Amazon plans to cut 16,000 more jobs, adding to the 14,000 already cut recently. The company is focusing on improving efficiency by reducing staff in certain areas while continuing to hire for other important roles.
Key Facts
Amazon announced it will cut 16,000 more jobs.
This follows a previous reduction of 14,000 jobs three months ago.
The cuts are part of efforts to become more efficient by using fewer employees.
Amazon's recent layoffs affect teams that weren't reorganized in the October cuts.
The company mentions using artificial intelligence (AI) and addressing post-pandemic over-hiring as reasons for the cuts.
Amazon plans to keep hiring and investing in important areas for its future growth.
A woman in California bought a pair of earrings for $1 at a flea market, and was later surprised to learn they were worth around $2,500. The earrings, marked as 18k gold and featuring turquoise stones, were identified by online users as being valuable. The woman's daughter shared this discovery on Reddit, impressing many users.
Key Facts
A California woman found $1 earrings at a flea market that were actually 18k gold.
The turquoise earrings were spotted for their color and details, not their value.
After sharing the earrings on Reddit, some people identified them as similar to pieces worth over $3,000.
The earrings were eventually valued by a jeweler at around $2,500.
The discovery gained over 7,000 upvotes on Reddit.
The woman decided to keep the earrings instead of selling them.
California has many thrift stores, which often lead to valuable discoveries.
The daughter's post attracted significant attention and praise online.
Chipotle Mexican Grill is bringing back its Chicken al Pastor dish to menus in several countries, starting February 10. The dish will be available for a limited time in the United States, Canada, the United Kingdom, France, and Germany. The decision follows a large number of customer requests on social media.
Key Facts
Chipotle is reintroducing Chicken al Pastor, available for a limited time starting February 10.
The dish will be offered in the U.S., Canada, the U.K., France, and Germany.
Chicken al Pastor includes chicken marinated with morita peppers, achiote, pineapple, lime, and cilantro.
Chipotle had over twice as many requests to bring back this dish compared to any other limited-time item.
Chipotle "Fan Day" on February 9 offers early access to Rewards members.
Free delivery is available for orders of Chicken al Pastor made through the app or website from February 14 to February 28, with certain purchase requirements.
Chipotle aims to innovate more with limited-time menu items throughout the year.
The Dallas City Council has reaffirmed its decision against building an elevated high-speed rail line through the city, affecting the future of the planned Dallas-Fort Worth route. This comes as Congress has removed nearly a billion dollars in funding for high-speed rail projects. The decision, along with funding cuts and legal issues, creates uncertainty for the Dallas-Fort Worth and Dallas-Houston rail projects.
Key Facts
Dallas City Council reconfirmed its ban on elevated high-speed rail through the city's central areas.
Congress eliminated $928 million in funding for high-speed rail projects.
The North Central Texas Council of Governments (NCTCOG) is working on a study funded by a $500,000 federal grant.
Proposed rail alignments include routes linking Dallas-Fort Worth and Love Field airports.
A study estimated a Houston-Dallas rail line would cost $30 billion and a Dallas-Fort Worth extension an additional $6 billion.
The study suggested that upgrading the existing Trinity Railway Express (TRE) could cost around $1 billion as a potential alternative.
Opponents, including Hunt Realty Investments, argue against certain rail routes due to possible negative impacts on local development.
A new theme park is set to open in Bedfordshire by 2031, attracting millions of visitors and creating thousands of jobs. However, the local water treatment plant needs a significant upgrade to handle the increased sewage expected from the park. Anglian Water plans to expand the plant's capacity, and the theme park will contribute to these costs.
Key Facts
A new theme park in Bedfordshire is expected to open in 2031 and draw up to 12 million visitors annually by 2051.
The theme park will create around 8,000 permanent jobs.
The local Bedford Water Recycling Centre is already operating at full capacity.
Anglian Water plans a major expansion of the plant, funded by higher customer bills.
The theme park will pay a portion of the development costs for the sewage upgrade.
