Latest in Starmer cuts aid to fund increase in defence spending
Sort by
313 items
-
Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.CNBC - 3h -
2025 NFL free agency: Biggest needs for every AFC team this offseason; how will Patriots, Raiders spend money?
Breaking down the biggest needs in the AFCCBS Sports - 3h -
Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - 2h -
Eli Lilly to spend $27 billion to expand U.S. manufacturing with four new sites
Eli Lilly & Co.’s stock rose 1.6% Wednesday, after the drug company announced plans to expand its U.S. manufacturing sites by adding four more locations this year, along with 13,000 high-wage jobs.MarketWatch - 1h -
U.S. will spend up to $1 billion to combat bird flu, USDA secretary says
The U.S. will invest up to $1 billion to combat the spread of bird flu, including increasing imports of eggs, agriculture secretary Brooke Rollins said.NBC News - 2h -
Musk boasts federal cuts by hoisting chainsaw at conference
Elon Musk drives home his rapid shredding of the federal government by hoisting a chainsaw representing the slashing of jobs and spending during a conference. Some Republicans are facing pushback ...NBC News - 5d -
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 - 5d -
Eye Opener: Federal jobs cuts continue
Thousands more federal workers find themselves without a job as President Trump and billionaire Elon Musk continue their massive cuts. Meanwhile, bus explosions in Israel threaten the Gaza ...CBS News - 5d -
Federal agencies that could be impacted by job cuts
A federal judge has paved the way, for now at least, for President Trump, Elon Musk and the DOGE team to go ahead with mass layoffs of federal employees. CBS News senior White House correspondent ...CBS News - 5d -
Rubio’s Dilemma: Cutting Trump’s Deal With ‘Bloodthirsty’ Putin
As a senator, Marco Rubio prided himself on challenging tyrants. But as secretary of state, President Trump has tasked him with helping to potentially turn Russia from an enemy into an ally.The New York Times - 4d -
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 - 4d -
Judge Extends Block on N.I.H. Medical Research Cuts
A federal judge in Massachusetts indicated she would move quickly to consider a more lasting injunction after hearing a laundry list of potential adverse effects of the Trump administration move to ...The New York Times - 4d -
Defense Department to Cut Over 5,000 Workers
The firings are the first of what is expected to be a vast wave of layoffs by the Pentagon.The New York Times - 4d -
Jim Jordan derides critics of federal workforce cuts
He cited an example from the Washington Post about a locksmith.Politico - 3d -
Starbucks to cut 1,100 jobs in latest streamlining move
Starbucks Corp. is cutting 1,100 support partner roles as well as several hundred additional open positions as it works to streamline its structure by removing layers and duplicate roles.MarketWatch - 2d -
Will the working-class GOP really cut health insurance?
Budget chicanery begets more budget chicanery. About this time in 2010, Democrats were trying every procedural and accounting trick they could conjure to push ObamaCare through a restive Congress. ...The Hill - 1d -
Democrats warn of ‘largest Medicaid cut in American history’
House Democrats are ramping up their attacks on the GOP’s budget plan, warning that the massive spending blueprint would translate into the steepest Medicaid cut in the program’s history. Behind ...The Hill - 23h -
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 - 23h -
Trump administration cuts some election security workers
There have been sweeping changes at the Cybersecurity and Infrastructure Security Agency, which is tasked with protecting the U.S. from foreign meddling in elections. CBS News' Nicole Sganga reports.CBS News - 22h -
Amorim: Job cuts result of poor performance
Ruben Amorim has admitted that the Manchester United staff who are set to lose their jobs in the latest round of cut-backs are paying the price for the team's lack of success on the pitch.ESPN - 17h -
Federal workers in limbo over DOGE cuts
Federal workers are criticizing layoffs by Elon Musk’s Department of Government Efficiency. 80 percent of the federal workforce is outside of Washington. Meanwhile, Musk is defending his directive ...NBC News - 18h -
Cuts at USAID and Elsewhere Strain Global Journalism
Investigative journalists around the world relied on funding from the U.S. Now, those watchdogs are scrambling to survive a sudden cash crunch.The New York Times - 8h -
Musk’s ‘Doge’ claim about USAid funds for India sets off political firestorm
Apparently baseless claim that $21m was given to help voter turnout seized on by Trump and Modi government . Elon Musk’s “department of government efficiency” has been accused of setting off a ...The Guardian - 2d -
Voss Capital thinks the market is a ‘perpetual paradox machine’. Here are the stocks the fund manager owns.
