Alex Jech walks past equipment that will become part of the production line at USA Rare Earth’s facility in Stillwater, Oklahoma on June 20, 2025.
Nick Oxford | The Washington Post | Getty Images
The United States is planning to inject $1.6 billion into Oklahoma-based miner USA Rare Earth and will receive a 10% stake in the company, the Financial Times reported on Saturday, citing people familiar with the matter.
The government investment and a separate $1 billion private financing deal are slated to be announced on Monday, the report said.
The White House and USA Rare Earth did not immediately respond to Reuters’ request for comment.
The government would receive 16.1 million shares in the rare earths company, along with warrants for a further 17.6 million, both priced at $17.17, the report said.
Washington said in December last year it was planning more “historic deals” with the U.S. mining sector to increase domestic production of lithium, rare earths and other minerals used for national defense and rely less on China, which has used its minerals prowess as leverage in trade negotiations.
The deal with USA Rare Earth was “focused on onshoring critical and strategic minerals essential to the semiconductor supply chain and US national security,” the FT quoted an official in the U.S. Commerce Department’s CHIPS office, which provides incentives for investment and equipment in the U.S., as saying.
The company has also brought in Cantor Fitzgerald, an investment banking and brokerage firm chaired by Brandon Lutnick, the son of U.S. Secretary of Commerce Howard Lutnick, to lead efforts to raise more than $1 billion in fresh equity, the FT said.
USA Rare Earth has been developing a mine in Sierra Blanca, Texas and a neo magnet manufacturing facility in Stillwater, Oklahoma, which is expected to go commercial in the first half of 2026.
The company, which has a market capitalization of $3.45 billion, has emerged as one of the more large-scale U.S. neo magnet manufacturers.
The Liberal Democrats are calling on the government to start issuing “war bonds”, a scheme the party says could raise up to £20bn to bolster the military.
Under the plan, members of the public could loan the government money in the form of a bond which would run over a two-to-three year period and pay out the same interest as standard government bonds.
Liberal Democrat leader Sir Ed Davey said the bonds would “give ordinary people the opportunity to contribute to Britain’s security”.
A spokesperson for the government said “new debt instruments” were kept under review but that they had to represent “value for money” and “be consistent with wider fiscal objectives”.
Calls to increase defence spending have intensified in recent years, following Russia’s full-scale invasion of Ukraine in 2022 and the election of US President Donald Trump, who has frequently criticised Nato countries for failing to spend enough on their military.
The Labour government has pledged to raise overall defence spending from 2.3% to 2.5% of national income by 2027, at an estimated cost of an additional £6bn a year.
It has also promised to raise levels to 3.5% by 2035, in line with a pledge by Nato members last year.
The government had been due to publish its defence investment plan last autumn but there are suggestions it has been delayed due to concerns about cost.
Earlier this month, the head of the Armed Forces Sir Richard Knighton said the UK was “not as ready as we need to be for the kind of full-scale conflict we might face”.
Setting out his party’s proposal, Sir Ed said: “Now is the moment to be clear-eyed about the threats facing Britain – Vladimir Putin is waging war in Europe while Donald Trump is tearing up the rules and alliances that keep us safe.
He said Britain and its allies “must rapidly strengthen our defences to deter the likes of Putin… it is much better to invest now in deterring a war than having to fight one”.
The Liberal Democrats said the money raised from issuing bonds would be ring-fenced for defence and the investment would help deliver “growth, jobs and higher revenues” for the government “which would partially offset the cost of additional debt servicing”.
The party added the scheme would need to be accompanied by an overhaul of the Ministry of Defence procurement process, which has previously been criticised as wasteful.
Their proposal, the party says, would be similar to the bonds scheme used during World War One and World War Two.
Individual citizens could lend the government money, which would be paid back in six to 10 years with interest. By the end of 1945, the scheme had raised £1.754m.
Posters encouraging members of the public to buy bonds – or national savings certificates – used slogans including “lend to defend” and “feed the guns with war bonds”.
Dan Coatsworth, head of markets at investors AJ Bell, said: “War bonds are a proven way of raising money to fund national defence spending, but they can burden a government with long-term debt.
“In theory, the public might demand a better rate of interest than they could get on cash in the bank to take up the bonds.
“While some people might think it is their duty to support the country, there will be others who treat such a bond in the same way as any type of investment.”
A source close to the Beckham family is pushing back against claims that Brooklyn Beckham’s parents control the rights to his name.
