Business

Business · 5 hrs ago

Auckland Residents Rage Over Secret Telco Tower Locations

Moss Harlow, Auckland desk

Aucklanders are angry that the Telecommunications Forum will not reveal where new towers are being installed, fearing sabotage and a loss of signal control.

Business · 6 hrs ago

David Jones teeters on administration after landlord deadlock

Iris Quay, London desk

Australia’s 188‑year‑old department store David Jones is expected to enter administration after 11th‑hour talks with its biggest landlord, Westfield owner Scentre Group, broke down with no lease agreement rea…

Business · 7 hrs ago

First‑Time Homebuyers: Fewer, Older, and Paying All Cash

Helen Pell, Washington desk

A new report shows that first‑time homebuyers are at a historic low, the median age is at a record high, and a record share are paying entirely in cash, widening the gap created by generational wealth.

Business · 7 hrs ago

Democratic Sweep Sends Texas Business Playbook Into a Spin

Noor Hale, World desk

A Democratic victory in Texas could rewrite the state’s long‑standing business‑friendly policies, leaving corporations wary of new regulations and taxes.

Business · 10 hrs ago

Library Cards Turn Into Checkout for Guitars, Sewing Machines and Streaming Subscriptions

Noor Hale, World desk

As budgets tighten, more Americans are using public libraries to borrow high‑priced items such as musical instruments, sewing machines and even streaming‑service subscriptions, turning the humble library card into a…

Business · 10 hrs ago

Poundland hires Thames Water creditors’ lobbyists – a splash of political plumbing

Iris Quay, London desk

Facing mounting political pressure over its future, the owner of discount retailer Poundland has engaged a lobbying firm that normally represents Thames Water’s creditors, hoping the water‑industry expertise will hel…

Business · 11 hrs ago

City rolls out on‑the‑spot fines to sober‑up the e‑bike brigade, promising a less tipsy commuter jungle

Iris Quay, London desk

The City has launched a crackdown on drunken e‑bike riders, proposing on‑the‑spot fines and a consultation on further penalties. Officials say the move aims to curb dangerous riding and restore order to the streets…

Business · 14 hrs ago

Britain’s ‘Critical Minerals’ Crisis: MPs Warn of Dangerous Dependence on China

Iris Quay, London desk

Parliament says the UK’s reliance on China for critical minerals – essential for defence, AI and net‑zero – is a security risk and urges a centralised mining strategy and diversification funding.

Business · 19 hrs ago

David Jones slips into administration, store closures loom before Christmas

Vera Chen, Sydney desk

Australia’s flagship upmarket department store has entered voluntary administration, triggering a planned restructure and a wave of store closures before the holiday season. Thousands of jobs are at risk as the company…