How ‘confused’ AI rollout hurts firms and baffles staff

Some firms are putting pressure on staff to use AI, but have not thought through their AI rollout.

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Wise under investigation over money laundering control concerns

Wise says it is working with the Brussels prosecutor’s office but that “no specific findings have been shared with us to date”.

OpenAI let ChatGPT aid and abet mass shooters, Florida lawsuit claims

Florida Attorney General James Uthmeier alleges OpenAI and boss Sam Altman built a ‘web of deceit’

AI giant Anthropic plans to sell shares in US as valuation nears $1tn

The AI company behind Claude is set to offer the public the chance to buy and sell shares in the firm later this year.

Nvidia announces new AI chip for personal computers

The technology giant’s boss Jensen Huang called the move the “reinvention of the computer”.

Caribbean hot sauce producers warn of shortages and higher prices

Manufacturers in Jamaica say the key chilli peppers they need are in limited supply.

World of Business

Small Business USA

The kelp producer who wants to get Americans eating seaweed

Marine farmer Suzie Flores also hopes the crop can revitalise the US’s small fishing towns.

How a pivot to hair accessories led to business success

Jenny Lennick’s colourful hair clips are sold across the US and around the world.

The construction boss who built a new life after three years in prison

Traci Quinn, who was jailed for a drugs offence, has transformed herself and set up a successful firm.

NYSE Opening Bell

Shares on Wall Street open higher after record close

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Spain’s economy is growing fast. So why is youth unemployment still so high?

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Are content creators invading public spaces?

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The woman trying to fix Nigeria’s medicine gap

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Prediction markets: are they fuelling insider trading?

Good Bad Billionaire

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The Iran war oil shock: Is there worse to come?

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Can the global economy go plastic free?

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Musk v Altman: Tech bros battle

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Trump v The US Federal Reserve

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Video Game Console Wars

Technology of Business

Abusive passengers could be blacklisted from all UK airlines under new proposal

The scheme would allow British airlines to share information on disruptive passengers and potentially restrict their access to flights.

What’s happening to UK petrol and diesel prices?

Motoring group RAC warns pump prices could keep rising if there is no resolution to the Iran war.

Put a £5 deposit on vapes to stop fires, say waste companies

The industry body for waste companies says a refundable deposit would help boost vape recycling, but others disagree.

Arrive three hours before flight home, airline boss tells UK holidaymakers

Wizz Air CEO Yvonne Moynihan also advises passengers to carry portable chargers and water due to lengthy queues.

Universal rejects billionaire Bill Ackman’s takeover bid

The music giant said Pershing Square’s offer fundamentally undervalued the business.

Only three-quarters of first class UK mail delivered on time

Royal Mail says its service is improving and that it is on track to hit the regulator Ofcom’s reduced targets

BBC Maestro

Why Fifa is being investigated over World Cup ticket prices

New York and New Jersey are looking into the association after fans have reportedly been “misled” over ticket sales and seat locations.

Fads, not friends, now dominate our social media feeds

Social media platforms used to be about communication between friends. The business model is to increase the time people spend on their apps and increase ad revenue.

Big tech bets on new mascots in bid to seem more cuddly

The likes of Apple, Microsoft and Google are all putting cartoon characters centre stage.

How sunburn inspired a new way to store energy

Scientists are developing molecules that can store heat for months and release it when needed – a potential step towards cleaner energy for heating.

AI firms claim their products could destroy humanity. Are they right?

They built it. They’re scared of it. They’re selling it anyway.

How technology is transforming India’s silk industry

Silk production is an increasingly high-tech business in India.

Is Italy the new tax haven for the global rich?

With the war in the Middle East hurting Dubai, Italy has become an attractive location for wealthy individuals from France and elsewhere.

Why are so many Americans moving to Ireland?

The number of Americans moving to Ireland last year was higher than the number of Irish people emigrating to the US. Was this just a blip or the start of a more profound trend?

Dubai’s tourism sector reels from ‘brutal’ impact of war

The US-Israel war with Iran has had a devastating impact on visitor numbers to Dubai, and local businesses are suffering.

Is New York’s cannabis business flying high?

Five years after it was legalised, cannabis is seemingly everywhere in New York, but business owners say that many legitimate businesses are struggling.

From a £1bn dream to a brutal collapse: How Brewdog hit the rocks

The Scottish craft beer company had transformed from a garage start-up into a brewing behemoth. How did it come to this?

Saudi Arabia lifts alcohol ban for rich foreigners – could tourists be next?

Saudi Arabia has started to allow wealthy foreign residents to buy alcohol, will tourists soon be allowed to do the same?

How extreme heat could disrupt the 2026 World Cup and what fans can do about it

With the World Cup draw set to take place on Friday, fans and businesses have been warned that extreme heat, bad weather and poor air quality could cost them.

Are more businesses staying silent on climate?

With sweeping changes to US environmental policies, it’s been suggested that some companies are talking less about their climate pledges. But the truth behind the trend is complicated.

The scramble for Greenland’s rare earths

As the US and the West races to break China’s stranglehold over rare earths production, some firms are betting that Greenland will become a new mining frontier.