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U.S. and Iran launch fresh strikes and the House incumbents that could be unseated: Morning Rundown
Morning RundownU.S. and Iran launch fresh strikes and the House incumbents that could be unseated: Morning RundownPlus, as credit card fees increase prices, those paying with cash bear the brunt of costs. Listen to this article with a free account00:0000:00Demonstrators gather at Revolution Square in Tehran to protest the attacks launched by the U.S. and Israel on May 30, 2026. Fatemeh Bahrami / Anadolu via Getty ImagesShareAdd NBC News to GoogleJune 1, 2026, 7:08 AM EDTBy Kayla HayempourIn toda...
Berkshire Hathaway to Acquire Taylor Morrison in a $6.8 Billion Deal
Berkshire Hathaway Inc. is buying Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion. The offer of $72.50 per common share represents a 24% premium to the home builder’s latest closing price on Friday and is the first major purchase under chief executive Greg Abel. Manuel Baigorri reports on Bloomberg Television. (Source: Bloomberg)
UK cycling giant collapses into administration - in business for 22 years
UK cycling giant collapses into administration - in business for 22 yearsA UK cycling giant has collapsed into administration after 22 years in business with 42 staff members losing their jobs in the process Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Ewan Gleadow 12:06, Mon, Jun 1, 2026 Updated: 12:08, Mon, Jun 1, 2026 A cycling company founded in 2004 has entered administration (stock image) (Image:...
Inside Celonis, the German tech unicorn that won over a fifth of the FTSE 100
For a company valued at more than $13bn (£9.58bn), Celonis remains relatively unknown in Britain. Founded in Munich in 2011, the software company has become one of Europe’s most valuable private tech firms, with customers including AstraZeneca, ASOS, BMW and the UK Cabinet Office. The UK has become one of its three largest markets globally. “We’re sort of this unknown brand but with a lot of reach”, Rupal Karia, Celonis’ general manager for Northern Europe and the Middle East, told City AM....
‘Where are the jobs?’: as US autoworkers face offshoring, Democrats vie to win votes
Workers who voted for Trump and Republicans in recent elections are now being hit with offshoring and the impacts of tariffs – but can Democrats sway them?Brenda Davis, a retiree who worked at Ford in Ohio for more than 20 years, was dismayed to learn that a new Buick she bought from General Motors was manufactured entirely in China. Foreign vehicles are strongly discouraged from parking lots at autoworkers’ facilities, as they serve as a reminder of the ongoing threat outsourcing poses to their...
NS&I Premium Bond alert for Wales customers who have any of these 9 Bond numbers
Some key changes to the prize rules for Premium Bonds are coming in soon
Stop and think before asking for a bigger salary
Comparison is the thief of joy, but many of us fall for it, especially when it comes to salary. John Coleman argues why everyone needs a ‘financial finish line’ Walk on to any London trading floor or into any magic-circle law firm and you will see a quiet arms race playing out on people’s wrists. As careers progress, TAG Heuer becomes an Omega. The Omega becomes a Rolex. The Rolex becomes a Patek Philippe. At every rung, the person who has just upgraded begins to feel self-conscious about w...
'All major issues settled': Centre's big update on US-India trade deal
India and the United States are nearing the finalization of their first bilateral trade agreement tranche, with most key details settled. A high-level US delegation is in New Delhi for crucial negotiations, aiming to conclude an interim pact. Both nations are confident of signing the agreement soon, building on a framework established in February.
Number of claims management firms halves after FCA clampdown
The number of claims management firms authorised by the UK’s financial watchdog has nearly halved since the beginning of the decade after the regulator “raised the bar” for firms in the sector. A Freedom of Information request by financial services consultancy Broadstone revealed 483 claims management companies (CMCs) operate in the sector, compared with 942 back in 2019. The number dropped 24 per cent between 2020 and 2021 alone, when a grace period that was brought in after the watchdog...
Richard Desmond hit with £40m bill over ‘fanciful’ lottery feud
Media tycoon Richard Desmond’s company Northern and Shell has been ordered to pay over £40m after a two-year-long legal feud with the Gambling Commission over the 2022 National Lottery license. A High Court judge has ordered media giant Northern and Shell and its subsidiary, the New Lottery Company, to cough up 75 per cent of the punitive costs immediately, with the balance expected to be over £40m. The order stems from a dispute over the Gambling Commission’s award of the fourth national...
