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Business news, corporate updates, startups, mergers, layoffs, and economic developments.

Showing 73–90 of 275 stories

Business15h ago

U.S.-Mexico border reopens to cattle as New World screwworm ban lifts

U.S.-Mexico border reopens to cattle as New World screwworm ban lifts KJZZ Will Mexican cattle imports lower US beef prices? Economists weigh in WESH Peel: What to Expect from Mexican Cattle Imports Meatingplace U.S. reopens cattle border as screwworm fight continues in Texas San Antonio Express-News USDA to Reopen Two New Mexico Ports for Mexican Cattle Shipments in Phases Bloomberg

GGoogle News
Business15h ago

Trump Officials Propose Charging More Than $100,000 for Skilled Worker Visas

Trump Officials Propose Charging More Than $100,000 for Skilled Worker Visas The New York Times Trump administration proposes $103,000 fee for H-1B visas CNN ‘Hire and train Americans’: JD Vance defends proposed six-figure H-1B fee The Times of India New $103,000 H-1B Fee Planned for Visa Workers Already in US (3) Bloomberg Law News DHS Proposes a $103,265 Fee on Every H-1B Cap Petition Reddy Neumann Brown PC

GGoogle News
Business15h ago

Prediction markets let you bet on layoffs. Do the masses think your company is next?

Prediction markets let users bet on everything from sporting events to natural disasters and the outcomes of war. But they also set odds on layoffs and staff reductions at some of the largest companies, raising a question: If the market isn’t bullish on your company’s head count numbers for next quarter, should you start looking for a new job? On platforms like Kalshi and Polymarket, layoff figures for the tech sector have garnered significant action. On Kalshi, “ More tech layoffs in 2026 than in 2025? ” has more than $31 million worth of wagers already placed, with the vast majority of money betting yes. The market is far more split on “ More white-collar layoffs in 2026 than in 2025? ” with odds close to 50-50, offering bankers and lawyers less certainty than those in tech. Given the high trading volume and the strong certainty around the Kalshi market on tech layoffs, the market is a pretty trustworthy prediction, according to Asa Palley, an associate professor of business administration at the University of Virginia Darden School of Business, who researches quantitative modeling and decision analysis. Overall, public opinion of the economy is poor; the Gallup Economic Confidence Index reports that many Americans are pessimistic about the job market and the stability of the economy. Bets on layoffs may be a reflection of this sentiment. Palley explained that prediction markets can at times have an edge over industry experts and professional forecasters because of the granularity and number of questions they pose. Prediction market platforms let users bet on specific questions, like “ Will AI be the #1 reason for job cuts in August? ” or “ Will Tesla lay off 3,000 employees before October 1, 2026? ” In addition, the markets are always reacting to new information. “It’s that real-time nature of a prediction market that makes it so useful,” Palley says. Palley explained that when you look at the accuracy of prediction models across many different questions, the markets tend to be well calibrated. “It’s not exact, but the probabilities tend to be aligned with sort of the empirical subsequent reality,” he says. Head counts reported by most major corporations are also open to speculation. Earlier this year, more than $600,000 was bet on Meta’s first-quarter head count ; now, the markets isn’t bullish on that count being above 74,000 by the end of the year. “I have no idea what to think about if I were an employee at Meta, for example, and I was seeing a forecast that head count might go down,” says Palley.

FFast Company
Business15h ago

Aldi resorts to ‘whinging’ as rivals steal a march

Aldi resorts to ‘whinging’ as rivals steal a march The Telegraph Aldi CEO backs UK crackdown on 'rip-off' discounts, says shoppers end up paying more at the till Yahoo Finance Tesco and Sainsbury's are some of the staple ingredients of a well-balanced portfolio This is Money Aldi boss defends government probe into supermarket pricing Retail Week Aldi boss: Shoppers are bombarded with discounts that don’t exist The Times

GGoogle News
Business15h ago

Belfast City Airport takes next step in major transformation plans that include direct rail link

Belfast City Airport takes next step in major transformation plans that include direct rail link Belfast Telegraph Belfast City Airport seeking permission for later flights BBC Belfast City Airport seeks permission to extend operating hours and flight traffic as part of £200m expansion plan The Irish News Belfast City Airport Sets Out £200 Million Expansion Plans Airport Industry-News George Best Belfast City Airport is aiming to push back its hours of operation to 10.30pm and grow number of flights Belfast News Letter

GGoogle News
Business15h ago

Kedaara pumps $200m into ortho support wear maker Tynor

Kedaara Capital has acquired a majority stake in Tynor Orthotics for approximately $200 million. This significant deal provides an exit for investor Lighthouse Funds from the medical device maker. Tynor Orthotics manufactures orthopaedic supports and mobility aids for global markets. The company has an extensive distribution network reaching numerous retail outlets and hospitals. Kedaara will partner with Tynor's promoters and its existing strategic partner Thuasne.

TThe Economic Times
Business15h ago

Weak monsoon, West Asia risks cloud July-Sept FMCG demand

Consumer goods demand faces challenges from a weak monsoon and rising inflation. FMCG volumes saw a slight slowdown in the recent quarter, signaling potential future impacts. While urban growth eased, rural expansion accelerated but faces monsoon uncertainties. Companies remain cautiously optimistic about demand resilience despite ongoing global concerns. The full effect of delayed rainfall on rural spending is expected this quarter.

TThe Economic Times

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