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Stay current with all the latest and breaking news from Business, compare headlines and perspectives between news sources on stories happening today. In total, 39,571 stories have been published about Business which Ground News has aggregated in the past 3 months.

Latest News Stories

Europe · London

UK royals’ spending up 17%, mostly for palace overhaul costs

44% Center coverage: 18 sources
The British monarchy’s publicly-funded spending rose by 17% to 102.4 million pounds ($124 million) in the past year, with the renovation of Buckingham Palace taking up a large part of the expenses, royal accounts published Thursday showed. The palace’s annual Sovereign Grant report showed that royal spending went up by 14.9 million pounds compared to the previous year.See the Story
Business · Washington

Biden says will see Saudi crown prince, won't push directly on oil

Coverage: 14 sources
U.S. President Joe Biden said he would see Saudi Arabia's king and crown prince during a visit to the country next month. Biden said the purpose of his trip was not to press them to increase oil output. He said he had indicated all the Gulf states should be increasing oil production generically, not Saudi Arabia particularly.See the Story
Europe · London

Cost of living latest: Drivers are being overcharged by petrol stations, RAC say; Netflix to release cheaper subscription - but there's a catch

42% Center coverage: 7 sources
Andrew Bailey said Britain's economy would likely weaken earlier and be more intense than others as a result of the energy price shock. The situation was further exacerbated in this country by the legacy of Covid in the labour market as companies struggled with a shortage of workers. To address inflation, the Bank of England needed the option of half-point interest rate rises.See the Story
Business · Los Altos

Apple says developers will have to submit a new version to use third-party payment systems in South Korea

44% Right coverage: 9 sources
Apple announced Thursday that developers can now use a third-party payment system for the South Korea App Store. The company specified that developers will need to submit a separate binary for iOS or iPadOS distributed solely on the App Store in South Korea. It also recommended developers to use pre-approved payment processors, including KCP, Inicis, Toss, and NICE.See the Story
Business · Washington

Senate Democrats push revised drug pricing plan as they prep larger Biden economic package

80% Left coverage: 5 sources
Democrats plan to submit a "finalized agreement" on allowing Medicare to negotiate prices with pharmaceutical companies. CVS Health, Rite Aid and Amazon announced Tuesday that they were limiting orders of emergency contraceptive pills to three per order. There's no final deal on the broader bill, however, as other major parts of the "reconciliation" package are still being negotiated.See the Story
Business

Fiscal deficit at 12.3% of the annual Budget target for 2022-’23 in May

60% Right coverage: 5 sources
For the current financial year, the government has projected that the deficit will come at 6.40% of the Gross Domestic Product.See the Story
Business · New Delhi

GM calls off plan to sell India car plant to China's Great Wall

Coverage: 2 sources
GM struck a deal in January 2020 to sell the plant to Great Wall Motor. The Chinese SUV-maker expected to pay up to $300 million as part of a broader plan to invest $1 billion. The agreement, which was extended twice, expired on June 30. GM stopped selling cars in India at the end of 2017.See the Story
Business · New York

Iowa court reverses precedent on Iowa pig farm lawsuits

Coverage: 2 sources
The court concluded, 4-3, that a 2004 decision was wrong. The decision is a significant blow to property owners in rural areas who want to take legal action over expanding hog farms. The Iowa high court has six conservative justices appointed by Republican governors and one Democratic appointee.See the Story

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