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The Latest Breaking News from International Business Times

Leaked Email Exposes Why Xbox Is Unleashing Mass Layoffs Next Month

Microsoft's Xbox division is set for significant layoffs due to financial pressures, marking a strategic shift under new leadership as it grapples with declining revenue and subscription model challenges.

International Business Times

Donald Trump Says Deal On Sunday As Flicker Of Peace Returns To Middle East

The US President made this announcement in a Truth Social post. Trump also said the Strait of Hormuz will be open to all once the deal is signed.

International Business Times

China Sees Red As US Tags BYD, Baidu And Alibaba In 'Military List'

The Pentagon had added several non-state-backed Chinese companies, including electric vehicle maker BYD, and technology firms Alibaba and Baidu to its military list, aimed at identifying companies which the US administration views as having links to the Chinese military.

International Business Times

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Four Months of Chaos: Why Ayatollah Khamenei's Burial Was Secretly Postponed Amidst the US-Israel-Iran War

Iran has announced the funeral dates for Ayatollah Ali Khamenei, coinciding with ongoing diplomatic efforts between the US and Iran, highlighting the complex geopolitical landscape.

International Business Times

The 'Time Exile' Curse: Why Einstein's Laws Prove Visiting Aliens Can Never Return Home

As UAP files are declassified and Disclosure Day hits cinemas, physicists argue that any aliens capable of reaching Earth would become 'time exiles' who can never truly go home.

International Business Times

Iran To Hold Khamenei Funeral As Mediators Dangle Requiem For Middle East Conflict

Khamenei was killed in the initial wave of strikes unleashed by the Israel and the United States on February 28, plunging the Middle East into a conflict that has stretched on to more than 100 days.

International Business Times

Mamdani Reignites Tax Debate On X As SpaceX IPO Vaults Musk As World's First Trillionaire

Elon Musk's SpaceX IPO makes him the first trillionaire, prompting NYC Mayor Zohran Mamdani to renew calls for taxing the ultra-wealthy, highlighting ongoing debates on wealth inequality.

International Business Times

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Pentagon's 'Potato' UFO Cover-Up: Five US Army Soldiers Furious After Officials Claim Scaly Craft Was Just 'Sunlight'

Newly released Pentagon UFO files describe a 'potato-shaped' scaly craft over Colorado, glowing orbs seen by US officers and a beaming disc above Zimbabwe's main airport.

International Business Times

Anthropic Disables Fable, Mythos, After US Directive To Block Access To Foreigners

The US decision, communicated in a notice Commerce Secretary Howard Lutnick sent to Anthropic CEO Dario Amodei, is seen as an escalatory move by the Trump administration.

International Business Times

Alaska's Glaciers Are Rapidly Melting as Rising Global Temperatures Extend Ice Loss Periods

Alaska's glaciers are melting faster as rising global temperatures extend melt seasons, with radar data showing heatwaves and ice loss reshaping climate science.

International Business Times

Donald Trump's Shifting Hand Bruises and 22 Medical Specialists Spark Huge Health Fears

Donald Trump's shifting hand bruises have prompted a fresh wave of health speculation after new photos showed a dark mark on his left hand. The White House says the president is in excellent health and has blamed the bruising on aspirin use and frequent handshakes.

International Business Times

UAE Says No Deal To Unlock Billions To Iran Amid Talks To End War

The UAE's denial came after a slew of reports alleging the government has agreed to release up to $20 billion in frozen assets to Iran, CNBC reported.

International Business Times

Business Inflation Jumps To Highest Level Since 2022 As Iran War Drives Up Energy Costs

Higher fuel costs linked to the Iran conflict pushed producer prices sharply higher in May, adding pressure across the U.S. economy.

International Business Times

South Korea Hits E-Commerce Giant With Record $409 Million Fine Over Data Leak Of 33 Million Users

South Korean authorities have imposed a record $408 million fine on e-commerce giant Coupang after concluding that a massive data breach exposed the personal information of more than 33 million customers.

International Business Times

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International Business Times

Stocks Rise On SpaceX IPO, Trump's Claims That Iran Deal Is Close

Stocks climbed on Friday after SpaceX's IPO and Donald Trump's claim that a deal with Iran is imminent.

International Business Times

Oil Prices Plunge as Trump Says U.S. Is Close to Iran Deal

Oil prices fell sharply on Friday after President Donald Trump said the United States was nearing an agreement with Iran.

International Business Times

Sam Bankman-Fried Loses Appeal Against Fraud Conviction, 25-Year Prison Sentence

Sam Bankman-Fried has lost his appeal against his fraud conviction and 25-year prison sentence.

International Business Times

What Rising Settlements Mean for Georgia's Insurance Market and Commercial Defendants

The "nuclear verdicts" trend that has affected commercial trucking nationally is particularly visible in Georgia

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International Business Times

Best Place To Open A Roth IRA In 2026

iTrustCapital ranks #1 because it serves a different and growing search intent: investors looking for a Roth IRA that can hold crypto and precious metals directly, not just conventional securities.

International Business Times

Ryan Nance Explores the Next Era of Design, Where AI Innovation Meets Human Judgment and Creative Expertise

For him, technology can expand creative capacity, while strong design still depends on understanding people, solving complex problems, and making informed choices.

International Business Times

Judge Rejects Last-Minute Bid to Block Trump's White House UFC Event

U.S. District Judge Amit Mehta ruled that the plaintiffs challenging the White House UFC event failed to demonstrate the type of direct injury necessary to obtain emergency court intervention.

International Business Times

Wade Redcross on Bridging the AI Generation Gap So Business Owners Can Build Smarter Operations Without Losing Control

Seventy-eight percent of organizations now use AI in at least one business function. Yet many organizations are still working to move beyond experimentation and achieve scaled business impact.

International Business Times

Martha Faraday of Four Oaks Equine Nutrition: Rethinking Equine Health Through Food and Whole Systems

Four Oaks Equine Nutrition positions itself as a nutritional consultation practice that uses food and nutrients to leverage health and wellness.

International Business Times

The Unlikely Bridge: Saeed Purcell's Lessons from a Life Guided by Curiosity

Purcell's work sits within a conversation he believes has become too narrow. Personal development, he argues, often draws from Stoicism, Buddhism, and secular self-help frameworks while overlooking other traditions with equally rich histories of reflection and self-mastery.

International Business Times

Dan Carmody on Why Public Markets Remain Vital for Local Economies, Health, and Community Life

Carmody's perspective has been shaped through more than five decades working across economic development, placemaking, and regional food systems. His career spans roles in small business, nonprofit leadership, and consulting, providing him with a broad view of how communities evolve over time.

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