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Business

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UBS faces $26B capital demand under Swiss post-crisis plan
Switzerland hits UBS with $26B capital rule after CS takeover

BERN, Switzerland: UBS faces a sweeping new capital requirement from the Swiss government, which this week proposed changes that could...

Inside the viral world of Walmart’s high-paid cake artists
Walmart's cake decorators now earn the highest hourly store pay

NEW YORK CITY, New York: At a Walmart Supercenter in New Jersey, buttercream borders and edible-ink cartoons aren't just about sweet...

U.S. stocks directionless, although Nasdaq Composite adds 61 points
Wall Street subdued as Dow Jones index dips 1 point

NEW YORK, New York - Wall Street delivered a split performance on Monday, with the Nasdaq Composite notching up gains while the Dow...

Kering eyes partial sale of Fifth Ave building to cut debt
Kering in talks to sell stake in $1 billion Fifth Avenue property

NEW YORK CITY, New York: Luxury group Kering is in exclusive discussions to sell a stake in its prime New York real estate asset on...

P&G announces 7,000 job cuts in two-year global restructuring
P&G to cut 7,000 jobs, streamline brands amid tariff pressures

CINCINNATI, Ohio: Facing global economic headwinds and mounting tariff pressures, Procter & Gamble announced plans this week to cut...

Tesla faces EV market pressure as May sales slide in Europe
Tesla sales fall again in Europe ahead of new Model Y rollout

AMSTERDAM, Netherlands: Tesla saw a sharp decline in sales across several major European markets in May, marking its fifth consecutive...

California

Section
More US teens turning to Wegovy as obesity rates climb
Wegovy use among US teens rises 50 percent amid obesity surge

LOS ANGELES, California: As obesity rates among American teenagers climb to historic levels, more families and doctors are cautiously...

Meta joins tech shift to nuclear power for AI and data centers
Meta taps nuclear power to fuel its growing AI infrastructure

MENLO PARK, California: As artificial intelligence demands explode, Big Tech is turning to an old source for new power: nuclear energy....

Job cuts part of Disney’s ongoing shift to streaming strategy
Disney to lay off hundreds across film, TV, and finance

BURBANK, California: Walt Disney is laying off several hundred employees across its film, television, and corporate finance departments,...

Shareholder deal forces Google to revamp compliance for $500M
Google to spend $500M on compliance in shareholder lawsuit

MOUNTAIN VIEW, California: To settle a major shareholder lawsuit, Google is writing a US$500 million check — not for damages, but to...

U.S.-CALIFORNIA-LOS ANGELES-POLICE-PROTESTERS
U.S.-CALIFORNIA-LOS ANGELES-POLICE-PROTESTERS

(250610) -- LOS ANGELES, June 10, 2025 (Xinhua) -- The California National Guard soldiers stand guard of a federal institution building...

Xinhua Headlines: Immigration raids spark police-protester face-off in Los Angeles
Xinhua Headlines: Immigration raids spark police-protester face-off in Los Angeles

* This isn't about public safety. It's about stroking a dangerous President's ego, California Governor Gavin Newsom said. * The Los...

Movie Review

Movie Review
Pet Sematary (1989) [Blu-Ray]