Latest in German defence groups turn to car supplier layoffs to meet soaring demand
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FCC demands CBS News turn over '60 Minutes' interview amid Trump lawsuit
The latest development comes as Paramount Global lawyers engaged in preliminary talks to settle the lawsuit Trump filed in October over his objection to edits to the '60 Minutes' interview with ...Los Angeles Times - 12h -
German defence groups turn to car supplier layoffs to meet soaring demand
Air defence radar maker Hensoldt offers to hire laid off engineers from Bosch and Continental as automotive job cuts riseFinancial Times - 20h -
Big majority of EU leaders demand EIB further ease defence spending rules
Also in this newsletter: Is Belgium finally going to form a government?Financial Times - 1d -
UK ministers demand safety for defence groups at university job fairs
Defence secretary John Healey says industry recruiters face ‘harassment and intimidation’ on campusFinancial Times - 3d -
German demand soars for Russian LNG via European ports
Deals from hubs such as Dunkirk show difficulty of tracing Russian gas after Berlin eschewed direct shipmentsFinancial Times - 3d -
German leftist leader vows to block higher defence spending
Sahra Wagenknecht says taking on more debt to help Ukraine ‘out of the question’ if BSW enters Bundestag next monthFinancial Times - 4d -
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Lithuania and Estonia pledge to meet Donald Trump’s 5% target on defence spending
EU states to boost military plans as they deal with Russia’s invasion of UkraineFinancial Times - 5d -
Bridgestone announces a tire plant closure in Tennessee with 700 layoffs and other reductions
NASHVILLE, Tenn. — Tire manufacturer Bridgestone Americas is closing its LaVergne, Tennessee, truck and bus radial tire plant and laying off 700 workers there, the company announced in a news release.NBC News - 6d -
Canada to Review Amazon Contracts After Quebec Layoffs
Canada has warned Amazon.com that it is reviewing business ties with the company’s cloud-computing unit following Amazon’s decision to shut down its warehouses in Quebec, leading to the layoff of ...The Wall Street Journal - Jan. 23 -
When peak Chinese oil demand meets ‘drill, baby, drill’
Trump’s slogan is a bet on the energy status quo, not on the futureFinancial Times - Jan. 23 -
CNN announces about 200 layoffs as it attempts to modernize business
Both CNN and NBC News are planning layoffs this week as newsrooms transition away from linear TV toward digital audiences.CNBC - Jan. 23 -
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Korea Zinc Shareholder Meeting Takes a Dramatic Turn
An eventful shareholder meeting provided the latest twist in the dispute between the families whose deceased patriarchs founded the company 50 years ago.The New York Times - Jan. 23 -
Scholz's challenger demands tougher migration rules as knife attack spills into German election
Germany’s opposition leader has vowed to bar people from entering the country without proper papers and to step up deportations if he is elected as chancellor next month, as a knife attack by a ...ABC News - Jan. 23 -
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SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.CNBC - Jan. 23 -
South Carolina to Reboot Giant Nuclear Project to Meet AI Demand
Santee Cooper is working with bankers to solicit interest in V.C. Summer.The Wall Street Journal - Jan. 22 -
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GDC survey reveals a rocky year of layoffs and AI skepticism for game developers
The 2025 GDC survey revealed the impact of industry-wide layoffs in 2024 where one of every 11 game developers lost a job.VentureBeat - Jan. 21 -
Unknown 9 Deemed A "Failure" As Developer Cancels Future Project And Confirms Layoffs
Unknown 9: Awakening developer Reflector Entertainment has deemed its first game as a failure and has canceled a future project, resulting in layoffs.. "This decision correlates directly with the ...GameSpot - Jan. 21 -
Anti-poverty group says billionaires' wealth soared in 2024 as the elites prepare for another Davos
Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990ABC News - Jan. 19 -
Last orders? Soaring costs and declining demand take toll on Japan’s legendary izakaya
Ramen restaurants also struggling as Japan’s culinary landscape faces economic challenges and changing customer behaviour. In the bowels of a commercial building in Tokyo’s Shinbashi neighbourhood ...The Guardian - Jan. 18 -
The Trevor Project to undergo layoffs and restructuring in major ‘transformation’
The Trevor Project, a national LGBTQ youth suicide prevention and crisis intervention organization, announced Friday that it will undergo a “transformation” that will include layoffs and ...NBC News - Jan. 17 -
Meta to Cut 5% of Its Workers in New Round of Layoffs
The layoffs come as Mark Zuckerberg pushes to remake his company for the Trump era and prepares to co-host a gala for the president-elect’s inauguration.The New York Times - Jan. 14 -
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Asset managers turn to defensive positioning as equity prices soar
Elevated level of stocks and prospect of higher for longer rates have some firms sending up caution flaresFinancial Times - Jan. 13 -
Family's abandoned train car turned Airbnb brings in up to $110,000 a year: 'Our dreams were surpassed'
Isaac French and his family converted a 1909 train car into an Airbnb that earned about $110,000 in 2024.CNBC - Jan. 11 -
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Meta’s factchecking partners brace for layoffs
Meta has provided over $100m for certified organizations to conduct factchecks on its platforms since 2016. Mark Zuckerberg’s decision to end factchecking on Facebook and Instagram in the US ...The Guardian - Jan. 8 -
Panama Canal CEO Says Meeting Trump's Demands 'Will Lead to Chaos'
The canal executive said China doesn’t control route and U.S. ships can’t get better rates than others.The Wall Street Journal - Jan. 8 -
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Alaba back in Madrid squad after year-long layoff
David Alaba has returned to the Real Madrid squad ahead of the Spanish Supercopa semifinal against Mallorca following a year-long layoff due to injury.ESPN - Jan. 7 -
'My son thinks I'm mad' - meet the woman who owns 50 classic cars
Jane Weitzmann has a collection of 50 classic cars at home and freely admits it's an obsession.BBC News - Jan. 4 -
Europe readies for scattergun defence-spend bonanza
Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spreadFinancial Times - Jan. 4 -
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