Brooklyn, 26, sparked fresh controversy on January 19 when he shared a lengthy Instagram Stories statement accusing his parents, David and Victoria Beckham, of attempting to pressure and “bribe” him into signing away the rights to his name in the lead-up to his 2022 wedding to Nicola Peltz Beckham.
His comments reignited scrutiny after The Times reported that Victoria holds trademarks for the names of all four of her children.
Now, a source has called the situation a “misunderstanding,” telling People that the filings are being misinterpreted.
According to the insider, Victoria registered the trademarks when her children were minors and legally unable to do so themselves. Now that Brooklyn, Romeo, 23, and Cruz, 20, are adults, they own their respective trademarks and manage them independently.
Brooklyn, the source added, oversees his name and brand with his own professional team.
The trademarks were first registered in 2016 and cover a wide range of potential commercial uses, from fashion and beauty products to music and accessories. While Victoria’s name appears on the original filings, the source insists that this was a standard legal step taken on behalf of underage children, not an attempt to retain long-term control.
In his statement, Brooklyn alleged that his refusal to sign documents before his wedding permanently hurt his relationship with his parents, claiming that financial interests and the “Brand Beckham” were prioritised over family bonds.
David and Victoria have not directly addressed the accusations. Still, another source previously told People that the Beckhams are devastated by the rift and remain hopeful for reconciliation.
National Tourism Day highlights India’s top travel destinations, tourism history, cultural significance, and ways tourism boosts the economy.
Celebrate National Tourism Day 2026 by exploring India’s diverse destinations, from Rajasthan forts to Kerala’s serene backwaters and Goa’s golden beaches.
National Tourism Day 2026: India boasts of a range of tourist sites that leave travellers spellbound. Be it historical landmarks like the Taj Mahal or scenic locales like Ladakh and Kochi, there’s something to delight visitors of all kinds. Travelling also gives a huge boost to the nation’s economy. National Tourism Day is observed annually on January 25 to raise awareness about the importance of tourism for the country.
This day celebrates the tourism sector while also acknowledging its commitment to growth and sustainability. The occasion highlights how travel destinations need to focus on sustainable growth and benefit the local communities to manage the influx of visitors in a more coordinated manner.
National Tourism Day 2026: History
Soon after independence, the government recognised the importance of tourism to India’s economy and established a department for the same. The department was established with the goal of preserving the country’s national history and preserving tourist spots while making them more traveller-friendly.
National Tourism Day is marked to preserve culture and promote tourism. The day is crucial because it raises awareness about the value of tourism and its economic impact.
National Tourism Day 2026: Significance
India has a rich cultural and historical legacy. From Kashmir to Kanyakumari, the country features some of the most beautiful places to visit and delicious dishes to try. Every travel hotspot has something unique to offer visitors.
Tourism is one of India’s fastest-growing and most profitable industries and promotes economic growth, cultural interchange, and international cooperation.
National Tourism Day 2026: Top Travel Destinations In India
Rajasthan
The vibrant state of Rajasthan in northwest India is a popular destination for tourists due to its rich cultural heritage, spectacular palaces, and colourful traditions.
Cities such as Jaipur, Udaipur, Jodhpur, and Jaisalmer provide insight into the lavish lifestyles of the erstwhile royal families.
Rajasthan is a popular location thanks to its majestic forts, bustling bazaars, and camel safaris in the Thar Desert.
Kerala
Kerala, also known as “God’s Own Country,” remains a must-visit destination due to its quiet backwaters, lush green scenery, and tranquil beaches. The quiet backwaters of Alleppey and Kumarakom, the gorgeous hill station of Munnar, and the pristine beaches of Kovalam and Varkala provide a tranquil escape.
Goa
Goa, located on India’s western coast, is a popular tourist destination known for its stunning beaches, relaxing environment, and vibrant nightlife. Tourists flock to beaches with golden sands such as Baga, Calangute, and Anjuna to rest, participate in water sports, and attend parties.
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January 25, 2026, 07:20 IST
Newslifestyle National Tourism Day 2026: History, Significance, And Top Travel Destinations In India
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A 12-year-old Australian boy has died following a brutal shark attack in Sydney Harbor, his family confirmed Saturday.
Nico Antic had been fighting for his life since Jan. 18, when he was attacked while swimming at a popular cliff-jumping spot known as Jump Rock near Shark Beach in the eastern Sydney suburb of Vaucluse.
His family announced Saturday that he had died.
