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Business

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IBM to lay off staff in Q4 amid software, cloud strategy pivot
IBM to lay off staff in Q4 amid software, cloud strategy pivot

ARMONK, New York: IBM said this week it will lay off employees in the fourth quarter as part of a restructuring tied to its shift toward...

Brussels, Beijing agree on rare earth trade stability
Brussels, Beijing agree on rare earth trade stability

BRUSSELS, Belgium: The European Union has reached an understanding with China to stabilize the supply of rare earth materials and related...

Dow Jones dives 397 points as tech stocks take a tumble
Dow Jones dives 397 points as tech stocks take a tumble

NEW YORK, New York - Artificial Intelligence stocks were sold off again Thursday,  resulting in all the key U.S. indices closing sharply...

Musk’s $1 trillion Tesla deal faces pushback from Norway’s wealth fund
Musk’s $1 trillion Tesla deal faces pushback from Norway’s wealth fund

OSLO/BOSTON: Global investors are divided ahead of a crucial shareholder vote on Elon Musk's proposed US$1 trillion Tesla pay package,...

Mamdani’s NYC victory rattles Wall Street, sparks tax worries
Mamdani’s NYC victory rattles Wall Street, sparks tax worries

NEW YORK CITY, New York: Wall Street reacted with unease as Zohran Mamdani, a self-described democratic socialist, was elected mayor...

Starbucks cedes China majority stake to Boyu to fuel expansion
Starbucks cedes China majority stake to Boyu to fuel expansion

SEATTLE, Washington: Starbucks is handing majority control of its China business to private equity firm Boyu Capital in a deal that...

California

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Economic worries dominated ballots, AP survey finds
Economic worries dominated ballots, AP survey finds

WASHINGTON, D.C.: Preliminary results from the AP Voter Poll show that economic concerns were front and center for voters casting ballots...

Air travel chaos grows in US as shutdown starves controllers of pay
Air travel chaos grows in US as shutdown starves controllers of pay

WASHINGTON, D.C.: Flight delays stretched across the U.S. as the government shutdown entered its second month, deepening air traffic...

Disney, YouTube TV clash leaves ESPN, ABC off the air
Disney, YouTube TV clash leaves ESPN, ABC off the air

BURBANK, California: Millions of U.S. viewers lost access to Disney's TV networks after talks between Disney and Google's YouTube TV...

Millie Bobby Brown, David Harbour share a warm hug; pose for pictures amid reports of "bullying and harassment"
Millie Bobby Brown, David Harbour share a warm hug; pose for pictures amid reports of "bullying and harassment"

Los Angeles [US], November 7 (ANI): Amid reports of a possible rift between Millie Bobby Brown and David Harbour, the entire cast of...

NHL roundup: High-flying Ducks win fifth straight
NHL roundup: High-flying Ducks win fifth straight

(Photo credit: Jerome Miron-Imagn Images) Chris Kreider scored two goals and the visiting Anaheim Ducks beat the Dallas Stars 7-5...

Birthday boy Sam Reinhart nets winner in Panthers win over Kings
Birthday boy Sam Reinhart nets winner in Panthers win over Kings

(Photo credit: Jayne Kamin-Oncea-Imagn Images) Sam Reinhart celebrated his 30th birthday by scoring the game-winning goal and Brad...