Citigroup is preparing for another round of job cuts expected to be announced in March, according to two sources familiar with the matter. The planned reductions would follow a recent tranche of roughly 1,000 layoffs in January 2026, the sources said. The people briefed on the plans said the next wave is likely to be disclosed after the bank completes…
Warner Bros. Discovery said Wednesday that it has again rejected a hostile takeover proposal from Paramount and is urging shareholders to back a rival agreement with Netflix to purchase Warner’s studio and streaming assets. Warner said its board views Paramount’s proposal as effectively a leveraged buyout, warning that the offer would rely on substantial debt and includes operating restrictions that…
Shares of major U.S. energy companies rose Monday after President Donald Trump said the United States plans to take control of Venezuela’s oil industry and rely on American companies to help restore production following the capture of President Nicolás Maduro. The market response lifted a broad range of oil-linked stocks, with investors focusing on whether policy could eventually open access…
The 2026 Consumer Electronics Show is set to begin January 6 in Las Vegas, drawing major technology companies, startups, and industry leaders from around the world to display cutting-edge innovations and emerging products. The annual event, produced by the Consumer Technology Association (CTA), transforms the Las Vegas Convention Center and surrounding venues into a showcase for advancements that technology firms…
Tesla said it delivered 1.64 million vehicles in 2025, a 9% decline from the prior year, and the drop was enough to end its run as the world’s best-selling maker of battery-electric vehicles. Chinese rival BYD reported 2.26 million electric-vehicle sales in the same period, moving ahead of Tesla in the global EV tally. The shift is notable given how…
Asian stocks were mostly lower on Tuesday, while U.S. stock futures were little changed, as investors headed into the last sessions of 2025 with activity constrained by year-end holidays. With two trading days left before the year closes for many markets, trading volumes have been muted, and relatively small flows have had an outsized impact on prices. Most major exchanges…
Silver and gold futures fell steeply on Monday after the Chicago Mercantile Exchange (CME) increased the amount of collateral traders must post to hold positions in several precious-metals contracts. In early trading, silver futures sank about 8%, while gold futures slid roughly 5%, reversing part of a powerful year-end rally that had pushed both metals to fresh highs. The move…
