Governments and traders spent Monday assessing the energy fallout from the expanding war involving Iran, as disruption around the Strait of Hormuz renewed fears over one of the world’s most important oil corridors. Since the conflict began on Feb. 28, tanker traffic through the strait has largely stalled, raising concern that a prolonged interruption could restrict supply well beyond the…
A fast-moving immigration enforcement surge in Minnesota has become a national flashpoint for the Trump administration, after two fatal encounters involving federal immigration officers intensified protests and sharpened scrutiny of tactics used during operations in and around Minneapolis. The latest case involved Alex Pretti, 37, a U.S. citizen and Veterans Affairs nurse, who was fatally shot during a confrontation with…
Amazon, the U.S.-based e‑commerce and cloud computing leader, has announced a fresh round of workforce cuts that will eliminate approximately 16,000 corporate jobs worldwide. The company confirmed the decision in a message to employees on January 28, 2026, marking the second major layoff cycle within three months. These latest cuts come after a previous round in October 2025, when about…
Boeing reported a sharp fourth-quarter rebound as commercial airplane deliveries accelerated, helping lift revenue and earnings after several years of disruptions. Revenue for the three months ended Dec. 31, 2025, rose to $23.95 billion, up from $15.24 billion a year earlier and ahead of the $22.6 billion expected by analysts surveyed by FactSet. The company said it delivered 160 commercial…
European regulators have opened a formal investigation into X, the social media platform owned by Elon Musk, after its chatbot Grok was linked to the spread of nonconsensual, sexually explicit deepfake images. The European Commission said it is assessing whether X complied with its obligations under the Digital Services Act (DSA) to identify and reduce systemic risks associated with illegal…
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…
U.S. regulators are considering whether Zyn, a fast-growing nicotine pouch brand owned by Philip Morris International, can be promoted with messaging that presents it as less harmful than cigarettes for adults who already smoke. The Food and Drug Administration (FDA) scheduled a public, all-day meeting for Thursday, January 22, 2026, during which an independent panel of public health experts is…
