UPS is betting on a pivot away from transporting Amazon deliveries towards healthcare logistics © Justin Sullivan/Getty Images UPS said it would slash up to 30,000 jobs this year and close at least 24 facilities, as the logistics group reckons with a decrease in package volume from Amazon, its largest customer. The job cuts, representing…
BOSTON (AP) — A federal judge said Tuesday that a nearly completed Massachusetts offshore wind project can continue, as the industry successfully challenges the Trump administration in court. At U.S. District Court in Boston, Judge Brian Murphy halted the administration’s stop work order for Vineyard Wind, citing the potential economic losses from the delays and…
Dario Amodei falls into the same traps he warns about. By Timothy Beck Werth Timothy Beck Werth Tech Editor Timothy Beck Werth is the Tech Editor at Mashable, where he leads coverage and assignments for the Tech and Shopping verticals. Tim has over 15 years of experience as a journalist and editor, and he has…
A television station broadcasts the Federal Reserve’s decision to hold rates after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Bloomberg | Bloomberg | Getty Images The S&P 500 reached a milestone level on Wednesday, hitting 7,000…
Pinterest said on Tuesday that it plans to lay off less than 15% of its workforce to cut back on office space and reallocate resources for its AI initiatives. In a regulatory filing, the company noted it expects to complete the layoffs by late September. The filing stated that Pinterest would be “reallocating resources to…
The dollar slips against a basket of other major currencies to trade at lowest level in four years © Financial Times Gold soared to a further record high and a sell-off in the US dollar accelerated after Donald Trump said he was not concerned by its steep falls in recent days, as fears in currency…
The intervention at the event — titled Europe’s race for digital leadership — comes at a particularly sensitive time in transatlantic relations, after U.S. President Donald Trump’s recent threats to take over Greenland forced European politicians to consider retaliation. Virkkunen declined to single out the United States as one of the partners that the EU…
A “sale pending” sign in front of a home for sale in Larkspur, California, Nov. 30, 2023. Justin Sullivan | Getty Images Serious headwinds in the housing market and the broader economy are tanking home sales at an alarming rate. More than 40,000 signed home purchase agreements were canceled in December, representing 16.3% of all…
FILE PHOTO: Rick Rieder, BlackRock’s Chief Investment Officer of Global Fixed Income, speaks during a Reuters investment summit in New York City, U.S., November 7, 2019. Lucas Jackson | Reuters A five-month process of finding the next Federal Reserve chair appears to be down to its final days, with one candidate emerging as the betting…
In a pivotal moment for the U.S. economy, the Federal Reserve has decided to maintain interest rates in a climate of evolving economic conditions and political pressures. This steady approach aims to foster maximum employment and a stable inflation rate, despite external influences from political figures advocating for more drastic changes. As key developments unfold,…
In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT The TikTok logo is displayed at a TikTok office on Jan. 23, 2026 in Culver City, California. Mario Tama | Getty Images TikTok’s U.S. app, now under majority American ownership, said a recent wave of glitches and content disruption was due to a power outage…
United Parcel Service will cut up to 30,000 operational roles and shut another 24 facilities in 2026, the world’s largest package delivery company said on Tuesday, as part of a planned shift toward higher-margin shipments. Last year, the company eliminated 48,000 jobs, launched driver buyouts and closed operations at 93 buildings, targeting about $3 billion…
On a Monday night NBC News segment, Anthropic CEO Dario Amodei expressed concern over “some of the things we’ve seen in the last few days,” referring to the violence of Border Patrol agents in Minneapolis. Amodei focused on the importance of preserving democracy at home, both on NBC and in a post on X that…
Key insight: Ex-Citi executive Julia Carreon is accusing the bank of maintaining a sexually discriminatory culture that ultimately forced her to resign from her job. What’s at stake: Carreon’s lawsuit accuses one of Citi’s top leaders, Andy Sieg, of “unrelenting and egregious sexual harassment” that ultimately “poisoned” her reputation. The charges are the second time…
Washington — President Donald Trump could announce his nominee for the next Federal Reserve chair as soon as this week, and has signaled that his pick must push for significant interest rate cuts. But whoever he chooses will face a new policymaking committee — and one that could be even more resistant to slashing rates….