“We are heartbroken to share that our son, Nico, has passed away,” Nico’s parents, Lorena and Juan, said in a statement. “Nico was a happy, friendly, and sporty young boy with the most kind and generous spirit. He was always full of life and that’s how we’ll remember him.”
A 12-year-old Australian boy has died following a brutal shark attack in Sydney Harbour, his family confirmed Saturday. (GoFundMe)
They also thanked first responders and medical staff at Sydney Children’s Hospital in Randwick for their efforts, as well as members of the community for their support.
A GoFundMe campaign launched by a family friend had raised more than $266,000 as of Saturday evening.
A swimmer takes a dip at Whale Beach ignoring warning signs as beaches in Sydney’s north have been closed since Tuesday due to shark attacks and dangerous currents in Sydney, Australia. (Steve Christo/Corbis via Getty Images)
According to police, the attack took place at around 4:20 p.m. on Jan. 18, after Antic jumped from a 20-foot ledge into the water. He suffered severe injuries to both legs, believed to have been caused by a large shark.
His three friends immediately jumped into the water, pulled him to shore and called for help. Antic was rushed to the hospital in critical condition.
Local media reported at the time that he had lost both legs.
A net runs into Sydney Harbor at a closed beach at Vaucluse in Sydney, Jan. 19, a day after a boy was attacked by a shark.(Sitthixay Ditthavong/AAP Image via AP)
The tragedy comes amid a surge in shark incidents across Australia. Dozens of beaches were closed this week after four shark attacks in mere days.
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Australia averages roughly 20 shark attacks a year, with fewer than three proving fatal, according to Reuters.
Fox News Digital’s Stephen Sorace contributed to this report.
Sophia Compton is a Writer at Fox News Digital. Sophia was previously a business reporter covering finance, energy and tourism and has experience as a TV news producer. She graduated with a journalism degree in 2021 from the University of Hawaii at Manoa.
Videos circulating across social media appeared to show Kevin Durant locked in a heated exchange with a fan seated courtside during Friday’s Rockets-Pistons game.
Durant grew irritated and eventually directed a profanity-laced rant at the fan, who wore Durant’s No. 7 Brooklyn Nets jersey. Durant joined the Nets in 2020 before being traded to the Phoenix Suns in 2023.
“Who the f— you talking to, you fat m—–f–ker?” Durant appeared to say at the beginning of the first clip. “You ain’t gonna do s—! … Watch your f—— mouth.”
Kevin Durant of the Houston Rockets against the Detroit Pistons at Little Caesars Arena Jan. 23, 2026, in Detroit.(Gregory Shamus/Getty Images)
A staff member intervened, but Durant continued to briefly jaw at the fan before eventually walking away. In a separate clip, Durant had a towel around his neck as the confrontation with the fan continued during a play stoppage for a referee’s video review.
The fan notably appeared to remove his Durant jersey at some point before the second clip began.
A hot mic also appeared to catch Durant instructing someone to perform a sexual act as he shot a free throw in the second quarter. Durant backed up the outburst with a team-high 32 points to lift the Rockets to a 111-104 win in Detroit.
Houston Rockets forward Kevin Durant during overtime against the Philadelphia 76ers at Xfinity Mobile Arena Jan. 22, 2026, in Philadelphia, Pa.(Bill Streicher/Imagn Images)
After the game, Durant acknowledged the heightened physicality and intensity that typically surfaces as the season progresses.
“The intensity is going to ramp up as the season goes on and … teams are getting ready to make that push. It’s right before the All-Star break,” Durant told reporters, according to the Houston Chronicle.
“So, usually teams start to make that push: All right, this is who we want to be. You can sense that around this time of year. Tonight was physical. It’s going to be more physical going forward for us.”
Detroit Pistons guard Javonte Green (31) defends Houston Rockets forward Kevin Durant (7) during the first half at Little Caesars Arena Jan. 23, 2026, in Detroit.(David Reginek/Imagn Images)
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The Rockets return home Monday for a game against the Memphis Grizzlies.
They’re the injections helping some people shed pounds, but weight-loss drugs are also transforming the way people spend.
About 1.6 million people in the UK used weight-loss jabs in 2024, the latest research from University College London suggests, with millions more saying they’d be interested in trying them.
For those paying privately, they can cost more than £300 a month – but with their popularity only expected to rise, how are businesses adapting to a new type of consumer?
Buying groceries: The rise of more nutrient-dense foods
Sam Gillson
Sam Gillson has lost four stone since June
Weight-loss injections work by mimicking a natural hormone, GLP-1, which regulates hunger, and those who use them find their appetite is reduced.
