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Business

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Southwest Airlines cuts 1,750 corporate jobs in first-ever layoffs
Southwest Airlines slashes 15% corporate workforce, first in 15 years

DALLAS, Texas: Southwest Airlines is laying off 1,750 employees, or 15 percent of its corporate staff, in the company's first significant...

Australian central bank cuts interest rates for first time since 2020
Australian central bank cuts first benchmark interest rate since 2020

MELBOURNE, Australia: Australia's central bank has cut its benchmark interest rate for the first time in more than three years, signaling...

Brazil joins OPEC+ ahead of key UN climate summit
Brazil to join OPEC+, group of major oil-exporting nations

BRASILIA, Brazil: Brazil has officially approved joining OPEC+, aligning itself with the world's major oil-exporting nations just months...

U.S. stock markets in sharp retreat Thursday
Wall Street tumbles Thursday, Dow Jones dives 451 points

NEW YORK, New York - U.S. stocks fell sharply Thursday as profit-takers moved in to take the cream off the substantial gains that have...

China’s Xi Jinping reassures private sector on policy stability
China's Xi assures businesses, including Jack Ma, of country's stability

BANGKOK, Thailand: China's President Xi Jinping met with private sector leaders this week and assured them that the government's policies...

Microsoft makes $700m investment in Poland’s cybersecurity
Microsoft to invest $700 million to boost Poland's cybersecurity

WARSAW, Poland: Microsoft has announced a major new investment of $700 million in Poland to strengthen the country's cybersecurity...

Phoenix

Section
US State Department alters website wording on Taiwan independence
US drops website wording on not supporting Taiwan independence

TAIPEI, Taiwan: The U.S. State Department has revised its official website's fact sheet on Taiwan, removing a previous statement that...

Tesla Cybertruck crash raises concerns over self-driving reliability
Cybertruck crash raises alarm about Tesla's self-driving software

RENO, Nevada: A Tesla Cybertruck crashed in Reno, Nevada, while using the Full Self-Driving (FSD) feature. The truck failed to merge...

After 'statement' win, BYU takes aim at No. 19 Arizona
After 'statement' win, BYU takes aim at No. 19 Arizona

(Photo credit: Katie Stratman-Imagn Images) Arizona coach Tommy Lloyd gave his slumping team a couple of days off this week, hoping...

No. 23 Kansas looking to find form vs. Oklahoma State
No. 23 Kansas looking to find form vs. Oklahoma State

(Photo credit: Christopher Creveling-Imagn Images) No. 23 Kansas is in jeopardy of seeing its 80-week streak of being ranked in the...

No. 9 Texas Tech stumbles into matchup with West Virginia
No. 9 Texas Tech stumbles into matchup with West Virginia

(Photo credit: William Purnell-Imagn Images) Texas Tech will look to make an energized return to the court when it faces West Virginia...

Spurs, without Victor Wembanyama, hope to stop Pistons
Spurs, without Victor Wembanyama, hope to stop Pistons

(Photo credit: Reggie Hildred-Imagn Images) The San Antonio Spurs will continue to adapt to the absence of star center Victor Wembanyama...