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Business

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Akio Toyoda’s real estate firm to buy Toyota industries
Toyota to take key supplier private in $26 billion deal

TOKYO, Japan: Toyota has announced that it will take one of its key group suppliers, Toyota Industries, private in a deal worth UD$26...

U.S. stock markets slip after Tesla dives more than 14 percent
Wall Street slides after Trump says Elon Musk has gone crazy

NEW YORK, New York - U.S. stocks fell Thursday after the feud between U.S. President Donald Trump and his biggest backer Elon Musk...

Wage boost in Australia as inflation falls and economy stabilizes
2.6 million low-income Australian workers to benefit from pay hike

SYDNEY, Australia: Australia's independent wage-setting body, the Fair Work Commission (FWC), has announced a 3.5 percent increase...

Shareholder deal forces Google to revamp compliance for $500M
Google to spend $500M on compliance in shareholder lawsuit

MOUNTAIN VIEW, California: To settle a major shareholder lawsuit, Google is writing a US$500 million check — not for damages, but to...

Spain's short-term rentals up 25% despite crackdown attempts
Tourist rentals soar in Spain, outpacing official clampdowns

MADRID, Spain: Spain's push to curb short-term tourist rentals is being outpaced by the market's explosive growth, new data shows —...

U.S. stock markets diverge as economic data disappoints
Wall Street ends mixed after disappointing ADP report

NEW YORK, New York -  U.S. stocks were mixed Wednesday as investors and traders grappled with the ADP report, which revealed payrolls...

New York

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Best Buy warns of slower growth amid tariff and economic worries
Best Buy lowers outlook as tariff worries and weak sales hit business

NEW YORK CITY, New York: Best Buy, the biggest electronics store chain in the U.S., has lowered its forecast for the year. The company...

Investors stare down trade tensions, soft factory data, oil rally
U.S. and global economies facing challenging times

NEW YORK CITY, New York: Weak U.S. manufacturing data, renewed tariff concerns, and rising oil prices are giving investors plenty to...

UN faces $3.7 billion budget trim, staff cuts amid funding crisis
UN plans 20 percent budget cut, may slash nearly 7,000 jobs

NEW YORK CITY, New York: Facing a deepening financial crisis, the United Nations Secretariat is planning to cut 20 percent of its US$3.7...

JetBlue to share JFK slots as United expands New York footprint
JetBlue and United team up to link bookings and loyalty perks

LONG ISLAND CITY/CHICAGO: JetBlue and United Airlines are teaming up to offer travelers more flexibility and rewards, announcing a...

WH Chief of Staff Susie Wiles targeted in identity scam, report says
Officials probe impersonation of White House Chief of Staff

WASHINGTON, D.C.: U.S. federal officials are looking into an attempt by someone who pretended to be White House Chief of Staff Susie...

Dakota Johnson stays silent on her breakup with Chris Martin
Dakota Johnson stays silent on her breakup with Chris Martin

Washington DC [US], June 6 (ANI): Dakota Johnson preferred to stay silent on her recent breakup with Chris Martin during an appearance...