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Wednesday, January 28, 2026

Amazon confirms 16,000 job cuts after “Project Dawn” message was sent by mistake

Amazon confirmed about 16,000 corporate job cuts after an internal “Project Dawn” layoff message was sent accidentally, extending a broader push to reduce layers, boost efficiency and expand AI-driven automation.

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.

Fashion

K-Fashion’s Global Ascent: Brands Expand Offline Footprint in Japan and China

South Korean fashion brands are aggressively expanding their physical presence in Japan and China, capitalizing on the global surge in interest in Korean culture. This strategic move aims to...

Amazon confirms 16,000 job cuts after “Project Dawn” message was sent by mistake

Amazon confirmed about 16,000 corporate job cuts after an internal “Project Dawn” layoff message was sent accidentally, extending a broader push to reduce layers, boost efficiency and expand AI-driven automation.

South Korea’s former first lady Kim Keon Hee sentenced to 20 months in bribery case

South Korea’s former first lady Kim Keon Hee was sentenced to 20 months in prison after a court found she accepted luxury gifts as bribes tied to the Unification Church, while other major allegations were dismissed for lack of evidence.

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.

EU and India finalize “mother of all deals” as tariffs fall and market access expands

The EU and India finalized a landmark free trade agreement aimed at cutting tariffs on most goods, easing access for services and investment, and reshaping trade ties across a combined market of about 2 billion people.

Discovering the Artistry of Christian Dior: A Fashion Odyssey in Chengdu

The Christian Dior: Designer of Dreams exhibition has been showcasing the fashion label's history and impact in museums across the world, including the Museum...

Accelerating Success: Lululemon and Zhou Guanyu Unite as Newest Ambassadors

Athleisure brand lululemon has named Zhou Guanyu, China's first Formula 1 driver, as its newest ambassador. The announcement was made in Shanghai on Wednesday....

Champion of Positive Narratives: A Media Innovator’s Journey

Embark on an incredible adventure through the life of Emmy-winning producer, bestselling author, and successful entrepreneur, Yue-Sai Kan, with her first-ever Chinese-language autobiography, "Be a Pioneer". Follow Kan's journey from her childhood in Hong Kong and early career in fashion, beauty, communication, and cultural exchange to her decades-long career in television and her transformation into an entrepreneur with her market-leading cosmetics brand, Yue Sai. Filled with personal memories, reflections, and anecdotes from friends and colleagues.

Embracing the Chinese Market: Global Brands Spotlight the Year of the Rabbit.

Global brands release special edition products for Lunar New Year, embracing Chinese culture and celebrating the Year of the Rabbit.

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