Recent health incidents among local rowers are suspected to be linked to sewage discharges into nearby rivers.
Anglian Water needs to speed up regulatory approvals to accommodate the park and other developments.
Beauty influencer Abbey Yung, who specializes in hair and scalp health, has created an 11-step hair care routine that has become popular online. Some hairstylists doubt the routine's effectiveness and suggest it might not address underlying hair problems like diet and stress. The discussion highlights a broader debate about who should give beauty advice and how they make money from it.
Key Facts
Abbey Yung is both a beauty influencer and a certified trichologist, which means she specializes in hair and scalp health.
Her 11-step hair care routine focuses on cleaning, repairing, and protecting hair.
The routine uses affordable products from drug stores, appealing to budget-conscious consumers.
Some hairstylists argue that the routine is too complicated and doesn't address root causes of hair issues like diet or stress.
Yung offers different variations of her routine, with the simplest version using just a few key products.
She provides affiliate codes, allowing her to earn money when viewers purchase recommended products.
Critics claim overusing products can lead to residue buildup or unnecessary spending.
Amazon announced it will cut 16,000 jobs as part of its latest round of layoffs. The company plans to support affected U.S. employees by giving them 90 days to find new jobs within Amazon.
Key Facts
Amazon announced a layoff of 16,000 jobs.
The news was confirmed by Beth Galetti, a senior executive at Amazon.
U.S. employees affected by the layoffs have 90 days to find new roles within Amazon.
The timing for finding new internal roles may differ in other countries based on local laws.
This is part of Amazon's broader effort to handle changes in staffing.
The announcement was made via a blog post on Wednesday.
Amazon announced it is closing all Amazon Fresh supermarkets and Amazon Go convenience stores in the United States to focus on expanding its Whole Foods Market locations and enhancing same-day delivery services. Affected stores will close by early February 2026, with some U.S. locations remaining operational for a short period to meet local requirements.
Key Facts
Amazon will close 57 Amazon Fresh stores and 15 Amazon Go stores in the U.S.
Some closed locations will convert to Whole Foods Market stores.
The closures are part of Amazon's plan to prioritize higher-growth areas.
Amazon plans to open over 100 new Whole Foods stores in addition to its current locations.
The company is boosting investments in same-day delivery of fresh groceries.
Amazon's grocery delivery service now covers over 5,000 U.S. cities and towns.
"Just Walk Out" cashierless technology used in Go stores will continue to expand in other settings.
Amazon is planning to develop new retail store concepts and formats.
President Donald Trump has downplayed concerns about the U.S. dollar's decline to a four-year low, stating the currency is "doing great." Experts, however, suggest economic and political issues are causing the dollar's fall, affecting trade and inflation, while increasing gold's value.
Key Facts
The U.S. Dollar Index dropped to its lowest point since February 2022.
President Trump stated the dollar is performing well despite its decline.
A lower dollar can make imports more expensive and affect inflation.
Some officials believe a weaker dollar can help boost exports.
Recent geopolitical tensions and tariffs might be affecting the dollar and boosting gold prices.
Experts note rising U.S. deficits and ongoing inflation are contributing to the dollar's weakness.
Gold prices have increased, moving inversely to the declining dollar.
The U.S. decided to increase tariffs on South Korean imports, which could impact trade relations.
UPS, a major package-delivery company based in Georgia, plans to cut up to 30,000 jobs to save money and increase profits. The company aims to achieve $3 billion in savings by 2026 through measures such as reducing reliance on Amazon, offering voluntary buyouts, and closing some buildings.
Key Facts
UPS will cut up to 30,000 jobs to save money and increase profits.
The company aims to save $3 billion by 2026.
UPS plans to reduce its dependency on Amazon deliveries.
Voluntary buyouts and job cuts through attrition will be offered.
24 buildings will close in the first half of the year, with more closures possible later.
The company previously saved $3.5 billion in 2025 through similar measures.
