Business news

• DOJ Admits It Has Zero Records or Paper Trail for Trump's $1.8 Billion IRS Settlement

  12-06-2026 16:01 via ibtimes.co.uk
  
  US watchdog CREW says the Justice Department's Civil Division has admitted it can find no records for a $1.776 billion IRS settlement reached under Donald Trump's presidency, deepening concerns over how the deal was made.
  
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• Alan Hale Dead at 68: Astronomer Who Co-Discovered Legendary Hale–Bopp Comet Dies, Tributes Pour In

  12-06-2026 19:15 via ibtimes.co.uk
  
  Alan Hale, co-discoverer of the Hale–Bopp comet, has died at 68. His work in astronomy and education left a lasting impact on science.
  
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• Bad Bunny Went From Conservative Lightning Rod to Vatican Insider—What Happened Behind Closed Doors?

  12-06-2026 19:14 via ibtimes.co.uk
  
  Bad Bunny met Pope Leo XIV during his Madrid residency, sparking intrigue about their private discussions.
  
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• European Destinations Britons May Want To Avoid This Summer Due To Overtourism, Long Border Queues

  12-06-2026 19:01 via ibtimes.co.uk
  
  UK travellers face long airport queues and border delays due to the EU's new Entry/Exit System, impacting summer holidays across Europe. Airlines advise arriving early to avoid missed flights.
  
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• World Cup 2026: Inside Ronaldo's 665 Million Follower Lead Over Football's Elite

  12-06-2026 18:37 via ibtimes.co.uk
  
  The 2026 FIFA World Cup highlights a divide in social media influence, with stars like Ronaldo and Messi leading in followers and earnings, while many players remain less visible online.
  
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• Visa Fees Reimbursement Scheme for Scale Ups – how do I apply?

  12-06-2026 18:36 via growthbusiness.co.uk
  
  By Anna Jordan on Growth Business - Your gateway to entrepreneurial successThe government is introducing a reimbursement scheme for visa fees (also known as VFRS4SU).This is geared at businesses in the life sciences, clean energy and digital technologies. Covers specialist hires and their dependents. The scheme aims to reduce cost restrictions and hire time while giving business owners more confidence when hiring overseas.As part of the scheme, businesses will be able to apply for up to £2
  
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• AI Price War Explodes As Companies Are Dumping OpenAI, Anthropic for Cheaper Tools

  12-06-2026 18:36 via ibtimes.co.uk
  
  The AI industry faces a price war as businesses move from premium models to cheaper alternatives, prioritising cost efficiency over brand loyalty and reshaping AI deployment strategies.
  
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• Elon Musk Confession: 'Trillionaire' Rejects Relaxing On Beach Because 'Nothing Matters If We Collapse'

  12-06-2026 18:24 via ibtimes.co.uk
  
  Elon Musk says civilisation's survival outweighs personal luxury, arguing that cultural and political battles matter more than leisure if society were to collapse.
  
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• Erika Kirk, Blake Wynn Dating Rumours Explained: Charlie's Widow Breaks Silence On Supposed Beverly Hills Date Report

  12-06-2026 18:16 via ibtimes.co.uk
  
  Erika Kirk has denied rumours of dating businessman Blake Wynn, dismissing claims as 'completely false' amid intense online speculation following her husband's death.
  
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• Donald Trump Tried To Sue The IRS, Settle With Himself, And Grant His Family Lifetime Immunity

  12-06-2026 18:16 via ibtimes.co.uk
  
  Donald Trump's $10B IRS lawsuit has reportedly led to a controversial deal critics say could create a $1.7B fund and grant sweeping immunity, now facing legal pushback.
  
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• UK City Plans To Ban Balaclavas After Surge In Cases Of Masked E-Bike Thugs Running Riots In The Streets

  12-06-2026 18:07 via ibtimes.co.uk
  
  Nottingham City Council is considering a controversial balaclava ban as concerns grow over masked e-bike related street crime, CCTV anonymity, and public safety in the city centre.
  
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• Texas Man Convicted of Stealing $300K in LEGO Sets and Goods, Sentenced to 45 Years

  12-06-2026 18:05 via ibtimes.co.uk
  
  A Texas jury sentenced Winston Love to 45 years for orchestrating a retail theft operation across Texas and Oklahoma, stealing over $300,000 in goods, including 200 LEGO sets.
  
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• Desperate Search Starts For Missing 23-Year-Old British Tourist Off Albufeira's Peneco Beach

  12-06-2026 18:03 via ibtimes.co.uk
  
  A British swimmer is missing at Peneco Beach, Portugal, prompting a major search operation. The incident highlights rip current dangers along the Algarve coast, especially for tourists.
  
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• Tom Cruise, Pamela Anderson Dating: Insiders Claim Actor Made The First Move On The Last Showgirl Star

  12-06-2026 18:02 via ibtimes.co.uk
  
  Rumours of Tom Cruise and Pamela Anderson dating have emerged after he reportedly praised her Golden Globe-nominated role, though neither star has confirmed the speculation.
  
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• Kamala Harris, Doug Emhoff Divorce Rumours Resurface: Ex-VPOTUS Moves to Malibu Home as Separation News Fly

  12-06-2026 18:01 via ibtimes.co.uk
  
  Kamala Harris faces renewed divorce rumours after reports of separate living arrangements with Doug Emhoff, though no split has been confirmed amid ongoing political speculation.
  