“My weekly food shop’s really gone down,” says Sam Gillson, 38, from Shropshire, who got in touch with BBC Your Voice. He’s lost more than four stone using weight-loss jabs since June.
“I’m definitely buying more fresh foods, and fewer unhealthy ready meal/easy dinner options like pizza, chips and nuggets.”
In the last few weeks, supermarkets The Co-op, Morrisons and Marks and Spencer have brought out nutrient-dense ranges of ready meals, and Ocado now sells a 100g steak, which it said was in response to the growing number of customers seeking smaller portions.
Sam says eating less means he wants to make sure that “the smaller quantity does contain all those nutrients and vitamins you need”.
And it’s not just portion size. It’s also the kinds of foods.
Protein-rich products have been appearing on the shelves as smoothies and snacks.
Jonny Forsyth, food and drink strategist at consumer research group Mintel, says many of these trends are part of a wider shift, with health becoming more important, particularly for younger consumers.
He thinks GLP-1 drugs are “changing the culture”, making it fashionable to eat more nutrient-dense foods and “adding oxygen to existing trends”.
Dining out: ‘I used to go to a restaurant once a week. Now I don’t’
A survey by research consultancy KAM Insight last year found that nearly a third of people using GLP-1 drugs were going out to eat and drink less often.
Annie Haslam, 70, from Cornwall, has been using weight-loss injections since last March, and is currently spending around £186 a month on the jabs.
“Instead of having takeaways once or twice a month, I haven’t had one for months,” she says. “I used to eat out at a restaurant once a week maybe, I don’t do that any more.”
Sam also says he’s cut down on the number of takeaways he gets, but adds that while he feels healthier, he’s not actually saving any money given the cost of the injections themselves.
And it’s happening in fine dining too. The Michelin-starred restaurant The Fat Duck in Berkshire, run by celebrity chef Heston Blumenthal, has brought out a new menu, which Blumenthal said was for people looking to eat more “mindfully”, including those who are on appetite suppressants.
Drinking: ‘A strong trend towards sobriety’
There’s evidence too that those taking weight-loss drugs drink less alcohol.
A study carried out in February 2025 by consumer research firm Worldpanel by Numerator found a 15-percentage point drop in alcohol volume purchases among households with GLP-1 users compared to a controlled benchmark.
The Co-Op’s food trading director Nicole Tallant told the BBC the supermarket’s members who take weight-loss drugs are “reducing their alcohol intake alongside their consumption intake from food,” adding that “they’re much more concerned with overall health and holistic well-being”.
Recent years have also seen a surge in non-alcoholic drinks options hitting shelves and bars. The British Beer and Pub Association expects a record 200 million pints of low and no-alcohol beer to have been consumed in 2025.
“There’s already quite a strong trend towards sobriety,” says Mintel’s Jonny Forsyth.
“If I was an alcohol company, I’d be a bit worried about this. GLP-1 drugs could give that trend another boost.”
Fashion: A wardrobe that no longer fits
For Annie, one area she couldn’t avoid spending on was clothing. After going from a size 18 to a size 12, she says her old clothes were “literally falling off”.
She estimates that replacing everything, including underwear, probably cost her “a couple of thousand pounds”.
Dan Coatsworth, head of markets at AJ Bell, says that while none of the big fashion retailers on the stock market have explicitly talked about weight-loss drugs in their financial results commentary, in his view, the direction of travel is clear.
The popularity of weight-loss drugs will provide “a massive tailwind (boost) for the fashion sector”, he says.
While it’s unclear how this will present itself, Coatsworth believes second-hand platforms like Vinted, which are already popular, could see even more growth, for people who quite quickly find their wardrobe no longer fits.
Annie Haslam
Annie Haslam had to buy an entire new wardrobe
People who have lost a lot of weight quickly may also find a new sense of confidence and be inspired to “reinvent” themselves by trying new clothes that they wouldn’t have before, says Simone Konu-Rae, a senior lecturer in fashion communication at Central Saint Martins, University of the Arts in London.
“You may not have felt that any of these trends or fashion outlets have been speaking to you, if you were a bigger size,” she says. “So you might shop completely differently.”
Beauty, health and fitness: More people going to the gym
That desire for a new look is also being felt in the beauty and fitness sector.
Market research firm Worldpanel by Numerator’s survey last year suggested a boost in spending on healthcare, toiletries and supplements among people taking weight-loss injections.
