Latest in Republicans Ponder: What if the Trump Tax Cuts Cost Nothing
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Rivian Reassures Investors With Cost Cuts, Green Credit Sales
Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.Business - Inc. - November 8 -
Deutsche’s private bank fires over 100 bankers in cost-cutting drive
Frankfurt-headquartered lender has imposed demanding targets on underperforming unitBusiness - Financial Times - November 11 -
23andMe to slash 40% of its workforce, end therapeutics program to cut costs
DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.Business - MarketWatch - November 12 -
Chris Wallace exits CNN as post-election cost-cutting begins
Wallace moved from Fox News to CNN in late 2021 to be a host on its short-lived streaming service. He hosts "Who's Talking to Chris Wallace?"Entertainment - Los Angeles Times - November 12 -
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.Business - The Wall Street Journal - November 11 -
GM lays off 1,000 employees amid reorganization, cost-cutting
The layoffs, which were announced Friday morning via email to those impacted, were across the business.Business - CNBC - November 15 -
GM lays off 1,000 employees amid reorganization and cost-cutting
General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the ...Top stories - NBC News - November 15 -
How Elon Musk Cuts Costs at Tesla, SpaceX and X
Mr. Musk dug into his companies’ budgets, preferring to cut too much rather than too little and to deal with the fallout later. Under Donald Trump, he is set to apply those tactics to the U.S. ...Business - The New York Times - November 16 -
Ford to Cut 4,000 Jobs in Europe in Cost-Saving Drive
Ford became the latest carmaker to seek deep cost savings as it grapples with timid demand for electric vehicles and rising competition.Business - The Wall Street Journal - 3 days ago -
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The Papers: 'King cuts off Andrew' and 'tax blow for care homes'
A range of stories are on the front of Saturday's papers including a new biography about the royals.Top stories - BBC News - November 2 -
Colorado governor says tax cuts key to state's shift left
Colorado Gov. Jared Polis (D) said on Wednesday tax cuts are key to his state’s shift to the left in the wake of President-elect Trump’s win in the 2024 presidential election. Republicans made ...Politics - The Hill - November 8 -
Granholm warns that cutting EV tax credits would be ‘ceding’ to China
Energy Secretary Jennifer Granholm warned Friday that President-elect Trump’s reported plans to cut consumer subsidies for electric vehicles (EVs) would benefit China. “You eliminate these credits, ...Politics - The Hill - November 15 -
Gold and taxes: What every investor needs to know
Taxes can eat into your profits when you're investing in gold. Here's what to know about the taxes you might owe.Top stories - CBS News - October 25 -
House Republicans try to cut IVF expansion in defense bill
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story 2 Republicans try to cut IVF expansions in defense bill A pair of House Republicans are asking House and ...Politics - The Hill - 2 days ago -
What will be on Senate Republican leader John Thune's plate?
Senate Republicans elected South Dakota's John Thune to replace Mitch McConnell as the new majority leader. CBS News congressional correspondent Nikole Killion reports on how the vote went down and ...Top stories - CBS News - November 13 -
Here's how Harris and Trump's tax plans would impact your taxes
Harris and Trump both have proposed historically large tax overhauls. Here's what to know.Top stories - CBS News - November 5 -
Trump's Rubio pick divides Republicans
Tensions are brewing over President-elect Trump’s move to tap Sen. Marco Rubio (R-Fla.) to serve as secretary of State, with some of the president-elect’s allies voicing concerns about the pick. ...Politics - The Hill - November 14 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
UK borrowing costs soar day after Labour government unveiled tax-raising budget
U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.Business - CNBC - October 31 -
JD Wetherspoon warns of near-£60mn jump in taxes and costs following UK Budget
Pub chain says rise from higher taxes and NI contributions will fuel inflationWorld - Financial Times - November 6 -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - November 8 -
Trump campaign says his comments about shooting 'through the fake news' have 'nothing to do with the Media being harmed'
Former President Trump’s campaign said his remarks that he would not “mind” a person shooting “through the fake news” at a rally Sunday have “nothing to do with the Media being harmed, or anything ...Politics - The Hill - November 3 -
'Like nothing you've seen': Trump team readies a flurry of executive actions for Day 1
Within hours of taking office, Donald Trump is planning to roll out executive actions aligned with his campaign promises on immigration and other policies.Politics - NBC News - 2 days ago -
Harris vs. Trump on lowering health care costs
Presented by Alliance for Aging Research — McDonald's E.coli issue worsens {beacon} Health Care Health Care The Big Story Harris vs. Trump: lowering health care costs The economy and health ...Politics - The Hill - October 25 -
Trump tariffs could cost UK £22bn of exports
The UK could face a £22bn hit to its exports if Donald Trump carries out his tariff threats, researchers say.Top stories - BBC News - November 8 -
Giants' Jones takes responsibility, ponders future
In his first public comments since losing his starting quarterback job with the Giants, Daniel Jones said he takes "full responsibility" for the Giants' losses and is still processing his future.Sports - ESPN - Yesterday -
Arsenal dig deep - but at what cost as ominous gap opens up?
Arsenal dig deep for point against Liverpool - but at what cost as ominous gap with champions Manchester City opens up?Top stories - BBC News - October 27 -
Trump’s Tax Proposals Face a Fiscal Reckoning
Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.Business - The New York Times - November 7 -
How the Budget will affect you and your money
The chancellor has delivered a packed Budget, so here's how it affects you and your money.Top stories - BBC News - October 30 -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - October 25 -
Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts
In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.Business - CNBC - October 30