Washington — On Thursday the U.S. Treasury designated nine Lebanon-linked individuals, including parliamentarians and two sitting state security officials, under Executive Order 13224 for allegedly enabling Hezbollah's influence within Lebanese state institutions and obstructing disarmament. The move names former minister Mohammed Fneish and several senior parliamentarians and follows a Lebanese...
BOCA RATON, FL. Traffic authorities and FL511 logged multiple crashes, pockets of congestion and ongoing construction across Palm Beach County between May 20 and May 22, 2026, affecting Florida's Turnpike, Jog Road, US-441 and Southern Boulevard; time-stamped incidents included crashes reported at 3:44 PM and 3:57 PM on May 20...
NEW YORK — Intuit shares fell as much as 14% in extended trading after the financial software company announced a restructuring plan that will cut 17% of its workforce, or about 3,000 corporate jobs. The move, disclosed in an internal memo and discussed by Chief Executive Officer Sasan Goodarzi on...
Washington. In the year since President Donald Trump signed an executive order to develop a U.S. deep-sea mining industry, businesses have raised millions, stock prices climbed, and federal regulators accelerated a permitting process as at least nine companies entered talks for access to seabed minerals across areas from American Samoa...
Raleigh, North Carolina — On Thursday Advance Auto Parts reported first-quarter net income of $24 million, or $0.39 per share, with adjusted earnings of $0.77 and revenue of $2.61 billion, topping analyst estimates; the company issued full-year earnings guidance of $2.40 to $3.10 per share and revenue guidance of $8.49...
Washington: This week the White House signaled plans for an executive order proposing a voluntary framework to allow U.S. authorities to review advanced 'frontier' AI models before public release, potentially as early as Thursday; draft language referenced a 90-day review window while some industry participants advocated for roughly 14 days. President...
Washington, United States – Minutes from the US Federal Reserve’s April Federal Open Market Committee (FOMC) meeting show policymakers have put the option of further interest rate increases back under active consideration, reflecting concern that inflation is not easing sufficiently. The committee voted to hold the benchmark federal funds rate...
United States – U.S. mortgage rates have climbed again, adding pressure to households already struggling with housing costs. The average rate for a 30-year fixed mortgage has risen to 6.56%, the highest level in nearly two months, according to new data from the Mortgage Bankers Association. The increase, linked to...
United States-based Intuit, the financial software company behind TurboTax, QuickBooks and other popular accounting and tax-preparation tools, is cutting 3,000 jobs as part of a restructuring tied to its artificial intelligence initiatives. The company is reorganizing its workforce to emphasize AI development and automation across its product lines, reflecting a...
San Francisco: On May 20, Meta began laying off about 8,000 employees—approximately 10% of its workforce—and announced that roughly 7,000 staff would be reassigned into four newly created AI-focused organizations; LinkedIn also announced cuts affecting over 600 positions as part of broader industry restructuring tied to increased AI investment. Employees received...
