Day Headlines in Business News: 2026-01-12
-
Trump announces 25% tariff on countries doing business with Iran (BBC Business 2026-01-12 23:03:03)
Trump says the new levy is "effective immediately" as anti-government protests in Iran enter a third week. -
Trump warns of 'mess' ahead of legal ruling on tariffs (BBC Business 2026-01-12 20:55:05)
The Supreme Court's decision on Trump's trade strategy could come as soon as Wednesday. -
UK to bring into force law to tackle Grok AI deepfakes this week (BBC Business 2026-01-12 18:27:44)
It is currently illegal to share deepfakes, but the law against creating them has not yet come into force. -
Former Fed chairs condemn criminal investigation into Jerome Powell (BBC Business 2026-01-12 16:35:57)
Three former heads of the central bank say the probe seeks to undermine the Fed's independence and "has no place" in the US. -
Instagram denies breach after many receive emails asking to reset password (BBC Business 2026-01-12 16:11:02)
The social media platform has said there was "no breach of its systems" but questions remain. -
Faisal Islam: Trump faces extraordinary moment in spat with Fed chair (BBC Business 2026-01-12 12:54:25)
Jerome Powell's public response to a DoJ investigation could be a seismic moment for Donald Trump's presidency. -
Library runs coffee mornings to tackle isolation (BBC Business 2026-01-12 12:53:38)
The sessions are an opportunity for people to connect but also for people who do not wish to chat. -
Ofcom investigates Elon Musk's X over Grok AI sexual deepfakes (BBC Business 2026-01-12 12:39:10)
The watchdog said it had received reports of the platform's Grok AI chatbot creating undressed images of people. -
Heineken boss steps down as beer sales slow (BBC Business 2026-01-12 12:30:12)
The move to low and no-alcohol has led to falling sales at the brewing giant. -
UK set for a 'booming' mortgage market, say analysts (BBC Business 2026-01-12 12:29:35)
Competition among lenders in the UK suggests that rates could be cut in the coming weeks. -
Trump plan to cap credit card costs hits bank shares (BBC Business 2026-01-12 12:02:32)
The US president has called for interest rates on credit cards to be capped at 10% for one year. -
Vets under corporate pressure to increase revenue, BBC told (BBC Business 2026-01-12 06:03:22)
Questions have been raised about whether the pet-care market is giving customers value for money. -
Malaysia and Indonesia block Musk's Grok over explicit deepfakes (BBC Business 2026-01-12 05:21:33)
Sexualised images of real people generated by Grok have circulated on X in recent weeks. -
US justice department opens criminal probe into Fed chair (BBC Business 2026-01-12 03:26:20)
He called the probe "unprecedented", following his refusal to lower interest rates after demands by Donald Trump. -
US justice department opens criminal probe into Fed chair Jerome Powell (BBC Business 2026-01-12 02:36:57)
Powell called the probe "unprecedented" and came after his refusal to lower interest rates after demands by Donald Trump. -
Malaysia and Indonesia block Musk's Grok over sexually explicit deepfakes (BBC Business 2026-01-12 02:36:49)
Sexualised images of real people generated by Grok have circulated on X in recent weeks. -
Why luxury carmakers are now building glitzy skyscrapers (BBC Business 2026-01-12 00:02:08)
Bugatti is the latest auto firm to construct an opulent apartment building for the super rich.