business
US probes Nike over white worker discrimination claims
Court documents allege the sportswear company treated white employees less favourably. Source link
Washington Post announces sweeping layoffs, scaling back news coverage
A former editor describes the massive cuts as one of the “darkest days” in the history of the storied newspaper. Source link
Restaurant boss 'devastated' at having to close
Bar owner Jobe Ferguson says he is devastated to close TNQ in the Northern Quarter after 22 years. Source link
Clients and staff in dark as law firm shuts doors
Staff and clients say they are desperate for answers following the sudden closure of PM Law. Source link
Wegovy maker warns of 'painful' price cuts as shares plunge
Novo Nordisk is facing “unprecedented” price pressures, “intensifying competition” and patents expiring. Source link
Gold rebounds above $5,000 after US downs Iran drone
Precious metal price voliatility continues as geopolitical tensions push investors to safe-haven assets. Source link
The Chinese planemaker taking on Boeing and Airbus
Comac’s passenger jet is attracting customers in South East Asia where demand for affordable aircraft is growing. Source link
Walmart becomes first retailer to hit $1tn market value
The milestone reflects the US retail giant’s booming e-commerce business and investors’ embrace of its AI investments. Source link
PepsiCo to cut some US snack prices after backlash
The snack conglomerate is cutting the price of products including Doritos, Cheetos and Lays Source link
Stop watching Netflix and go to the pub, Welsh first minister says
Eluned Morgan said her government can’t be expected “to step in and do the work” to save struggling pubs. Source link