Kmart Opens K Home, a Dedicated Home and Living Store

Kmart is testing a new store concept called K home, a 3,800 sqm standalone store focused on furniture and home styling. Opening June 18 in Box Hill South, Victoria, it brings online-only products in-store for the first time.

Stansted Parking Scam: Driver Left with Huge Bills

A holidaymaker paid £66 for a week's parking at Stansted but faced £250 overstay fee, £100 PCN, and £4,000 repair bill after car was damaged. The airport refunded some fees after investigation.

Nvidia Launches RTX Spark Superchip for AI PCs

Nvidia unveils the RTX Spark superchip, bringing AI capabilities to laptops and desktops, aiming to replace mouse and keyboard with AI agents. The chip will be used by Dell, Lenovo, Asus, and HP with Windows.

Caroline Marland, first female MD of Guardian Media Group, dies

Caroline Marland, the first woman to hold a senior post on a national newspaper as managing director of Guardian Media Group, has died aged 80. She saved the Guardian financially in the 1980s by capturing job advertising from the Times and Telegraph.

Diller's People Offers $18bn+ for MGM Resorts

Media mogul Barry Diller's People Inc proposes to buy MGM Resorts for over $18bn, a sharp departure from digital media. The offer values MGM at $48.30 per share, a 10.6% premium.

UK Green Economy Worth Over £100bn Annually

The UK's net zero economy is valued at over £100bn annually, supporting more than a million jobs with higher wages, according to CBI Economics research commissioned by the ECIU.

Minimum wage to rise 4.75% from July

About 3 million Australian workers will receive a pay rise after the Fair Work Commission's annual review, with the lowest paid getting a 6% increase from July.

Dems Oppose Crypto in 401(k) Plans Citing Risk

Congressional Democrats oppose a Trump administration proposal to allow 401(k) investments in crypto, private credit, and private equity, warning it exposes workers to extreme volatility and higher fees.

Alphabet Raises $80bn in Stock for AI Spending

Alphabet plans to raise up to $80bn in equity to fund AI infrastructure, including a $10bn share sale to Berkshire Hathaway. The move highlights the massive capital demands of the AI boom.

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