Buying undervalued small-cap stocks that may attract bidders has worked this year, Voss Capital said.MarketWatch - 2d -
This momentum-stock fund can lower your risk. It has outperformed the S&P 500.
It might surprise you that a strategy focused on the best recent performers can limit downside risk and ride high during bull markets.MarketWatch - 1d -
Ex-US security officials urge funding for science research to keep up with China
Appeal from officials, including two senior figures from Trump’s first term, comes amid reports National Science Foundation’s budget will be slashed. US politics live – latest updates Chuck ...The Guardian - 1d -
Perplexity AI launching $50 million venture fund to back early-stage startups
Perplexity AI is getting ready to launch a $50 million fund focused on pre-seed and seed artificial intelligence startups in the U.S., CNBC has learned.CNBC - 22h -
$14.3 million in fire relief grants roll out to artists thanks to Getty-led museum fund
A coalition of museums and philanthropic organizations called the L.A. Arts Community Fire Relief Fund notified more than 1,700 arts workers Tuesday that they will receive up to $10,000 each.Los Angeles Times - 18h -
Big endowments are heavily invested in hedge funds and other alts. They’ve been an expensive waste, study finds
An astonishing two-thirds of big university endowments are invested in hedge funds and other alternative investments that actually have delivered zero outperformance since the 2008 global financial ...MarketWatch - 9h -
House Republicans narrowly pass measure to fund Trump agenda after last-minute drama
The House passed the GOP budget plan for Trump's agenda Tuesday night after briefly pulling it from the schedule.ABC News - 47m -
This USAID Program Made Food Aid More Efficient for Decades. DOGE Gutted It Anyways
The Famine Early Warning Systems Network is one of USAID’s most data-driven programs, but its work has been stalled by the Trump administration.Wired - 6d -
Trump's foreign aid freeze halted a crucial program fighting HIV in Africa. Here's what's at stake
The freeze on U.S. foreign aid ordered by President Donald Trump has effectively halted one of the world's most successful responses to a diseaseABC News - 6d -
Trump administration hasn't complied with order to halt foreign aid freeze, judge says
The Trump administration has not fully complied with a court order pausing the freezing of foreign assistance grants and contracts, a federal judge ruled.NBC News - 5d -
Emergency Food, TB Tests and H.I.V. Drugs: Vital Health Aid Remains Frozen Despite Court Ruling
The Trump administration appears to be flouting a judge’s order pausing the dismantling of U.S.A.I.D.The New York Times - 5d -
US aid freeze puts HIV-positive orphans in Kenya at risk as medical supplies dwindle
A U.S. aid freeze is threatening the lives of HIV-positive orphans at Nyumbani Children’s Home in NairobiABC News - 5d -
Newsom requests nearly $40 billion in disaster aid following Los Angeles wildfires
California Gov. Gavin Newsom (D) sent a letter to members of Congress requesting nearly $40 billion in funding to rebuild communities after wildfires devastated the Pacific Palisades and Altadena ...The Hill - 3d -
‘We have nothing now’: Myanmar’s exiled media face existential crisis after Trump severs aid
Organisations that take extreme risks to document atrocities, corruption and war crimes fear for their future after USAid cuts. Each month Su Myat secretly crosses the border from Thailand into ...The Guardian - 2d -
Raiders' Pete Carroll 'glad' to aid Cowboys' Jerry Jones process in hiring Brian Schottenheimer as head coach
The last time Schottenheimer called offensive plays, as he will in 2025 was as Carroll's Seahawks offensive coordinator from 2018-20CBS Sports - 19h -
Struggling soup kitchens and hospitals in Sudan face uncertainty amid U.S. aid freeze
When President Trump ordered a 90-day freeze on foreign aid, no one felt the impact more than the people of Sudan. Two years of civil war has left more than 25 million Sudanese starving in what is ...CBS News - 17h -
UN food agency pauses aid to famine-hit Sudan displacement camp of half a million people
The United Nations’ food agency says it has paused aid distribution in Sudan’s famine-hit Zamzam displacement camp of a half-million people as fighting intensifies between the country’s warring sidesABC News - 2h