Here are the business stories making the headlines across Scotland and the UK this morning.
Trainline, Virgin Atlantic and RED Driving School investigated over 'drip pricing'
Trainline, Virgin Atlantic and RED Driving School are being investigated by the consumer watchdog over concerns they are not showing full prices upfront to customers.
The Competition and Markets Authority (CMA) is examining whether the three companies engaged in so-called 'drip pricing', which is an illegal practice where mandatory fees are not included in the headline price shown to customers.
If the CMA concludes that the firms have broken the law, it can fine them or order them to compensate customers.
Read the full story from the BBC.
Council chiefs exploring options for Sir Ian Wood memorial in Aberdeen
Council chiefs will soon begin working with the family of the late Sir Ian Wood to memorialise the north-east business legend’s legacy.
The magnate died peacefully at his home aged 84 last month, with tributes flooding in from across the country recognising his contribution to Aberdeen.
His firm, Wood Group, rose from a humble family fishing group to a huge oil and gas corporation as the city blossomed into Europe’s energy capital.
Get the full story in The P&J.
US national debt passes $40tn after doubling in a decade
US national debt has more than doubled in a decade to reach a milestone $40tn (£29.4tn), Treasury figures show.
The rise reflects years of heavy spending under both the Donald Trump and Joe Biden administrations, along with higher interest payments that have steadily added to the total. In 2016, the national debt stood at just under $20tn.
The Congressional Budget Office (CBO) had projected overall borrowing would reach $39.6tn only by the end of fiscal year 2026, external.
Find out more on the BBC website.
Moderna shares jump 175% on skin cancer trial success
The share price of Moderna, the US drug company, nearly trebled on Wednesday after it revealed a breakthrough in developing personalised cancer treatments, adding billions of dollars to its market valuation.
Moderna, which successfully produced a vaccine during the Covid-19 pandemic, and Merck, another US pharma company, said top-line results from a late-stage trial of an experimental mRNA-based vaccine succeeded in increasing the time before cancer returned or spread in patients with melanoma.
Shares in Moderna surged 177 per cent to $174.38 in New York following the announcement, valuing the company at more than $60 billion. Merck shares rallied more than 12 per cent to $152.23. Moderna shares recorded their largest one-day percentage increase since the company floated in 2018.
Read more in The Times.
£500k sale of collapsed Aberdeen charity HQ fell through at last minute
A £500,000 deal to sell the main city centre property of collapsed charity Mental Health Aberdeen fell through at the last minute, a new report has revealed.
Thousands of adults and children were left without the free counselling services they had relied upon after the charity ceased its operations with immediate effect in July last year.
The shock closure, announced on Facebook, also left 63 employees jobless.
Read the Press and Journal exclusive here.
US retail giant receives $1bn boost from tariff refunds
Target has revealed it has received almost $1bn (£733.9m) in tariff refunds from the US government which boosted the retailer's latest profits.
The American chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income doubling to $2.6bn from $1.3bn last year.
Target is the latest of many businesses both large and small being given tax rebates on goods imported to the US following a Supreme Court ruling that declared a wave of President Donald Trump's import tariffs were unlawful.
Read the full BBC article.
Two more senior Sport Aberdeen figures suspended
Two more senior staff at Sport Aberdeen have been suspended.
Marketing and communications head Lauren O’Neill and estates manager Hugh Black were put on leave by interim chief executive Graeme Dale at the council leisure charity’s Bridge of Don HQ on Wednesday.
The Press and Journal understands both had complained about head of HR and organisational development Nickie Scorgie, who was later suspended.
Russia launches missile strikes on Kyiv and surrounding region, killing at least eight
A wave of overnight Russian missile strikes has killed at least eight people in the capital Kyiv and the surrounding region, Ukrainian authorities say.
Apartment blocks and warehouses were hit in the "massive attack" on Thursday, according to the State Emergency Service of Ukraine (DSNS), while a children's hospital and school were damaged. At least 33 people were injured.
Authorities are working to rescue people trapped underneath the rubble of demolished buildings, with crews already pulling two survivors from debris.
Read more on the BBC website.