Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday. The cuts will not affect workers at the company’s cafes. In a message to corporate employees, Niccol said Starbucks is “simplifying our structure, removing layers and duplication and…
The Securities and Exchange Commission is dropping its investigation into Robinhood’s crypto arm, the company revealed Monday. Robinhood said it received a letter from the SEC’s enforcement division on Friday, detailing in a blog post that the agency has closed its investigation into the crypto business with no intention of moving forward with…
Apple on Monday reaffirmed a commitment to invest hundreds of billions of dollars in the U.S. over the coming years amid pressure from President Donald Trump and the growing threat of his tariffs The tech giant said it planned to spend $500 billion over the next five years in the…
The Israeli military is expanding its operations in the occupied West Bank and will remain in some refugee camps for the “coming year,” Defense Minister Israel Katz said Sunday. Israel has been carrying out “Operation Iron Wall” – a military campaign focused on the northern West Bank which launched last…
The long-delayed funeral for Hezbollah’s leader Hassan Nasrallah is taking place Sunday, nearly five months after he was killed in a massive Israeli airstrike on the southern suburbs of Beirut. Hezbollah has been left badly depleted by Israeli attacks and the mass event is intended as a show of strength…
Ukrainian President Volodymyr Zelensky said Sunday that he was “ready” to resign as leader if it meant peace in his country, suggesting he could swap it for NATO membership. Asked at a press conference if he was ready to quit if it ensures peace for Ukraine, Zelensky said: “If [it…
Pope Francis remains in critical condition, according to the Vatican, with blood tests showing mild signs of kidney failure “which is currently under control,” the Vatican said Sunday, as the 88-year-old pontiff battles pneumonia in both his lungs. It added that Francis, who was hospitalized over a week ago, has…
Germany’s center-right Christian Democratic Union (CDU) is set to return to power with the far-right Alternative for Germany as second-largest party, exit polls show, after snap elections dominated by concerns over immigration, the economy and the return of Donald Trump. The CDU’s party headquarters were filled with cheers and applause…
A British couple in their 70s who run education programs in Afghanistan have lost contact with their family after being detained by the Taliban early this month, their children say. The family urged the Taliban authorities to release Peter and Barbie Reynolds. Their four adult children said the couple have…
In a war dominated by the unexpected, few imagined Ukraine’s fourth year at war would so firmly question the security of all of Europe. The most basic tenets have crumbled in this war. Russia’s military superpower status has weakened, and the Kremlin’s inner circle overcame an uprising. Drones have altered…