Amazon has announced it will lay off around 16,000 corporate employees globally. As part of this latest workforce reduction, the company will cut over 500 jobs in India, The Financial Express reported, citing people familiar with the matter. The impact in India is expected to be split almost evenly between the company’s e-commerce operations and Amazon Web Services, they said.

Amazon on Wednesday confirmed that it will cut 16,000 jobs globally. Employees in Amazon Web Services, the core retail business, Prime Video, and the People Experience and Technology human resources unit are likely to be impacted by the job cuts, as per a report by Reuters. Laid-off employees who cannot secure new roles at Amazon will receive severance pay.

The Centre plans to empower municipal bodies in Union Budget by reducing their dependence on state and central grants, a Moneycontrol report said. Budget announcement will focus on enabling urban local bodies (ULBs) to generate more resources through mechanisms like property tax reforms and rationalised user charges. Goal is to make cities more self-reliant in funding, the report said.

India and the United States have made "very significant progress" on their ongoing trade deal talks, ANI reported, citing government sources. The deal could be "finalised any day now", with only the “dotting of the Is and crossing of the Ts” remaining. Notably, this news came just a day after India signed a "mother of all deals" with the EU.

Social media presents declining organic reach, algorithm changes and privacy shifts that complicate brand engagement. However, precise audience targeting, rich analytics and content innovation offer powerful reach expansion. Navigating these dynamics requires balancing paid strategies with platform-specific storytelling and data-informed optimisation to sustain visibility & growth in digital space

Venture architects bridge the gap between ideas and scalable businesses by building repeatable frameworks for validation, market fit, execution and capital deployment. Unlike standalone founders, ventures using structured architecture benefit from integrated teams, playbooks and performance feedback loops that reduce early-stage risk, shorten time-to-market and improve the odds of scale.

Electronics brands competing on features and price can struggle if they rely solely on paid channels. Organic growth through SEO, community engagement, reviews and expert content builds credibility and search authority over time. Sustained organic strategies drive lower acquisition costs, repeat traffic and deeper customer loyalty, especially as buyers search technical specs before purchase.

The S&P 500 crossed the 7,000 mark for the first time, hitting an intraday high of 7,002.28 as optimism around US corporate earnings lifted markets. Tech and energy stocks led gains, while consumer and industrial shares also advanced. The Dow was flat, and the Nasdaq traded modestly higher, even as financials and healthcare lagged.

Ondas shares rose after its Optimus drone earned Blue List recognition from the Defense Contract Management Agency. The approval confirms the drone meets strict cybersecurity and reliability standards for US defense use. Optimus features a drone-in-a-box system with 24/7 operations and automated payload switching, boosting investor interest.

REGENXBIO shares fell over 29% after the U.S. Food and Drug Administration placed a clinical hold on two experimental gene therapies, RGX-111 and RGX-121. The move followed the detection of a tumor during a routine MRI in a pediatric trial participant, who had received RGX-111 four years earlier.