Author: Press Room

new video loaded: Why Trump’s Reversal on Greenland Still Leaves Europe on EdgeAndrew Ross Sorkin, editor at large of DealBook, describes how leaders at the World Economic Forum in Davos remain on edge after President Trump, for now, backed down from threats of using tariffs or military force to gain Greenland.By Andrew Ross Sorkin, Rebecca Suner, Coleman Lowndes, Laura Salaberry and Nikolay NikolovJanuary 22, 2026

Bill McDermott, chairman and CEO of ServiceNow, speaks during an interview on the floor at the New York Stock Exchange on Oct. 26, 2023.Brendan Mcdermid | ReutersSoftware stocks on Thursday slid deeper into an ongoing intense sell-off this year as investors recoiled from the sector on growing fears that artificial intelligence could upend many firms’ business models. The iShares Expanded Tech-Software Sector ETF (IGV) dropped 5.4% for its biggest one-day decline since last April during the tariff-triggered downturn. The fund is now down about 22% from its recent high, pushing the software industry into bear-market territory and underscoring how quickly…

NEWYou can now listen to Fox News articles! → A cruise ship stranded in Antarctic ice was freed by a U.S. Coast Guard icebreaker.→ The State Department lowered its travel advisory for a popular spring break hot spot.→ A European travel alert is warning visitors to steer clear of Minneapolis amid immigration protests and reported clashes. The U.S. Coast Guard came to the aid of a cruise ship that got stuck in Antarctic ice. (SWNS)CLICK HERE TO SIGN UP FOR OUR LIFESTYLE NEWSLETTERConversation starters→ A mysterious hum has rattled residents in a Connecticut city, sparking sleepless nights and calls for…

NEWYou can now listen to Fox News articles! John Leguizamo is drawing a clear line in the sand.The actor, known for his roles in movies like “Moulin Rouge!” and “Romeo + Juliet,” shared a pointed message on Instagram Wednesday, making one thing clear: if any of his fans support ICE, he doesn’t want them as fans.”If you follow ICE, don’t follow me, don’t come to my shows and don’t watch my movies,” Leguizamo said in a short video that he captioned, “Abolish ice!”JOHN LEGUIZAMO TORCHES DEAN CAIN AS ‘LOSER’ FOR JOINING ICE, BUT SUPERMAN ACTOR OFFERS GENTLE REPLY John Leguizamo…

NEWYou can now listen to Fox News articles! Football chatter leading into Super Bowl LX hasn’t been about the game itself, but rather the news that Bill Belichick, the legendary New England Patriots coach, won’t be entering the Pro Football Hall of Fame on his first ballot.The backlash received from the news leaking out of Canton has caused the likes of Tom Brady, Robert Kraft, Patrick Mahomes, and many others to express their displeasure with the Hall’s selection committee.But one former NFL quarterback believes the Hall of Fame can still “rectify” their “egregious mistake.”CLICK HERE FOR MORE SPORTS COVERAGE ON…

Microsoft CEO Satya Nadella gestures as he speaks during the World Economic Forum meeting in Davos, Switzerland, on Jan. 20, 2026.Fabrice Coffrini | Afp | Getty ImagesMicrosoft shares slid about 10% on Thursday following an earnings report that disappointed some investors, prompting the stock’s sharpest daily decline since March 2020. The move trimmed the technology company’s market cap by $357 billion, leaving it at $3.22 trillion by the end of Thursday trading.The iShares Expanded Tech-Software Sector exchange-traded fund tumbled 5% on Thursday, while the technology-heavy Nasdaq Composite index finished the day down 0.7%. Not all of technology went down, though.…

A Southwest Airlines aircraft parks at Gate B33 while its tail sticks into the sunlight at Boston Logan International Airport in Boston, MA, on December 22, 2025. Austin DeSisto | Nurphoto | Getty ImagesSouthwest Airlines expects 2026 profits to at least quadruple, far exceeding analysts’ expectations, as the carrier overhauls its half-century-old business model to include new moneymakers like bag fees and seat assignments.The airline expects to earn at minimum an adjusted $4 a share this year, exceeding the $3.19 analysts had anticipated, according to estimates from LSEG. It also forecast capacity growth of 2% to 3% compared with 2025,…

NEWYou can now listen to Fox News articles! The Virginia Commonwealth University police confirmed Thursday afternoon that the now-fired nurse whose TikTok videos encouraged other healthcare workers to drug ICE agents is under criminal investigation. Malinda Cook was fired from her job Tuesday evening after a brief investigation by her former employer, VCU Health. A day prior, three videos made by Cook and posted to her TikTok were stitched together and shared on X by popular account LibsOfTikTok. The result was a viral firestorm that cost Cook her livelihood, and has now put her under the microscope of authorities. In one video, she…

Canada posted a merchandise trade deficit of $2.2 billion for November as exports of gold as well as motor vehicles and parts fell in the month, Statistics Canada said Thursday. The agency said the result compared with a revised trade deficit of $395 million in October.However, RBC senior economist Claire Fan noted that despite the deteriorating trade balance, Canadian exporters continued to show signs of at least some diversification to non-U.S. markets.“Goods exports to non-U.S. destinations were 29 per cent above year-ago levels in November, while goods imports from non-U.S. markets rose 18 per cent both near or at all-time…

The Coalition has decried a planned production tax credit to get the nascent critical minerals processing sector off the ground as an example of the Government’s “undisciplined and unnecessary spending” that it would dump.Shadow finance minister Jane Hume said the proposal would give miners tax breaks for work they were already doing.The Government included a $13.7 billion production tax credit as the centrepiece of its future made in Australia policy in May’s budget.The credit would apply to output from critical minerals processing after July 2027, for up to 10 years.It was strongly backed by the Association of Mining and Exploration…