Teamsters union president criticized the job cuts.
UPS expects revenues to reach $89.7 billion in 2026.
UPS plans to cut up to 30,000 jobs as it reduces its reliance on Amazon for package deliveries. The company aims to focus on more profitable customers and has already begun reducing Amazon shipments and closing several facilities.
Key Facts
UPS will cut up to 30,000 jobs this year.
The job cuts will happen through buyout offers and not replacing employees who leave.
UPS is reducing its package deliveries for Amazon, calling them less profitable.
UPS reported earnings of $24.5 billion for the last quarter of the previous year.
UPS forecasts an increase in revenue to $89.7 billion for the current year.
The plan is part of UPS's strategy to focus on more profitable clients like healthcare companies.
UPS previously cut 48,000 jobs and closed 93 facilities, reducing Amazon deliveries.
UPS will close 24 more facilities in the first half of this year.
Several UK newspapers have covered the new support plan for British pubs announced by Chancellor Rachel Reeves. The plan includes a 15% discount on business rates starting in April, but it excludes other hospitality venues, sparking criticism. Another issue covered includes fake job schemes in the UK, where positions are sold to migrants to secure visas illegally.
Key Facts
Chancellor Rachel Reeves announced a 15% discount on business rates for British pubs.
This discount starts in April and is aimed at helping struggling pubs.
Other hospitality venues like small shops, restaurants, and hotels are not included in this support.
Some papers describe the exclusion as a "betrayal" leading to possible high street problems.
Fake jobs are being sold to migrants for up to £20,000 to help them secure UK work visas unlawfully.
The government plans to investigate the fraudulent job scheme.
EasyJet has been told by the Advertising Standards Authority (ASA) to stop advertising a £5.99 carry-on baggage fee, as they could not provide evidence that this fee is available to travelers. The claim misled consumers into thinking they could add cabin bags for this price, and the ASA ruled that EasyJet must change this wording on their website. EasyJet has updated their site to explain that fees vary based on demand, route, and other factors.
Key Facts
EasyJet was instructed by the ASA to correct misleading cabin bag fee claims.
The fee advertised was "from £5.99," but EasyJet could not prove that bags could be booked for this price.
The ASA found the claim misleading because it suggested bags were widely available at this cost.
This issue was flagged by the consumer group Which?
EasyJet updated their website to clarify that baggage fees depend on various factors like demand and route.
Which? stated typical cabin bag fees were much higher than the amount advertised.
European Union lawmakers have proposed a rule for free carry-on bags, but it is not yet in effect.
Vulnerable people are not receiving financial benefits because they struggle to use online tools meant to help them access these benefits. A charity found that many lack access to in-person advice, leaving millions in unclaimed support. The charity suggests that more personalized help is needed to ensure people get the financial support they are entitled to.
Key Facts
Vulnerable people are missing out on benefits due to difficulties using online calculators.
An estimated £24 million in financial support goes unclaimed each year.
Many people with mental health conditions find it hard to use online tools.
A lack of in-person guidance contributes to financial struggles, leading to increased debt.
The Money and Mental Health Policy Institute calls for more personalized advice and better support services.
Debt advice services funded by the government identified £84 million to assist people in 2024-25.
The Money and Pensions Service plans to continue investing in debt advice in England.
The UK government proposes new rules for vet practices to publish prices for common pet treatments. This aims to help pet owners compare costs and make informed choices. The proposals also include requiring vet practices to have operating licenses and improving transparency about treatment options.
Key Facts
The UK government wants vet practices to show prices for common treatments.
Proposed rules are the first changes in the sector in 60 years, according to Defra.
The Competition and Markets Authority (CMA) found vet prices are rising faster than inflation.
More than half of UK households own a pet.
Common treatments include vaccinations, microchipping, and spaying/neutering.
Half of the vet practice websites do not show prices, the CMA discovered.
Vet practices would need a license similar to those for GP surgeries.
An eight-week public consultation on the proposals will end on March 25.
