Business

Panelists Josh Schafer, Elizabeth O’Brien and Al Root discuss top stock picks for 2026 on ‘Barron’s Roundtable.’ Roughly 1,400 people across Nike’s Global Operations team will be laid off, the company announced Thursday. In a memo to employees, Chief Operating Officer Venkatesh Alagirisamy said the cuts will primarily affect Nike’s …

HMRC has provided clarity on how pensions work. It spoke after a question from a taxpayer about their private pensions. The person contacted the tax authority over social media as they were thinking of retiring soon. They asked if they were to retire from full-time employment at the end of …

Check out what’s clicking on FoxBusiness.com. Ford is recalling more than 140,000 Ranger trucks in the U.S. after federal safety regulators warned a wiring issue could elevate the risk of fire, as well as potential crashes or injuries. The recall affects 140,201 vehicles spanning the 2024 through 2026 model years, …

Customers of Barclays have reacted angrily after the bank confirmed it will permanently close its dedicated Barclaycard website, directing users to manage their accounts via its mobile app instead. The move, set to take effect on June 10, 2026, will impact more than five million UK customers who currently rely …

Check out what’s clicking on FoxBusiness.com. A Florida produce distributor has recalled thousands of cantaloupes due to a potential risk of salmonella contamination, and now the U.S. Food and Drug Administration (FDA) is warning of an increased risk. The recall was first initiated last month, but the FDA upgraded it …

Aldi has announced a major £1billion move that will be welcome news to British farmers. The German supermarket giant, which has more than 1,050 stores across the UK, has committed to investing £1.1billion over five years into British egg production to further strengthen and support its domestic supply chain. Aldi …

FOX Business’ Lauren Simonetti reports on Iranian attacks on cargo ships in the Strait of Hormuz, the impact on oil and and the economy on ‘Varney & Co.’ Lufthansa is cutting roughly 20,000 short-haul flights this summer, citing a spike in jet fuel prices that has rendered many routes “unprofitable” …

Leading department store Selfridges has confirmed a major change across all its UK sites. The department store has boosted its hourly pay rate for shop floor workers to align with the London Living Wage. Selfridges, which has four sites across the UK, has raised staff pay to £14.80 in London …

Treasury Secretary Scott Bessent and Sen. Chris Coons, D-Del., trade jabs during a Senate Appropriations Committee hearing over whether Treasury sanction relief is benefiting Russia and Iran. (Credit: Senate Appropriations Subcommittee) Treasury Secretary Scott Bessent pushed back Wednesday after Sen. Chris Coons, D-Del., suggested temporary sanctions relief for Iran has …

The Department for Work and Pensions has confirmed dates that millions of Brits should expect their benefit and pension payments around the upcoming bank holidays. The UK has two bank holidays next month, the early May Bank Holiday, which falls on Monday, May 4 and the spring Bank Holiday on …