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PRESS DIGEST- New York Times business news - January 28

ReutersJan 28, 2026 6:02 AM

- The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- UPS UPS.N said it expected to cut as many as 30,000 jobs this year as part of a continuing effort to reduce costs and shore up profits.

- Southwest Airlines LUV.N said on Tuesday that it has officially retired its decades-old practice of open seating.

- Governor Greg Abbott of Texas abruptly blocked state agencies and public universities from using skilled foreign worker visas in hiring.

- Microsoft MSFT.O is internally projecting that water use at its data centers will more than double by 2030 from 2020, including in places that face shortages.

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