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A photograph shows a sign at the Congress Centre on the opening day of the World Economic Forum annual meeting in Davos, Switzerland, Jan. 16, 2023.Fabrice Coffrini | AFP | Getty ImagesGlobal power rivalries and strategic standoffs top the list of most severe near-term risks heading into 2026, according to the World Economic Forum’s Global Risks Report released Wednesday. Half of the business executives and other leaders surveyed said they expect turbulent times over the next two years, and only 1% said they expect calm, according to the report. The resulting picture is one of the world “sitting on a…
Antigua and Barbuda, located in the heart of the Caribbean Sea, delivered a media statement to U.S. travelers, travel advisors, airlines and industry partners assuring them that travel to these Caribbean islands continues to remain safe and unchanged.The location reports that there has been no change to entry and exit requirements for U.S. citizens or other international visitors traveling to the twin-islands of Antigua and Barbuda. Airports and seaports remain fully optional, and travels to and from the destination continue to be smooth and uninterrupted. Visit Antigua and Barbuda says that they remain safe and welcoming, offering visitors unforgettable experiences…
Meta is laying off 10% of staff in its Reality Labs division, which is core to developing the company’s VR and metaverse products, the New York Times reported. The publication noted that Reality Labs had roughly 15,000 employees, and the job cuts could impact over 1,000 people. Separately, CNBC reported that the company plans to shut down studios such as Armature Studio, Twisted Pixel, and Sanzaru, along with a technical unit called Oculus Studios Central Technology, which was working on VR titles. Business Insider reported that the company’s CTO and head of Reality Labs, Andrew Bosworth, called for the “most…
Shoppers walk outside the Saks Fifth Avenue flagship store in Manhattan in New York City, U.S., Jan. 6, 2026. Angelina Katsanis | ReutersSaks Global, the parent company behind the 159-year-old department store that’s become both a destination and a symbol for luxury fashion, filed for bankruptcy protection after running out of cash and failing to find investors willing to finance its business. Crucially, the retailer filed for Chapter 11, which will give it the chance to reorganize its business, clear through its debts and potentially find a buyer willing to take it on as a going concern. The company announced Wednesday that…
Nicholas Leonard and Derek Caneja wanted to build AI voice agents, but when they went to build the product, they felt many of these voice agents had design flaws. Some of these agents were being built with no-code tools, meaning shipping to production was fast, but the quality of the product was often low. Other agents were being made by companies that had the time and resources to spend months building specialized tools. “Developers and enterprises needed an alternative,” Leonard told TechCrunch, adding that he and Caneja also realized that the future of software would be “coded, validated, and optimized…
In recent years, a shortage of vehicles, rising prices, and high borrowing costs have made it challenging for some people to purchase a new or used vehicle. Thankfully, the automotive market is shifting in ways that could be beneficial if you’re planning to buy a vehicle in the next few months. The auto experts at Edmunds have identified five car shopping trends that you can expect to see in 2026 and have advice on how to take advantage of them to get the best deal. More holdout shoppers are returning, boosting used car selectionMany consumers delayed buying a new car…
Chief executive officer of Citigroup Jane Fraser visits FOX Business Network’s “Mornings With Maria” at Fox Business Network Studios on May 29, 2025 in New York City. John Lamparski | Getty ImagesCitigroup on Wednesday posted fourth quarter results that topped expectations as the lender set aside less money for troubled loans than analysts had expected. Here’s what the company reported:Adjusted earnings: $1.81 a share vs. $1.67 LSEG estimateAdjusted revenue: $21.0 billion vs. expected $20.72 billion The company said net income fell 13% from the year earlier period to $2.47 billion, or $1.19 per share, because of a $1.1 billion after…
Tripadvisor has announced its first Travelers’ Choice Awards category for 2026, revealing the Best of the Best Destinations based on millions of reviews and ratings from its global community of travelers.While plenty of familiar places sit atop the list, there’s been considerable movement this year. What’s more, Tripadvisor has zeroed in on the best destinations based on type of travel, uncovering the top places for solo travel, food, culture and even honeymoons in the year ahead. There are also a handful of trending destinations to watch for in 2026.Top Destinations for 2026WorldBali, IndonesiaLondon, United KingdomDubai, United Arab EmiratesHanoi, VietnamParis, FranceRome,…
BARCELONA, Spain (AP) — Spanish prosecutors are studying allegations that singer Julio Iglesias sexually assaulted two former employees at his residences in the Dominican Republic and the Bahamas.The Spanish prosecutors’ office told The Associated Press on Wednesday that the allegations were related to media reports from earlier this week that alleged Iglesias had sexually and physically assaulted two women who worked in his Caribbean residences between January and October 2021.Iglesias has yet to speak publicly regarding the allegations. Russell L. King, a Miami-based entertainment lawyer who lists Iglesias as a client on his website, did not immediately respond to a…
There are thousands of satellites orbiting the Earth, and an increasing number of them are able to capture all types of images in near real time. It used to be a somewhat cumbersome process to access those images. But Austin-based startup SkyFi has built a platform that acts as a sort of “Getty Images” for more than 50 geospatial imagery partners that has proven popular in the worlds of finance, defense, infrastructure, and insurance — to name a few. That popularity escalated as SkyFi began offering more analytics and insights to its customers through its website and mobile app, along…