Taiwan’s Eva Air apologized after a staffer texted the family of a 34-year-old flight attendant, surnamed Sun, requesting leave paperwork days after her death. Sun reportedly fell ill on a 24 September flight from Milan to Taoyuan, was hospitalized on arrival, and died on 8 October; the cause has not...
China’s Ministry of Commerce, via “Announcement No. 62 of 2025,” imposed sweeping new curbs on rare earth exports, requiring approval and declared end-use even for products with trace amounts. The move tightened Beijing’s grip on critical minerals and jolted a fragile US-China tariffs truce. President Donald Trump threatened 100% tariffs...
Internal "Amazon Confidential" memos warn AWS is facing a fundamental shift as startups delay adopting its cloud and spend early budgets on AI models, inference, and GPU services that are easier to switch. YC's 2024 cohort leaned heavily on OpenAI and Anthropic, while use of multiple AWS services slipped; even...
United Airlines CEO Scott Kirby warned the federal shutdown could weaken public confidence and hurt bookings if it drags on, though he said it hasn’t yet dented the carrier’s business. Delta’s Ed Bastian issued a similar caution, while noting operations remain unaffected. The shutdown, which began Oct. 1, has essential...
The Energy Department finalized a $1.6 billion loan guarantee for AEP Transmission to replace nearly 5,000 miles of power lines in Indiana, Michigan, Ohio, Oklahoma and West Virginia, boosting reliability and capacity for largely fossil fuel-run energy as data centers and AI drive demand. The first award under the Energy...
More than $120 trillion is set to change hands over the next 25 years, yet most heirs won’t stick with their benefactors’ wealth advisors, Cerulli Associates reports. Only 27% of future beneficiaries plan to keep the advisor, and among those who already inherited, just 20% did. Many switch because they...
Nestle will cut 16,000 jobs over two years as new CEO Philipp Navratil shifts the Swiss company toward products with “highest potential returns.” Announced alongside stronger nine‑month 2025 sales, the plan targets 12,000 white‑collar roles and aims to save about 1bn SFr annually. Shares rose 7.5% after the update. Navratil...
As U.S. health care premiums climb—up more than 24% since 2019 and poised to rise again—some employers are absorbing costs to shield workers as paycheck deductions are expected to jump 6%–7% next year. NPR reports the average family premium topped $25,500 last year, with employers paying about $19,200 and workers...
India’s goods exports to the US, its largest foreign market, plunged 20% in September and 37.5% over four months as Washington’s 50% tariffs took hold, including a 25% penalty tied to Delhi’s Russian oil purchases. GTRI said labour-intensive sectors—textiles, gems and jewellery, engineering goods and chemicals—were hardest hit. Shipments fell...
Ontario Premier Doug Ford called for economic retaliation against the U.S. after Stellantis decided to move planned Jeep Compass production from Brampton, Ontario, to Illinois as part of a $13 billion U.S. expansion. Blaming U.S. President Donald Trump, Ford urged tariffs if Prime Minister Mark Carney cannot secure a deal....
