US justice department approves $111bn merger of Paramount and Warner Bros Discovery
Deal still under UK scrutiny with new investigation, and could face lawsuit from state attorneys general
Crime & Courts
Palantir loses legal challenge to force Swiss magazine to publish responses
Data analytics company loses on 22 out of 23 counts in lawsuit disputing how Swiss government rejected firm’s services
SpaceX to list on US stock market at historic $1.77tn valuation
Initial public offering for aerospace and AI company made Musk the world’s first trillionaire as share prices jumped
How much money did Elon Musk make in SpaceX’s stock market debut?
He’s now the world’s first trillionaire, after his rocket and AI company broke IPO records on its way to a $2.1tn valuation
The SpaceX IPO made Musk a trillionaire. The old rules of capitalism no longer apply | Robert Reich
The economic principles taught in school aren’t as relevant as hype, connections and total, arbitrary control
SEC Appoints John Moses as Director of the Office of Investor Education and Assistance
Washington, D.C.--(Newsfile Corp. - June 12, 2026) - The Securities and Exchange Commission has appointed John Moses as Director of the agency’s Office of Investor Education and Assistance, which provides services and r…
‘A long lunch is what we’re good at’: London bistro above a pub wins UK restaurant of the year
Bouchon Racine is old school, for lovers of traditional French cooking and boozy afternoons – it even aims to stop taking bookings online
Is Fifa allowed to make AI athletes? – video
Moving into 2026, the global sports industry is evolving and the lens through which it may be viewed is widening. The industry—inclusive of leagues, teams, federations, mega-events, media partners, investors, and more—i…
Barclays to buy GoHenry kids’ debit card and money app
Barclays is to buy an app designed to help children understand and manage their money, as it targets young people in affluent families.
Reeves grudgingly resorts to departmental salami slicing to fund UK defence budget
Starmer shows no will to pursue the main options for rising commitments: spending cuts, tax rises or borrowing
Can Starmer’s late-night World Cup openings help Britain’s struggling pubs?
While venues could stay open until 2am, rising costs remain a far bigger concern for many landlords
After SpaceX’s huge IPO, Americans’ financial future will be bound to AI
They’re about to get more AI rammed down their throats, stuck into their pension plans and investment portfolios
A solar-powered rubbish-eating boat? The vessel chomping plastic waste out of the sea
Guided by floating barriers, the Interceptor has already stopped more than 143,000lbs of rubbish from entering the Pacific from one LA river
‘This is what I was born for’: the drought-ridden Colombian town that took on Coca-Cola Femsa – and won
While La Calera faced severe water rationing, local springs were being drained by the drinks giant’s franchise. So the residents fought back
SpaceX to list on US stock market today after raising $75bn in largest IPO ever – business live
Rolling coverage of SpaceX’s record-breaking initial public offering, after Elon Musk’s company is valued at $1.77tn in share offering
Diane Keaton’s nail clippers for $960: what’s behind the new boom in celebrity estate auctions?
From Diane Keaton’s bowler hats and polka dot scarfs, to Gene Hackman’s used paint brushes, to Terence Stamp’s love letters from Jean Shrimpton and even Matthew Perry’s black leather wallet (his credit cards and AAA mem…
UK economy shrank by 0.1% in April as Iran war held back growth
The UK economy contracted by 0.1% in April as the Iran war began to take its toll on growth, official figures show.
Record number of young people fear long-term unemployment
Young people in England are increasingly “losing faith in their futures” according to a report, as record numbers fear long-term unemployment.
Changes to collateral eligibility in the Sterling Monetary Framework - Market Notice 11 June 2026
This Market Notice covers changes to the Bank’s collateral eligibility framework for the Sterling Monetary Framework (SMF). This is in the context of supporting the transition to a repo-led, demand-driven operating fram…
Federal Reserve Board announces final rule that establishes data standards for certain information collections
The Federal Reserve Board on Thursday announced a final rule that establishes data standards for certain information collections submitted to financial regulatory agencies. In addition to the Board, the standards have b…
Musk’s xAI fired engineer for raising concerns about Grok chatbot, lawsuit claims
Former xAI engineer Devin Kim alleges he was illegally fired for trying to implement safety mechanisms for the chatbot
Hugo Boss shares jump as it ‘thoroughly examines’ Frasers’ takeover offer
Mike Ashley’s retail group has made near-€2bn bid for the German fashion house, in which it holds a 26% stake
SEC Proposes Rescission of Regulation NMS Rules 611 and 610(e)
On June 11, 2026, the Securities and Exchange Commission (SEC) proposed amendments to Regulation NMS that would rescind Rule 611 (the trade-through rule) and Rule 610(e) (the prohibition on locking and crossing quotatio…
China’s Jingye seeks compensation from UK over British Steel takeover
Sources say firm is asking for more than £1bn in row that could put pressure on two countries’ relationship