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AXIOS (Sara Fischer) - Meta to lay off 8,000 as part of AI efficiency push

Meta told staff Thursday it plans to lay off roughly 8,000 people, or around 10% of the company, two sources confirmed to Axios. Why it matters: The cuts come as Meta looks to offset rising AI infrastructure costs. Zoom out: Meta's capital expenditures have ballooned in recent years, sparking investor concerns that excessive AI spending will eat into profits. - In January, the company said it expects capex to soar by at least 60% this year compared with 2025, "driven by increased investment to support our Meta Superintelligence Labs efforts and core business." - Free cash flow, meanwhile, is expected to plunge 83% year over year. Reality check: Meta is no stranger to large-scale cuts. - Layoffs affecting more than 20,000 workers…

NPR (Joel Rose) - Airlines in Europe slash thousands of flights as Iran war cuts jet fuel supplies

The soaring cost of jet fuel is forcing European airlines to cancel tens of thousands of flights, while energy authorities warned of a possible jet fuel shortage if supplies aren't replenished soon.

NYTIMES (Paulina Villegas) - Crash That Killed 2 Americans Is a Reminder of the Depth of Security Ties in Mexico

The deaths of two C.I.A. officers in a crash in northern Mexico sparked questions about authorization and sovereignty, but also reflected a longstanding, sensitive security partnership between the two countries.

NYTIMES (Karoun Demirjian and Patrick McGeehan) - Communication Failures Played Role in Deadly Crash at LaGuardia, N.T.S.B. Says

The report focuses on the lack of transponders in the fire trucks, which investigators suggested could have allowed an automatic warning system to alert the controller of an imminent collision.