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AI, Tariffs, and Cost-Cutting: Why White-Collar Layoffs Are Surging Across Corporate America

AI, Tariffs, and Cost-Cutting: Why White-Collar Layoffs Are Surging Across Corporate America

White-collar job cuts are rapidly increasing across the U.S. economy. Major companies are now reducing thousands of corporate and office roles. This marks a new, challenging phase in the labor market. Three key factors drive these large-scale layoffs. First, companies are prioritizing Artificial Intelligence (AI) investment. Firms like Amazon and Meta are restructuring to become…

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'Catastrophic' Crash: UPS Plane Erupts in Fiery Louisville Disaster; 7 Confirmed Dead

‘Catastrophic’ Crash: UPS Plane Erupts in Fiery Louisville Disaster; 7 Confirmed Dead

A UPS cargo plane crashed violently in Louisville, Kentucky. It happened Tuesday evening shortly after takeoff. The McDonnell Douglas MD-11 flight was heading toward Honolulu. The crash occurred in an industrial zone next to the airport. This catastrophic incident caused at least seven deaths. Authorities also confirmed eleven injuries. Four of the people who died…

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The Golden Arches Shine: McDonald’s Beats Q3 Targets as Customers Hunt Value

The Golden Arches Shine: McDonald’s Beats Q3 Targets as Customers Hunt Value

McDonald’s reported solid financial results for the third quarter of 2025. The company’s earnings surpassed Wall Street’s predictions. Analysts had expected earnings per share (EPS) of $3.33. Revenues were projected to hit $7.09 billion. The final numbers exceeded these consensus estimates. However, the report highlighted one clear challenge. The total number of customer visits fell…

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Google Settles Antitrust Case with Epic Games, Agrees to Major Android App Store Reforms

Google Settles Antitrust Case with Epic Games, Agrees to Major Android App Store Reforms

Google and Epic Games reached a major U.S. court settlement. This agreement resolves Epic’s 2020 antitrust lawsuit against Google. The original suit claimed Google illegally monopolized app access on Android devices. A jury found Google guilty of anti-competitive practices in 2023. The settlement requires significant changes to the Google Play Store. Google will now allow…

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FDA okays Amgen/AstraZeneca’s Tezspire for teen and adult sinus-polyp disease.

Amgen Soars: Q3 Profit Beats Forecasts, Key Weight-Loss Drug Data Set for Year-End Release

Amgen delivered strong financial results, beating Wall Street expectations for the third quarter. Product sales increased by 12% year-over-year. The biotech company’s revenue reached $9.56 billion. Adjusted earnings per share hit $5.64. Analysts had predicted lower figures for both. The company raised its full-year financial outlook. This optimism comes despite higher costs for developing its…

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