Paramount to Lay Off Roughly 1,000 Employees in Sweeping Corporate

Paramount Warner Bros Acquisition Advances As FCC Reviews Foreign Investment Plan

Paramount seeks FCC approval for foreign investment as its Warner Bros. Discovery acquisition moves forward.


Panera Bread's Salad Stuffers Spark Employee Criticism Over Food Waste Concerns

Panera Bread faces backlash over its Salad Stuffers as employees raise concerns about food waste and product value.

Costco Faces Recall Of Heated Socks Linked To First- And Second-Degree Burns

Costco recalls heated socks after reports of burns, urging customers to stop use and return the product for a full refund.

Bonbon Chocolate Recall Issued Over Undeclared Allergen Hazard

French Broad Chocolates recalls bonbon products due to undeclared walnuts, warning of serious allergy risks and urging customers to return affected items.


Editor's Pick

UK Competition Watchdog Launches Review of Microsoft's OpenAI Investment

OpenAI, Microsoft End Exclusive Partnership After 7 Years—Azure Remains As Primary Cloud Partner

OpenAI and Microsoft have dropped their exclusive partnership after seven years. What does this mean for Azure?

Johnson & Johnson Plans Bankruptcy Filing to Finalize $6.48 Billion Talc Settlement

Johnson & Johnson Plans To Sell Prescription Drugs To TrumpRx In Cost-Reduction Push

Johnson & Johnson will sell diabetes and blood thinner drugs on TrumpRx as part of a U.S. push to reduce prescription medication costs.

Norwegian Cruise Line Incident: Coast Guard Halts Search After Man

Norwegian Cruise Line Incident: Coast Guard Halts Search After Man Falls Overboard

Coast Guard suspends search after a crew member fell overboard from the Norwegian Breakaway during a Bermuda to Boston voyage.


Regions

EU Moves Up Plan to Tax Cheap Chinese Online Imports

EU Faces 'Transitional Period' After Trump's New Import Surcharge Shakes Trade Deal

A months-long transitional period looms in transatlantic trade as President Donald Trump's new import surcharge threatens last year's U.S.-EU trade deal.



Funding

AI Startup Funding Surging Despite Sting of High Interest Rates

AI startups are riding a wave of fresh capital in 2025—even as the Federal Reserve keeps interest rates at multi-decade highs. Instead of slowing down, the sector is posting some of its boldest funding figures yet, fueled by surging demand for both AI infrastructure and specialized applications.

Cost Over Climate: Australians To Spend AU$80B On Energy Upgrades

On average, households plan to spend AU$7,500 on energy-efficient upgrades over the next five years, which could add up to more than AU$80 billion nationwide. About 50% of Australians want to make their homes eco-friendlier, driven mostly by a desire to reduce energy costs.

Australian Superannuation Funds Rethink US Bets Amid Dollar Volatility

"Like every other fund, we are questioning our exposure to the U.S. It would be fair to say that we've hit peak exposure and will be reducing over time," said John Pearce, chief investment officer of UniSuper, said.

Trump UK Trade Deal Pumps Crypto: $ETH Skyrockets, $BTC Hits $103K, $XRP Surges

President Trump has announced a trade agreement with a long-time ally, pumping crypto prices, including Bitcoin, which had been struggling to return to $100,000 in recent weeks.


People

Meta Raids $12B AI Startup Thinking Machines Lab, Snags Founding

Meta Raids $12B AI Startup Thinking Machines Lab, Snags Founding Engineers in Talent War

Meta hires key engineers from Mira Murati's $12B AI startup, highlighting an intensifying talent war as top firms compete for elite AI expertise.

Netflix Celebrates The Opening Of Its Production Hub In Madrid

Reed Hastings to Exit Netflix Board in 2026, Marking End of an Era for Streaming Pioneer

Netflix co-founder Reed Hastings will step down from the board in June, closing a historic chapter as the streaming giant enters a new leadership era.

Tim Sweeney Slammed for 'Out of Touch' Layoff Comment

Epic Games CEO Tim Sweeney Slammed for 'Out of Touch' Layoff Comment After 1,000 Job Cuts

Tim Sweeney faces backlash after calling laid-off Epic Games employees "once-in-a-lifetime talent. Many people think there's something wrong with this tone.