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Nestle to cut 16,000 jobs as part of cost savings initiative

Business

Nestle to cut 16,000 jobs as part of cost savings initiative

Nestle, the world’s largest packaged-food company, is trimming its workforce by 16,000 over the next two years as it seeks to "substantially" reduce costs under its new CEO Philipp Navratil.In the Thursday announcement, Navratil established a new goal to achieve cost savings of 3 billion Swiss francs by the end of 2027, which is higher than its previous target."As Nestle moves forward, we will be rigorous in our approach to […]

todayOctober 16, 2025 10

A secret fleet of ‘ghost ships’ moving Russia’s oil could soon enter Trump’s crosshairs

Business

A secret fleet of ‘ghost ships’ moving Russia’s oil could soon enter Trump’s crosshairs

Often unmarked and hidden from commercial tracking systems, a growing fleet of "ghost ships" is quietly delivering sanctioned Russian oil to ports in China and India — intensifying tensions with Washington as high-stakes trade negotiations unfold with both countries.President Donald Trump said Wednesday India has agreed to stop the practice of purchasing discounted Russian crude and re-exporting refined oil products on the global market, a tactic that props up Moscow’s […]

todayOctober 16, 2025 6

Bessent says government shutdown ‘starting to cut into muscle’ and economy may be losing billions per day

Business

Bessent says government shutdown ‘starting to cut into muscle’ and economy may be losing billions per day

Treasury Secretary Scott Bessent on Wednesday said the ongoing government shutdown could be costing the U.S. economy billions of dollars per day.Bessent said at a news conference the partial government shutdown is "starting to cut into muscle here" as the shutdown continues into its third week."We believe that this shutdown may start costing the U.S. economy up to $15 billion a day," Bessent said. The Treasury Department later clarified that he meant […]

todayOctober 16, 2025 5

Katy Perry romance puts Justin Trudeau back in a familiar place, the global spotlight

Entertainment

Katy Perry romance puts Justin Trudeau back in a familiar place, the global spotlight

Justin Trudeau has never been one to shy away from the spotlight. From his latest romance with pop powerhouse Katy Perry to his friendly ties to Hollywood stars and the global elite, Canada’s former prime minister's political star power seems to be more alive than ever. For the past few months, the politician has made waves as his budding relationship with Perry continues to heat up. Most recently, the couple — […]

todayOctober 16, 2025 4

Simple diet change may support gut healing for cancer survivors, researchers say

Health

Simple diet change may support gut healing for cancer survivors, researchers say

An amino acid found in everyday foods such as meat, cheese, nuts and beans could help the gut heal after cancer treatments, according to new research.In a study conducted on mice, scientists from the Massachusetts Institute of Technology (MIT) found that cysteine, a sulfur-containing amino acid, had the strongest rejuvenating effect on stem cells and early-stage intestinal cells, which are often damaged during radiation therapy for cancer.If future human studies […]

todayOctober 16, 2025 4

Virginia parents crush fundraising goal for trans locker room fight after judge ordered massive bond

Politics

Virginia parents crush fundraising goal for trans locker room fight after judge ordered massive bond

FIRST ON FOX: Parents from Northern Virginia late Wednesday night surpassed the massive $125,000 bond that a judge ordered them to pay to defend their sons, who were suspended and found responsible for sexual harassment after objecting to a transgender classmate using their male-only locker room, in court.The parents, who are suing the Loudoun County Public Schools district, raised over $125,000 ahead of the Friday deadline and even met the […]

todayOctober 15, 2025 10