Latest Breaking News Articles

Exxon Mobil plans to build a natural gas power plant to supply electricity directly to data centers. The plant will include carbon capture technology to reduce 90% of its carbon emissions, addressing both energy demand and environmental concerns. This marks a shift for Exxon, as the company has historically focused on supplying energy for its own operations.

Adobe’s recent quarterly outlook has rattled investor confidence, sending its stock plummeting. While the firm’s earnings topped expectations, its forecasts for the upcoming quarter and beyond landed with a thud.

Stanley, the maker of the widely popular travel mugs, has announced a major recall on millions of lids, raising safety concerns among users. The issue stems from lids detaching during use—often while the drinker is mid-sip of hot coffee—leading to burns and injuries. The recall impacts approximately 2.6 million mugs sold since mid-2016.

Macy’s, long a mall anchor, will close 65 stores by January's end. This exceeds the 50 closures previously hinted at, as leadership seizes a favorable deal-making climate. These closures are part of a broader plan to shutter 150 locations by 2026.

Starting December 14, Canadians can enjoy two months of savings as the federal government temporarily removes the GST/HST from certain essential goods. This tax break applies to items bought and delivered by February 15, 2025, with no extra steps required from shoppers—the tax is automatically removed at checkout.

Big news in the fashion world: Chanel has a new creative director! Matthieu Blazy, known for his edgy and innovative designs, is now in charge of all of Chanel collections from ready-to-wear to haute couture.

The popular YouTube interview series "Hot Ones" has been sold for $82.5 million. The show, known for its unique format of interviewing celebrities while they eat increasingly spicy wings, has gained a massive following and become a cultural phenomenon.

The CFPB has capped overdraft fees at $5, aiming to reduce costs for consumers. While this helps those hit with high fees, it may lead banks to cut or limit overdraft services, affecting people who rely on them to cover essential expenses.

Elon Musk's net worth has surpassed $400 billion, marking a historic first. This surge is attributed to a 71% increase in Tesla's stock value and a significant rise in SpaceX's valuation.

The 97th Academy Awards will make history by streaming live on Hulu alongside its traditional ABC broadcast. The ceremony is set for Sunday, March 2, 2025, at 7 p.m. ET. Hulu subscribers can also access the event on-demand the following day.

The Critics Choice Association has revealed the first wave of nominees for the 30th Annual Critics Choice Awards. The ceremony is set for January 12, 2025, at the Barker Hangar in Los Angeles. Leading the nominations are Conclave and Wicked, each securing 11 nods across major categories.

Google has revealed Gemini 2.0, a significant upgrade to its AI capabilities. The platform can handle text, images, audio, and code, making it more versatile for a variety of tasks. With faster processing and enhanced tools like Google Search, Gemini 2.0 offers improved functionality and seamless user experiences.

Selena Gomez is engaged to Benny Blanco. The singer and actress shared the news on Instagram with photos of her engagement ring and the couple celebrating outdoors. Her caption read, "forever begins now."

YouTube TV is raising its monthly price from $72.99 to $82.99 starting in January. The company informed subscribers today, explaining the increase is due to rising content costs and investments in improving the service. Features like unlimited DVR storage and a large on-demand library were highlighted as part of the value offered.

Donald Trump has been named TIME Magazine's Person of the Year for 2024, marking the second time he's received this honor, following his initial award in 2016 after his presidential election victory. The announcement will be celebrated with Trump ringing the opening bell at the New York Stock Exchange this Thursday, highlighting his significant influence on global events over the past year.

Mariah Carey has canceled her Pittsburgh concert, leaving fans disappointed as she battles the flu. The show, part of her annual “All I Want for Christmas Is You” tour, was set for December 11 at PPG Paints Arena.

FIFA has officially announced that Saudi Arabia will host the 2034 Men’s World Cup, marking the first time the nation will hold the prestigious tournament. The decision was made during an online meeting led by FIFA President Gianni Infantino, where more than 200 member federations showed their support for the bid with resounding applause. Saudi Arabia was the sole bidder for the 2034 event after FIFA's decision to limit eligibility to Asia and Oceania, giving prospective hosts a narrow four-week window to declare their candidacy.

Meta is facing a major outage today, impacting Facebook, Instagram, WhatsApp, and Threads. Millions of users around the world are reporting problems, with over 150,000 reports for Facebook and Instagram combined.

Megan Fox and Machine Gun Kelly have called it quits once more, just weeks after announcing they were expecting a baby together. Known for their fiery and unpredictable relationship, the couple has struggled to maintain stability.

The Bank of Canada has lowered its benchmark interest rate by 0.5%, bringing it to 3.25%. This marks the fifth reduction in 2024, aimed at encouraging economic growth as inflation stabilizes around the target range.

Sofronio Vasquez has emerged as the winner of Season 26 of The Voice, delivering a significant milestone for his coach, Michael Bublé, who secured his first victory in his debut season. Vasquez's win is celebrated as a highlight of the season and a testament to his exceptional talent.

The long-awaited trailer for 28 Years Later is finally here, and it’s already creating a frenzy among fans of the beloved zombie franchise. Set nearly three decades after the original rage virus outbreak, the story follows survivors on a secluded island who risk everything to journey back to the mainland.

A lawsuit filed in New York accuses Jay-Z and Sean Combs of sexual assault involving a minor in 2000. The plaintiff, identified only as “Jane Doe,” claims the incident took place after she was taken to a party following the MTV Video Music Awards. Allegations include being drugged and assaulted at the event.

Google revealed it’s Google’s Year in Search List which sums up the most trending words people searched on the internet. This year, the internet buzzed with curiosity about groundbreaking events, new innovations, and captivating aesthetics from Brat, Nancy Myers and mob Wife.