Unhappiest Place On Wall Street: Disney Readies Thousands Of Layoffs As Managers Told To Slash 20% Of Costs

US Asian Ally Rejects Pentagon Request To Land Fighter Jets: More To Come? Sri Lanka is a US regional ally, and America remains the small south Asian nation's largest export market, accounting for nearly $3 billion of the $11.7 billion of goods Sri Lanka exports annually. But tensions are soaring over the Iran war, and especially in the wake of a US submarine having torpedoed the Iranian warship IRIS Dena just off Sri Lanka's southern coast earlier this month - killing dozens of sailors and forcing Sri Lankan authorities into a rescue...

Quantum Computing Flees Europe Authored by Thomas Kolbe via American Thinker, Caught between climate regulation and catastrophic energy-policy decisions, a growing number of high-tech companies in the EU are packing up and leaving. Through stock-market deals, two top quantum-computing companies, IQM and Pasqal, are gradually moving toward the United States. The bleeding of the European economy is now being accepted with remarkable resignation. Not a week goes by without another disaster report from the economy. In the first half of the year, the German economy recorded a record number of insolvencies --...

Brent Nears $110 Then Tumbles On IEA Demand Destruction Warning As Houthis Threaten Saudi Oil Escape Route, Diesel Shock Goes Global Brent crude futures nearly topped $110 a barrel in the overnight hours but fell 3.5% to the $103 handle by 6 a.m. ET, after reports from the International Energy Agency that soaring fuel costs could spark global demand destruction. The global benchmark remained on course for its biggest weekly advance since July. Prices have soared more than 70% this year as the Hormuz chokepoint remains disrupted, energy infrastructure attacks continue...