Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears 
Apple Turns 50: From Garage Startup to AI Crossroads 
Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers 
Brown-Forman and Pernod Ricard in Merger Talks to Create World's Largest Spirits Giant 
Unilever and Magnum Face Defamation Lawsuit Over Ben & Jerry's Board Chair Dismissal 
Brazil Meat Exports Weather Iran War Disruptions With Rerouted Shipments 
Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic 
KPMG UK Cuts 440 Audit Jobs Amid Low Attrition and Cooling Professional Services Demand 
Norma Group Posts Revenue Decline in 2025, Eyes Modest Recovery in 2026 
Eli Lilly and Insilico Medicine Forge $2.75 Billion AI-Driven Drug Discovery Deal 
BlackRock CEO Larry Fink Earns $37.7 Million in 2025 Amid Record Growth 
Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers 
Novartis to Acquire Biotech Firm Excellergy in $2 Billion Deal 
McDonald's and Restaurant Brands International Face Headwinds Amid Iran Conflict and Rising Costs 
Bank of America's $72.5M Epstein Settlement: What You Need to Know 
Nike Beats Q3 Estimates but China Weakness and Margin Pressure Weigh on Outlook 
Luxury Car Sales in the Middle East Take a Hit Amid Iran War 
On Sunday, US wireless carrier Sprint unveiled its plans to reduce its fiscal costs for 2016 by as much as USD2.5 billion. According to the company, the fiscal cost cuts, which will include measures like job layoffs and other cost controls, is an essential part to turn Sprint around.
Although he decline to share the number of people Sprint will lay off, spokesman Dave Tovar said in an interview with Fortune, “We are leaving no stone unturned and looking at all areas. We are trying to get more in line with the industry average.”
Tovar said the company will provide more details about the cost control plan.
24/7 Wall Street wrote that Sprint has been on a cost-cutting roll prior to the announcement. In September, the company announced that it will not participate in the upcoming wireless spectrum auctions, explaining that it has sufficient spectrum for its customers.
