Latest in Effort to cut federal workforce takes aim at key US jobs engine
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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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For more out-of-work Americans, it's taking months to find a new job
A growing number of unemployed workers have been searching for a new job for more than 15 weeks, labor data shows.CBS News - 6d -
Elon Musk-led effort to cut federal workforce risks stifling labour market
Plus, does Trump spell good news for bankers?Financial Times - 6d -
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 - 6d -
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 - 6d -
Marc Andreessen helps to recruit staff for Musk’s US cost-cutting body
Venture capitalist has role in interviewing and identifying candidates for new Department for Government EfficiencyFinancial Times - 6d -
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 - 6d -
Starmer to take aim at Whitehall with new UK ‘mission’ targets
Prime minister will outline milestones as he faces plunging poll ratingsFinancial Times - Dec. 4 -
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 -
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China bans exports of key microchip elements to US as trade tensions escalate
Semiconductor restrictions on China announced by Washington a day earlier prompt retaliation involving critical minerals including gallium and germanium . The Chinese government has said it will ...The Guardian - Dec. 4 -
OpenAI Poaches 3 Top Engineers From DeepMind
The new hires, all experts in computer vision, are the latest AI researchers to jump to a direct competitor in an intensively competitive talent market.Wired - Dec. 4 -
China bans exports of key high-tech materials, hitting back at US chip sanctions
China has announced a ban on exports to the United States of gallium, germanium and other key high-tech materials with potential military applicationsABC News - Dec. 3 -
Trump takes aim at US Steel deal
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump says he'll block Nippon Steel-U.S. Steel deal President-elect Trump vowed ...The Hill - Dec. 3 -
FTC takes action against location data companies accused of unlawfully using consumer info
The Federal Trade Commission announced that it is taking action against two location data companies after it said that they unlawfully tracked and sold private consumer information.NBC News - Dec. 3 -
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Job openings totaled 7.74 million on the month, up 372,000 from September.CNBC - Dec. 3 -
Job openings jumped and hiring slumped in October, key labor report for the Fed shows
Available jobs rose in October while hiring fell during a month in which payrolls growth hit their lowest level in nearly four years, the Bureau of Labor Statistics reported Tuesday.NBC News - Dec. 3 -
China responds to US chip sanctions, banning exports of key minerals
China has banned exports of some rare minerals to the United States as tensions over trade heat up after the U.S. issued new restrictions on exports of certain semiconductor chips and equipment to ...The Hill - Dec. 3 -
Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits
Company is at loggerheads with Italian government, which claims it has not invested enough in the country. Business live – latest updates The Italian prime minister, Giorgia Meloni, has said ...The Guardian - Dec. 3 -
This 22-year-old once dreamt of becoming a software engineer—instead, she just directed her first TV commercial
Ash Xu once thought she'd grow up to be a software engineer. Instead, the 22-year-old is fresh off directing her first TV commercial.CNBC - Dec. 3 -
Nomura CEO to take pay cut after ex-staffer charged with attempted murder
Nomura’s CEO Kentaro Okuda offered his “deepest apologies” in the wake of the incident that saw one of the bank’s former employees charged with attempted murder, robbery, and arson of an inhabited ...MarketWatch - Dec. 3 -
Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients. Business live – latest updates The boss of the Japanese bank Nomura has ...The Guardian - Dec. 3 -
Restoring Nomura’s credibility will take more than pay cuts
Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequencesFinancial Times - Dec. 3 -
China bans exports to the US of gallium and other key materials after the US curbs computer chip-related exports
China bans exports to the US of gallium and other key materials after the US curbs computer chip-related exportsABC News - Dec. 3 -
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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 -
Starmer rejects false choice between Trump’s US and EU in key speech
At lord mayor’s banquet in London, British PM says ‘national interest demands that we work with both’. Keir Starmer has “utterly rejected” the idea that the UK must choose between the United States ...The Guardian - Dec. 2 -
How This Engineer Entrepreneur Scaled STEAM Education for Kids
At Jenny Young’s growing Brooklyn Robot Foundry, budding tinkerers get hands-on training to create the technology of the future.Inc. - Dec. 2 -
Dillon Gabriel, an extra year in his pocket, takes aim at Case Keenum's career passing record: 'Is he mad?'
Count Keenum as a fan of Gabriel, and of the times he's lived throughCBS Sports - Dec. 2