Tesla Profit Plunges to Lowest Since Pandemic
Tesla reports its lowest annual profit since the pandemic, losing its top EV maker title to a Chinese rival as boycotts and political backlash impact sales, though investor optimism persists.
Category : Business
Tesla Revenue Drops 11% Amid Musk's AI Pivot
Tesla reports its first-ever yearly revenue decline, with automotive revenues falling 11% in 2025. Elon Musk shifts focus to AI and robotics, including the Optimus robot, to drive future growth.
Labour Warns of NEET 'National Emergency'
Work and Pensions Secretary Pat McFadden warns that rising youth inactivity must be treated as a national emergency, blaming Tory failures as new figures reveal alarming NEET rates.
Microsoft's Strong Results Counter AI Bubble Concerns
Microsoft reports second-quarter revenues of $81.27bn, beating expectations, as CEO Satya Nadella highlights AI's early-stage growth despite slowing cloud computing expansion.
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Snow Slows Maine Plane Crash Probe That Killed Six
The federal investigation into a fatal private jet crash at Bangor International Airport is being delayed by severe winter conditions, with deep snow covering the wreckage and hampering recovery efforts.
Meta Q4 Earnings Beat Expectations, Shares Rise
Meta's fourth-quarter results exceeded Wall Street predictions with a 24% revenue surge, though expenses climbed sharply, prompting a mixed market response.
Bessent: Skip Kids' Toys, Invest in Trump Accounts Instead
Treasury Secretary Scott Bessent suggests families invest in new Trump Accounts rather than buying toys for children's birthdays, promoting long-term financial security amid criticism of tone-deafness.
Pepperoni Tops UK Pizza Topping Poll, Pineapple Debate Settled
A new survey by East Pizzas shows pepperoni is Britain's top pizza choice with 41% support, while mozzarella and chicken follow. Over half of Brits approve pineapple on pizza, and posh pizzas are rising in popularity.
Sydney's Food Scene Expands with Major New Openings
Sydney's dining landscape welcomes exciting new venues including a world-famous pizzeria, a luxury winery, a transformed fish market, and intimate wine rooms, offering diverse culinary adventures.
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Mushroom Coffee Alternative Delivers Natural Energy and Better Sleep
A woman in her 50s has discovered sustained energy and improved sleep after switching from traditional coffee to a mushroom-based alternative. MOGU's functional drinks are gaining popularity for their clean ingredients and health benefits.
US States Push to Abolish Homeowner Property Taxes
Anti-tax advocates in multiple US states are campaigning to eliminate property taxes for homeowners, with proposals in Georgia, Florida, Texas and North Dakota. Critics warn of severe impacts on school funding and local government services.
Waymo Aims for 2026 Driverless Taxi Launch in London
Waymo, Alphabet's autonomous vehicle unit, plans to launch a fully driverless ride-hailing service in London by late 2026, intensifying competition in the UK's self-driving taxi market.
Taco Bell's Luxe Value Menu: 10 Items Under $3
Taco Bell introduces its new Luxe Value Menu featuring 10 budget-friendly items priced at $3 or less, including five new creations and five returning favourites.
Glasgow SEC Arena Boosts Economy by £557m with Global Acts
The Scottish Events Campus in Glasgow attracted over two million visitors in 2025, generating £557 million for the local economy through concerts by stars like Benson Boone and Kylie Minogue.
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Mumsy Fashion's 2026 Comeback Divides Shoppers
Once mocked as frumpy, 'mumsy' fashion pieces like quilted vests and silk scarves are experiencing a major revival in 2026, driven by economic pressures and nostalgia.
Devon Dad Wins £3.8M Lottery Jackpot on Detour
A Devon father has won a life-changing £3.8 million National Lottery jackpot after taking an unexpected detour. The winning Lotto numbers for January 24, 2026, have been announced.
Chipotle Brings Back Chicken al Pastor for Limited Time
Chipotle is relaunching its popular Chicken al Pastor for a limited period, with early access for rewards members on February 9 and general availability from February 10.
Starbucks Stock Falls on CEO's Store Strategy Changes
Starbucks shares have declined following CEO Laxman Narasimhan's announcement of significant changes to store operations and strategy, impacting investor confidence.
Dragons' Den Star Criticises Show Over Broken Investment Deal
Businesswoman Charlotte Clemence reveals promised investments from Dragons Sara Davies and Steven Bartlett never materialised after her emotional pitch on the BBC show.
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Amazon cuts 16,000 jobs globally in fresh lay-offs
Amazon announces 16,000 job cuts worldwide, following 14,000 lay-offs in October, as part of operational streamlining, with UK positions affected.
Chicago O'Hare Poised to Be World's Busiest Airport
Chicago O'Hare Airport is forecast to overtake Atlanta as the world's busiest airport by scheduled flights in 2026, with a 13% year-over-year surge in operations.
Fed Holds Interest Rates Steady Amid Inflation Concerns
The US Federal Reserve maintains interest rates at 3.50%-3.75%, citing persistent inflation and robust economic growth, with a 10-2 vote and no timeline for future cuts.
France's Last Newspaper Hawker Honoured by Macron
Ali Akbar, 73, receives prestigious French honour after five decades selling newspapers in Paris, becoming a beloved cultural institution in Saint-Germain-des-Prés.
More Energy Suppliers Fail Ofgem Capital Targets
The number of energy suppliers failing to meet Ofgem's capital targets has increased from three to five, raising concerns about financial resilience amid volatile wholesale gas prices.
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Fed Holds Rates Steady Despite Trump Pressure
The US Federal Reserve maintains benchmark interest rates, citing persistent inflation and strong economic growth, while offering no clear timeline for future cuts despite political pressure.
US Protein Bar Taste Test: Best and Worst Brands
A comprehensive blind taste test of 12 top US protein bars reveals only four scored well for flavour, with some brands described as 'vile' and tasting like 'compacted dust'.
Fed Holds Rates as Trump Pressures Powell
The Federal Reserve paused interest rate cuts, keeping them at 3.5%-3.75%, despite intense pressure from the Trump administration and a criminal probe into Chair Jerome Powell.
Trump Order Speeds Up LA Wildfire Rebuilds, Faces Criticism
President Trump has signed an executive order aimed at cutting red tape to speed up reconstruction of homes destroyed by the 2025 LA wildfires, but California officials call it a political stunt.
NYC Ferry Services Suspended Indefinitely Amid Icy Rivers
New York City's commuter ferry network remains suspended indefinitely as dangerous ice buildup in the Hudson and East Rivers creates hazardous navigation conditions.
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Fed to Hold Rates Despite Trump Pressure
The Federal Reserve is poised to maintain current interest rates despite President Trump's demands for cuts, citing stable economic growth and persistent inflation above target levels.
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