A couple encountered a surprise when visiting a property they were about to purchase. They found the yard cluttered with the previous owner's items. This led to discussions on a public forum about whether to delay the home purchase until the property was cleaned.
Key Facts
A homebuyer found old equipment and tools left on a property just before closing the sale.
The buyer shared their situation on Reddit and received advice to conduct a thorough walk-through before finalizing the purchase.
The Reddit discussion highlighted the buyer's right to refuse to close the sale if the property wasn't cleaned.
Buying homes remotely, without visiting in person, has become more common, but it poses risks like these.
Real estate agents recommend thorough final inspections and virtual tours for remote buyers.
The clutter in the yard could violate the sale contract, potentially leading to additional costs or delays.
The situation underscores the importance of clear communication between buyers and sellers in real estate transactions.
CBS News Editor-in-Chief Bari Weiss has announced a new strategy to increase the network’s audience. This plan includes hiring new commentators and cutting staff not aligned with her vision, as well as shifting focus to podcasting. Bari Weiss, appointed in October, has made several changes, though some have led to decreased viewership.
Key Facts
CBS News aims to grow its audience with a new strategy led by Bari Weiss.
The plan involves hiring 18 new commentators and making staff cuts.
CBS News will focus more on podcasting to expand its reach.
Bari Weiss, who has no prior TV experience, was made Editor-in-Chief in October.
Paramount Skydance bought Weiss’s publication, The Free Press, for $150 million.
Some recent decisions under Weiss have led to lower viewership for CBS News.
CBS Evening News relaunched with Tony Dokoupil, its fifth anchor team change since 2016.
Federal Reserve Chair Jerome Powell holds a news conference on interest rates. The Fed plans to keep its key short-term rate steady at about 3.6%, after cutting it three times last year.
Key Facts
The Federal Reserve is holding a meeting focused on interest rates.
Fed Chair Jerome Powell will speak at 2:30 p.m. EST on January 28.
The Fed aims to keep its main interest rate at roughly 3.6%.
Last year, the rate was cut three times by a quarter percentage point each time.
The Fed is waiting to see how the economy develops before making more changes.
Changes in the Fed's rate can affect borrowing costs for mortgages, auto loans, and business loans.
President Donald Trump is likely to disagree with the Fed's decision.
UPS has decided to stop using all of its MD-11 cargo planes after a recent crash in Louisville, Kentucky, killed 15 people. The company plans to replace these planes with new Boeing 767s over the next 15 months. Investigators found that cracks in the engine mounts, not detected in regular maintenance, likely contributed to the crash.
Key Facts
UPS retired its fleet of MD-11 cargo planes after a crash in Louisville killed 15 people.
The crash occurred in November, near the Muhammad Ali International Airport in Kentucky.
The plane's left engine detached, leading to the crash shortly after takeoff.
The Federal Aviation Administration grounded all MD-11s following the incident.
UPS faced a financial loss of $137 million due to retiring these planes.
The company will add 18 Boeing 767s to its fleet soon.
Investigators found undetected cracks in the engine mounts of the crashed plane.
The crash impacted nearby facilities, causing explosions at a recycling plant and an auto salvage yard.
India and the European Union (EU) have signed a free trade agreement, creating a large market involving about 2 billion people. The deal aims to reduce tariffs and boost trade in goods, services, and investments between the two regions. It still needs legal approval and may become operational next year.
Key Facts
The trade agreement covers India and the 27-nation European Union.
The agreement impacts a combined market size of nearly $27 trillion.
It represents about 25% of the global gross domestic product (GDP).
Tariffs between India and the EU are expected to be significantly reduced.
The EU is providing access to 144 services sectors, while India offers 102 subsectors to the EU.
The deal includes goods, services, and investments in industries like textiles, pharmaceuticals, machinery, and electronics.
The agreement still requires legal checks in both Brussels and New Delhi.
The deal could help India and the EU reduce reliance on the U.S. market.
