Business News

Ascend Elements, a leading battery recycler, has filed for Chapter 11 bankruptcy due to a canceled government grant and challenging market conditions for lithium-ion batteries.

Philz Coffee faces growing backlash after announcing plans to remove Pride flags from its stores, sparking outrage from the LGBTQ+ community.

Skyrocketing energy prices due to the Iran war fueled the largest monthly increase in the Consumer Price Index since the pandemic inflation peak in June 2022.

Starbucks's UK retail division saw its losses widen to £41.3 million even as sales rose 6% and it added 92 new stores, highlighting the company's complex tax arrangements.

European airline industry on alert as closure of Strait of Hormuz threatens to disrupt fuel supplies within 3 weeks, warns airport trade body.

Bob Law, a trailblazing talk-radio host who gave voice to the African American community, has passed away at the age of 86. His influential career left a lasting impact on the industry.

Renewable energy is cheaper to run than fossil fuels, but it hasn't turned out that way for some European countries. Explore the complex reasons why investing in wind and solar hasn't added up to avoid oil shocks.

Leading aviation authority warns European airports may face crippling jet fuel shortages within 3 weeks, jeopardizing summer travel plans.

The Planning Inspectorate announces significant changes to how planning and enforcement appeals are submitted, transitioning to a streamlined online platform.

The Planning Inspectorate is rolling out mandatory changes to how planning and enforcement appeals are submitted, with all appeals now required through the Appeal a planning decision service.