Author: Press Room

Omar Marques | SOPA Images | Lightrocket | Getty ImagesSnap’s shares jumped about 7% on Wednesday after the company announced plans to slash up to 16% of its global workforce, citing AI-driven efficiencies. CEO Evan Spiegel said in a letter to staff that the reduction would affect around 1,000 members of staff and that at least 300 open positions would be closed. .Snap, the parent company of popular messaging platform Snapchat, is planning to reallocate resources to its highest priority initiatives, including increasing its net-income profitability. “Last fall, I described Snap as facing a crucible moment, requiring a new way…

United Airlines CEO Scott Kirby, joined by U.S. Vice President JD Vance and Transportation Secretary Sean Duffy, speaks to reporters outside the White House on Oct. 30, 2025 in Washington, D.C.Kevin Dietsch | Getty Images News | Getty ImagesUnited Airlines CEO Scott Kirby raised the idea for an airline merger with the Trump administration this year, according to people familiar with the matter, though he has been considering a potential airline deal since last fall.On Monday, Bloomberg News reported that Kirby floated the idea of a tie-up with American Airlines to the White House in February. Some airline analysts and…

Economists warn life is going to get much tougher for Australians before there’s any improvement, as Jim Chalmers concedes the budget he’ll hand down in less than a month isn’t the one he wanted before the war in the Middle East began.The Treasurer and Energy Minister Chris Bowen left the door open to extending the three-month halving of the fuel excise.But the Government is also weighing up warnings from the International Monetary Fund that there’s a high risk of a global recession and that untargeted cost-of-living support could worsen this by pushing up inflation just when households can least afford…

SINGAPORE: Countries must work together to strengthen energy resilience as disruptions from the Middle East conflict and the closure of the Strait of Hormuz threaten supply chains, Singapore Prime Minister Lawrence Wong said on Wednesday (Apr 15).Speaking at the Asia Zero Emission Community (AZEC) Plus online summit, chaired by Japan, Mr Wong noted that Asia is “particularly exposed” to energy shocks due to its heavy reliance on imported energy.Singapore will do its part to strengthen resilience, he said.”As a trading nation, we will facilitate the continued flow of essential goods through Singapore, by keeping our ports and trading links open,…

With the global attention fixated on the diplomatic efforts to end the war on Iran, Israel has systematically escalated its attacks on Gaza and choked off vital aid, plunging the besieged enclave into what economic experts are now calling an “engineered, compounded famine”.The number of aid trucks entering Gaza has dropped drastically in violation of the October 2025 ceasefire with Hamas. Since then, the Government Media Office in Gaza has recorded 2,400 military violations by Israeli forces, resulting in the killing of more than 700 Palestinians.Recommended Stories list of 4 itemsend of listOn Tuesday, Israel’s military killed at least 11…

U.S. hosts Israel and Lebanon for first talks in over 30 years – CBS News Watch CBS News As talks between Israel and Lebanon took place Tuesday, President Trump suggested that face-to-face talks between the U.S. and Iran could resume within days. Weijia Jiang reports.

NEWYou can now listen to Fox News articles! A family’s spring break adventure in Utah’s rugged backcountry turned into a life-or-death rescue after a parent plunged roughly 70 feet off a cliff, leaving first responders scrambling to reach the critically injured victim in treacherous terrain.The accident happened Friday in the Pritchett Canyon area of Moab after a family of four parked their off-road vehicles and set out on a hike to view nearby rock arches, the Grand County Sheriff’s Search and Rescue said.The family split up during the hike when one parent and child began walking faster than the other…

Finland’s President Alexander Stubb is in Ottawa this week. On Tuesday he made stops at Rideau Hall and a hockey rink before his first official meeting with Prime Minister Mark Carney. On Wednesday he is holding public conversations on defence, Arctic security and industrial partnerships, including one with Industry Minister Mélanie Joly.At the meeting in the Prime Minister’s Office, Stubb said he and Carney share values and interests and that in many ways he considers Canada an honorary member of the European Union and the Nordic nations.Here are five things Canada and Finland have in common:Both countries are Arctic nations. Nearly one-third of Finland’s land mass…

NEWYou can now listen to Fox News articles! Queen Elizabeth II’s fiercest protector, who earned the nickname “AK-47,” would “take a bullet” for the monarch, royal experts claimed. This devotion later put her on a collision course with Meghan Markle during the infamous “Tiaragate.””Angela Kelly was the real deal, a friend who would take a bullet for the queen,” British broadcaster and photographer Helena Chard told Fox News Digital. “And it’s telling. Palace insiders called her ‘AK-47’ after the assault rifle because ‘people felt threatened by her.’ She was influential enough to ‘take people out’ of Buckingham Palace.”It’s been said…

Defence spending will increase by more than $53bn over the next decade in the “biggest peacetime increase”, minister Richard Marles has revealed.