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Business

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AI saves $500 million for Microsoft as layoffs reshape strategy
AI saves $500 million for Microsoft as layoffs reshape strategy

REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...

FTC’s rule to ease subscription cancellations struck down by court
FTC’s rule to ease subscription cancellations struck down by court

WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...

Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes
Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes

BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...

Ex-UK PM Sunak takes advisory role at Goldman Sachs
Ex-UK PM Sunak takes advisory role at Goldman Sachs

NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...

Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets
Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets

LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...

PwC: Copper shortages may disrupt 32 percent of chip output by 2035
PwC: Copper shortages may disrupt 32 percent of chip output by 2035

AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...

New York

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Ex-UK PM Sunak takes advisory role at Goldman Sachs
Ex-UK PM Sunak takes advisory role at Goldman Sachs

NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...

Travelers can now keep shoes on at TSA checkpoints
Travelers can now keep shoes on at TSA checkpoints

WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...

Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea
Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea

NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...

Mark Vientos, Francisco Lindor rally Mets past Royals
Mark Vientos, Francisco Lindor rally Mets past Royals

(Photo credit: Denny Medley-Imagn Images) Mark Vientos laced a go-ahead, three-run double in the eighth inning, Franciso Lindor added...

Paul McCartney announces fall 'Got Back' North American Tour; check out dates
Paul McCartney announces fall 'Got Back' North American Tour; check out dates

Washington, DC [US], July 12 (ANI): The Beatles legend Paul McCartney is hitting the road again. The singer-songwriter has announced...

Cody Bellinger blasts three homers as Yankees blank Cubs
Cody Bellinger blasts three homers as Yankees blank Cubs

(Photo credit: Wendell Cruz-Imagn Images) Cody Bellinger hit three homers for the first time in his career and drove in six runs,...