Latest in Microsoft pauses hiring in U.S. consulting unit as part of cost cutting plan, memo says
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How do UK regulators plan to cut back rules and boost growth?
Chancellor Rachel Reeves wants the regulatory sector to do more to drive the economyFinancial Times - 7h -
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.CNBC - 13h -
Meta announces 5% cuts in preparation for 'intense year.' Read the internal memo.
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday.NBC News - 17h -
Inside Elon Musk’s Plan for DOGE to Slash Government Costs
Mr. Musk has turned to Silicon Valley to help recruit executives who will take up unofficial positions across the federal government.The New York Times - 1d -
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - 2d -
UK companies plan to invest in AI instead of hiring staff as costs rise
A new poll says 51 per cent of business leaders aim to redirect investment this yearFinancial Times - 2d -
Hiring Mike Vrabel was the easy part for Patriots ownership. Now the heavy lifting begins with 3 hard questions
The players who can’t get with the program when it comes to being a pro — knowing the scheme and playbook, practicing hard, being on time, showing up in the offseason — will not make it.Yahoo Sports - 2d -
Stavridis says Trump’s plan for Greenland ‘not a crazy idea’
James Stavridis, former NATO supreme allied commander, said he doesn’t think President-elect Trump’s comments about Greenland are “crazy." “It’s not a crazy idea.… We could do an awful lot in terms ...The Hill - 3d -
U.S. Companies Cut Diversity Efforts as Challenges Mount
At least six major U.S. companies modified their DEI policies last year.Inc. - 4d -
Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.CNBC - 4d -
Apple Says It Is Fixing AI Notification Summaries. It Missed the Most Important Part
The company is responding to complaints from the BBC but it’s not clear this solves anything.Inc. - 5d -
Biden says feds will cover 100% of fire response costs in California
"I told the governor and local officials, spare no expense," President Biden said, calling the damage "catastrophic."CBS News - 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 -
Fetterman says he plans to meet with Trump
Sen. John Fetterman (D-Pa.) said he plans to meet with President-elect Trump at his resort in Florida; he will likely be the first Democratic lawmaker in the upper chamber to meet with the incoming ...The Hill - 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 -
U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged
After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.The New York Times - 6d -
UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - 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 -
Elon Musk's DOGE says it's hiring. Here are the jobs it wants to fill.
Elon Musk and Vivek Ramaswamy's Department of Government Efficiency says it's now hiring. Here's how to apply.CBS News - 6d -
Tips for cutting down winter heating costs and electricity bills
From setting your thermostat between 68 and 70 degrees to properly sealing your home, NBC’s Vicky Nguyen joins TODAY to share ways you can save on home heating and electricity bills during the ...NBC News - 6d -
Heads say they face tough choices on school spending as costs rise
A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.BBC News - Jan. 8 -
Lawyers for security consultant say CNN report on Afghan evacuations destroyed his career
A Florida court is hearing Zachary Young's defamation case over a 2021 story on the high price of getting out of Afghanistan following the U.S. withdrawal.Los Angeles Times - Jan. 7 -
Deadly winter storm creates dangerous conditions in parts of the U.S.
Ice and snow has created dangerous road conditions across parts of the U.S. At least five people have died in the winter storm, which has also wreaked havoc at airports. CBS News' Rob Marciano has ...CBS News - Jan. 7 -
Microsoft Says It's Time to Replace Your Old Windows 10 PC
The company is using the carrot of "new features" and the stick of "no more updates for your old PC."Wired - Jan. 7 -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - Jan. 7 -
Heavy snow slams part of the U.S.
The northeast of the U.S. has already seen several inches of snow as temperatures fall and driving conditions worsen. CBS News Philadelphia's Nikki Dementri has more from Cape May, New Jersey, and ...CBS News - Jan. 6 -
Trump transition falling short of hiring goals, sources say
Offer letters is expected to go out Monday to political appointees in Trump's incoming administration, sources say.CBS News - Jan. 6 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - Jan. 6 -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - Jan. 6 -
Potent Storm Blasts Parts of U.S. With Sleet, Snow and Freezing Rain
All highways in northeastern Kansas were closed on Sunday evening, bringing traffic to a standstill in some places.The New York Times - Jan. 6 -
Coco Gauff Beats Iga Swiatek to Help U.S. Win United Cup
Gauff moved her head-to-head with Iga Swiatek one small step in the right direction with a 6-4, 6-4 win in Sydney.The New York Times - Jan. 6 -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - Jan. 5 -
Gauff, Fritz lead U.S. charge to United Cup title
Coco Gauff and Taylor Fritz led the U.S. to the title at the United Cup mixed team tournament.ESPN - Jan. 5 -
Liverpool v Manchester United goes ahead as planned despite heavy snow
Amber alert in Liverpool and Manchester for Sunday Weather hits more of Sunday’s programme in England Sunday’s Liverpool v Manchester United Premier League match will go ahead despite the ...The Guardian - Jan. 5 -
China has cost the U.S. millions of jobs. Trump will change that — not necessarily for the better.
Trump needs to make friends in Asia or his China tariffs will hurt Americans.MarketWatch - Jan. 4 -
Microsoft May Bring "All Their Big Games" To PS5, Analyst Says
According to a veteran video game industry analyst, 2025 could be the year that Microsoft goes "all-in" on bringing its Xbox games to other platforms, including PlayStation 5. Microsoft, of course, ...GameSpot - Jan. 3 -
Trump Says He Plans to Attend Carter’s Funeral
In wide-ranging remarks at a New Year’s Eve party at Mar-a-Lago, the president-elect also predicted that Mike Johnson would secure enough votes to be re-elected as House speaker.The New York Times - Jan. 1
