Money Moves

Herbert Crossman, a pensioner attending Reform UK’s party conference in Birmingham, expressed his views on climate change, acknowledging its reality while questioning the need for extreme measures to address it. The conference is expected to attract around 12,000 attendees over three days. Party leader Nigel Farage has described the characterization of carbon dioxide as a […]

Anthropic, an artificial intelligence company, has agreed to a $1.5 billion settlement in a class-action lawsuit brought by book authors. The lawsuit alleges that Anthropic utilized pirated copies of various works to train its AI chatbot, Claude. If approved by a federal judge, the settlement may influence future legal confrontations between AI companies and creative

The U.S. labor market has shown signs of stagnation, with the addition of just 22,000 jobs in August, continuing a downward trend. The recent jobs report from the Bureau of Labor Statistics (BLS) revealed a loss of 13,000 jobs in June, marking the first decline in employment since December 2020. The unemployment rate for August

The European Union’s regulatory body has imposed a fine of €2.95 billion (approximately $3.5 billion) on Google for violating competition laws by prioritizing its own digital advertising services. This penalty marks the fourth antitrust fine against the company, following a shift from previous discussions about potentially breaking up the tech giant. The European Commission, responsible

A UK employment tribunal has ruled that browsing websites for personal use during work hours for less than an hour is not grounds for dismissal. An accountancy administrator, Ms. Lanuszka, has been awarded over £14,000 following her termination in July 2023 after her employer used software to monitor her computer activity, revealing time spent on

In Madrid, physicians have introduced a new medication called baxdrostat, aimed at treating patients with high blood pressure that does not respond to existing treatments. This condition affects approximately 1.3 billion people worldwide, with half of those experiencing uncontrolled hypertension, thus increasing their risk for severe health issues like heart attacks and strokes. Clinical results

The European Union has imposed a €2.95 billion (£2.5 billion) fine on Google for allegedly abusing its dominant position in the ad tech sector. The European Commission stated that Google violated competition laws by preferentially promoting its own advertising products, disadvantaging competitors. This action is part of a broader trend of increased regulatory scrutiny of

Elon Musk may become the world’s first trillionaire if he meets specific performance targets established by Tesla, the electric car company he leads and where he holds the majority of shares. Tesla disclosed an unprecedented incentive package in its latest stock market update, indicating that Musk would need to boost the company’s market value from

Angela Rayner has resigned from her roles within the government following a report from the prime minister’s ethics adviser, Sir Laurie Magnus, which concluded that she breached the ministerial code in relation to her stamp duty payments on her £800,000 flat in Hove. The report acknowledged her “integrity” and commitment to public service but determined

Elon Musk, the CEO of Tesla, could receive a pay package exceeding $1 trillion (£740 billion) contingent on achieving a series of ambitious objectives over the next decade, as proposed by the company’s board. This plan does not involve a traditional salary or bonus; instead, it is tied to substantial increases in Tesla’s market value