Donald Trump has insisted he’s a “kind” and “gentle” person while in the same breath blasting one of his very own appointees as a “moron.” The president’s comments came as part of a confused and rambling Truth Social tirade posted early Thursday morning. “Jerome ‘Too Late’ Powell again refused to cut interest rates, even though…
Peacock, the streaming service of Comcast’s entertainment unit NBCUniversal, has posted a widened fourth-quarter loss of $552 million, compared with $372 million in the year-ago period. Comcast, which announced its latest financial results on Thursday, put the higher Peacock loss down in part to the launch of the NBA and an exclusive NFL game. Due to its…
Wall Street is starting to weigh in on President Trump’s decision to nominate Kevin Warsh to lead the Federal Reserve. And a few themes are emerging from the reaction. First, Warsh is seen as a safe pick. Relatively. “President Trump’s apparent pick of Kevin Warsh for the next Fed Chair would arguably be one of…
In an ever-complex humanitarian landscape, Doctors Without Borders (MSF) faces significant challenges in safeguarding its personnel while continuing its vital operations in Gaza and the occupied Palestinian territories. Opting to withhold staff data requested by Israeli authorities, MSF underscores the heightened risks that humanitarian workers encounter amid the ongoing conflict, emphasizing the need for stringent…
The recent discussions between Ukraine and Russia in Abu Dhabi highlight the ongoing complexities of international diplomacy amidst conflicts. With both nations navigating through a landscape shaped by historical tensions, these talks facilitated by the U.S. suggest a potential shift towards dialogue, even as skepticism remains about the outcomes. Observers note that the involvement of…
Musk’s electric car company says it will invest $2bn in artificial intelligence start-up as part of pivot away from auto market. Published On 29 Jan 202629 Jan 2026 Click here to share on social media share2 Share Tesla has reported its first-ever decline in annual revenue on a busy day for corporate earnings that also…
Opinion It’s not your fault Amazon hired you for a position that it no longer deems necessary – blame bad planning or unanticipated market conditions. Everybody guesses wrong sometimes, even with the power of the most sophisticated business analysis software and the smartest prognosticators one can hire. It’s not your fault if you quit your…
Dow is planning to cut approximately 4,500 jobs as the chemicals maker puts more emphasis on using artificial intelligence and automation in its business. The company said Thursday that it anticipates about $600 million to $800 million in severance costs related to the cuts. Those costs are part of a broader plan aimed at simplifying…
Tesla dominated the electric vehicle industry by the mid-2010s with sleek, fast cars that helped combat the public perception that EVs were severely limited by short ranges. Now the company – and its controversial CEO, Elon Musk – face stiffer competition and political headwinds. Its EV sales fell by a record 9% in 2025, amid…
In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Comcast posted mixed results for its fourth quarter on Thursday, beating analyst expectations on earnings but slightly missing on revenue. Once again, Comcast’s broadband business showed signs of significant competition facing cable companies. Comcast said it lost 181,000 domestic broadband customers during the period, although…
In this article HD Follow your favorite stocksCREATE FREE ACCOUNT A Home Depot logo is displayed at one of their stores in San Diego, Nov. 8, 2025. Kevin Carter | Getty Images News | Getty Images Home Depot on Wednesday laid off 800 workers and said corporate employees will have to return to the office…
In this article .BBKA Follow your favorite stocksCREATE FREE ACCOUNT Deutsche Bank said Thursday it saw record profits during the fourth quarter of 2025, as the lender’s earnings update came amid a new investigation by German authorities into alleged money laundering. The German lender’s fourth-quarter results statement showed net profit attributable to shareholders came in…
German software giant SAP plunged as much as 16% Thursday after reporting weaker-than-expected growth in its cloud contract backlog in the fourth quarter. It’s the biggest daily fall since October 2020, when its stock dropped 22% following disappointing third-quarter results. The stock also closed at its lowest price since mid-2024. SAP’s current cloud backlog rose…
Microsoft (MSFT) reported its second quarter earnings after the bell on Wednesday, beating Wall Street estimates on the top and bottom lines, with cloud revenue topping $50 billion for the first time. But the company’s stock fell over 11% Thursday as investors worried about that cloud growth slowing — and about the company’s ballooning AI-fueled…
In the ongoing conflict between Ukraine and Russia, President Volodymyr Zelenskyy is redefining military strategies to increase the effectiveness of his armed forces. Emphasizing a fresh approach focused on enhancing precision in combat operations, he aims to shift the dynamics at the negotiating table while also delivering a strong message regarding Ukraine’s resilience in the…
In the complex tapestry of Middle Eastern geopolitics, recent developments involving the United States and Iran have sparked intensified discussions among regional leaders advocating for diplomacy. As President Donald Trump engages with Iranian officials amidst a significant military buildup in the region, nations are striving to navigate towards peaceful resolutions rather than escalating conflict. This…
