Amazon is reportedly preparing to cut up to 14,000 jobs, many of which could be in Washington state, as part of a broader workforce reduction, according to Reuters. The announcement follows a previous layoff round last year, which saw thousands of positions cut from the company. Washington State’s Employment Security Department listed Amazon on its…
ByteDance, TikTok’s Chinese parent company, recently established a separate American entity to run the app’s U.S. operations. This restructuring aims to separate U.S. TikTok from its Chinese parent, addressing concerns about data privacy and foreign control. The move came after years of pressure from lawmakers, who feared the Chinese government’s potential access to Americans’ data….
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…
Big tech companies and data center operators are suddenly concerned about their image amid the AI boom. Big tech companies and data center operators are suddenly concerned about their image amid the AI boom. Jan 27, 2026, 11:53 PM UTC Stevie Bonifield is a news writer covering all things consumer tech. Stevie started out at…
American Airlines led the world in cancellations on Saturday, Sunday, Monday and today so far. In total, they’ve cancelled about 9,000 total flights. That’s more than Delta cancelled in summer 2024 after the CrowdStrike outage. It’s not yet as many as Southwest cancelled across the 2022 December holiday period, but American isn’t done yet. Today…
Melbourne, Australia Kieran Stone | Moment | Getty Images South Korea’s Kospi hit a second straight day of record highs Wednesday after U.S. President Donald Trump struck a conciliatory tone on his tariff threat against Seoul. “We will work something out with South Korea,” he reportedly said. The Kospi closed 1.69% higher at 5,170.81, while the…
By Karl Plume and Chris Prentice WASHINGTON, Jan 27 (Reuters) – Grain trader Archer-Daniels-Midland Company will pay a $40 million civil penalty after the U.S. Securities and Exchange Commission charged it and two of its former executives with inflating the performance of a key business segment, the regulator said on Tuesday. With the agreement, the…
A new Southwest Airlines policy that requires plus-sized passengers to buy an extra seat if they “encroach” onto the seat next to theirs is sparking disappointment, anguish and frustration among leagues of larger bodied people across the U.S. who long relied on the airline as their carrier of choice. Southwest’s new “customer of size” policy,…
But how does one decide what constitutes a piece of content—or whether or not something is considered pornographic? “It’s mostly a counting question in terms of ‘does the law apply’” Alan Butler, the executive director of Electronic Privacy Information Center, previously told WIRED. Kupper, who sponsored Arizona’s age verification law, tells WIRED he stuck to…
The Supreme Court is taking up a case on whether Paramount violated the 1988 Video Privacy Protection Act (VPPA) by disclosing a user’s viewing history to Facebook. The case, Michael Salazar v. Paramount Global, hinges on the law’s definition of the word “consumer.” Salazar filed a class action against Paramount in 2022, alleging that it…
CMS Announces Selection of Drugs for Third Cycle of Medicare Drug Price Negotiation Program, Including First-Ever Part B Drugs Negotiations Will Occur in 2026 With Negotiated Prices Effective in 2028 The Centers for Medicare & Medicaid Services (CMS) announced the selection of 15 high-cost prescription drugs covered under Medicare Part D and, for the first…
(Bloomberg) — President Donald Trump’s relaxed tone about the dollar selloff is fueling speculation the US currency is at the start of a longer-term decline. The dollar suffered its deepest one-day drop since last year’s tariff rollout after Trump said on Tuesday he didn’t think the currency had weakened excessively. Bloomberg’s dollar gauge slid as…
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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….