1.9 C
Beijing
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.

Chinese Woman Detained for Misusing Found Phone and Wallet Funds

LifestyleChinese Woman Detained for Misusing Found Phone and Wallet Funds

In a surprising turn of events, a 60-year-old woman, identified as Wang, was detained by police in Sichuan province, southwestern China, for her questionable use of a found phone. In early December, Wang stumbled upon an unlocked phone on the street, which, to her astonishment, provided unrestricted access to the owner’s WeChat wallet containing 5,100 yuan (about US$700).

The absence of a password or any form of security on the phone tempted Wang to embark on an impulsive shopping spree with her daughter, spending the entire amount in a clothing store. To mask the source of her sudden windfall, Wang misled her daughter, claiming the phone and funds were a gift from a new boyfriend. Their spree involved eight separate transactions, each under 1,000 yuan, in accordance with WeChat’s payment system limitations for password-free transactions.

The phone’s rightful owner, a manual laborer surnamed He, reported the loss to the police. The money in the e-wallet, he explained, was painstakingly saved to support his grandson’s living expenses. The authorities successfully traced the unauthorized expenditures back to Wang, leading to her detention on charges of theft.

This incident has sparked a heated debate on social media in China, with many netizens expressing outrage over Wang’s actions. Comments ranged from concern over the possibility of recovering the funds for the laborer to criticisms of Wang’s moral compass. One user pointed out the vital lesson in ensuring digital security, highlighting the importance of setting up passwords for mobile devices and online payment platforms.

As the case continues to be investigated, the consequences of Wang’s actions remain uncertain. This incident not only sheds light on the perils of inadequate digital security but also raises questions about ethical responsibility in the face of temptation. Wang’s decision to use the found funds has led to legal troubles and public condemnation, serving as a cautionary tale about the repercussions of exploiting others’ vulnerabilities.

READ MORE:

Check out our other content

Check out other tags:

Most Popular Articles