Latest in Ford’s cutting jobs in Germany. Scholz wants Europe to step in.
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Scholz Calls for Confidence Vote, in Step Toward German Elections
Chancellor Olaf Scholz, who had few alternatives after his three-party coalition broke up, is widely expected to lose when Parliament takes up the measure on Monday.The New York Times - 6h -
Scholz sets Germany on course for an early election as he requests a confidence vote next week
Chancellor Olaf Scholz has formally set Germany on course for an early election by requesting a confidence vote in parliament next weekABC News - 13h -
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 - 13h -
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 - 9h -
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‘She is single and has a low-wage job’: I want to give my daughter, who is in her 30s, $50,000 for retirement. What could go wrong?
“She can invest aggressively, as she has over two decades to see her principal grow.”MarketWatch - 1d -
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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 - 1d -
UK and Germany sign deal against people smugglers as Europe struggles to halt Channel crossings
The U.K. and Germany have pledged to share intelligence and expertise against the people-smuggling gangs that send migrants across the English Channel in small boatsABC News - 1d -
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Search for missing man near ford flooded in storm
Northumbria Police says searches continue after reports of concern for welfare of a man in his 40s.BBC News - 1d -
I want a top international coaching job – but not Wales, admits Ronan O’Gara
La Rochelle coach has won two Champions Cup titles ‘I’d prefer Ireland, England or France,’ says former fly-half Ronan O’Gara has declared his interest in taking a top international coaching ...The Guardian - 2d -
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Bill Belichick open to taking UNC job after second meeting with school, doesn't want to be shut out of job
The six-time Super Bowl champion doesn't want to be shut out again this coaching cycleCBS Sports - 3d -
Europe's economy needs help. Political chaos in France and Germany means it may be slower in coming
Europe's economy has enough difficulties, from tepid growth to trade tensions with the U.S. Dealing with those woes is only getting harder due to the political chaos in the two biggest European ...ABC News - 3d -
Want a Job in the Trump Administration? Be Prepared for the Loyalty Test.
Applicants for government posts, including inside the Pentagon and the intelligence agencies, say they have been asked about their thoughts on Jan. 6 and who they believe won the 2020 election.The New York Times - 4d -
Playing political footsie with Trump 2.0 won’t cut it for Europe. It’s time to get tough | Simon Tisdall
The world must prepare for a US president who will be even more chaotic and less open to diplomacy and compromise than before. Sucking up to Donald Trump is the order of the day as the European ...The Guardian - 4d -
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DOGE's Musk, Ramaswamy want Congress to pass huge spending cuts. That's a tough sell
Congress' enthusiasm for smaller government is tempered by the difficulty of agreeing on what to cut.CNBC - 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 -
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 - 5d -
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 - 5d -
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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 -
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 -
JetBlue cuts more unprofitable routes, tweaks Europe flights
JetBlue is in the middle of a new plan to return to consistent profitability and cut costs.CNBC - 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 -
Lincoln Riley a reported target for UCF job as some in industry wonder if Riley wants soft exit from USC
The USC coach has a massive contract but finished the 2024 season at 6-6CBS Sports - Dec. 4 -
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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