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Business

Latest news, analysis, and updates in business.

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May 4, 2026

GameStop Sparks $56B Hostile Bid to Snatch eBay

GameStop launches a $56B hostile bid for eBay, aiming to disrupt e-commerce and challenge Amazon’s dominance.

4 min read

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May 4, 2026

Electric Bills Soar 40% While Utility CEOs Grab 47% Pay Hikes

Electricity bills jumped 40% since 2015 while utility CEO pay rose 47%, sparking voter backlash and calls for accountability.

6 min read

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May 4, 2026

GameStop Bets $55.5B to Upend E-Commerce with eBay Takeover

GameStop’s $55.5B bid to acquire eBay aims to disrupt e-commerce giants but risks heavy debt and a high-stakes gamble on market dominance.

8 min read

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May 4, 2026

e2open Sparks Shipper Control with New Logistics as a Service

e2open’s Logistics as a Service hands shippers direct control over freight booking and rates, challenging traditional brokers amid ongoing capacity struggles.

4 min read

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May 4, 2026

Musk Sparks AI Showdown by Seeking OpenAI Settlement Before Trial

Elon Musk sought a settlement with OpenAI to avoid a high-stakes trial over AI control and billions in valuation, but talks collapsed.

4 min read

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May 4, 2026

New Mexico Demands Meta Reform to Protect Teens from Harm

New Mexico sues Meta, demanding reforms to social media features that allegedly harm teens, targeting addictive algorithms and weak parental controls.

4 min read

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May 4, 2026

Amazon Grabs $1.5T Logistics Market With Open Network Bet

Amazon launches logistics-as-a-service, challenging FedEx and UPS by monetizing its vast delivery network to capture $1.5 trillion market.

7 min read

A person holding a video game controller in their hand
May 4, 2026

Take-Two Bets on Independence as Gaming Giants Vanish

Take-Two resists gaming industry consolidation, betting on independence and organic growth ahead of Grand Theft Auto VI’s launch.

9 min read

black android smartphone on black textile
May 4, 2026

GameStop Sparks $55.5B Bid to Upend eBay and E-Commerce

GameStop’s surprise $55.5B all-stock bid for eBay aims to shake up e-commerce and challenge Amazon’s market hold.

4 min read

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May 4, 2026

Tesco Sparks Pay Debate, Calls Equal Pay Claims ‘Economic Fantasy’

Tesco argues equal pay claims ignore economic realities, risking a legal shift that could reshape UK retail wage rules.

8 min read

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May 4, 2026

UHY Hacker Young Bets on Michelle Hughes to Lead Growth

Michelle Hughes becomes partner at UHY Hacker Young, spearheading digital audit and strengthening leadership amid fierce UK accountancy competition.

4 min read

Workers package cardboard boxes in a warehouse.
May 4, 2026

Cullen Pumps £5M into Glasgow to Crush Plastic Packaging

Cullen Sustainable Packaging invests £5M to boost Glasgow production by 30%, creating 120 green jobs and racing ahead in the UK eco-packaging market.

4 min read