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Business

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UBS faces $26B capital demand under Swiss post-crisis plan
Switzerland hits UBS with $26B capital rule after CS takeover

BERN, Switzerland: UBS faces a sweeping new capital requirement from the Swiss government, which this week proposed changes that could...

Inside the viral world of Walmart’s high-paid cake artists
Walmart's cake decorators now earn the highest hourly store pay

NEW YORK CITY, New York: At a Walmart Supercenter in New Jersey, buttercream borders and edible-ink cartoons aren't just about sweet...

U.S. stocks directionless, although Nasdaq Composite adds 61 points
Wall Street subdued as Dow Jones index dips 1 point

NEW YORK, New York - Wall Street delivered a split performance on Monday, with the Nasdaq Composite notching up gains while the Dow...

Kering eyes partial sale of Fifth Ave building to cut debt
Kering in talks to sell stake in $1 billion Fifth Avenue property

NEW YORK CITY, New York: Luxury group Kering is in exclusive discussions to sell a stake in its prime New York real estate asset on...

P&G announces 7,000 job cuts in two-year global restructuring
P&G to cut 7,000 jobs, streamline brands amid tariff pressures

CINCINNATI, Ohio: Facing global economic headwinds and mounting tariff pressures, Procter & Gamble announced plans this week to cut...

Tesla faces EV market pressure as May sales slide in Europe
Tesla sales fall again in Europe ahead of new Model Y rollout

AMSTERDAM, Netherlands: Tesla saw a sharp decline in sales across several major European markets in May, marking its fifth consecutive...

Canada

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Australian PM rejects US pressure to ease biosecurity rules
Australia stands firm on biosecurity in trade talks with US

SYDNEY, Australia: Australia will not ease its strict biosecurity rules during trade talks with the United States, Prime Minister Anthony...

WWII heroes visit Normandy, say freedom still worth fighting for
D-day veterans return to Normandy 81 years later to honor freedom

OMAHA BEACH, France: Eighty-one years after the D-Day landings, a small group of World War II veterans has returned to the beaches...

Summer travel slows as Americans hunt for last-minute bargains
Cautious Americans delay summer travel, await better deals

WASHINGTON, D.C. Forget bucket lists; this summer, it's all about budget lists. Amid economic uncertainty and a weaker dollar, Americans...

Over 25,000 flee as smoke from fires worsens air quality in Canada, US
Wildfires force 25,000 to flee homes in Canada; US sends help

FLIN FLON, Manitoba: More than 25,000 people in three Canadian provinces have been forced to leave their homes because of wildfires,...

F1 replaces Imola with Madrid on 2026 calendar
F1 replaces Imola with Madrid on 2026 calendar

(Photo credit: Peter Casey-Imagn Images) The 24-race Formula 1 slate for 2026 features a grand prix in Madrid replacing Italy's Emilia...

Celine Dion attends Coldplay Concert in Las Vegas amid stiff-person syndrome diagnosis
Celine Dion attends Coldplay Concert in Las Vegas amid stiff-person syndrome diagnosis

Washington DC [US], June 10 (ANI): Popular Canadian singer Celine Dion recently attended a Coldplay concert at Allegiant Stadium in...