Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce across different teams, geographies and levels of experience, a person familiar with the matter told CNBC. The announcement comes on the second day of Microsoft’s 2026 fiscal year.…
Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its profitability. Still, the brewer reiterated its forecast for fiscal 2026, showing confidence that it can hit its financial targets despite the weaker-than-expected quarterly performance and higher…
In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are eager to get to the Essence Festival of Culture to connect with their core customers. “Essence Fest is like my Black Friday,” said Rochelle Ivory, owner of beauty brand…
Three people who were part of the senior leadership team at the hospital where nurse and convicted child serial killer Lucy Letby worked have been arrested on suspicion of gross negligence manslaughter, British police said Tuesday. The three senior staff members, who have not been named by police, worked at…
As Israeli Prime Minister Benjamin Netanyahu prepares for his third visit to the White House this year, his host has made his expectations clear. US President Donald Trump, who has spoken often about his desire to secure a ceasefire in Gaza, said on Tuesday: “We’re looking for it to happen…
The debris arrives in the rockets’ wake: melted plastics, aluminum and pieces of blue adhesive. It all ends up stranded on the sands of Bagdad beach in northern Tamaulipas, Mexico, home to an endangered species of sea turtle. Just across the border lies Starbase, SpaceX’s launchpad and company town. Since…
Their reunion? It’s smooth like butter. The K-pop septet BTS will return in spring 2026 with a new album and world tour. Members Jin, RM, V, Jimin, J-Hope, Jung Kook and Suga made the announcement Tuesday during a livestream on Weverse, an online fan platform owned by BTS management company…
Australian airline Qantas says a data hack on Monday exposed the personal information of six million customers and it expects the amount stolen to be “significant.” The hack penetrated a third-party customer service platform used by a Qantas contact center, the airline said in a statement on Wednesday. Six million…
The Dalai Lama has announced that he will have a successor after his death, continuing a centuries-old tradition that has become a flashpoint in the struggle with China’s Communist Party over Tibet’s future. Tibetan Buddhism’s spiritual leader made the declaration on Wednesday in a video message to religious elders gathering…
North Korea is set to triple the number of its troops fighting for Russia along the front lines with Ukraine, sending an additional 25,000 to 30,000 soldiers to assist Moscow, according to an intelligence assessment from Ukrainian officials. The assessment also says there are signs that Russian military aircraft are…