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Business

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Audi to cut 7,500 jobs in Germany by 2029 in cost-cutting move
Audi to cut 7,500 jobs in administration, development by 2029

BERLIN, Germany: Audi has announced plans to cut up to 7,500 jobs in Germany by 2029 as part of a broader restructuring aimed at reducing...

FAA to propose new rules for expanding drone deliveries
US FAA to propose rule on allowing expanded drone use

SEATTLE/WASHINGTON D.C.: U.S. Transportation Secretary Sean Duffy said last week that the Federal Aviation Administration (FAA) is...

Wall Street rallies on Federal Resrve decision
U.S. stocks advance after Fed leaves interest rates unchanged

NEW YORK, New York - U.S. stocks rose Wednesday despite the U.S. Federal Reserve signalling a potential slowdown in the U.S. economy,...

Trump repeals $17.75 minimum wage rule for federal contractors
Trump nixes Biden-era minimum wage of $17.75 for federal contractors

WASHINGTON, D.C.: President Donald Trump has reversed a Biden-era executive order requiring businesses with federal contracts to pay...

UBS CEO Ermotti to earn $17 million in 2024, report says
UBS CEO Ermotti to get $17 million paycheck for 2024, Blick reports

FRANKFURT, Germany: UBS CEO Sergio Ermotti will receive a pay package of just over 15 million Swiss francs (US$17 million) for 2024,...

France calls for talks as EU bourbon tariffs backfire
French PM says EU tariff on American bourbon probably mistaken

PARIS, France: French Prime Minister Francois Bayrou acknowledged over the weekend that the European Union may have miscalculated by...

International

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Some states still under watch for wind and potential tornadoes
US death toll from extreme weather over the weekend rises to 36

NEW YORK CITY, New York: Severe storms and tornadoes continued to threaten parts of Pennsylvania, New York, and several Mid-Atlantic...

United Nations building in Gaza destroyed, 1 dead, 5 injured
UN staffer killed in Gaza, 5 others severely injured

As Israeli tanks rolled into Gaza on Wednesday heralding a new ground invasion, a UN building was destroyed in a bombing, killing one...

Massive job cuts at Johns Hopkins as US administration pulls funding
Johns Hopkins to cut 2,000+ jobs after Trump halts $800 million grant

WASHINGTON, D.C.: Johns Hopkins University announced this week that it will cut over 2,000 jobs in the U.S. and other countries. This...

US to revoke more student visas after Columbia arrest
Rubio says US to revoke more student visas in coming days

LA MALBAIE, Canada: The United States will likely revoke visas of more students in the coming days, U.S. Secretary of State Marco Rubio...

US cuts VOA funding, puts 1,300 staff on leave
VoA staff put on leave, Trump ally says agency 'not salvageable'

WASHINGTON, D.C.: The U.S. government has placed more than 1,300 Voice of America (VOA) employees on leave and slashed funding for...

Boeing under fire as US officials demand stricter oversight
US official: Boeing lost trust of Americans, needs strict oversight

WASHINGTON, D.C./SEATTLE: Boeing is facing mounting scrutiny after a series of safety lapses and manufacturing issues, with U.S. Transportation...

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