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Amazon plans to cut 16,000 more jobs as it pursues reorganization, the company said Wednesday in a blog post. The company, which will report Q4 2025 and full fiscal year earnings next week, declined to…
NEW YORK (AP) — Few ripples washed through Wall Street Wednesday after the Federal Reserve decided to hold its main interest rate steady, just like investors expected. The U.S. stock and bond markets each remained at a virtual standstill, while the U.S. dollar stabilized following its sharp recent slide. Some of the strongest action remained…
U.S. Treasury Secretary Scott Bessent on Wednesday touted the benefits of the Trump administration’s new savings program for U.S. children, telling “CBS Saturday Morning” co-host Kelly O’Grady that the “Trump Accounts” could serve as “a rainy day fund” when those kids reach adulthood. The program, created under the Republicans’ “big, beautiful bill” tax and spending…
World Network (formerly Worldcoin) WLD token surged more than 27% on Wednesday after a Forbes report linked the controversial crypto project to OpenAI’s broader effort to fight bots online. OpenAI CEO Sam Altman wants to build a “biometric social network” to help online platforms verify users and weed out AI-generated accounts, Forbes reported, citing people…
Indonesia’s stock exchange has halted trading twice in the past two days © Willy Kurniawan/Reuters Indonesian stocks tumbled as much as 16 per cent in two days as a sell-off triggered by index provider MSCI’s warning about the market’s investability accelerated. The Jakarta Composite index fell as much as 10 per cent on Thursday despite…
In the wake of a dramatic political upheaval in Bangladesh, the country stands on the brink of its first parliamentary election since the ousting of the long-standing Awami League government. With the party’s current ban complicating the electoral landscape, citizens grapple with shifting allegiances and the reality of a political environment marked by uncertainty and…
UPS is doubling down on reducing its relationship with Amazon. Investors were not pleased with UPS (UPS +2.29%) in early 2025 when the company announced plans to reduce deliveries for Amazon by more than 50% by late 2026. The move would lead to a full-year revenue decline and force a broad restructuring of the company’s…
Big companies are heeding President Trump’s call to support his “Trump Accounts,” a new savings plan he said will make life more affordable for Americans. Bank of America and JPMorgan Chase are pledging to make a matching $1,000 contribution to their employees who open a Trump Account, a savings plan announced by the White House last…
It said: “Given Mr Niccol’s chief executive role, the enhanced media attention to which Mr Niccol and Starbucks are subject, and the current threat landscape, the security study for Mr Niccol also recommended that Mr Niccol use private aviation for all air travel, whether for personal, commuting, or business purposes.”
In a time when diplomacy teeters on the edge of conflict, Iran stands firm in its commitment to national defense amid rising tensions with the United States. As Iranian officials engage in high-level talks with regional partners in Turkiye, their determination to safeguard sovereignty reveals a broader strategy that emphasizes unity and resilience against external…
As Russia’s war on Ukraine enters its prolonged phase, the complexities of military strategies and humanitarian crises continue to unfold, revealing deep ramifications for civilians caught in the conflict. While recent developments shed light on ongoing hostilities, they also highlight the importance of international diplomacy to seek meaningful resolutions. With the stakes higher than ever,…
Business CEO Ted Decker informed employees about the workforce reduction and new in-office policy Wednesday. Home Depot announced corporate job cuts and a new in-office work policy Wednesday. (Natrice Miller/AJC) link copied *]:pointer-events-none [&.is-paywalled>*]:blur-[7px] ” data-start=”0″ data-end=”2″ data-size=”2″ readability=”8″> Home Depot says it is eliminating about 800 corporate jobs, most of which are fully remote…
Three weeks ago, Elon Musk’s AI company, xAI, revealed it raised $20 billion in a Series E funding round. Now we know Tesla is among its investors. Tesla disclosed in a letter to shareholders on Wednesday that it invested $2 billion in xAI, the startup behind the Grok chatbot that also owns Musk’s social media…
The social media giant continues to fire on all cylinders. While many companies are looking for ways to profit from artificial intelligence (AI), Meta Platforms (META +10.71%) has flipped the narrative on its head. The company has long used sophisticated algorithms to surface relevant content and direct targeted advertising to users of its social media…
SEATTLE — Amazon has announced mass layoffs that will affect nearly one in 10 members of its corporate workforce, cutting about 16,000 jobs in a move that is already sending ripples through the regional economy. RELATED | Amazon to cut about 16,000 corporate jobs in latest round of layoffs The reductions come just three months…
Mark Zuckerberg says Meta users will start to see new AI models and products from the company in a matter of months. “In 2025, we rebuilt the foundations of our AI program,” Zuckerberg said on an investor call Wednesday, referring to the company’s recently restructured AI lab. “Over the coming months, we’re going to start…
In a surprising twist, award-winning Palestinian journalist Bisan Owda has successfully regained access to her TikTok account, boasting 1.4 million followers, after its abrupt removal. This incident highlights the critical role of social media in amplifying voices from conflict zones and reflects how international attention and advocacy can influence platforms to uphold journalistic integrity in…