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Australian oil and gas producer Santos reported a steeper-than-expected drop in annual profit on Wednesday (Feb 18), hurt by weak commodity prices, and said that it would reduce…
The workforce reduction comes at a time when companies are paring jobs and closely monitoring headcount Boeing is eliminating about 300 supply chain jobs from its defence division,…
Toshiyuki Onuma notes that there are several possibilities to increase the production of sustainable aviation fuel Toshiyuki Onuma, the newly elected president of the International Civil…
President Trump moved quickly this week to negotiate with Democrats to try and avert a lengthy government shutdown over Department of Homeland Security funding, a sharp departure from last…
And that’s just the cost to purchase the buildings—ICE also has to pay to turn them into jails with bathrooms, beds, dining, and recreation facilities. A third warehouse purchase in El…
The chief financial officer at the African Development Foundation has confirmed the Trump administration's claims of fraud by agreeing to plead guilty to directing hundreds of thousands of…
India’s Bharat Petroleum Corp (BPCL) will open a trading office in Singapore next month, as the state-owned refiner seeks to become more flexible in its feedstock procurement…
Pinterest said Tuesday it’s planning to slash up to 15% of its workforce. The San Francisco-based image-sharing platform used for inspiration for home decor, fashion and other interests is…
The company expects to complete the restructuring plan near the end of its third quarter, ending Sep 30, 2026 Pinterest said that it plans to cut “less than 15 per cent” of its…
Nike isn’t the only household corporate name to announce significant layoffs this week. Just a day after the sporting goods giant announced layoffs, citing a further embrace of automation,…
United Parcel Service on Tuesday (Jan 27) said it would cut up to 30,000 operational roles in 2026, adding to last year’s job reductions as the delivery giant looks to accelerate…
America’s most iconic shoe giant is starting 2026 by laying off workers. Nike has confirmed that it will lay off 775 employees in the United States. The move marks the third year in a row…
Nike is cutting approximately 775 jobs as it aims to consolidate its U.S. distribution center operations across facilities in Tennessee and Mississippi. In a statement sent to FN on…
Software company Autodesk is slashing roughly 1,000 roles, representing a 7% cut of its global workforce. The San Francisco company, which makes software used by architects, designers and…
More recently, the CEO Jean-Laurent Bonnafe has been selling some stakes in various businesses Paribas is seeking to eliminate about 1,200 positions as it completes the…
Software company Autodesk is planning to cut around 1,000 jobs, or about 7 per cent of its workforce, as it seeks to streamline its efforts in sales and marketing. Most of the…
That day alone, Trump spent a 90-minute press briefing mumbling to himself over a stack of papers, alleging that “pirating ships” is the only thing that Somalis succeed at, claiming that…
Immigrations and Customs Enforcement has stopped paying for immigrant detainees to receive health care—and isn’t planning on paying for months, independent journalist Judd Legum reported…
The index’s surge over the past 12 months is the best among more than 90 global equity indexes tracked by Bloomberg The world-beating rally in South Korean stocks is poised to extend as…
Over the years, I’ve built up quite an impressive collection of clothes. So much so, it now spans over multiple wardrobes. But the thing is, like most people, I of course, only wear a very…
Quote of the day “I am very annoyed. I’m very disappointed. I’m seriously frustrated.” —Pfizer CEO Albert Bourla tells attendees at a healthcare conference this week his feelings about the…
Asian stocks advanced on Friday as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after upbeat US economic data left traders trimming bets…
Wastewater testing can alert public health officials to measles infections days to months before cases are confirmed by doctors, researchers said in two studies published Thursday by the…
In what is now a post-Golden Globes tradition, host Nikki Glaser went on “The Howard Stern Show” to reveal the jokes she left on the cutting room floor. Among the bits that didn’t make it…
