Amazon cuts some jobs in its communications, sustainability units
A person walks by The Spheres at the Amazon.com Inc. headquarters on November 14, 2022 in Seattle, Washington. David Ryder | Getty Images News | Getty Images Amazon is laying off some employees in its communications and sustainability units, an…
Pentagon strips Gen Mark Milley of US security detail and clearance
Trump previously accused Gen Milley of treason for phone calls he held with his Chinese counterpart during the final weeks of his first Trump presidency, including in the wake of a riot at the US Capitol building by Trump’s supporters…
Fed holds rates steady, takes less confident view on inflation
The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy as it examines what is likely to be a bumpy political and economic landscape ahead. In a widely anticipated move, the central…
OpenAI says Chinese rivals using its work for their AI apps
OpenAI’s concerns have been echoed by the recently appointed White House “AI and crypto czar”, David Sacks. Speaking on Fox News, he suggested that DeepSeek may have used the models developed by OpenAI to get better, a process called knowledge…
Chubb’s Evan Greenberg says insurer just had the best year in its history
Chubb CEO Evan Greenberg Scott Mlyn | CNBC California is a tough market for insurers — and growing more so, according to Chubb CEO Evan Greenberg. The executive has long proclaimed that Chubb won’t write insurance where it can’t get…
‘You lie’ protester shouts at RFK Jr’s confirmation hearing
Robert F Kennedy Jr has been selected as Health Secretary for the US by Donald Trump. But before taking on the role he, like all of Trump’s cabinet picks, faces a confirmation hearing. One protester interrupted the hearing shouting “you…
Fed meets for first time since Trump’s term started. What to expect
US Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC, on December 18, 2024. Andrew Caballero-Reynolds | AFP | Getty Images The Federal Reserve gathers this week for the first…
Caroline Kennedy urges senators to vote against cousin RFK Jr
“He lacks any relevant government, financial, management, or medical experience,” Caroline Kennedy said. “His views on vaccines are dangerous and wilfully misinformed.” RFK Jr has long been a vaccine sceptic and has baselessly claimed there is a link between vaccines…
Trump administration offering buyouts to nearly all federal workers
A woman walks down the stairs in front of the U.S. Capitol building, ahead of the presidential inauguration of Donald Trump, in Washington on Jan. 15, 2025. Marko Djurica | Reuters The Trump administration is offering millions of federal workers…
Goma crisis: DR Congo’s President Félix Tshisekedi snubs peace talks in Nairobi
Since the beginning of the week, clashes between M23 rebels and the army and its allies left hospitals overwhelmed by casualties and bodies on the streets, according to the UN. Warehouses with food and medical supplies were also looted, aid…
