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UBS Faces $400 Million Suit From Ex-Trader Tom Hayes Over

UBS Faces $400 Million Suit From Ex-Trader Tom Hayes Over Alleged Libor Scapegoating

Ex-UBS trader Tom Hayes sues the bank for $400M, claiming he was made the fall guy in the Libor scandal.


Paramount to Lay Off Roughly 1,000 Employees in Sweeping Corporate Restructure

Paramount plans to cut about 1,000 jobs in a major corporate restructure following its merger with Skydance.

Google Denies Gmail Security Breach, Insists 'Defenses Are Strong' After Recent Reports

Google claims that no security breaches happened on Gmail despite a recent wave of reports claiming otherwise.

PayPal ChatGPT Integration Is Coming Next Year, Allowing Users to Buy Directly on the Chatbot

Buy with PayPal is coming to ChatGPT thanks to a new partnership, and it will allow users to shop directly on the platform.


Latest News

China Slaps Restrictions on European Medical Devices in Escalating Trade
China's C919 jet faces delivery delays due to U.S. export restrictions and ongoing trade tensions.
Paramount Finalizes $8 Billion Skydance Merger After Legal Roadblock
Paramount Skydance plans to keep Warner Bros. creative teams intact while merging HBO Max with Paramount+ for a streamlined operation.
Amazon’s Robotic Army Nears Majority as AI, Automation Replace Human
Amazon plans to lay off 30,000 corporate employees as it boosts AI and automation across its workforce.
Elon Musk Teases Tesla Full Self-Driving Model Upgrade Featuring ‘Big’
Tesla warns shareholders it may lose Elon Musk as CEO without approval of his $1 trillion pay plan.
Novartis Plans $23 Billion US Buildout as Pharma Faces Pressure
Novartis is acquiring U.S. biotech Avidity Biosciences for $12B to expand rare muscle disorder treatments.
Hormel Issues Massive Recall for 4.9M Pounds of Chicken Found
Hormel recalls 4.9 million pounds of frozen chicken after discovering metal fragments from a conveyor belt, urging restaurants to discard affected products.
Trump’s Trade War Escalates: 50% Copper Tariff, Pharma Tariffs Looming
Trump threatens a 10% tariff on Canadian imports after Ontario airs a Reagan-themed anti-tariff ad.
Boeing Faces New Setback as China Cuts Off Jet Shipments
Boeing workers reject the latest contract offer, extending their strike into a third month over pay and benefits.
TikTok US
The TikTok deal is on its last stretch as President Trump and China's Xi Jinping are set to finalize it later this week.
This Long-Requested Apple Maps Update is Coming to iOS
Search ads may be coming to Apple Maps app by next year, according to an analyst's latest report.
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