The troubled utility company paid Steve Buck the seven-figure bonus to join despite financial scrutiny and calls for nationalisation.
Yesterday
UK revises upward the lifetime cost of Palantir's data platform for the health service while cutting benefit forecasts, raising questions about the contract's value.
Financial Conduct Authority consults with major banks on blockchain-based gold trading to protect London's 70% global market share.
Aug 9
The two companies are planning a joint venture, majority-owned by Sony, to mass-produce next-generation image sensors in Japan as early as 2029.
Crude climbs on dimming prospects for reopening the vital shipping chokepoint amid deepening U.S.-Iran stalemate.
Eligible households must ensure they are named on their bill before a deadline to automatically receive the Warm Home Discount.
A tweak to Spotify's skip feature lets some Premium users bypass publisher-sold podcast ads, alarming audio networks that depend on ad revenue.
Markets weigh Strait of Hormuz reopening prospects and upcoming CPI figures amid volatile trading.
Rocket Lab rebounds from July's 36% crash with strong earnings and major defense deals, signaling recovery in space sector.
Consumer advocacy group backs legal challenge over closed PlayStation Store pricing and digital-only future.
Spider-Man and horror breakouts drive domestic summer past pandemic-era milestone reached only once before in 2023.
Strong cloud revenue and record equity offering underscore Alphabet's massive capital commitment to AI infrastructure and data centers.
Apple's payment service will support Visa and Mastercard but requires regulatory approval for India's dominant UPI system.
Poland's €922.9 billion GDP in 2025 puts it ahead of Belgium, Sweden, Ireland and Austria, but per-capita wealth still lags EU average.
Analyst Edison Lee cites issues with upcoming iPhone smartphones, lowers price target and shifts rating to underperform.
By slashing imports by half since Iran shut the Strait of Hormuz, China has kept global oil prices from spiking—but how remains a mystery.
Opinion piece argues UK should broaden its advanced manufacturing focus beyond frontier technologies.
A clause in Musk's Tesla stock award would waive performance targets if the companies merged.
A 2024 Organization Science study on deception in Silicon Valley resurfaces and sparks discussion on Hacker News.
National Economic Council Director expects significant price relief if Persian Gulf tensions ease and shipping normalizes.
Chinese brands sold 171,800 electric vehicles across Western Europe in H1 2026, up nearly five percentage points year-on-year, sparking calls for higher tariffs.
Government assures consumers won't pay transaction charges; limited MDR may apply to select high-value merchant payments.
Apple's exploration of Chinese memory-chip alternatives fails to dent Micron's gains, which instead benefit from industry-wide memory pricing strength.
A regulatory shift in China has undermined Apple's control over app distribution, potentially raising iPhone costs.
Internal email from Blizzard President Johanna Faries says the studio topped Xbox's FY26 studio rankings even as parent Xbox sheds thousands of jobs.
Yahoo Finance released summaries of Q2 2026 earnings calls for 26 companies spanning energy, healthcare, real estate, and other industries on August 9.
Energy project rerouted away from Welsh beach where fictional house elf's death scene was filmed, after BBC interview sparked hundreds of fan complaints.
Chinese AI chipmaker Moore Threads reports 147% revenue growth and plans secondary listing in Hong Kong following explosive Shanghai IPO gains.
Wired profiles Founders Pledge, which says AI wealth now makes up a third of the $4B in pledges it has logged in 2026.
India's largest automaker forecasts domestic market growth to 6.3 million units as SUVs and small cars drive expansion.
Cape Town fintech Moment closes Series A led by AlphaCode, bringing total funding to $55M.
Regional equities draw sustained inflows as money managers bet on durable rally rather than short-term trade.
Aug 8
Apple and Samsung flagship phones drop to lowest prices yet on Indian e-commerce platform ahead of Independence Day.
Producer and consumer price growth slow below expectations, signaling easing commodity pressures on world's second-largest economy.
Bloomberg reports Beijing is pushing banks and stock markets, not just subsidies, to bankroll its AI and chip ambitions.
David Ellison offers major theater chains a contract guarantee for annual theatrical releases to win backing for the contentious $111B deal.
Owners hint at relaunch of once-dominant social network, citing desire for personal, algorithm-free alternative to modern platforms.
Thousands of Verizon customers experienced service disruptions; company advised restarting devices but did not disclose the cause.
The prediction market platform is intensifying compliance efforts while political figures deepen involvement in speculative trading.
id Software Dev Chris Hays Slams Xbox Over Layoffs, Says Microsoft 'Doesn't Understand Art'
A veteran id Software developer criticizes Xbox/Microsoft for massive layoffs at the studio, claiming leadership lacks understanding of game development.
Gaming industry shift leaves behind those without reliable internet, used game access, and physical media options.
The billionaire philanthropist is publishing her first novel since 2013 serially on her new newsletter, bypassing traditional publishing.
Two largest private prison companies post strong earnings amid Trump administration ties and presidential stock trades.
After John Oliver challenged the chain to litigate, Buc-ee's sued another small convenience store over logo similarity.
The lottery prize reaches its eighth-largest value ever after 41 consecutive rollovers since May 2, with UK players now eligible.
New CEO ends three-year selling streak with major stock purchases and $4.5bn in buybacks.
Musk's Fortune Swings Wildly on SpaceX Valuation as He Predicts Money Will Be Worthless by 2036
Wealth trackers report tens-of-billions-of-dollars daily swings in Elon Musk's net worth, even as he forecasts that money itself will stop mattering within a decade.
Analysts say price pressure from the five-month-old Iran war, triggered by Trump's military strikes, is bleeding into the broader U.S. economy well past gas pumps.
France and other European countries face wildfire crises but must wait years for ordered aircraft as production ramps from dormancy.
Thalapathy Vijay's Tamil action drama dominates three weeks of theatrical releases across multiple languages.
Aug 7
Gold prices jumped 7% in a week amid Strait of Hormuz concerns and reduced expectations for US rate increases.
Oil prices climb 16% above pre-war levels amid Iran's blockade and stalled diplomatic negotiations.
The 2027 Dodge Charger Super Bee marks the return of an iconic muscle-car brand with a turbocharged six-cylinder engine instead of a V-8.
Platforms increasingly offer priority booking for paying diners, widening inequality in restaurant access and creating artificial scarcity.
Even after selling most of its public portfolio to Citadel amid steep losses, the AI hedge fund raises its stake in a stealth chipmaking-tools startup to $500M.
Trucking company that lost Manitoba certification after fatal May crash was operating from Alberta until Alberta Transportation Ministry revoked its safety permit.
A wave of reporting shows Australians priced out of homeownership even as supply, megaprojects and policy debates multiply, echoing a parallel crisis in Britain.
Burger King reclaims the No. 2 position by system-wide sales after Wendy's held it for six years.
CEO Strauss Zelnick defends dropping a physical disc for Grand Theft Auto VI as Take-Two raises bookings guidance and preps a Netflix reveal.
Statistics Canada reports employment gains split between full- and part-time work, with Ontario leading provincial job creation.