The Latest Breaking News from International Business Times

Bucknell University is closing its 57-year-old press to save $300,000, sparking outcry from faculty and scholars who warn the decision destroys institutional prestige and signals a dangerous trend as more university presses face closure amid financial pressure.

Independent arbitrator ruled November 6 that Portland State University violated faculty union contract when laying off 10 non-tenure-track professors to close $18 million deficit. PSU must restore jobs and make faculty "whole." University saved $12.3 million from cuts but now faces second labor violation in two months, with $35 million…

Paramount Skydance's five-day-in-office requirement triggered 600 buyouts costing $185m, as it accelerates post-merger restructuring ahead of 2026 layoffs.

Donald Trump will host top bankers including Jamie Dimon as his administration faces pressure over affordability following major Democratic victories.

White House Press Secretary Karoline Leavitt defends naming Virginia Giuffre as the redacted victim in Jeffrey Epstein's emails, claiming Democrats are using the documents to "smear" Donald Trump.

The EU plans to impose a new tax on cheap Chinese online imports by early 2026 to protect domestic retailers and ensure fair competition.

Boeing is ordered to pay over $28 million to the family of a 2019 Ethiopian Airlines crash victim in the first 737 MAX lawsuit verdict.

Apophis will make a rare close flyby of Earth in 2029 as scientists study its effects and analyse new findings on interstellar comet 3I/ATLAS.

This year could mark a renaissance for Cisco Systems, driven by rising demand for AI and new growth opportunities.

Ford CEO Jim Farley warns Tesla's dominance is under threat as China's fast-growing EV industry gains global power and reshapes competition.

OpenAI has upgraded ChatGPT with GPT-5.1, its more capable and most advanced model to date.