Germanys Car Sector Layoffs Could Fill Skill Shortages in Midcap Firms Deutsche Bank Ceo Says
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'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
Democrats says "wealthy tax dodgers" could see less IRS scrutiny amid agency layoffs. Here's what to know.CNBC - 4h -
‘Nuclear bomb’ ruling on car finance could spur UK bank deals
Consolidation is back on the agenda for industry as bankers eye more mergers and acquisitionsFinancial Times - 1d -
Tariffs could make some popular side hustles and small businesses harder to run: 'The expenses have already started,' CEO says
The Trump administration's China tariffs could have an unintended consequence, some CEOs say: a higher barrier to entry for American entrepreneurs.CNBC - 1d -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - 1h -
Why Workday’s CEO Made a Tough Layoff Decision to Invest in AI
Carl Eschenbach explains how workers—including CEOs—can coexist with AI.Inc. - 1d -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.”NBC News - 2h -
Trump Targeting Law Firms Raises Constitutional Concerns
The way Trump targeted the firms could go against of the U.S. Constitution’s First Amendment.Inc. - 1d -
Japan's Nissan tests driverless vehicles in city streets filled with cars and people
Nissan Motor Corp. recently showcased its driverless technology on city streets in YokohamaABC News - 1d -
More NOAA cuts, 1,000 layoffs expected, sources say
National Oceanic and Atmospheric Administration (NOAA) employees are expecting more layoffs at the agency, sources say. This comes after drastic cuts as part of President Trump's measures to shrink ...CBS News - 1d -
How Elon Musk's Trump support could hurt — or help — Tesla
Elon Musk is both the CEO of the largest U.S. EV maker and the right-hand-man to President Donald Trump. Bears say it's a disaster for Tesla, bulls say a boon.CNBC - 4h -
Airline CEOs warn domestic travel demand is slowing
Airline CEOs say economic uncertainty and a drop in government travel is driving down domestic travel demand.CNBC - 36m -
UK watchdog tells banks to prepare for redress scheme on car loans
FCA to announce decision on compensation within six weeks of court rulingFinancial Times - 9h -
A new car costs nearly $50,000 on average: Here’s how much you'd pay per month
The cost of a new car could set you back $1,000 per month—here’s how to lower costs.CNBC - 3d -
Germany to reach out to France and UK over sharing of nuclear weapons
But Friedrich Merz cautions such a move could not replace the US’s existing protective shield over Europe. Germany’s chancellor-to-be, Friedrich Merz, has said he will reach out to France and ...The Guardian - 2d -
Kohl’s stock tumbles on weak outlook as sales slide. Retailer is taking action, CEO says.
Kohl’s CEO Ashley Buchanan says that the company has “identified key areas of focus.”MarketWatch - 5h -
Private equity could lift UK property out of the bargain basement
There is not much to impede the assault by nimble buyout firmsFinancial Times - 1d -
Child deaths surge amid ‘Gazafication’ of West Bank, report says
Palestinians facing mass displacements, airstrikes and rise in attacks on children and other civilians, rights group says. Israel has brought the military tactics of its war in Gaza to the occupied ...The Guardian - 1d -
Trump’s Tariffs Could Help Tesla, by Hurting Its Rivals More
The electric car company led by Elon Musk builds all the cars it sells in the United States in California and Texas, shielding it from tariffs that could devastate competitors.The New York Times - 3d -
L'Oreal CEO plays down the impact of U.S. tariffs, says he's 'not overly concerned'
L'Oreal CEO Nicolas Hieronimus said he is "not overly concerned" over the impact of White House tariffs on the company.CNBC - 4h -
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...NBC News - 2d -
Rams free agency needs: L.A. could be targeting a big-name cornerback
With plenty of salary-cap space to work with, Rams general manager Les Snead could target free-agent wide receiver Stefon Diggs or Davante Adams to fill the Cooper Kupp void.Yahoo Sports - 2d -
France and Germany clash over ‘buy EU’ weapons
Berlin says new €150bn funding for defence industry should be open to non-EU partners, but Paris disagreesFinancial Times - 3d -
USDA halts more than $1B in funding for local food banks, schools
The U.S. Department of Agriculture (USDA) says it has nixed more than $1 billion in funding for local food banks and schools by terminating two programs that aid state, tribal and territorial ...The Hill - 3h -
Explosives-filled caravan planted by criminals to play on fears of antisemitic attacks, Australian police say
A fake plan to attack a Sydney synagogue using a caravan of explosives was fabricated by an organized crime network in order to divert police resources, Australian police said.NBC News - 1d -
Undocumented Workers, Fearing Deportation, Are Staying Home
Fearing roundups, many immigrants are staying home. Construction, agriculture, senior care and hospitality employers say labor shortages will worsen.The New York Times - 16h -
Can Germany spend its way out of industrial decline?
