The US has tightened its grip on Iran’s oil revenue by sanctioning a major Chinese refinery and numerous shipping entities involved in transporting Iranian crude. This move targets a “shadow network” and escalates pressure amid regional tensions. China has criticized the sanctions, urging an end to their political use and warning of harm to legitimate
Microsoft is offering voluntary retirement to approximately 7% of its US workforce, marking its first such program in 51 years. This softer approach, unlike previous layoffs, aims to manage costs and reputation amid stock price pressure and AI infrastructure spending. The offer, based on an age and tenure formula, provides a choice for eligible employees.
Deloitte plans to reduce paid family leave from 16 to eight weeks and cut annual paid time off by 5-10 days for a segment of its US workforce starting January 1, 2027. These changes, affecting internal roles under the ‘Center’ talent model, aim to tailor benefits to market alignment. New pension plan contributions and adoption/surrogacy
The Justice Department has closed its investigation into Federal Reserve Chair Jerome Powell regarding headquarters renovation cost overruns. This move removes a hurdle for Kevin Warsh’s confirmation as Fed chair. The probe’s closure allows scrutiny to continue through the Inspector General’s office, with potential for criminal investigation restart if warranted.
Fans’ long-held dream of seeing Bollywood’s three Khans – Shah Rukh, Salman, and Aamir – together on screen might be closer than ever. Aamir Khan recently expressed his strong desire to collaborate with Shah Rukh, revealing they’ve discussed it but await the perfect story.
Mohammad Kaif praised Virat Kohli for crossing 300 IPL sixes, saying, “Kohli isn’t a natural six-hitter but he worked on his game…” highlighting his adaptability. Kohli (81) and Devdutt Padikkal (55) then led RCB’s chase of 206. Kohli said, “His innings was the difference…” as their partnership sealed victory over GT.
