Business · Important news for 17 August 2026
Thirty US States Sue Meta to Force Platform Overhaul for Young Users
Microsoft stock jumps as Azure annual revenue tops $100 billion
Wall Street Strategists See Payoff From Big Tech AI Spending
UK Asking Prices Fall While England Loosens Planning Rules for Housing
US 20-year bond sale to test market demand amid yield curve steepening
Amazon, Alphabet, and Microsoft Allocate Nearly $600 Billion in Capital Expenditures
Oil majors reap $93 billion windfall from Iran war
Geoffrey Hinton warns of mass unemployment from AI replacement
British House Prices Suffer Biggest August Drop Since 2018 as AstraZeneca Halts Trial
US Probe on Mark Walter Focuses on Four Intermediaries
Google Launches Latest AI Model Amid Strategic Balancing Act
2026 401(k) rule mandates Roth treatment for catch-up contributions above $150k
Nutella Maker Ferrero Expands in US Snack Market with Multi-Billion Dollar Deals
Ferrero has invested billions in acquiring US food brands, culminating in a recent $3.1 billion cereal deal to test its expansion strategy.
- Ferrero spent billions buying US food brands
- Revenues grew fivefold during the expansion
- A new $3.1 billion cereal deal tests the latest strategy
Campaigners urge Andy Burnham to crack down on gig economy firms
Analysis attributes flat oil prices to falling global demand
Guardian investigation finds discrepancy in Microsoft's reported AI chip capacity
Home Depot CEO Takes Medical Leave Ahead of Earnings
Visa Data Shows Over 30% of Americans 80 and Older Carry Mortgage Debt
Water Companies in England and Wales Consider Surge Pricing During Drought
That's all the important news for now
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