Amazon is preparing for its biggest round of corporate job cuts since 2022, with plans to eliminate up to 30,000 positions starting Tuesday. The move affects nearly 10% of its corporate workforce and follows years of smaller layoffs across divisions such as devices, HR, and operations. Sources suggest that the job cuts will impact multiple departments, including Amazon Web Services (AWS), human resources (PXT), and corporate operations. Managers have reportedly undergone training on how to co

Washington, D.C. — City transportation officials are urging caution as pressure mounts to approve autonomous food delivery robots on District sidewalks. Despite growing interest from technology firms eager to deploy their devices across Washington, the D.C. Department of Transportation (DDOT) says it will not rush to authorize the new technology without first addressing safety, accessibility, and regulatory concerns. At a Wednesday hearing before the D.C. Council’s Committee on

COLUMBUS, Ohio – Amazon’s ongoing data center construction in Hilliard is now facing new scrutiny after the company proposed adding a large fuel cell facility to help power the site. While the project aims to expand energy efficiency and sustainability, residents living near the site have voiced growing concerns about potential safety risks and environmental impacts. The plan has sparked debate among city officials and community members about the speed of approval and the lack of local re

In a massive boost to India’s digital infrastructure, Google has announced a $10 billion investment to establish a giga-scale AI and data centre hub in Visakhapatnam, Andhra Pradesh. This is part of a larger $15 billion plan over the next five years, marking the largest Google AI hub outside the United States, as confirmed by Google Cloud Global CEO Thomas Kurian. Kurian described the project as not just a technological investment but a transformational one. The facility will

City Hall & Police Department Mobile Generator Interconnection Project (Bid No. 22-29) Scope of work: installation of electrical manual transfer switches, distribution panel, generator tap box, tren

Mukesh Ambani has once again secured the top spot on the Hurun India Rich List 2025, reaffirming his position as the wealthiest Indian with a net worth of Rs 9.55 lakh crore. The report, released as the 14th edition of the M3M Hurun India Rich List, also saw Bollywood megastar Shah Rukh Khan make history by entering the billionaire club for the first time with a personal fortune of Rs 12,490 crore. This milestone marks a rare crossover of fame and fortune, cem

The Union Cabinet has approved a 3% hike in Dearness Allowance (DA) for central government employees and pensioners, with the revised rate taking effect from July 1, 2025. This move, announced after the Cabinet meeting on Wednesday, is expected to benefit nearly one crore individuals, including both serving employees and retired staff. Dearness Allowance is a cost-of-living adjustment paid by the government to offset

Elon Musk’s business empire is facing a wave of senior-level departures across Tesla, X and xAI as his relentless management style, shifting strategies and personal rivalries continue to drive churn at the top. Over the past year, several of the billionaire’s closest lieutenants and senior executives have chosen to walk away, leaving behind questions about the stability of leadership inside some of the world’s most closely watched companies. Tesla, once considered the most sta

Gold has once again captured global attention by hitting a historic record high of $3,842 per ounce in international markets, with 22KT gold trading at Rs 11,410 per gram in India. This surge marks its strongest monthly rise in nearly 14 years, gaining 11.4% in September alone. The rally reflects a mix of political, economic, and investor-driven factors that have converged to push the precious metal into uncharted territory.

Sridhar Vembu, founder and former CEO of Zoho Corporation, has responded to growing speculation regarding the origins of Zoho products, the location of data hosting, and the company’s pricing strategy. Addressing the concerns on social media, he stated that there has been “a lot of false information we want to correct,” highlighting that Zoho is proudly built in India and serves customers worldwide.

The Reserve Bank of India has rolled out a new framework aimed at simplifying and expediting the process of claim settlement for deceased account holders. This step comes after years of confusion caused by different practices adopted by banks, often leaving grieving families struggling with lengthy procedures and paperwork. The new rules mandate that banks must settle claims related to accounts and lockers of deceased customers within 15 days. In addition, nom

Central Ohio has welcomed a new addition to its dining scene with the arrival of Hummus Republic, a fast casual Mediterranean chain known for its fresh falafel, signature hummus, and highly customizable menu. The restaurant officially opened its first central Ohio location in Delaware, located at 1710 Columbus Pike, after hosting a successful grand opening in August. The launch marks another step in the expansion of the California-based chain, which has been steadily growing across the United

Millions of Amazon customers are set to receive refunds after the company agreed to a $2.5 billion settlement over its Prime membership practices. The settlement includes $1.5 billion in consumer refunds and a $1 billion civil penalty, making it one of the largest of its kind. At the center of the dispute were claims that Amazon misled customers into signing up for Prime memberships and created barriers that made cancellations unnecessarily complicated. The case was tied to the Re

Starbucks has announced a sweeping restructuring plan that includes the closure of select stores across North America and the elimination of approximately 900 corporate and non-retail jobs. The move marks one of the most significant strategic shifts for the Seattle-based coffee company in recent years as it attempts to stabilize financial performance and reignite growth momentum. In a letter to employees, CEO Brian Niccol emphasized that while store openings and closings are routi

Larry Ellison, the co-founder of Oracle and the world’s second-richest man after Elon Musk, has pledged to donate 95% of his estimated $373 billion fortune. His vast wealth comes primarily from his 41% stake in Oracle and significant investments in Tesla, both of which surged in value due to the AI boom. Ellison first made this pledge in 2010 through the Giving Pledge, a global philanthropic commitment by billionaires to give away most of their fortunes.

Gold, the most closely watched safe-haven asset, slipped from its record peak this week, sparking fresh debate among investors and traders. The decline in 22-carat and 24-carat gold prices has been tied to three key factors: the strengthening US dollar, cautious Federal Reserve signals, and anticipation around upcoming economic data. Despite the retreat, gold remains under the spotlight as global uncertainty keeps demand resilient.

The clock is ticking for taxpayers who are required to file their income tax audit reports for the financial year 2024–25. The deadline has been set for September 30, 2025, and unlike in some past years, the Income Tax Department has not announced any extension. For companies, proprietorships, and firms whose accounts must be audited, filing the audit report on time is not just a compliance requirement—it is essential to avoid hefty penalties unde

The Government of India has rolled out a historic reform in the Goods and Services Tax (GST) system by eliminating the 12% and 28% slabs and restructuring the tax categories. The changes, which took effect today, bring relief to households as 99% of daily-use products will now fall under lower tax rates. However, in order to balance revenue and discourage harmful or luxury consumption, the government has introduced a new 40% GST slab for specific goods.

In a significant development within the corporate world, Jerry Greenfield, co-founder of the iconic ice cream brand Ben & Jerry’s, has announced his resignation after 47 years of involvement with the company. This decision comes amid escalating tensions between Ben & Jerry’s and its parent company, Unilever, over issues related to the brand’s social mission and autonomy. Greenfield's departure is rooted in a deepening conflict with Unilever, which acq

The government extended the Income Tax Return (ITR) filing deadline for Assessment Year 2025–26 by one day, from September 15 to September 16, 2025. However, many taxpayers still missed this revised cut-off. If you are among them, there is no need to panic, as the Income Tax Department allows belated returns to be filed until December 31, 2025. A belated return refers to an ITR filed after the due date. Accord