A new Time magazine cover illustrates Elon Musk's significant influence over the U.S. government, depicting him in the Oval Office and detailing his efforts to overhaul federal agencies with President Trump's support.
Domino's Pizza Japan, under its Australian parent company, announces the closure of 172 stores, about 20% of its outlets in Japan, by year-end due to the ongoing impact of the COVID-19 pandemic. The move aims to streamline operations and focus on more profitable locations amidst stagnant demand.
Elon Musk's increasing role in reshaping U.S. federal agencies under the Trump administration has drawn national attention. Appointed to lead the Department of Government Efficiency, Musk's aggressive strategies have led to significant changes and controversies within several key agencies, raising questions about the concentration of power in the hands of an unelected billionaire.
Marko Elez, a staffer at Elon Musk's Department of Government Efficiency, resigned after his racist and extremist social media posts were uncovered. His role at the U.S. Treasury Department and the influence of Musk's DOGE in the federal government raise significant ethical concerns.
Amazon announced a 10% increase in net sales to $187.8 billion for Q4 2024, with AWS revenue growing by 19%. Despite a cautious revenue forecast for Q1 2025, the company plans to increase capital expenditures to $100 billion, focusing on AWS and AI initiatives.
Amazon reported better-than-expected Q4 2024 earnings and revenue, but its stock fell due to disappointing guidance for Q1 2025. Despite strong performance in AWS and AI investments, foreign exchange headwinds and slower growth projections have raised concerns.
Amazon announced a 10% increase in Q4 2024 revenue to $187.8 billion, driven by holiday sales and cloud computing growth. Despite a strong performance, concerns arise from a disappointing Q1 2025 revenue forecast and significant investments in AI and cloud infrastructure.
The White House has announced the cancellation of over $8 million in taxpayer funds to Politico, primarily from USAID subscriptions, as part of a broader effort to scrutinize federal spending. This decision has sparked debates on government spending on media subscriptions and its implications for press freedom.
The U.S. Postal Service has reversed its decision to suspend inbound packages from China and Hong Kong, following concerns over potential disruptions to e-commerce platforms reliant on low-cost shipping from China. The initial suspension was in response to new tariffs on Chinese goods and the closure of a trade loophole.
Andrew Parsons, the UK boss of Ticketmaster, defended the company's pricing practices during a parliamentary hearing, stating tickets are 'very fairly priced' and determined by event organizers. This follows criticism over the 'dynamic pricing' system used in the Oasis reunion tour ticket sales, with the CMA investigating potential breaches of consumer protection laws.