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Amazon unveils latest warehouse robot as tech giants continue AI layoffs

Amazon unveils latest warehouse robot as tech giants continue AI layoffs

Amazon’s original Proteus robot has been rolled out in 25 fulfilment centers in the U.S. Sawdah Bhaimiya Amazon has unveiled its latest warehouse robot that can take commands in conversational language, underscoring how AI-powered automation is advancing as companies continue to slash their corporate workforce in AI-driven efficiencies. The tech giant’s next-generation Proteus is an … Read more

How the Strait of Hormuz standoff flipped the energy security debate

How the Strait of Hormuz standoff flipped the energy security debate

In this picture obtained from Iran’s ISNA news agency on June 1, 2026, Iranians sit on Suru Beach in Bandar Abbas along the Strait of Hormuz. Amirhossein Khorgooei | Afp | Getty Images HELSINKI, Finland — Iran’s influence over the strategically vital Strait of Hormuz has inadvertently transformed the energy security debate, effectively casting fossil … Read more

Flesh-eating screwworm is confirmed in the U.S., officials say

Flesh-eating screwworm is confirmed in the U.S., officials say

Cochliomyia hominivorax, the New World screw-worm fly, or screw-worm for short, is a species of parasitic fly that is well known for the way in which its larvae (maggots) eat the living tissue. Lidya Elfa Sari | Istock | Getty Images A New World screwworm has been detected in a 3-week-old calf in Zavala County, … Read more

Amazon engineers in Seattle slam employer for building AI data centers while laying off 30,000 staffers

Amazon engineers in Seattle slam employer for building AI data centers while laying off 30,000 staffers

A group of Amazon engineers appeared at Seattle City Council hearings on Wednesday to throw their support behind efforts to regulate the development of giant AI data centers in the area, which are getting constructed while their employer is engaged in mass layoffs. “It’s been reported that this year, Amazon is spending $200 billion dollars … Read more

OECD warns of global slowdown as U.S.-Iran war stymies economic growth prospects

OECD warns of global slowdown as U.S.-Iran war stymies economic growth prospects

The Organisation for Economic Cooperation and Development has slashed its global growth outlook, warning that the economic damage from the U.S.-Iran war could dramatically worsen unless a durable peace settlement is reached quickly. In its June Economic Outlook, the OECD said global growth is now expected to slow from 3.4% in 2025 to 2.8% in … Read more

Homeowners insurance premiums have soared in recent years. How to reduce your costs

Homeowners insurance premiums have soared in recent years. How to reduce your costs

Residents watch as a wildfire moves down a hill at Runkle Canyon Park on May 19, 2026, in Simi Valley, California. Kayla Bartkowski | Los Angeles Times | Getty Images Homeowners insurance costs have risen sharply for many people around the U.S. in recent years. Policyholders looking to reduce their premiums have some relatively straightforward … Read more

China’s factory activity beats forecasts in May, private survey shows, despite softer official data

China’s factory activity beats forecasts in May, private survey shows, despite softer official data

Workers make US flags ahead of the 2026 World Cup football tournament, at a factory in Qingdao, in China’s Shandong province on May 28, 2026. – | Afp | Getty Images BEIJING — China’s factory activity improved in May, a private survey showed Monday, beating expectations even as official data pointed to weaker momentum. The … Read more

Two months, $2.6 billion: How NASA ETF turned SpaceX IPO access into a hot retail trade

Two months, .6 billion: How NASA ETF turned SpaceX IPO access into a hot retail trade

Retail investors are rushing into the space investing trade ahead of the SpaceX IPO, and one ETF has cashed in on the excitement. Tema ETFs’ Space Innovators ETF, which launched on March 30 and trades under the ticker symbol NASA, crossed $1 billion in assets in just 37 trading days, and by the end of … Read more

China is ‘losing a chance’ by not being at the Shangri-La Dialogue: German defense chief

China is ‘losing a chance’ by not being at the Shangri-La Dialogue: German defense chief

15 May 2026, Bavaria, Würzburg: Carsten Breuer, Germany’s chief of defence, takes part in a panel discussion at the 104th German Catholic Day under the motto “Between deterrence and diplomacy”. Photo: Sven Hoppe/dpa – ATTENTION: For editorial use only and only with full reference to the above credit (Photo by Sven Hoppe/picture alliance via Getty … Read more

The Philippines is in for a ‘long-term struggle’ with China over territory, Manila’s defense secretary tells CNBC

The Philippines is in for a ‘long-term struggle’ with China over territory, Manila’s defense secretary tells CNBC

Philippines’ Secretary of National Defense Gilberto Teodoro Jr. (C) attends a plenary session of the 23rd Shangri-La Dialogue summit in Singapore on May 30, 2026. (Photo by JAM STA ROSA / AFP via Getty Images) Jam Sta Rosa | Afp | Getty Images The Philippines’ maritime struggle with China is getting increasingly intense, according to … Read more

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