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BUSINESS

UPS Cuts 34,000 Jobs With A Surge In Profits

Digital Desk -
United Parcel Service Inc just axed 34,000 jobs, in a dramatic turnaround smashing Wall Street’s third-quarter profit expectations for 2025. This boost has seen a...
BUSINESS

Coinbase Invests In CoinDCX In India

Digital Desk -
Coinbase announces investment in CoinDCX, expanding its presence in India and the Middle East, regions with over 100M crypto owners. The company announced a...
BUSINESS

M&S website back up for browsing after being taken down overnight

Digital Desk -
Marks & Spencer has reopened its website for customers to browse online after taking the site down overnight as part of efforts to recover...
BUSINESS

German government slashes economic growth forecast for this year to 0.3%

Digital Desk -
The German government has slashed its 2025 growth forecast for the country’s economy – Europe’s biggest – to just 0.3%, after it shrank for...
BUSINESS

Microsoft owes around $29 billion in back taxes, according to IRS

Digital Desk -
The Internal Revenue Service (IRS) has said Microsoft owes the US Treasury $28.9 billion (€26 billion) in back taxes, plus penalties and interest, the...
TRAVEL

Shares in Scandinavian Airlines plunge after rescue deal announced

Digital Desk -
Shares in Scandinavian Airlines dropped more than 90% after the ailing carrier announced new shareholders in a restructuring scheme that will see the company...
BUSINESS

Amazon investing up to €3.75bn in AI startup Anthropic

Digital Desk -
Amazon is investing up to $4 billion (€3.75 billion) in Anthropic and taking a minority stake in the artificial intelligence (AI) startup, the two...
BUSINESS

3M agrees to pay $6bn to settle earplug lawsuits from US service members

Digital Desk -
Chemical and consumer product manufacturer 3M has agreed to pay $6 billion (€5.5 billion) to settle numerous lawsuits from US service members who say...
BUSINESS

Charles Schwab plans job cuts and office downsizing amid efforts to reduce costs

Digital Desk -
Charles Schwab plans to cut jobs and close or downsize some corporate offices as part of company efforts to reduce operating costs, the financial...
BUSINESS

IBM selling The Weather Company assets to private equity firm Francisco Partners

Digital Desk -
IBM is selling assets of The Weather Company – including Weather.com and The Weather Channel mobile app — to private equity firm Francisco Partners. The...
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