Meta's aggressive AI investment push has triggered 8,000 layoffs, with 4,665 cuts concentrated in California and Washington state. Middle managers…
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Estée Lauder’s Billion-Dollar Merger With Puig Collapsed Under the Weight of Leaks, Family Feuds and a Price War
Estée Lauder's merger talks with Puig, the owner of Jean Paul Gaultier, collapsed over price disagreements, CEO Stéphane de La…
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10 State Attorneys General Race to Block Skydance-Paramount Deal Before July Deadline
Attorneys general from 10 states, including California, New York, Oregon, Nevada, Colorado, Connecticut, Massachusetts, Tennessee, and Pennsylvania, are reportedly exploring…
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Meta Cuts 8,000 Jobs and Doubles Down on AI With $145 Billion Bet
Meta CEO Mark Zuckerberg acknowledged feeling the "weight" of laying off approximately 8,000 employees — about 10 percent of the…
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Armenia Warns EU-Georgia Rift Threatens Its Own Path Toward Europe
Armenian Prime Minister Nikol Pashinyan has described Georgia as playing a "key role" in Armenia's relations with the European Union,…
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In-Depth: There’s a before and after to your life if you win the Nobel Prize, French economist Philippe Aghion informs…
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EU Member States Near Deal That Could Fast-Track Albania Toward Historic Accession Breakthrough
EU member states are nearing consensus on a draft Common Position regarding Albania's Interim Benchmark Assessment Report (IBAR), according to…
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Europe Can Break Free From US Military Dependence by 2035 But Fragmentation Is Burning Billions in Wasted Potential
The Kiel Institute for the World Economy reports that Europe could achieve military independence from the United States in most…
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Round-the-clock renewables: New report states clean energy now challenges fossil fuels on price
Published on 08/05/2026 – 8:01 GMT+2 Clean energy can provide reliable, around-the-clock electricity at prices that rival fossil fuels, as…
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Google tarreceiveed some layoffs at ‘disloyal’ workers, lawsuit states
A view of Google’s headquarters in Mountain View, Calif., on April 16, 2024. Tayfun Coskun/Anadolu via Getty Images A laid-off…
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