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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

Asia-Pacific Lacrosse Championship Heats Up: Japan, Philippines, and Australia Vie for Supremacy

The 2026 Asia-Pacific Men's Lacrosse Championship is underway in Wellington, New Zealand, with national teams battling for qualification spots in the 2027 World Lacrosse...

Amazon Secures $15 Billion in Landmark Bond Sale, Fueling AI and Growth

Amazon.com Inc. has successfully raised $15 billion through its first US dollar bond offering in three years, a significant move that underscores the tech...

Alibaba’s MAI-UI Emerges as a New Leader in AI GUI Agents, Outperforming Gemini 2.5 Pro

Alibaba's Tongyi Lab has unveiled MAI-UI, a groundbreaking family of foundation GUI agents designed to revolutionize mobile interaction. These agents demonstrate superior performance in...

Exiled Iranian Prince Urges Sustained Protests Amidst Crackdown

Exiled Iranian Crown Prince Reza Pahlavi has issued a fervent call for ongoing protests across Iran, urging citizens to intensify their actions and prepare...

US Signals Shifting Stance on Iran Protests as Demonstrations Intensify

Widespread anti-government protests have gripped Iran for over a week, with demonstrators taking to the streets in major cities, setting government buildings ablaze, and...

International Community Expresses Grave Concern Over Iran Protests and Crackdown

International bodies and the European Union have voiced deep alarm regarding the escalating violence and human rights violations during recent protests in Iran. The...

Cambodia Extradites Alleged Crypto Scam Kingpin Chen Zhi to China Amid International Pressure

Cambodia has extradited Chinese-born tycoon Chen Zhi, accused of orchestrating a massive transnational cryptocurrency scam network, to China. The move follows indictments and sanctions...

HBO Max and RTL+ Forge Streaming Alliance in Germany

In a significant move for the German streaming market, HBO Max has announced a strategic bundling deal with local platform RTL+. This partnership aims...

Ancient African Innovations: 60,000-Year-Old Poison Arrows and a 9,500-Year-Old Hunter-Gatherer Pyre Uncovered

Recent archaeological findings in Africa are reshaping our understanding of early human ingenuity and social practices. Discoveries include the world's oldest evidence of poison...

Shanghai Unleashes $10 Billion Tech Offensive Amidst US-China Rivalry

Shanghai has announced a significant investment of over $10 billion (70 billion yuan) to bolster its high-tech industries, including artificial intelligence, semiconductors, and aviation....

China’s Box Office Roars Back in 2025, Fueled by ‘Ne Zha 2’ and ‘Zootopia 2’

China's cinematic landscape experienced a significant resurgence in 2025, with the box office surging 20 percent year-over-year to $7.41 billion. This robust recovery, a...

Trump Envoy Morgan Ortagus Reportedly on Leave Amid Allegations of Affair with Lebanese Banker

Reports have surfaced alleging that Morgan Ortagus, a former Trump administration envoy, has been placed on administrative leave due to claims of a romantic...

China’s Tourism Sector Surges Ahead, Poised to Become World’s Largest

China's travel and tourism industry is experiencing robust growth, driven by strategic government initiatives and expanding infrastructure. The World Travel & Tourism Council (WTTC)...

China’s Cereal Crops Under Siege: Compound Droughts and Extreme Rainfall Threaten Food Security

China's vital cereal crops are increasingly facing a double threat from compound climate events, experiencing both severe droughts and extreme rainfall. This alarming trend,...

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