‘El Chapo’ scion pleads guilty to US drug trafficking charges
Ovidio Guzmán, son of the Sinaloa cartel’s co-founder, could produce trove of data on group’s ties to Mexican politicians
Kraft Heinz explores potential break-up
Spinning off traditional grocery unit featuring boxed dinners and processed cheese is one idea being studied
Non-dom exodus hits London market for butlers
Demand for high-end domestic staff has fallen since the Budget ended tax loophole for wealthy UK residents
Musk’s xAI seeks up to $200bn valuation in next fundraising
Grok chatbot maker in early talks with investors to boost its value as much as 10 times from last year
Unite union moves to suspend Rayner and re-examine ties with Labour
Member vote over Birmingham bin strikes marks blow to government as it battles to retain links with leftwing
Starmer-Macron deal on migrant returns valid for just a year, says French official
Tensions over where migrants rejected by Britain will end up could hamper implementation of agreement with Paris
How Elon Musk’s rogue Grok chatbot became a cautionary AI tale
Posts praising Hitler show the risks of accelerating the nascent technology with little stress testing and few guardrails
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Brussels plans new tax on big companies to boost EU budget
Annual charge would hit groups with net turnover of €50mn or more, according to leaked European Commission proposal
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Britain’s damaging flirtation with a wealth tax
Labour’s higher levies on entrepreneurs are already harming UK attractiveness
Stockpickers: Rewards await for patient investors in UK small techs
Fledging UK digital companies may not command premiums of Magnificent Seven, but are worth a look
James Gunn, Hollywood’s box office superhero
A fan of trashy cult movies, his wacky blockbusters have rescued comic book franchises from mortal danger
Trump’s immigration agenda follows the trade template — for good and ill
Long-term frameworks are necessary to lock in the desired effects of the US administration’s most controversial policies
Directors’ Deals: Nelson Peltz cashes in £25mn of Unilever shares
Activist investor’s sale for ‘portfolio management’
Does the US have Dutch disease?
The exorbitant burden of exporting dollars makes it hard for America to govern at home
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UK economy unexpectedly contracted 0.1% in May
Second consecutive monthly fall in growth comes as Labour’s fiscal problems intensify
When in drought . . . planting for a parched summer
This long dry season calls for a portfolio approach, hedging your bets rather than root-and-branch restructuring
Friedrich Merz’s coalition hits first crisis over supreme court nominee
German government shelves vote on justices at the last minute after conservative rebellion over SPD pick
The France-Italy spread has flipped
Liberté, égalité, volatility
Amazon’s annual deal fest is no longer all about the bargains
Prime Day isn’t just a way of shifting goods so much as a means of feeding the ecosystem
Business school teaching case study: how Jaguar’s turning point courts controversy
The luxury-car maker is betting on radical design, slashed sales targets and a new customer base — but will this creative gamble pay off?
Coffee tariffs give caffeine fans grounds for concern
Almost all of the hit from coffee price rises reaches end consumers in eight months — a lifetime to a caffeine addict