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• Donald Trump Leadership Crisis: GOP Senator Warns POTUS Enters The Most Miserable Two Years Of His Life

  12-06-2026 18:01 via ibtimes.co.uk
  
  Outgoing Republican senator John Cornyn warns Donald Trump faces a difficult two years, predicting midterm losses and renewed turmoil within the GOP after a bitter Texas primary.
  
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• Donald Trump Was a Total 'Egomaniac': UFC Pioneer Reveals Bitter School Feud With 'Cadet Bonespurs'

  12-06-2026 17:46 via ibtimes.co.uk
  
  Art Davie, co-founder of the UFC, has described his former military school roommate, Donald Trump, as a teenage 'egomaniac' who insisted he was the best at everything.
  
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• YouTuber Arrested After Live-Streaming Outside Nancy Guthrie's Family Home and Causing Public Nuisance

  12-06-2026 17:42 via ibtimes.co.uk
  
  A YouTuber was arrested for disruptive behaviour outside the home of Nancy Guthrie, as authorities address disturbances caused by content creators
  
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• Iran Threatens Attack on Elon Musk's Firms, Including Starlink and SpaceX, Flagging Them As 'Military Targets'

  12-06-2026 17:35 via ibtimes.co.uk
  
  Iran has threatened Elon Musk's companies, including SpaceX and Starlink, amid escalating tensions with the US, accusing them of aiding US military operations in the Middle East.
  
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• SpaceX Stock: Why Investing £1,000 in Tomorrow's IPO Could Leave You Out of Pocket

  12-06-2026 17:31 via ibtimes.co.uk
  
  SpaceX plans a historic IPO with a $1.75 trillion valuation, driven by Starlink and AI growth. Investors weigh potential returns against high expectations.
  
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• Lawsuit Claims Sam Altman Rushed GPT-4o To Market Without Proper Testing – And a 24-Year-Old Paid With Her Life

  12-06-2026 17:25 via ibtimes.co.uk
  
  A Canadian mother is suing OpenAI, alleging its chatbot encouraged her daughter's suicidal thoughts. The lawsuit highlights safety concerns and claims the AI failed to intervene over 18 months.
  
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• George RR Martin Shock: The Winds of Winter Author's Fans Left Reeling By Eye-Watering Price Of New Book Release

  12-06-2026 17:25 via ibtimes.co.uk
  
  A new Folio Society 30th‑anniversary edition of A Game of Thrones will launch in July 2026 for £1,500, sending George R.R. Martin fans into debate as they still wait for The Winds of Winter.
  
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• PoliceAI: UK Launches National AI Hub To Speed Up Crime Investigations, Freeing Up 3,000 Officers

  12-06-2026 17:18 via ibtimes.co.uk
  
  UK plans a national AI hub to speed up crime investigations, automate admin work and potentially free up 3,000 officers for frontline duties.
  
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• World's Rarest Orangutans Pushed Closer to Extinction As 58 Were Killed After Four Days of Extreme Rain

  12-06-2026 17:16 via ibtimes.co.uk
  
  Severe rainfall in North Sumatra killed 58 rare orangutans, raising alarm over the survival of this critically endangered population amid climate risks.
  
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• Spy Turtles And Fish In The Sea? China Claims Sea Animals Are Being Turned Into Secret Spy Devices

  12-06-2026 17:16 via ibtimes.co.uk
  
  Chinese authorities allege foreign agencies are using marine animals with tracking devices for espionage in territorial waters.
  
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• Meghan Markle, Prince Harry US Backlash: American Public Sentiment Allegedly Shifting Following Series of Business Disruptions

  12-06-2026 17:15 via ibtimes.co.uk
  
  Prince Harry and Meghan Markle face a shift in US public sentiment and media challenges, as their initial goodwill and lucrative deals with Netflix and Spotify encounter scepticism and setbacks.
  
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• Nancy Guthrie Case Update: Arizona Authorities Intervene as Social Media Streamers Disrupted Neighbourhood Search

  12-06-2026 17:14 via ibtimes.co.uk
  
  Three social media streamers were arrested for causing disturbances in Nancy Guthrie's neighbourhood, turning the area into a 'circus' amid an ongoing missing person investigation.
  
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• Who Is Vance Boelter? Dems Hit List Uncovered After Fake Officer Shoots Hortman and Husband, Sen. Hoffman

  12-06-2026 17:13 via ibtimes.co.uk
  
  Vance Boelter pleads guilty to a politically motivated shooting spree in Minnesota, targeting Democratic politicians and abortion rights advocates, resulting in multiple deaths and injuries.
  
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• Building Trump's 250-Foot Arch Next to Arlington National Cemetery Would Mean 20-Hour Construction Days for Three Years

  12-06-2026 17:12 via ibtimes.co.uk
  
  Federal planning documents detail the construction of Trump's proposed 250-foot Independence Arch near Arlington, revealing extensive plans, legal challenges, and unresolved funding issues.
  
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• Are Selena Gomez, Taylor Swift Feuding? Benny Blanco's Wife Reminds Internet She Has Pals Outside of Their Group Chat

  12-06-2026 17:12 via ibtimes.co.uk
  
  Selena Gomez has shut down rumours of a Taylor Swift feud after a Knicks post sparked confusion online, saying the comment was only a joke among friends.
  
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