Asda confirms major new change for shoppers by early 2027
Asda confirms major new change for shoppers by early 2027Asda has revealed a change coming for one type of shopper by next year ahead of a new partnership. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Brian Dillon, Audience Writer 11:31, Mon, Jun 1, 2026 Updated: 12:03, Mon, Jun 1, 2026 Asda has announced a partnership with another retailer (Image: Getty)Asda is set to partner with Ocado for online deli...
Legendary Texas Wildcatter’s Granddaughter Makes Energy’s Riskiest Bet
BusinessEnergyDaily CoverLegendary Texas Wildcatter’s Granddaughter Makes Energy’s Riskiest BetCharacter Building: Gloria Moncrief’s real-life ultradeep quest inspired her friend Taylor Sheridan, Landman’s creator, who features footage from her party to launch the Coastal 22 rig in episode nine of season two.trevor paulhus for forbesByChristopher Helman,Senior Editor. Chris Helman tracks energy innovators and oil tycoons from Houston.Follow AuthorJun 01, 2026, 06:30am EDTAfter a decade of blowou...
What’s Behind Tilman Fertitta’s $18 Billion Bet On Caesars Entertainment
Editors' PickBusinessEnergyWhat’s Behind Tilman Fertitta’s $18 Billion Bet On Caesars EntertainmentByChristopher Helman,Senior Editor. Chris Helman tracks energy innovators and oil tycoons from Houston.Follow AuthorJun 01, 2026, 06:30am EDTSummaryHouston billionaire Tilman Fertitta, recently serving as ambassador to Italy, is acquiring casino giant Caesars Entertainment for $6 billion cash and assuming $12 billion in debt. This significant deal expands Fertitta's empire, which already includes G...
How The Iran War Oil Shock Is Helping Launch A Market For Electric Tugboats
InnovationTransportationDaily CoverHow The Iran War Oil Shock Is Helping Launch A Market For Electric TugboatsArc Marine started out selling luxury electric boats. Now, as the Iran war brings crippling fuel bills, it’s chasing a bigger business: battery systems for tugs, barges and military boats.ByAlan Ohnsman,Senior Editor. Senior editor covering cleantech and advanced mobilityFollow AuthorJun 01, 2026, 06:30am EDT
NatWest, Lloyds and Halifax set to close 24 UK banks this week - full list
NatWest, Lloyds and Halifax set to close 24 UK banks this week - full listThe closures come as millions of Brits continue to shift towards online services as their main way of banking. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Toby Codd 11:18, Mon, Jun 1, 2026 Updated: 11:19, Mon, Jun 1, 2026 NatWest is among the banks that will close branches this week (Image: Getty)A number of banks will close acro...
After 'May-hem' On D-Street, Why June Could Be A Turning Point For Markets
Sensex, Nifty News: June is unlikely to be a straight-line recovery. The same factors that hurt markets in May have not disappeared.
Retail Traders Dive Into Private Markets
Retail traders are racing to get their hands on shares of SpaceX, OpenAi and Anthropic. Bloomberg's Charlie Wells explains. (Source: Bloomberg)
Buying a home? Check if you qualify for PMAY Urban 2.0 benefits
The Pradhan Mantri Awas Yojana – Urban 2.0 offers affordable housing solutions for low and middle-income families in cities. Through initiatives like Beneficiary Led Construction and Affordable Rental Housing, the scheme aims to provide financial assistance and accessible living spaces. Eligibility is based on income and requires no prior pucca house ownership.
SpaceX Listing Is Rewriting the Rules Around Blockbuster IPOs
Index providers, fund managers rush to accommodate Musk’s company
Famous UK glass maker closes forever - in business since 1988
Famous UK glass maker closes forever - in business since 1988The firm said the challenges they faced "stem largely from the government's appalling treatment of small businesses". Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Chris Samuel 11:06, Mon, Jun 1, 2026 Updated: 11:10, Mon, Jun 1, 2026 The closure marks the end of a nearly four decade-old business. (Image: PAUL GILLIS / Reach PLC)A renowned Brist...