Procter & Gamble will cut 7,000 jobs, or roughly 15% of its non-manufacturing workforce, as part of a two-year restructuring program. The layoffs by the consumer goods giant come as President Donald Trump’s tariffs have led a range of companies to hike prices to offset higher costs. The trade tensions…
LAS VEGAS. — Former Starbucks CEO Howard Schultz said Wednesday that he “did a cartwheel” in his living room when current chief executive Brian Niccol first coined his “back to Starbucks” strategy. The enthusiasm from the 71-year-old Starbucks chairman emeritus is a key stamp of approval for Niccol as he…
A rare, first-generation Labubu figure has sold for $150,000 in Beijing at an auction held exclusively for the toys that have taken the world by storm. The 131-centimeter (51-inch) mint green figurine with a gremlin-like appearance, sharp teeth and puckish grin went for 1.08 million yuan ($150,325) at the Yongle…
At least 49 people are confirmed dead after flooding hit South Africa, including children whose school bus was swept away during the extreme weather, officials said. An intense cold front has ripped across parts of South Africa, bringing rain and snow and triggering floods. In the Eastern Cape, one of…
US President Donald Trump told Israeli Prime Minister Benjamin Netanyahu to end the war in Gaza and stop talk of an attack on Iran, according to a source familiar with the conversation. The two leaders spoke on the phone on Monday. Trump later said the call went “very well, very…
The bodies of two deceased hostages were recovered from southern Gaza in a military operation, the Israel Defense Forces (IDF) and Shin Bet security agency announced Wednesday evening. Yair Yaakov was killed during by Islamic Jihad militants during the Hamas-led terror attack on October 7, 2023. Yaakov, who was 59…
Multiple aid workers were killed after a bus was attacked in Gaza on Wednesday night, according to a US-backed humanitarian aid organization which accused Hamas of carrying out the assault. Hamas has yet to respond to the allegations. The Gaza Humanitarian Foundation (GHF), a controversial US and Israeli-backed aid initiative,…
US President Donald Trump’s administration has launched a formal review of former President Joe Biden’s AUKUS defense pact with Australia and Britain to allow Australia to acquire nuclear-powered submarines, a US defense official said. Australia, which sees the submarines as critical to its own defense as tensions grow over China’s…
A passenger plane crashed at an airport in India’s western city of Ahmedabad, Indian media reported Thursday. Images from the scene showed thick black smoke rising up into the sky. It was not immediately clear how many people were on board or the number of casualties. This is a developing…
Unlock the power of divergence analysis! Join Dave as he breaks down what a bearish momentum divergence is and why it matters. Throughout this video, Dave illustrates how to confirm (or invalidate) the signal on the S&P500, Nasdaq100, equal‑weighted indexes, semiconductors, and even defensive names like AT&T (T). This video…