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Wednesday, January 28, 2026

UPS to cut 30,000 jobs and close 24 sites as Amazon volume “glide-down” continues

UPS plans to cut up to 30,000 jobs and close 24 facilities in 2026 as it reduces Amazon delivery volume, even as the company beat earnings estimates and forecast higher revenue for the year.

Wall Street pushes S&P 500 toward 7,000 while Dow falls as healthcare stocks tumble

Wall Street lifted the S&P 500 to a record and closer to 7,000 as earnings rolled in and the Fed meeting began, while the Dow slipped after health insurers sank on Medicare Advantage news.

Tesla stock in focus ahead of results as Wall Street debates growth vs profitability

Tesla is set for a key earnings test as investors watch margins, demand and pricing strategy, with the results expected to influence sentiment across the EV and tech markets.

Editorial Team

Iran State TV Airs Assassination Threat Against Trump, Referencing Butler Incident

Iranian state TV airs a chilling threat against former President Donald Trump, using an image from the 2024 Butler, Pennsylvania assassination attempt with a menacing caption.

Italy Establishes Europe’s First F-35 Pilot Training Hub in Sicily

Italy is set to become the premier location for F-35 fighter jet pilot training outside the United States, with the formal announcement of an...

Geely Auto Overtakes Volkswagen in China, Securing Second Place Amidst Shifting Market Dynamics

Geely Auto has experienced a significant surge in China's automotive market, surpassing Volkswagen and claiming the second position in sales. This shift underscores the...

China’s Oil Giants Seek Beijing’s Counsel Amidst Venezuelan Turmoil

China's major state-owned oil corporations, including the China National Petroleum Corporation, are actively seeking guidance from Beijing regarding their substantial investments in Venezuela. This...

Toyota Electrifies Iconic Hilux Pickup for European Market

Toyota has officially unveiled the all-electric version of its legendary Hilux pickup truck at the Brussels Motor Show. This marks a significant step for...

Automakers Slash Prices in China as Competition Intensifies and Sales Decline

Major automakers, including BMW and General Motors, are implementing significant price cuts on a wide range of vehicles in China. This aggressive strategy comes...

Elon Musk’s xAI Pledges $20 Billion for Mississippi Data Center, Heralding Economic Transformation

Elon Musk's artificial intelligence company, xAI, has announced a monumental $20 billion investment to establish a state-of-the-art data center in Southaven, Mississippi. This landmark...

Larry Page Emulates Jeff Bezos with $173 Million Miami Real Estate Acquisition

Google co-founder Larry Page has reportedly purchased two waterfront mansions in Miami's exclusive Coconut Grove for approximately $173 million. This significant real estate move...

AI Race Heats Up: China’s Top Minds Warn of Widening Gap with US

Leading figures in China's artificial intelligence sector have expressed concerns that the nation may not be able to catch up to the United States...

EU and China Inch Towards Resolution on Electric Vehicle Tariffs

The European Union and China have taken a significant step towards de-escalating their trade dispute over electric vehicles (EVs). The European Commission has released...

London’s Property Market Faces Unprecedented Losses: A Deep Dive into the Trends

For the first time in over a decade, London has become the UK region where homeowners are most likely to sell their properties at...

Spain Cracks Down on Rental Market: Room Rent Caps and Stricter Lease Rules Introduced

Spain's government is set to implement new regulations aimed at curbing soaring rental prices and addressing a significant housing shortage. Prime Minister Pedro Sánchez...

London’s Murder Rate Hits Decade Low, Officials Tout Success Against Crime Claims

London has achieved its lowest homicide rate in over a decade, with officials and Mayor Sadiq Khan highlighting the figures as a rebuttal to...

Singapore and Japan Unite in Quantum Computing Leap

Singapore and Japan have solidified a groundbreaking collaboration aimed at accelerating the development of fault-tolerant quantum computing systems. This strategic partnership, marked by a...

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