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The former owner of British Steel has said it will pursue the British government for compensation after the loss-making firm was nationalised.The UK took control of the Scunthorpe steelworks a year ago after China’s Jingye Group said it planned to close the site because it was not financially viable, and fully nationalised the plant on Thursday.In a statement on Sunday, Jingye said it will seek “full compensation through legal means to the very end” over the UK’s move.A government spokesperson said draft compensation regulations due to be released in the autumn will set out a compensation process through which an…
Kalshi’s logo appears on a smartphone placed on a reflective surface, with a blurry betting curve projected in the background in Creteil, France, on March 9, 2026, during a major scandal and $54 million lawsuit concerning bets related to recent strikes in Iran.Nurphoto | Nurphoto | Getty ImagesThe 2026 FIFA World Cup has sent prediction market trading volumes across platforms soaring. And for Kalshi, it has delivered millions of new users. Kalshi has brought in 3 million new users over the course of the tournament, the company shared with CNBC. More than $1.2 billion has been traded on Kalshi’s contracts that ask…
Close-up of logo for Samsung on research building in the Silicon Valley, Mountain View, California, October 28, 2018.Smith Collection/gado | Archive Photos | Getty ImagesSamsung Electronics has cut jobs at its U.S. display, phone and other consumer electronics operations — affecting workers mainly in New Jersey and Texas, according to documents and two people familiar with the matter.The South Korean tech giant said on Sunday in a statement to Reuters that 739 roles in Englewood Cliffs, New Jersey, have been affected by plans by Samsung Electronics America (SEA) — which is focused on consumer electronics and does not include chips —…
Boeing studying new 737 MAX production hikes Source link
Workers apply roofing material to a home under construction at the Lilac Ridge community by Lennar Homes in Vacaville, California, US, on Tuesday, July 14, 2026. David Paul Morris | Bloomberg | Getty ImagesThe cost of housing is the top political issue — ranked higher than the cost of food or protecting democracy — among U.S. voters between 18- and 34-years-old, a CNBC survey found.CNBC’s All-America Economic Survey for the second quarter of 2026, which polled 1,000 registered voters across the country, found the cost of housing is a salient issue, particularly among the kinds of young voters that both…
The ongoing earnings season, investor concerns about the durability of AI demand and spending, and geopolitical risks are key factors that have been contributing to stock market volatility in recent trading sessions. In this scenario, investors seeking steady income can consider adding dividend stocks to their portfolios. Recommendations of top Wall Street analysts can help them pick attractive dividend stocks that are backed by solid cash flows to support consistent payments.Here are three dividend-paying stocks that are highlighted by Wall Street’s top pros, as tracked by TipRanks, a platform that ranks analysts based on their past performance.ConocoPhillips Oil and gas exploration and production…
Robert Isom, chief executive officer of American Airlines Group Inc., speaks during a Bloomberg Television interview in New York, US, on Wednesday, Dec. 10, 2025.Christian Monterrosa | Bloomberg | Getty ImagesFORT WORTH, Texas — American Airlines CEO Robert Isom has a math problem.The carrier is flying about 6,500 flights per day this year — nearly an entire Alaska Airlines more worth of travel more than its closest competitor, according to Cirium — yet American’s profit gap has grown. United Airlines brought in about $3 billion more than American last year, and U.S. profit leader Delta Air Lines made nearly $5…
Monitoring programs are typically labor-intensive and expensive, requiring teams to set and check traps, alongside specialists who can identify, sort, and test the samples. While some traps attract female mosquitoes with “stinky water” loaded with decaying organic material, others require dry ice to release carbon dioxide that mosquitoes sniff out when hunting for mammals. But in rural parts of New York, dry ice can be hard to come by—the team had to make their own. Even beyond the logistical and resource challenges, communication, coordination, and data sharing for mosquito monitoring can be a challenge. “One of the problems with states…
Burnham was officially declared as the new Labour Party leader on Friday following a short contest in which he was the only candidate, having secured the backing of 379 MPs. Some opposition parties have urged Burnham to call a general election in order to ensure he has a mandate for his premiership. However, Powell insisted Burnham would stick to the promises made in Labour’s manifesto in the 2024 general election. “Our manifesto did talk about the redistribution of power, it did talk about the rewiring of our country, it did talk about taking on some of those vested interests,” she…
Other options for Burnham include scrapping the Energy Profits Levy (EPL), or windfall tax. This was introduced when prices spiked at the start of Russia’s invasion of Ukraine. It has a headline rate of 78%, which is taken whether oil and gas prices are high or low.The industry says it makes the North Sea one of the least favourable in the world for investors and there is strong evidence that investment has certainly dried up in those years.It’s due to be replaced in 2030 by another windfall tax, which operators like more because it’s only triggered when prices are high…