Google employees petition for 'job security' ahead of expected cuts

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  Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

  Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday.
  
  NBC News - 5d
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  Trump cuts Fauci's security detail

  President Trump on Friday defended the removal of Dr. Anthony Fauci’s security detail, suggesting former government officials should not get indefinite security, even as Fauci and others whose ...
  
  The Hill - 6d

• Adidas to cut up to 500 jobs after posting better-than-expected holiday profits

  Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.
  
  CNBC - Jan. 23
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  Starbucks Expecting Job Cuts by March

  Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.
  
  The Wall Street Journal - Jan. 17

• Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble

  Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.
  
  CNBC - Jan. 16
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  BP to cut 4,700 jobs to reduce costs

  The job losses at the oil giant will affect more than 5% of its global workforce.
  
  BBC News - Jan. 16
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  TikTok Says U.S. Employees Will Have Jobs Even if the App Is Banned

  The company is awaiting a decision over the constitutionality of a new law that aims to force a sale of the app to a non-Chinese owner under the threat of a ban.
  
  The New York Times - Jan. 15
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  Lloyds to cut 500 jobs and close two offices

  UK bank to review more than 1,500 jobs across multiple departments
  
  Financial Times - Jan. 15

• December jobs report exceeds expectations

  The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.
  
  CBS News - Jan. 10

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• UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

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• RFK Jr. stumbles over basics of Medicare, Medicaid during Senate confirmation hearings

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• Pending home sales drop sharply in December as mortgage rates surge back over 7%

  Pending home sales in the U.S. fell in December as mortgage rates climbed again.
  
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More in Business

• F.C.C. Chair Orders Investigation Into NPR and PBS Stations

  Brendan Carr, the chairman of the Federal Communications Commission, recently expressed concern about NPR and PBS’s sponsorships.
  
  The New York Times - 3m

• Denver awarded NWSL's 16th franchise at record $110 million expansion fee

  The latest NWSL team sale demonstrates the health of professional women's soccer.
  
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  U.S. Sues to Block Tech Deal in First Antitrust Action of Trump Term

  The challenge to Hewlett Packard Enterprise’s acquisition of Juniper Networks came as many in corporate America had expected a lighter touch under a new administration.
  
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• 67 believed dead after American Airlines plane collides with Army helicopter

  An American Airlines regional jet collided with a helicopter near Ronald Reagan Washington National Airport.
  
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• Trump lashes out at Biden, DEI efforts after D.C. plane crash

  President Donald Trump blasted former President Joe Biden and Democratic diversity measures after a midair collision above Washington, D.C.
  
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