Mercedes Benz plans workforce cuts in China by 2027

Mercedes-Benz plans workforce cuts in China by 2027

Yahoo News - 14h

China likely to cut inflation outlook to two-decade low, lay out stimulus plans at 'Two Sessions' meeting

Beijing is expected to revise down its annual consumer price inflation target to around 2% — the lowest in more than two decades — from 3% or higher in prior years.

CNBC - 1d

Judge allows Trump's government workforce cuts to continue

A federal judge will allow the Trump administration's cuts to the government workforce to continue after declining a request from labor unions for relief. The judge says he lacks jurisdiction and ...

CBS News - 6d

Dems demand answers on workforce safety cuts

Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Dems demand answers on workforce safety cuts The top Democrats on the House Committee on Education and the ...

The Hill - 6d

Jim Jordan derides critics of federal workforce cuts

He cited an example from the Washington Post about a locksmith.

Politico - 4d

Autodesk says it’s cutting 9% of its workforce, and shares rise

Design-software developer Autodesk Inc. on Thursday said it would cut around 9% of its workforce, or around 1,350 employees, amid a bigger effort to prioritize cloud services and artificial ...

MarketWatch - 11h

Pentagon firings to begin next week in effort to cut up to 8 percent of civilian workforce

The Pentagon seeks to cut more than 5,000 civilian employees on probation status beginning next week in a bid to eventually shave off up to 8 percent of the U.S. military’s civilian workforce, the ...

The Hill - 6d

Sunday shows preview: Trump workforce cuts, Ukraine-Russia rhetoric have world on edge

President Trump’s agenda is in full effect with numerous cuts to the federal workforce and Pentagon staff rounding out his objective to slash government spending with a focus on stark reform. One ...

The Hill - 5d

Evening Report —Trump, Musk defend DOGE as federal workforce braces for more cuts

{beacon} Evening Report TRUMP FIRST 100 DAYS © Andrew Harnik, Getty Images Trump, Musk defend DOGE as federal workforce braces for more cuts PRESIDENT TRUMP AND ELON MUSK united to defend the work ...

The Hill - 1d

Autodesk says it will cut 1,350 employees, or 9% of workforce, to make the most of sales changes

Autodesk's CEO said the company wants to make the most of its shift toward self-service sales and direct billing.

CNBC - 14h

Cuts to Medicaid possible if Johnson's budget plan passes

Lawmakers on Capitol Hill are concerned about potential cuts to Medicaid if House Speaker Mike Johnson's budget proposal is passed. CBS News' Caitlin Huey-Burns reports.

CBS News - 2d

US lawmakers issue warning about China’s planned new London embassy

Letting Beijing build largest mission in Europe seen as inappropriate reward given its human rights record

Financial Times - 1d

New Mercedes a 'significant change', says Russell

George Russell says he is "optimistic" that Mercedes "can have a decent season" in 2025 as the team launch their new car.

BBC News - 3d

Jeffries says Johnson's budget plan could lead to big Medicaid cuts

House Minority Leader Hakeem Jeffries is warning that House Speaker Mike Johnson's budget proposal would lead to Medicaid cuts. CBS News' Taurean Small reports.

CBS News - 2d

Trump says Zeldin plans to cut up to 65 percent of EPA staff

President Trump said Wednesday that Environmental Protection Agency (EPA) Administrator Lee Zeldin has floated cutting the agency’s workforce by up to 65 percent. Speaking at the inaugural Cabinet ...

The Hill - 1d

Trump says House budget plan will not cut Medicaid benefits

President Trump said the budget plan he endorsed and that passed in the House will not lead to cuts to Medicaid benefits. CBS News' Caitlin Huey-Burns has more.

CBS News - 1d

How the House Republican budget plan hopes to cut trillions of dollars in spending

The budget plan that narrowly passed in the House of Representatives proposes trillions of dollars in cuts over 10 years. CBS News' Taurean Small reports.

CBS News - 1d

GOP Gambles on Budget Plan That Helps the Rich and Cuts Aid to the Poor

The House Republican budget plan would pair tax cuts that primarily benefit the rich with cuts to programs that help the poor.

The New York Times - 1d

USAID cuts are just the start of Trump, Musk plan to slash agency spending

The dismantling of the United States Agency for International Development (USAID) appears to be the beginning of President Trump's efforts to instill massive cuts across federal agencies. CBS News' ...

CBS News - 20h

Jeffries warns major Medicaid cuts are coming with budget plan

House Minority Leader Hakeem Jeffries says cuts to Medicaid will emerge from the budget negotiations in Congress. CBS News' Nidia Cavazos reports as President Trump and House Speaker Mike Johnson ...

CBS News - 17h

China's latest action plan shows it's trying to boost foreign investment amid geopolitical tensions

China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses' calls for more concrete actions.

CNBC - 4d

Gov. Lujan Grisham sounds alarm on Medicaid cuts in House GOP budget plan

While President Trump insists he won't touch Medicaid, his agenda in Congress tells a very different story. The House is set to vote on a spending plan that could cut Medicaid funding by hundreds ...

CBS News - 3d

Inside Republicans' budget plan that extends Trump tax cuts, potentially threatens Medicaid

After a lot of back-and-forth on Tuesday night, House Republicans were able to narrowly adopt a budget resolution that would advance President Trump's agenda. The proposal passed in a 217-215 vote. ...

CBS News - 1d

UK to raise defence spending to 2.5% of GDP by 2027

Starmer’s announcement of ‘biggest sustained rise’ since cold war comes ahead of Trump meeting on Thursday

Financial Times - 2d

Why 'Severance' would fall flat with the American workforce

While there’s no polling data asking about whether we’d be willing to become “severed,” don’t expect Americans to clamor for it any time soon.

The Hill - 6d

Starmer commits to raise UK defense spending to 2.5% of GDP by 2027

Prime Minister Keir Starmer says the U.K. will raise defense spending to 2.5% of gross domestic product by 2027

ABC News - 3d

PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027

Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.

CNBC - 2d

U.K. to Raise Defense Spending to 2.5% of G.D.P. by 2027, Starmer Says

Prime Minister Keir Starmer, who is set to meet with President Trump on Thursday, said he would increase British spending on defense to 2.5 percent of G.D.P. by 2027.

The New York Times - 2d

Judge gives go-ahead for the Trump administration to gut USAID's workforce

A federal judge paved the way for the Trump administration to move forward with plans to remove thousands of U.S. Agency for International Development workers from their jobs.

NBC News - 6d

Let’s end remote work without accountability in the federal workforce

It’s important to understand the particulars of the federal employment system that makes remote work so problematic.

The Hill - 6d

OPM now says email survey to federal workforce is ‘voluntary’

NBC News Correspondents Vaughn Hillyard and Ken Dilanian explain the latest actions by Elon Musk’s DOGE commission as the Trump administration continues to reshape the federal workforce. NBC News ...

NBC News - 3d

Musk push to downsize federal workforce runs into Cabinet roadblock

Elon Musk's push to reduce the federal workforce is running into headwinds as Senate-confirmed Cabinet and agency officials block his immediate efforts to carry out the Department of Government ...

The Hill - 2d