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Cabinet Office to cut 400 jobs in effort to streamline department
Full-time headcount has almost tripled in the past decadeFinancial Times - 4h -
Vestas to Cut Jobs at U.K. Factory
Vestas Wind Systems could cut hundreds of jobs at its Isle of Wight factory as it plans to repurpose the site to manufacture onshore turbine blades.The Wall Street Journal - 1d -
Elon Musk's net worth tops $400 billion, a first for any person
Tesla CEO Elon Musk is now worth more than $400 billion, according to Bloomberg News. Here's how his wealth stacks up.CBS News - 18h -
Xbox App Just Added 400 PC Games And Microsoft Wants More
Microsoft has announced its ambition to bring all PC games with Xbox features into the Xbox app, and those plans continue today with the addition of over 400 games.. Xbox's Chris Charla shared the ...GameSpot - 19h -
More than 10,000 UK civil service jobs to be cut
Voluntary redundancies expected across Whitehall as departments respond to chancellor’s spending reviewFinancial Times - 22h -
Government department spends £1,200 on two folders
It comes as Chancellor Rachel Reeves asks departments to highlight savings they can make in the next few years.BBC News - 1d -
Ford’s cutting jobs in Germany. Scholz wants Europe to step in.
German chancellor Olaf Scholz called for subsidies for battery makers to protect jobs and drive the transition towards “electromobility”MarketWatch - 2d -
Good luck reforming the Department of Defense
Reforming and transforming the Department of Defense are aspirations, not actions.The Hill - 2d -
Abolishing the Department of Education will not be easy
The Constitution does not empower the federal government to fund schooling.The Hill - 2d -
Trump's Cabinet woes are back, earlier than ever
President-elect Donald Trump could break the record for most failed Cabinet nominations to start a term.ABC News - 2d -
NFL to hold accelerator program this week as league continues to promote diversity in front-office jobs
This year's program begins Monday and runs through Wednesday afternoonCBS Sports - 3d -
Trump names several picks for State Department roles
President-elect Trump named several high-level picks for the State Department on Sunday. In several posts on Truth Social, Trump shared the new positions to work under his nominated Secretary of ...The Hill - 3d -
The U.S. Couple Donating to Notre-Dame Restoration Efforts
A couple from North Carolina are part of the second-largest group of donors to the huge fund-raising effort to restore the famous cathedral: Americans.The New York Times - 4d -
Ukraine’s Aggressive Draft Efforts Are Facing a Backlash
After being left for dead by Russian soldiers, Mykola Kulichenko doesn’t think he should be forced to serve. His experience highlights the vagaries of Ukraine’s aggressive mobilization.The New York Times - 4d -
A Mural, and the Heroic Efforts to Save It
When Pfizer moved to a new building in Manhattan last year, it left behind artwork that had hung in its lobby for 63 years. Not everyone was pleased.The New York Times - 4d -
Trump's billionaire Cabinet
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story The billionaires stocking Trump’s next administration President-elect Trump made ...The Hill - 5d -
The Kennedy Center’s Chairman Won’t Depart After All
As the nation’s capital prepares for a second Trump administration, the performing arts center announced that its chairman would not step down in January as planned.The New York Times - 5d -
Treasury yields end at lowest levels since October as jobs data reinforce December rate-cut expectations
Treasury yields finished broadly lower on Friday, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced the view of many market participants ...MarketWatch - 5d -
A $400 Billion Clean Energy Program Is Racing to Get Money Out the Door
Some fear Donald Trump could freeze the Energy Department’s loan office, which supports electric vehicles, geothermal, nuclear and other novel technologies.The New York Times - 6d -
Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened
Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...The Guardian - 6d -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - 6d -
More than 400 chemicals in plastic products linked to breast cancer – study
Exposure to these toxic compounds, found in everyday items, could be elevating cancer risk in young women. More than 400 chemicals regularly used in everyday plastic products are linked to breast ...The Guardian - 6d -
Ending Trump’s 2017 Tax Cuts Won’t Effect GDP, Budget Office Finds
Key provisions of the returning president’s 2017 Tax Cuts and Jobs Act will expire next year if Republicans don’t renew them.Inc. - 6d -
Vance to tour Helene recovery efforts in North Carolina
Vice President-elect JD Vance is expected to travel Friday to Fairview, North Carolina, to survey Hurricane Helene recovery efforts.NBC News - 6d -
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Trump’s Cabinet Will Be an Embarrassment of Wretches
The onslaught of awful makes bad look good.The New York Times - 6d -
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Elon Musk-led effort to cut federal workforce risks stifling labour market
Plus, does Trump spell good news for bankers?Financial Times - Dec. 5 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
Effort to cut federal workforce takes aim at key US jobs engine
Government and healthcare have emerged as biggest source of American employment, particularly for knowledge workersFinancial Times - Dec. 5 -
Airbus to Move Ahead With 2,000 Job Cuts at Defense and Space Business
The cuts amount to around 5% of the division’s workforce, fewer than the up to 2,500 positions Airbus had initially sought to eliminate two months ago.The Wall Street Journal - Dec. 5 -
Airbus cuts nearly 500 UK jobs to reduce costs
It has made the cuts mostly to its space division and says there are no "compulsory" losses planned.BBC News - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
Monster Hunter Wilds Doesn't Sacrifice Depth In Streamlining The Experience
Buried under Capcom's Osaka, Japan headquarters is a small foley studio. Dozens--if not hundreds--of shoes are tucked into cubbies outside the door. Inside, the space looks more like an antique ...GameSpot - Dec. 3 -
Trump’s controversial cabinet picks prep for confirmation hearings
President-elect Trump’s controversial cabinet nominees are making the rounds on Capitol Hill to meet with lawmakers as their confirmations near. Meanwhile, Trump has announced that his first trip ...NBC News - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
Who is new Cabinet Secretary Chris Wormald?
Prime Minister Sir Keir Starmer says his new pick will be able to re-wire the British state.BBC News - Dec. 2