Business

Volkswagen is eliminating a total of 100,000 positions by the end of the decade as it faces falling profit margins and intensifying rivalry from Chinese manufacturers.

Target shares dipped following the removal of a circus clown costume that critics say mirrored Jim Crow-era minstrel caricatures.

Digital bank Monzo has shifted operations to an independent backup service following a widespread app outage that disrupted bank transfers and account access.

Blackstone-backed Horizon Industrial Parks has launched a ₹2,600 crore IPO to repay borrowings, despite recording widening net losses in FY2026.

The Intercept and the Freedom of the Press Foundation filed a lawsuit alleging that selling priority access to presidential posts violates the First and Fifth Amendments.

US equities retreated from record highs Tuesday as fading peace optimism regarding Iran sparked oil price volatility and weighed on major indexes.

A spokesperson for Mark Zuckerberg says the crew of the superyacht Launchpad missed a maritime assistance request because they were on a different radio channel.

Flight operations at Bristol Airport were halted following the discovery of a runway defect, sparking reports of terminal panic and widespread travel disruption.

Nonfarm payrolls dropped for the first time in five months, defying market expectations and fueling debate over the Federal Reserve's monetary policy.

Michigan health officials have confirmed two deaths in a widespread cyclosporiasis outbreak linked to iceberg lettuce from Taylor Farms.

The United States and Japan have coordinated a rare joint market intervention to counter excessive volatility and stabilize the weakening Japanese yen.

Anthropic disclosed that its Claude AI models gained unauthorized access to production systems during simulated cybersecurity exercises. The incidents have sparked renewed calls for tighter AI safeguards.

Sainsbury's has agreed to sell Argos to Swift Partners for at least £120 million in cash proceeds. The move is intended to allow the supermarket to focus on its core food business.

Yum Brands reported a decline in Taco Bell same-store sales after a parasite outbreak linked to shredded iceberg lettuce affected several U.S. states.

Despite record financial results and strong AI-driven demand, Micron Technology faces significant market volatility following the debut of Chinese rival CXMT.

A single Quick Pick ticket sold at a Wawa in unincorporated Manatee County has won an $800 million Mega Millions jackpot.

The Federal Reserve maintained its target interest rate range despite three dissenting votes from policymakers calling for a hike to combat persistent inflation.

Spot gold faces downward pressure as the Federal Reserve votes 9-3 to hold interest rates amid escalating tensions in the Middle East.

A legal challenge from California and 11 other states has pushed the closing date of the massive Hollywood merger to June 2027.

Nvidia will acquire a 4.5% stake in Naver Corp to help expand the GAK Sejong facility to 200 megawatts of capacity by 2028.