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…
When New York City introduced the MetroCard in 1994, the swipeable plastic card replaced subway tokens and became a staple of daily commuting. More than three decades later, the card and its magnetic strip are being phased out as the transit system completes a shift to OMNY, the contactless fare platform introduced in 2019. The Metropolitan Transportation Authority (MTA) says…
U.S. regulators have approved a once-daily tablet form of Wegovy, making it the first oral medication cleared in the United States specifically to treat obesity. The decision from the U.S. Food and Drug Administration gives Novo Nordisk a head start over Eli Lilly and Co., whose obesity pill candidate orforglipron is still under FDA review. Clinicians say an oral option…
Beauty inspiration is increasingly coming from screens, not salespeople. Quinn Kelsey, a 38-year-old shopper in Denver, said she watches TikTok for ideas, then uses an AI chatbot to filter options by budget and preview shades before she buys, often through Amazon. “I use ChatGPT as my personal beauty consultant,” she said, arguing that department stores rarely match the at-home research…
Sony Group Corp. has agreed to purchase additional rights to the iconic Peanuts comic strip franchise in a move that significantly expands its control over the beloved characters created by Charles M. Schulz. The Japanese conglomerate announced a definitive agreement to acquire a 41 percent stake in Peanuts Holdings LLC from Canadian entertainment company WildBrain Ltd. for $457 million USD,…
France’s state-owned utility EDF said it will cap the cost of building six new nuclear reactors at 72.8 billion euros, a sharp rise from the 51.7 billion euros referenced when the plan was announced in 2022. The ceiling is stated in 2020 values, and EDF said it intends to improve both cost discipline and construction speed as the project moves…
U.S. employers added 64,000 jobs in November, after payrolls fell by 105,000 in October, the government reported in releases that arrived late because a 43-day federal government shutdown delayed key labor-market data. The unemployment rate rose to 4.6%, the highest since 2021, up from 4.4% in September; no October unemployment rate was published because the shutdown disrupted the household survey…
