Business News
- Bank of England expected to hold interest ratesInterest rates were cut to 3.75% in December and analysts expect at least one further reduction this year.
- US probes Nike over white workers' discrimination claimsCourt documents allege the sportswear company treated white employees less favourably.
- Workers urge Target and US firms to speak up over ICE raidsWorkers are writing letters, staging strikes and in some cases resigning over how bosses are handling the immigration crackdown.
- US launches plan to tackle China's critical minerals dominanceThe event was attended by representatives of more than 50 countries, the White House said.
- Wegovy maker warns price cuts 'painful' for firm as shares plungeNovo Nordisk is facing "unprecedented" price pressures, "intensifying competition" and patents expiring.
- Washington Post announces sweeping layoffs as it scales back news coverageA former editor describes the massive cuts as one of the "darkest days" in the history of the storied newspaper.