Latest in Germany faces jobs crisis ‘of a thousand cuts’
Sort by
509 items
-
Small-cap stocks face heightened risk with rate cuts in question, warns BofA
The recent selloff in small-cap stocks left the Russell 2000 index in correction territory.MarketWatch - 1d -
Gazprom considers record job cuts as Ukraine war ravages finances
Russian energy group hit by plummet in European gas sales and oil sanctions, putting 1,600 jobs on lineFinancial Times - 2d -
Arteta calls loss to Man Utd one in a thousand
Mikel Arteta has described Arsenal's FA Cup third-round defeat to Manchester United as a "one in a thousand" occurrence after losing in a dramatic penalty shoot-out at Emirates Stadium.ESPN - 2d -
Tens of thousands displaced from wildfires
Thousands of people in California are rushing to find a place to sleep after mass evacuations and homes were destroyed. NBC News’ Morgan Chesky reports.NBC News - 3d -
Thousands of Providence Health Workers Strike in Oregon
This is a MedPage Today story. Nearly 5,000 healthcare workers from Providence Health began a strike Friday morning, picketing all eight Providence hospitals in Oregon, after months of contract ...ABC News - 3d -
-
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - 4d -
Lawmakers to address college sports NIL 'crisis'
Texas Sen. Ted Cruz said helping the NCAA regulate the booming athlete NIL market will be a "major" priority for the Senate Commerce Committee this session.ESPN - 4d -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - 4d -
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.CNBC - 5d -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - 5d -
California Wildfires Lay Bare an Insurance Crisis
Even before the latest blazes, California officials warned that an emergency state insurance fund was in trouble, while private insurers dropped coverage.The New York Times - 5d -
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.NBC News - 5d -
Among tens of thousands of displaced Angelenos, celebrities face the same devastating losses
Paris Hilton, Mandy Moore, Jeff Bridges, Mel Gibson and Britney Spears are among the many L.A. County residents affected by the destruction of historic fires.Los Angeles Times - 5d -
YMCA helps Virginia residents enduring water crisis
Residents in Richmond, Virginia, are still without running water after a storm knocked out power at a treatment facility. Jody Alexander, the president of the YMCA of Greater Richmond, joins CBS ...CBS News - 5d -
-
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - 5d -
Microsoft confirms performance-based job cuts across departments
Microsoft said it's cutting a small percentage of jobs across departments, based on performance.CNBC - 6d -
Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.MarketWatch - 6d -
Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premisesFinancial Times - 6d -
World Anti-Doping Agency faces crisis after US government withholds funding
US Anti Doping Agency says move ‘protects athletes’ Wada retaliates by barring US from key committees The World Anti-Doping Agency (Wada) is facing a crisis after the US government defaulted on ...The Guardian - 6d -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - 6d -
California Fires: Thousands Face Evacuation Across LA Area
Three fires prompted fire officials to issue a swath of evacuation orders and warnings for some of the city’s most heavily residential areas.The New York Times - Jan. 8 -
Disaster by the Numbers: The Crisis in Sudan
The United States just formally declared that genocide has taken place in the northeast African nation, but the calamity there dates back decades.The New York Times - Jan. 7 -
Los Angeles Fires Force Thousands to Evacuate
Also, Trump suggested expanding the U.S. Here’s the latest at the end of Tuesday.The New York Times - Jan. 7 -
Thousands without water in Republic of Ireland
Irish national weather forecaster Met Éireann has issued a fresh orange warning in the Republic.BBC News - Jan. 7 -
Thousands expected to pay respects to Jimmy Carter in the Capitol
Despite winter weather delays, Jimmy Carter will be moved from his home state of Georgia to Washington D.C. where he will lie in state at the U.S. Capitol before his public funeral on Thursday. NBC ...NBC News - Jan. 7 -
Winter storm disrupts thousands of U.S. flights
The Washington, D.C., area had the bulk of the day's cancellations from the winter storm.CNBC - Jan. 6 -
5 things to know about Canada's political crisis
Canadian Prime Minister Justin Trudeau’s resignation on Monday signals the extent of the unpopularity facing the country’s progressive Liberal Party, which has dominated its politics for decades, ...The Hill - Jan. 6 -
Moldova blames Russia for energy crisis in breakaway region
People of Transnistria forced to chop wood to heat homes after gas transit deal via Ukraine expiresFinancial Times - Jan. 6 -
-
The Pittsburgh Steelers Have an Identity Crisis
The Steelers aren’t who they think they are. They must realize it before it’s too late, a columnist for The Athletic writes.The New York Times - Jan. 6 -
Thousands of flights disrupted by massive winter storm
Thousands of flights have been canceled or delayed by a massive winter storm set to impact tens of millions of Americans. NBC News' Aaron Gilchrist reports from Washington.NBC News - Jan. 6 -
Spurs sign keeper Kinsky amid injury crisis
Tottenham Hotspur have signed goalkeeper Antonin Kinsky from Slavia Prague on a deal until 2031, the Premier League club confirmed on Sunday.ESPN - Jan. 5 -
Thousands of creative works enter public domain
The start of 2025 means thousands of iconic characters and creative works have entered the public domain, including the classic cartoon strongman Popeye. Here's why these characters are now ...CBS News - Jan. 4 -
Where the next financial crisis could emerge
As the IMF has warned, the rise and rise of private credit brings systemic risksFinancial Times - Jan. 4 -
-
Progressives face an existential crisis under Trump
Progressives in Washington are facing an existential crisis like never before as they brace for the incoming Trump administration. Not only are they at odds with their own party, with many ...The Hill - Jan. 2 -
-
Tens of thousands of people in Istanbul protest Gaza war
Tens of thousands of people have gathered on Istanbul’s Galata Bridge on New Year’s Day to express solidarity with Palestinians in GazaABC News - Jan. 1