Formula 1

Business

DeFi Giants Unwind: $371 Million Ethereum Sell-Off Signals Strategic Risk Reduction

Two of the largest known Ethereum holders, BitcoinOG and Trend Research, have strategically sold a combined $371 million worth of ETH to repay loans on the Aave protocol. This voluntary deleveraging, distinct from over $140 million in automated liquidations processed by Aave, highlights a shift towards caution among major crypto players amid market volatility.

Feb 2, 2026

Business

Alibaba Bets Big on AI with $431 Million Lunar New Year Push, Escalating Tech Rivalry

Alibaba Group has announced a massive 3 billion yuan ($431 million) campaign to promote its Qwen AI app during the upcoming Lunar New Year holiday, significantly outpacing similar efforts by rivals Tencent and Baidu. The move intensifies a high-stakes battle for user adoption in China's rapidly evolving artificial intelligence sector.

Feb 2, 2026

US

North Carolina Mother Faces Multiple Charges After Alleged 103 MPH Drunk Drive in Snowstorm With Unrestrained Toddler

A 24-year-old Goldsboro woman was arrested and charged with impaired driving, reckless endangerment, and child abuse after deputies clocked her vehicle traveling over 100 mph on snow-covered roads with her 1-year-old child not properly secured.

Feb 2, 2026

Business

Atos Shares Surge 164% in a Year: Is the Turnaround Real or a Mirage?

The French IT giant's stock has skyrocketed over the past 12 months, dramatically outperforming the market. But with a volatile recent history and mixed long-term returns, investors are questioning whether the rally reflects a sustainable recovery or a speculative bounce. A deep dive into valuation metrics reveals a complex picture.

Feb 2, 2026

Business

Gen X's Retirement Reality Check: Average 401(k) Balance Falls Short of Comfort

New data reveals the average 401(k) balance for Generation X, painting a concerning picture for those nearing retirement. Experts weigh in on the gap and potential strategies to bridge it.

Feb 2, 2026

World

Tragedy Deepens: Teenager Succumbs to Injuries, Swiss New Year's Bar Fire Death Toll Reaches 41

An 18-year-old has died from injuries sustained in the devastating fire at Le Constellation bar in Crans-Montana, raising the final death toll to 41. The incident, which occurred during New Year's celebrations, also left over 100 injured, with many still hospitalized across Europe.

Feb 2, 2026

World

Swiss New Year's Bar Fire Death Toll Climbs to 41 as Teenager Succumbs to Injuries

The death toll from a devastating fire at a New Year's Eve bar in the Swiss Alps resort of Crans-Montana has risen to 41 after an 18-year-old victim died from his injuries, marking one of the nation's worst peacetime tragedies.

Feb 2, 2026

World

Russian Drone Attack on Miners' Bus in Eastern Ukraine Kills 12, Wounds Eight

A Russian drone strike targeted a bus carrying coal miners in Ukraine's Dnipropetrovsk region on Sunday, killing at least 12 workers and wounding eight others, in what Ukrainian officials describe as a deliberate attack on civilian infrastructure.

Feb 2, 2026

World

Newly Unsealed Email Reveals Epstein Associate's Plan to Tap Into Libya's Frozen Billions Amid 2011 Turmoil

A 2011 email to Jeffrey Epstein detailed a bold proposal to identify and recover billions in frozen Libyan state assets, with claimed backing from former intelligence operatives, as the country descended into civil war.

Feb 2, 2026

Business

Gold Rush Gone Wrong: Shenzhen's Jereh Platform Collapse Leaves 150,000 Investors Facing Pennies on the Dollar

The collapse of Shenzhen-based Jereh, a gold trading platform that operated with massive leverage and no physical backing, has left a trail of financial devastation for 150,000 retail investors, who now confront a controversial repayment plan offering mere fractions of their investments.

Feb 2, 2026

US

Search Intensifies for Missing Arizona Woman, 21, as Boyfriend Faces Charges; Vehicle Found with Blood Evidence

The search for Isabella Comas, last seen in Avondale on January 11, continues after her abandoned car was discovered with blood stains. Her boyfriend, Thomas Rodriguez, a convicted felon, is in custody on unrelated charges as authorities plead for public assistance.

Feb 2, 2026

Business

Generac's Stock Surge: Is the Power Equipment Giant Still a Buy After 19% Rally?

Generac Holdings' shares have surged 19% in a month, reigniting the debate over its valuation. While recent momentum is strong, a five-year decline of 38% underscores the challenges. Analysts see a potential upside, but risks from the residential solar slowdown and data center demand volatility loom.

Feb 2, 2026

Business

Philip Morris Shuts Richmond Office, Cuts 135 Jobs Amid Pivot to Smoke-Free Future

The 179-year-old tobacco giant Philip Morris International is closing its Richmond, Virginia office, eliminating 135 positions, as it aggressively restructures around its smoke-free product portfolio, led by the ZYN nicotine pouch brand.

Feb 2, 2026

Business

Bayer's Stock Soars 107% in a Year: Is the Pharma Giant Still Undervalued?

Bayer's share price has more than doubled in the past 12 months, yet key valuation models suggest a significant gap remains between its market price and intrinsic value. We examine the metrics behind the rally and the lingering legal and portfolio challenges facing the company.

Feb 2, 2026

World

India Weighs Social Media Ban for Under-16s as Lawmaker Cites Data Exploitation and Youth Safety

A key ally of Prime Minister Narendra Modi has proposed legislation to prohibit social media access for children under 16, framing the move as a response to digital addiction and the exploitation of Indian user data by foreign tech giants, amid a growing global regulatory push.

Jan 31, 2026

Business

U.S. Bets Big on Rare Earth Independence with $3.1 Billion Mine-to-Magnet Push

USA Rare Earth secures a landmark $1.6 billion in federal loans and equity, coupled with a $1.5 billion private placement, to build a domestic supply chain from Texas mines to Oklahoma magnets, reducing reliance on China for critical defense and green tech components.

Jan 31, 2026

Business

Verizon Stock Soars 11.8% on Strong Earnings and Ambitious 2026 Outlook

Shares of Verizon Communications surged nearly 12% on Friday, marking their third consecutive day of gains, after the telecom giant posted solid annual results and unveiled aggressive growth targets for its core wireless and broadband businesses.

Jan 31, 2026

Business

IonQ Bets $1.8 Billion on Vertical Integration with SkyWater Acquisition, Aims to Accelerate U.S. Quantum Chip Development

In a major consolidation move within the quantum computing sector, IonQ has announced a definitive agreement to acquire U.S.-based semiconductor foundry SkyWater Technology for $1.8 billion. The deal aims to create a domestically controlled, vertically integrated platform to speed up the development and production of advanced quantum processors, citing both technological and national security imperatives.

Jan 31, 2026

Business

Freight Brokerage Collapse Deepens: Vantage Carrier Files $1.3M Lawsuit as Industry Grapples with Fallout

The unraveling of the R&R Family of Companies is sending shockwaves through the freight industry, with a new lawsuit from Vantage Carrier alleging over $1.3 million in unpaid invoices. The case adds to a growing pile of legal claims and exposes the precarious financial exposure of carriers and small operators caught in the wake.

Jan 31, 2026

Business

Tether Posts Record $10B+ Profit in 2025, Bolstered by Massive Gold and Treasury Holdings

The stablecoin issuer finished 2025 with over $10 billion in net profit, backed by a $17.4 billion gold reserve and a U.S. Treasury portfolio that rivals major nations, as demand for its USDT token continues to surge globally.

Jan 31, 2026