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Tech billionaire’s $158.3bn deal an outlier in report showing widening gap of CEO to worker pay at top companiesElon Musk received over 2.5m times as much compensation at Tesla as the company’s average worker, according to a new report on the growing gap between top corporate executives and their workers.Musk’s $158.3bn pay deal was an outlier but came as the gap between CEO and worker pay continued to grow. Excluding Musk, last year the average ratio of CEO to worker pay for the top S

Ofwat has given provisional approval for 13 water companies to charge customers more to pay for investments.

Labour's employment rights bill crackdown on zero hours contracts could cost businesses up to £2.9bn a year, new official analysis has found.

Firms in England and Wales seek to fund measures including supporting new homes and datacentresBusiness live – latest updatesMillions of households in England and Wales face higher bills after water companies were given the green light to spend £3.4bn more than planned, including to support new homes and datacentres.The new spending will come on top of the £104bn programme of investment approved by the regulator that had already meant water bills will rise by 36% over the second half o

Mark Walter bought team last year for $10bnIger and Kushner aim to ‘compete at the highest level’Josh ⁠Kushner and Bob Iger ⁠are purchasing ⁠the ​Los Angeles Lakers for more ⁠than $12bn in a record-breaking ⁠deal, ESPN reported ​on ‌Wednesday, citing ‌sources with knowledge ‌of the deal.Billionaire Mark Walter purchased a majority stake of the ‌NBA team last year from the Buss family in a ​deal that valued the club at $10bn, with ⁠the deal only ​having ​been approved ​by the board ​of

The Comac C919 will fly from Beijing to Ulaanbaatar in Mongolia, although experts say it could take generations for it to challenge the west’s dominance of the industryChina hopes to break into the world of commercial aviation with the first international flight of a Chinese-made passenger jet scheduled for Wednesday.The Comac C919 will take off from Beijing capital international airport at 3pm, landing in Ulaanbaatar, the capital of Mongolia, just over two hours later. Continue readin

Households living within 1600ft of upgraded pylons will get £250 a year off their electricity bills.

Discounts confirmed near more than 40 locations across Great Britain amid biggest upgrade to electricity grid since 1960sHouseholds living near new power pylons will have £250 a year taken off their energy bills as the UK government prepares to push ahead with more than 40 grid upgrade projects across the country.The government has promised hundreds of thousands of homes living within 500 metres of new grid infrastructure a saving of up to £2,500 on their energy bills over 10 years in

Justice department says it decided to abandon fraud and bribery case in which Adani Group has denied wrongdoingA US judge on ⁠Monday dismissed criminal charges against the Indian ⁠billionaire Gautam Adani, after ​the justice department said it had decided to abandon the fraud and bribery case.The Brooklyn-based district judge Nicholas Garaufis’s decision to grant federal prosecutors’ rare attempt to ⁠toss the case came after he inquired into their reasons for doing so, including by ask

The Football Association has banned solid perimeter walls around pitches after a safety review following the death of former Arsenal youth player Billy Vigar. Mais do que repetir a manchete, o ponto aqui e entender o que essa mudanca revela e por que ela merece atencao.

A New Mexico judge ruled Meta created a "public nuisance" that harmed children's mental health, ordering the company to pay over half a billion dollars in damages and overhaul safety features on Facebook and Instagram. Mais do que repetir a manchete, o ponto aqui e entender o que

Electronic Arts has officially become a private company. Last September, EA announced that an investor group led by Saudi Arabia's Public Investment Fund (PIF), Silver Lake, and Affinity Partners would be taking the company private in a $55 billion deal, and on Tuesday, EA said t