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Business

Todd Boehly exits Chelsea diminished after having his fingers burned

The billionaire’s departure will change little day-to-day but could be significant for club’s stadium plans Not since a doomed foray into the thorny world of the transfer market has Todd Boehly had any real influence over the day-to-day at Chelsea. The American exits football as…

The Guardian Business·
Business

Global leaders urged to join initiative to fight extreme inequality

More than 1,500 academics and economists sign letter, calling growing gap between richest and poorest ‘a policy choice that can be reversed’ More than 1,500 academics and economists from 100-plus countries are urging global leaders to join an initiative against extreme…

The Guardian Business·
Business

Medical AI has a proof problem

The technology’s advances have not yet translated into big improvements in real-life care

Financial Times·
Business

Has AI broken the old VC model?

A spate of mega-IPOs triggered by the AI boom is stretching the feast-or-famine industry dynamic to an extreme

Financial Times·
Business

The Bank of England is shaking up its bond sales – why does it matter?

What the plan to sell £146bn in gilts back to the Treasury means for the public finances Bank of England holds interest rates Burnham’s talk of ‘breathing space’ at odds with reality of future rate rises Mixed in with the Bank of England’s decision on Thursday to hold interest…

The Guardian Business·
Business

Trump’s love of fossil fuels is about more than money | Moira Donegan

The US decision to remove limits on coal and gas plant emissions is rooted in a perception of manliness in these industries You can impress a certain kind of person at a party by reciting the fact that there are more yoga instructors in the US than there are coalminers. In fact,…

The Guardian Business·
Business

Burnham to delay flagship investment summit until next year

Andy Burnham has shelved Sir Keir Starmer's plan to hold a flagship investment event later this year, with the next summit expected to take place outside London as part of the prime minister's effort to shift economic power into Britain's regions.

Sky News Business·