Some companies – in the US and now in the UK too – that offer wellness breaks are now advertising specific “retreats” targeting GLP-1 users.
Will Orr, chief executive of The Gym Group, says weight-loss drugs are leading to a greater demand for fitness services as people taking them look to keep the weight off and build muscle mass.
“We have begun educating our trainers on how best to support members on these treatments,” he says.
But he also notes a broader pattern of behaviour that pre-dates weight-loss drugs, calling health, fitness and wellness “juggernaut trends that are not going anywhere”.
That view is echoed by Georgia Stafford, research analyst in the beauty and personal care team at Mintel, who says while GLP-1s are “definitely something on most brands’ radars”, unlike the food industry, beauty brands are yet to launch products in the UK aimed specifically at users of weight-loss drugs.
“There have been some launches in the US,” she says, “but they’re very niche and very expensive,” pointing out that the cost of weight-loss drugs may also lead to people cutting back on spending in other areas.
Instead, she says many products on offer promising plumper skin and fuller hair, often marketed as anti-ageing, will already be aligned with what may appeal to those on weight-loss drugs.
Meanwhile, data from the British Association of Aesthetic Plastic Surgeons indicated there was an 8% rise in demand for facelifts in 2024, with the group’s president saying it was “an extension of a pattern we’ve always observed in post-weight-loss patients” that was “now amplified by the wider use of these medications”.
Additional reporting by Emer Moreau and Kris Bramwell
Famed rock climber Alex Honnold has described some of the things that may work against him in his attempt to free climb one of the world’s tallest skyscrapers this weekend in Taiwan’s capital.
He’s described the possible fatigue presented by the 1,667-foot Taipei 101 skyscraper, which presents a monotonous route upward compared to nature’s infinite obstacles. And he’s loathed the structure’s balconies, which jut out every eight stories.
Then there was a new twist. On Friday night in the United States, Netflix announced weather was behind a 24-hour delay.
Honnold’s free climb, an endeavor to be undertaken without safety rope, got underway shortly after 8 p.m. ET Saturday, a day after originally scheduled.
The climb is a feat, and the 40-year-old seemed to be ready and focused.
“I try to take some deep breaths, compose myself, take some time,” Honnold said in a Netflix statement. “There’s never any time pressure, so you can spend as long as you need just hanging in one space basically trying to compose yourself.”
A little more than an hour into the climb, Honnold was nearing the top of the building.
The California native who attended UC Berkeley has been climbing since age 11, he’s told interviewers, including Oprah Winfrey. In 2017 he solo climbed Yosemite’s 3,000-foot El Capitan, a feat that became the denouement in “Free Solo,” which won the Academy Award for Best Documentary in 2019.
His official bio notes that he’s also accomplished a “triple solo” free climb of Mt. Watkins, Half Dome and El Capitan within 24 hours. He has also explored the natural, vertical features of Antarctica, South America, Greenland and elsewhere, it says.
Honnold said he believes Taipei 101 will present its own opposition.
“The challenge comes from the overall physicality of it,” he said in another Netflix statement. “The fatigue that [sets in] over the course of the building is slightly harder to anticipate. I don’t know how it’s gonna feel.”
He said, in part, “there’s a plan and I’m executing the plan.”
Sterling K. Brown is opening up about what has sustained his marriage to Ryan Michelle Bathé as the couple approaches a major milestone.
The actor, 49, recently shared a grounded perspective on long-term commitment ahead of their 20th wedding anniversary.
Speaking during a live taping of That Was Us, the rewatch podcast for This Is Us, on January 17, Brown discussed the ups and downs of fictional marriages on the show with former costars Mandy Moore and Chris Sullivan.
“I celebrate 20 years of marriage in March,” Brown said, referring to Bathé, whom he called “the love of my life.”
He explained that the foundation of their relationship isn’t perfection, but persistence. He said the reason their marriage has endured is that they continue choosing each other, even when things aren’t easy.
The actor also insisted that compatibility doesn’t mean constant harmony. He rather described marriage as an ongoing decision to show up, adapt, and commit, particularly during imperfect moments. That mindset, he suggested, has helped them grow together rather than apart.
Brown and Bathé first met as students at Stanford University in the 1990s. They dated on and off throughout college before parting ways after graduating in 1998. Years later, they reconnected and ultimately eloped in 2006 with a larger wedding ceremony the next year.
The couple went on to welcome two sons, Andrew in 2011 and Amaré in 2015.