Less than a week ago, United Airlines CEO Scott Kirby vowed to “draw a line in the sand” against American Airlines. American is United’s top competitor at Chicago’s O’Hare International Airport (ORD), and it has been rapidly adding flights at the Midwest hub since last summer. The very next day, American added three more routes…
Topline Khaby Lame, the 25-year-old Italian content creator known for his tight-lipped comedy skits, has sold his company Step Distinctive Limited, which manages his global brand and commercial activities, to Rich Sparkle, a publicly traded holding company based in Hong Kong, in a transaction valued at $975 million, according to a public SEC filing. Key…
If you follow the US airline industry, you know that among the “big three” carriers, Delta is the most profitable, followed by United, followed by American. American has today released its 2025 full-year results, and the difference in profitability continues to grow, as the company’s leadership is seemingly running out of empty promises it can…
During last summer’s NBA Finals, a fully AI-generated commercial featuring people in man-on-the-street interviews yelling toward the camera about all the things they were going to bet on (football games, the price of eggs, hurricanes, alien visitations) introduced the world to Kalshi. Tagline: “The world’s gone mad, trade it.” The ad was made by “AI…
Anta Sports Products Limited confirmed early Tuesday in China that it inked an agreement with Groupe Artémis, the investment company of the Pinault family, to acquire a 29.06 percent stake in Puma SE in a deal worth 1.5 billion euros, or about $1.8 billion. The transaction is expected to close by the end of 2026….
Some new and existing AI capabilities may be put behind a paywall. Some new and existing AI capabilities may be put behind a paywall. Jan 27, 2026, 10:44 AM UTC Jess Weatherbed is a news writer focused on creative industries, computing, and internet culture. Jess started her career at TechRadar, covering news and hardware reviews….
In this article UNH Follow your favorite stocksCREATE FREE ACCOUNT UnitedHealth Group Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images UnitedHealth Group on Tuesday posted a modest fourth-quarter earnings beat, but issued soft revenue guidance,…
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT Boeing reported revenue ahead of Wall Street expectations for the fourth quarter as the company’s turnaround picked up steam following years of crises. The company’s airplane deliveries last year were the highest since 2018, helping drive revenue. Boeing brought in $23.9 billion in the last…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Jan. 21, 2026. Brendan McDermid | Reuters The S&P 500 rose to a new all-time intraday high on Tuesday, aided by gains in Big Tech, as traders awaited earnings from companies in the sector. Traders also looked ahead…
The Treasury Department cut ties with Booz Allen Hamilton on Monday and announced that it was canceling $21 million in federal contracts with the consulting giant because one of its ex-employees previously leaked President Donald Trump’s tax returns to the press. A statement from Treasury Secretary Scott Bessent referenced Charles Littlejohn, a onetime Booz employee…
Ricursive Intelligence, a startup building an AI system to design and automatically improve AI chips, has raised $300 million at a $4 billion valuation. The company said Monday the round was led by Lightspeed. Ricursive says the system will be able to create its own silicon substrate layer and speed up AI chip improvements. Rinse…
WASHINGTON (AP) — After two weeks of intense political and legal scrutiny, the Federal Reserve will seek to make this week’s meeting about interest rates as straightforward and uneventful as possible, though President Donald Trump probably still won’t like the result. The central bank’s interest rate-setting committee is almost certain to keep its key short-term…
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT DETROIT – General Motors beat Wall Street’s fourth-quarter earnings expectations Tuesday, while guiding for another year of “strong financial performance” in 2026. The Detroit automaker, which slightly missed revenue expectations, also announced a 20% increase in its quarterly dividend and a new $6 billion share…
In this article MU Follow your favorite stocksCREATE FREE ACCOUNT A general view of Micron Technology’s building in Singapore, June 23, 2020. Micron Gcm Studio | Reuters Micron Technology on Tuesday committed approximately $24 billion to expand its wafer manufacturing operations in Singapore, as the American memory chipmaker moves to expand production amid global shortages. …
Topline Social media app UpScrolled said its servers crashed earlier today because so many new users are downloading the app as it capitalizes on user discontent with TikTok, which has alienated some users who accuse it of censoring anti-Trump videos after spinning off its U.S. operations to a new entity owned by some Trump allies….
NEW YORK (AP) — U.S. stock indexes ticked higher Monday, while other markets made louder moves, including another record-breaking rush for the price of gold. The S&P 500 rose 0.5% and won back its losses from last week’s dip. The Dow Jones Industrial Average climbed 313 points, or 0.6%, and the Nasdaq composite added 0.4%….
The ICE shooting of Alex Pretti has stirred many in Silicon Valley. By Chris Taylor Chris Taylor Chris is a veteran tech, entertainment and culture journalist, author of ‘How Star Wars Conquered the Universe,’ and co-host of the Doctor Who podcast ‘Pull to Open.’ Hailing from the U.K., Chris got his start as a sub…
In the wake of TikTok’s U.S. ownership change last week, some users are seeking out alternative platforms. One app gaining traction is UpScrolled, a social network that pledges to remain impartial to political agendas. The app currently ranks 12th overall in Apple’s App Store and second in the social networking category. UpScrolled blends familiar features…