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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.

Lynn Hatem

Lynn Hatem is a distinguished journalist for Beijing Times, renowned for her insightful coverage of culture and lifestyle. Despite not being native to China, her unique international perspective has made her a powerful voice in articulating the richness of global cultures. She continuously navigates the multifaceted cultural landscape, painting a vivid picture of contemporary life and trends.

San Francisco’s China Live to Launch Expansive Asian Food Playground in Santa Clara

San Francisco's acclaimed China Live is set to expand its culinary empire with a new, expansive Asian food playground named Asia Live. This ambitious...

Zalando Shuts German Warehouse, 2,700 Jobs at Risk

Online fashion giant Zalando has announced the closure of its Erfurt logistics center in Germany, a move that will impact approximately 2,700 employees. The...

China’s Biopharma Revolution: From Imitation to Innovation and Global Leadership

China's biopharmaceutical sector is undergoing a dramatic transformation, shifting from a market primarily focused on sales to a global powerhouse of innovation. This evolution,...

Pearl Noodles: China’s Comfort Food Craze

Yudu pearl noodles, a beloved dish originating from Jiangxi Province, are experiencing a surge in popularity across China. This comforting Hakka cuisine staple, known...

China’s Music Scene Harmonizes with AI: A Revolution in Creation and Performance

Artificial intelligence is rapidly reshaping China's music industry, ushering in an era of unprecedented creativity, efficiency, and new possibilities. From AI-powered music production tools...

NBA Roars Back to China After Six-Year Hiatus, Navigating Delicate Geopolitical Waters

The National Basketball Association (NBA) has officially returned to China for the first time since 2019, with the Brooklyn Nets and Phoenix Suns playing...

China’s Rocket Race Heats Up: iSpace Secures Major Funding Amidst Reusable Rocket Advancements

Chinese launch startup iSpace has announced a significant Series D+ funding round of $98 million, bolstering its development of the reusable Hyperbola-3 rocket. This...

Chinese AI Powerhouse MiniMax Aims for $600 Million IPO with Major Backing from Alibaba and Abu Dhabi

Chinese artificial intelligence startup MiniMax is gearing up for a significant initial public offering (IPO) in Hong Kong, aiming to raise over $600 million....

China’s AI Ascendancy: New Strategies and Breakthroughs Poised for 2026

China is making significant strides in artificial intelligence, with new training methodologies and strategic plans set to accelerate its progress in 2026. The nation's...

China Ushers in 2026 with Economic Optimism and Cultural Flourishing

China has welcomed 2026 with widespread celebrations and a palpable sense of optimism, building on a successful 2025 that marked the completion of its...

China’s ‘Health Silk Road’ Boosts African Pharmaceutical Production

China is significantly expanding its "Health Silk Road" initiative across Africa, focusing on local pharmaceutical production to combat medicine shortages and reduce the continent's...

China’s Cultural Exports Surge, Boosting Global Soft Power

China is increasingly leveraging its cultural exports to enhance its global soft power, a shift marked by the international success of its popular culture....

AI Musicians Redefine Creativity in the Streaming Era

When most bands prepare for a performance, they rely on guitars, keyboards, and drums. British AI music creator Oliver McCann, who performs under the...

Mooni Perry Explores the Legacy of the Seven Fairies in Hong Kong

South Korean artist Mooni Perry has long been fascinated by the rituals and traditions rooted in Asian folklore, particularly those with a strong female...

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