Global Food Giant Nestlé To Lay Off 16,000 Workers Amid Cost-Cutting Push
Nestlé will lay off 16,000 workers by 2027 as new CEO Philipp Navratil launches a major cost-cutting plan.
Is Your Cinnamon Safe? FDA Flags 16 Brands For Elevated Lead Levels
FDA warns 16 cinnamon brands contain unsafe lead levels, urging consumers to discard affected products immediately.
IKEA To Hike US Prices As Trump's 25% Furniture Tariffs Take Effect
IKEA will raise U.S. furniture prices as Trump's new 25% import tariffs take effect, impacting popular items like sofas and bedroom sets.
J&J Faces New Legal Battle In UK Over Alleged Asbestos Contamination In Baby Powder
Over 3,000 UK victims sue Johnson & Johnson over claims of asbestos in baby powder linked to cancer.
Editor's Pick
NBC News Workforce Faces Cuts As MSNBC Spins Off Into Separate Company
NBC News begins layoffs as MSNBC prepares to operate independently under new parent company Versant.
American Airlines Flight Makes Emergency Return To LAX After Fumes Reported Onboard
An American Airlines flight returned to LAX after passengers and crew reported fumes in the cabin shortly after takeoff.
Bank Of America Faces Federal Lawsuit Over Links To Convicted Sex Offender Jeffrey Epstein
Bank of America is sued for allegedly enabling Jeffrey Epstein's sex trafficking by ignoring suspicious financial activity.
Investors
Most Read
Regions
Colombia Gives In To US Deportation Flights To Avoid $53.5B Trade War
Colombian President Petro blocked US deportation flights, prompting Trump's tariff threats, but after escalating tensions, Colombia agreed to accept the flights, avoiding a trade war.
US Seizes Record $15 Billion in Bitcoin From Global 'Pig Butchering' Scheme Linked to Chen Zhi
Seized US Canned Food Company Looks to China, North Korea as Russian Sales Crash
China Retaliates Against Canada With Hefty Tariffs On Key Exports
China imposes retaliatory tariffs on Canadian goods in response to Canada's trade restrictions on Chinese products.
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic And Wegovy Cost Up To 13 Times More In The US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
China Imposes Retaliatory Tariffs on US Imports, Launches Google Antitrust Probe
China Bans Taiwan’s Fruit and Seafood Imports, Igniting Trade Dispute
Deals
Funding
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.
China Launches $138B High-Tech Fund to Boost AI, Emerging Industries
China launches a $138 billion fund to boost innovation in AI, quantum technology, and emerging industries over the next 20 years.
People
Elon Musk Briefly Loses World's Richest Title as Larry Ellison's Net Worth Soars
Larry Ellison briefly overtook Elon Musk as the world's richest person after Oracle's stock soared on strong AI-driven earnings.
Protests Against Elon Musk Encourages the Public to Take Part in the 'Tesla Takedown' Movement
Protests erupted over the weekend outside many Tesla showrooms around the world against Elon Musk and his involvement in government.
Former Airline Employee Admits to Secretly Filming Children on Flights
Former flight attendant pleads guilty to secretly filming children on flights, facing up to 20 years in prison for child exploitation.
