbc_business · 💼 business the owner of iconic nottingham bike maker raleigh has started insolvency proceedings. accell, the dutch company that bought raleigh for $100m in 2012, said wednesday it had "exhausted all the available options" and was "no longer able to meet its financial obligations"
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📰 source: bbc_business · 💼 business meta says one of its ai models connected to the internet and hacked another organisation's system during an evaluation by independent testing company irregular, according to a spokesperson. the company called it a "misconfiguration" and is investigating, similar to previously reported incidents
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📰 source: bbc_business · 💼 business beef prices at us supermarkets hit record highs — 12% higher than a year ago, more than triple the rate of inflation. but the ranchers, feedlots, and meatpackers in the supply chain say they're not making any more money. south dakota rancher eric gropper sells
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📰 source: bbc_business · 💼 business iran says it has agreed with oman on a route for shipping through the strait of hormuz, though it warns the deal alone won't guarantee safe passage. foreign ministry spokesman esmaeil baqaei said the 'geographical coordinates' of the route were agreed, but
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📰 source: bbc_business · 💼 business disney and tiktok have struck a deal letting creators use clips from disney films and shows, including star wars, toy story, and marvel titles, in their videos. the scheme launches in the us first, then rolls out elsewhere. no financial details were shared, but it follows
bbc_business
📰 source: bbc_business · 💼 business the prime minister will overhaul the uk's £90bn public procurement system, doubling the weight given to job creation in contract bids from 10% to 20% for contracts worth £5m or more. bidders will now have to prove they're creating local jobs above
bbc_business
📰 source: bbc_business · 💼 business farmers in the uk warn this year's harvest could be the worst on record after an exceptionally dry spring and summer. england and wales saw their driest july in 190 years, and drought has been declared across large parts of the country. the energy