Chancellor-to-be Friedrich Merz wants to expand investment in defence and infrastructure. The race to re-arm could be a much-needed boost for manufacturingFinancial Times - 3d -
Germany can spend almost €2tn without harming growth, economists say
FT survey finds ‘large fiscal capacity’, but economists urge would-be chancellor Friedrich Merz to spend funds wiselyFinancial Times - 1d -
Germany must rebuild military conscription system, commissioner says
Yahoo News - 7h -
European Commission raids drinks groups over possible competition law breaches
Officials said that suspected breaches in the ‘non-alcoholic drinks sector’ could still be ongoingFinancial Times - 23h -
Ice accessed car trackers in sanctuary cities that could help in raids, files show
Westchester county has laws limiting cooperation, but Ice has accessed trove of data that holds license plate readers. As Donald Trump’s administration ramps up its crackdown on undocumented ...The Guardian - 7h -
Tariffs are 'lose-lose' for U.S. jobs and industry, economist says: 'There are no winners here'
Tariffs aim to insulate certain sectors from foreign competition. But evidence shows they often end up losing U.S. jobs.CNBC - 1d -
Man forced to pay dead father's £3,000 car fines
Gary Davies says Birmingham City Council did not believe that his father had died.BBC News - 1d -
U.S. could reach deal with Canada that avoids oil and gas tariffs, energy secretary says
Energy Secretary Chris Wright said the U.S. could strike a deal that spares Canadian oil and gas from tariffs, but "it's too early to say."CNBC - 22h -
Elon Musk's feud with OpenAI CEO Sam Altman, explained
Elon Musk's legal dispute against OpenAI could affect the future of one of the most prominent leaders in artificial intelligence.Los Angeles Times - 1d -
A cache of explosives in Sydney provoked antisemitic terrorism fears. Police now say it was faked
Police in Australia say an explosives-filled trailer that politicians earlier described as an antisemitic terrorism plot and a foiled mass casualty event was staged by criminals in a complicated hoaxABC News - 1d -
How bad could the North Sea tanker collision be for the environment?
An environmental group in the U.K. says the North Sea tanker collision could become a "disaster in really important protected areas."CBS News - 2h -
Lego Could Make A Big Change To Future Video Games
According to the CEO of The Lego Group, the company may begin developing some video games internally. Niels Christiansen, who has been Lego's CEO since 2017, said in an interview that the company ...GameSpot - 6h -
Christians Are Pressing Trump to Clear a Path for Israel to Annex the West Bank
Some 80 percent of white, evangelical Christians voted for President Trump. Now, some want a policy change that could undermine a future Palestinian state.The New York Times - 2d -
USDA cancels $1 billion in local meal funding for schools and food banks
The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.CBS News - 37m -
RFK Jr. could further deter childhood vaccinations as rates fall in the U.S.
Some health policy experts say Kennedy's early moves as HHS Secretary are concerning and suggest that he could undermine immunizations in less direct ways.CNBC - 2d