Canada Retaliates to US Tariffs Amid Trade Spat

Estée Lauder Accelerates Turnaround, Adds 3,000 Jobs To Chopping Block Beauty and cosmetics giant Estée Lauder is accelerating its workforce restructuring, announcing Friday morning that it will cut another 3,000 jobs, bringing total planned reductions to as many as 10,000 roles. The move is expected to unlock hundreds of millions of dollars in additional savings. Still, it also suggests a deeper reset in the company's workforce after its hiring spree leading up to  Covid, potentially putting a long-term cap on headcount. The owner of Clinique, La Mer, MAC, Aveda, Bobbi...

Navy Awards Boeing $20 Billion Contract For Next-Generation Fighter Authored by Tom Gantert via The Epoch Times, Boeing has secured a contract worth more than $20 billion to develop the U.S. Navy's next-generation carrier-based fighter. The Boeing Co. logo is displayed outside of company offices near Los Angeles International Airport in El Segundo, Calif., on Jan. 18, 2024. Patrick T. Fallon/AFP via Getty ImagesThe Navy contract covers full-scale development of the sixth-generation F/A-XX Strike Fighter, including testing units for ground, airworthiness, systems and weapons. The aircraft is expected to supplement and eventually replace...

Houthis Declare "Total Ban" On Israeli Ships As Dual Chokepoint Crisis Stokes Supply Chain Nightmare Brent crude futures jumped as much as 5% to $97.83 a barrel, while WTI traded around $95 a barrel, as renewed Iran-Israel fighting threatened to unravel a fragile US-Iran ceasefire and further disrupt energy flows. On the maritime chokepoint front, Iran-backed Houthis declared a full ban on Israeli vessels in the southern Red Sea, warning that any Israeli ship (or linked ship) will be seen as a military target. "First: We declare a complete and total...