GM cuts 50% of Cruise staff after ending robotaxi business

• England’s councils expected to cut contributions to staff pensions

  Local government scheme is in surplus by £85bn, according to consultant Isio
  
  Financial Times - 1d

• UPS to cut its Amazon business by more than 50%. Here’s why.

  Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an agreement that would cut its business with Amazon.com Inc., its largest ...
  
  MarketWatch - 4d

• CDC staff ordered to cut off communication with WHO

  The directive to the CDC to halt communications with the World Health Organization was imposed to comply with President Trump's executive order.
  
  CBS News - Jan. 27

• Avs GM: Trading Rantanen a 'business decision'

  Colorado Avalanche GM Chris MacFarland said trading Mikko Rantanen to the Carolina Hurricanes was a "tough business decision," calling the star winger a "superstar human being."
  
  ESPN - Jan. 25
• 

  UK competition regulator to cut staff after ‘budgeting error’

  Voluntary exit scheme comes as CMA reels from government’s ousting of its chair
  
  Financial Times - Jan. 23
• 

  2 Families, in Business 50 Years, Fight for Control of Korea Zinc

  Control of Korea Zinc, the world’s largest producer of zinc, is at stake in a battle challenging the country’s entrenched chaebol system of powerful conglomerates.
  
  The New York Times - Jan. 22
• 

  Trio of Penn State stars to return for 2025 season with 'unfinished business' after playoff run ends

  Nick Singleton and Kaytron Allen will be back for PSU next season after both cleared 1,000 yards rushing in 2024
  
  CBS Sports - Jan. 14
• 

  LA tech entrepreneur nearly misses flight after getting trapped in robotaxi

  Mike Johns’ self-driving car started circling a parking lot, but he recognizes there are ‘glitches that need stitches’. A tech entrepreneur based in Los Angeles became trapped in a malfunctioning ...
  
  The Guardian - Jan. 6

More from CNBC

• The Fed could find itself in a policy Catch-22 if tariffs spike inflation and slow growth

  Many economists expect the tariffs both to raise prices and shave the pace of gross domestic product.
  
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• Alphabet to report Q4 earnings after the bell Tuesday

  Google is slated to report fourth-quarter earnings on Tuesday after the close of regular trading.
  
  CNBC - 3h

• Job openings decline sharply in December to 7.6 million, below forecast

  Openings slid in December while hiring, voluntary quits and layoffs held steady, the Labor Department reported Tuesday.
  
  CNBC - 3h

• Trump administration sued over FBI Jan. 6 questionnaires, FDA clinical data removal

  One lawsuit accuses the Trump DOJ of compiling retaliation lists. Another claims the CDC and other agencies deleted medical data that doctors relied upon.
  
  CNBC - 17m

• Stripe closes $1.1 billion Bridge deal, prepares for aggressive stablecoin push

  Stripe has closed its acquisition of Bridge Network, and executives are gearing up to make a big splash in the growing stablecoin market.
  
  CNBC - 8m

More in Business

• The bond market is signaling two things about Trump’s second term

  President Trump’s trade-war tactics have been tough for investors to parse, especially as stocks zigzagged to start the week amid mixed message from the bond market.
  
  MarketWatch - 8m

• Stripe closes $1.1 billion Bridge deal, prepares for aggressive stablecoin push

  Stripe has closed its acquisition of Bridge Network, and executives are gearing up to make a big splash in the growing stablecoin market.
  
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• Vaccine stocks fall as Senate panel advances RFK Jr.'s nomination for HHS secretary

  Shares of Moderna, BioNTech, Novavax, GSK and Pfizer fell on Tuesday following the vote.
  
  CNBC - 16m

• Trump administration sued over FBI Jan. 6 questionnaires, FDA clinical data removal

  One lawsuit accuses the Trump DOJ of compiling retaliation lists. Another claims the CDC and other agencies deleted medical data that doctors relied upon.
  
  CNBC - 17m

• The Fed could find itself in a policy Catch-22 if tariffs spike inflation and slow growth

  Many economists expect the tariffs both to raise prices and shave the pace of gross domestic product.
  
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