Wednesday, June 24, 2026

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US supreme court backs FCC in clash with wireless carriers over fines

The US supreme court backed the Federal Communications Commission’s system for levying fines, ruling on Thursday against wireless carriers AT&T and Verizon in their challenge to the agency and handing a win to Donald Trump’s administration. The ruling was 8-1....

Disney racks up $4.2bn deficit on Paris parks

Disney has still not recouped $4.2bn of its investment in Disneyland Paris after more than 30 years, even though the resort is now its best-performing international outpost, according to an analysis of recent filings. The sprawling theme park complex swung...

Why are US consumers so angry? It’s not just high prices

American consumers are angry. Nearly 80% of Americans had a service or product problem in 2025, and about two-thirds of those felt “rage” about it, according to the “National Consumer Rage” survey. Many consumers feel they are constantly fighting...

Trump signs order to make it easier to fire 8,000 highly paid federal workers

Donald Trump has signed an executive order making it easier to fire thousands of the best-paid workers in the US government aspart of a broader drive by his administration to overhaul the federal workforce. The order, released by the White...

Fired 60 Minutes correspondent Scott Pelley says CBS told him to inject ‘falsehoods’ into reporting

The longtime 60 Minutes correspondent Scott Pelley, who was fired by CBS News on Tuesday after clashing with the network’s new management, issued a public statement accusing the network’s new executives of silencing employees and claiming they instructed him...

Trump threatens tariffs on 60 trading partners including UK and Canada over ‘forced labour’

Donald Trump has threatened tariffs of between 10% and 12.5% on 60 trading partners including the UK, the EU and Australia over alleged forced labour failures, in the latest attempt to revive his signature trade policy. The EU immediately hit...

Federal workers experiencing ‘PTSD-like symptoms’ after unlawful firings by Trump administration

US federal workers laid off by the Trump administration say they are experiencing mental health effects, including PTSD-like symptoms, from losing their jobs, according to a new survey. More than 300 fired probationary employees were surveyed, with 95% reporting ongoing...

George Santos reportedly investigated by DoJ over suspicious Kalshi bets

Federal authorities are investigating whether George Santos, the disgraced former Republican congressman from New York, engaged in insider trading by betting on a prediction market on his own attendance to the State of the Union address, multiple news outlets...

Short seller Andrew Left convicted of securities fraud in California

A federal jury in California has convicted short seller Andrew Left of securities fraud. Left, who was a securities analyst, trader and guest commentator on television channels including CNBC and Fox Business, was charged in July 2024 with one count...

Google owner Alphabet to sell $80bn in stock to fund AI spending spree

Google’s parent company, Alphabet, has said it plans to raise up to $80bn (£59bn) in equity to fund its vast artificial intelligence infrastructure investments, raising further questions over the economics of the AI boom. The move, the largest equity fundraising...
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McKinsey surveyed C-suite executives and found they believed only 4% of their staff used AI for at least 30% of daily work; the real...

McKinsey’s 4-to-13 per cent comparison is a small statistic with a larger organisational message: some executives are measuring workplace...
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