Here are the top business stories making the headlines in the morning newspapers.
No political interference
Police Scotland's chief constable has said he will "fiercely resist" any political interference in the force's investigation into the SNP's finances.
The BBC reports that Sir Iain Livingstone said the operation was being conducted "with integrity".
- Also yesterday, Sir Iain admitted that the force is institutionally racist and discriminatory.
He said prejudice and bad behaviour within the force was "rightly of great concern".
The BBC states that Sir Iain also said that acknowledging the issues exist was vital for real change to happen.
Council looking at generating its own power
Highland Council is exploring the potential of generating and storing its own power.
The local authority believes solar and battery storage could bring widespread benefits to communities, and help it achieve climate-change targets.
The BBC says benefits also include the creation of work for local suppliers.
But, in a report to councillors, officials said developing and managing renewables projects would require major investment.
American debt-ceiling talks
US President Joe Biden and top Republican Kevin McCarthy appear to be inching closer to a deal over the American debt ceiling, even as Congress breaks up for a holiday weekend.
A tentative deal would increase the ceiling for two years, capping federal spending except for the military and veterans, US media reported.
The BBC says that, investor worries have increased, despite earlier assurances that talks were making progress.
The US Treasury has warned that the country will not have enough money to pay all of its bills as soon as June 1.
Analysts say that, if the US fails to honour obligations, it could have severe economic consequences for both America and the world.
Expansion for Pets at Home
Pets at Home says it is planning to open at least 40 new stores across the UK as home working inspires more people to buy pets.
The retailer, which has almost 460 shops currently, unveiled the plans as it reported record annual profits.
Pets at Home said the rise in home working meant more people were buying pets at a younger age.
Lyssa McGowan, who took over as chief executive last June, said the opportunity offered by "Generation Z" was there for the taking.
The BBC says total revenue at the business was up 6.6% to £1.4billion in the year to the end of March.
Underlying pre-tax profits came in at £136.4million - up 4.8%.
Brain-chip firm gets US approval
Elon Musk's brain-chip firm says it has received approval from the US Food and Drugs Administration (FDA) to conduct its first tests on humans.
The billionaire's Neuralink implant company wants to help restore people's vision and mobility by connecting brains with computers.
It says it does not have immediate plans to start recruiting participants.
Mr Musk's previous ambitions to begin tests came to nothing.
The BBC says the regulator itself is yet to comment.
Germany in recession
Persistent inflation has helped push Germany into recession in the first three months of the year, an upgrade to growth data shows.
Europe's largest economy was also badly affected when Russian gas supplies dried up after the invasion of Ukraine, analysts said.
The economy contracted by 0.3% between January and March, the statistics office said.
The BBC says that followed a 0.5% contraction in the last three months of last year.
IT issues hit BA
British Airways has apologised for cancelling dozens of flights at London Heathrow on Thursday over IT issues.
The airline said it is fixing "technical problems" causing difficulties with online check-in, delaying flights.
The BBC says 43 flights had been cancelled as of 5pm yesterday.