Latest in Two Watchdogs Were Rebuffed From Joining Trump’s Cost Cutting Effort
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Sam Altman posts letter from senators concerned about OpenAI efforts to 'cozy up' to Trump
On his X account, Sam Altman posted a letter signed by Democratic senators concerned about the ways tech companies appear to be bending to Trump's wishes.CNBC - 1h -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - 2h -
What Did Trump’s Tax Cuts Do?
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.The New York Times - 8h -
Two Watchdogs Were Rebuffed From Joining Trump’s Cost-Cutting Effort
“We have no room in our administration for Democrats,” a transition spokeswoman replied after good-government activists tried to join the president-elect’s new efficiency department.The New York Times - 21h -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - 1d -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - 1d -
BP to cut 4,700 jobs to reduce costs
The job losses at the oil giant will affect more than 5% of its global workforce.BBC News - 1d -
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - 1d -
These 5 former lobbyists are poised to join Trump’s Cabinet
Five former lobbyists have been appointed or nominated to President-elect Trump’s Cabinet, signaling he may not be as closed off to these hired guns as he appeared on the campaign trail. ...The Hill - 1d -
TSMC cuts profitability target as cost of diversifying supply chains bites
World’s biggest chipmaker faces less efficient operations in US and Japan but gets boost from AI demandFinancial Times - 1d -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - 2d -
Two bad games might cost the Vikings' Sam Darnold millions — and his job
Vikings QB Sam Darnold was on his way to a big payday this offseason. But two bad games may have cost him his job — and millions.NBC News - 2d -
FDA to cut nicotine from cigarettes, in plan first floated under Trump
It will be up to the returning Trump administration to decide whether to finalize the rule.CBS News - 2d -
NFL winners and losers from wild-card round: Sam Darnold costs himself millions with dreadful two-game finish
We learned a lot from the opening games of the 2025 NFL playoffsCBS Sports - 3d -
Trump Jr. joins betting market Kalshi as adviser
Donald Trump Jr. announced Monday he is joining Kalshi, a prediction market that allows users to bet on political developments, as a strategic adviser. "On Election night at Mar-a-Lago, while ...The Hill - 4d -
Incarcerated firefighters join California wildfire battle efforts
The California Department of Corrections and Rehabilitation has deployed 931 incarcerated firefighters and 114 support staff through its Fire Camp Program.The Hill - 4d -
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 - 4d -
A look at the efforts to save pets and animals from the California wildfires
As wildfires continue to burn in the Los Angeles area, efforts are being made to save pets and animals. Lilia Luciano takes a look at one of the groups working to rescue them.CBS News - 4d -
U.S. Companies Cut Diversity Efforts as Challenges Mount
At least six major U.S. companies modified their DEI policies last year.Inc. - 6d -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - 6d -
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 - Jan. 10 -
Two months later, Dems are still squabbling over lessons learned from Trump's win
Jeffries and Schumer are laying the groundwork for portraying the GOP as the party of the ultra-wealthy.Politico - Jan. 9 -
Why two Fed officials doubt the need for many more rate cuts
One official warned that “progress on inflation could continue to stall.”MarketWatch - Jan. 9 -
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 - Jan. 9 -
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 - Jan. 8 -
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Top DOJ officials may have tried to sway 2020 election to Trump: Watchdog
Justice Department officials who served under President-elect Trump's first administration may have influenced the 2020 presidential election through intentional media leaks targeted at Democratic ...The Hill - Jan. 8 -
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 - Jan. 8 -
'Unprecedented criminal effort': What Trump's lawyers say is in Jack Smith's report
Filings by Donald Trump's lawyers suggest that Jack Smith's final report on his two probes could contain details that are potentially damaging to the president-elect.ABC News - Jan. 8 -
As Trump Praises Meta Decision, Tech Watchdogs Warn of Surge in Disinformation
While Republicans praised the move, some groups cautioned that effectively ending Meta’s fact-checking program would also lead to more conspiracy theories.The New York Times - Jan. 7 -
Internal watchdog found Trump DOJ officials may have tried to influence 2020 election
DOJ officials during the first Trump administration may have leaked private information to media outlets in a bid to influence the 2020 election, a watchdog report says.ABC News - Jan. 7 -
Inside Trump legal team's effort to block Jack Smith report
Attorneys for President-elect Donald Trump are trying to stop the release of special counsel Jack Smith's report on two dismissed criminal cases against Trump. CBS News political reporter Olivia ...CBS News - Jan. 7 -
Schiff on Trump effort to block special counsel report: 'No shortage of nerve'
Sen. Adam Schiff (D-Calif.) said President-elect Trump has “no shortage of nerve” for asking Attorney General Merrick Garland to block the release of special counsel Jack Smith’s final report on ...The Hill - Jan. 7 -
Judge denies Trump's latest effort to delay "hush money" sentencing
A New York judge has denied President-elect Donald Trump's request to delay sentencing in his criminal "hush money" case. CBS News political reporter and attorney Katrina Kaufman joins "America ...CBS News - Jan. 6 -
Salesforce’s AI efforts draw doubts from the stock’s newest bear
Salesforce has been seen as an early AI winner, but a Guggenheim analyst worries about how the company and its peers will be able to monetize a technology that nearly everyone is offering.MarketWatch - Jan. 6 -
Trump's continuing effort to downplay Jan. 6 violence as 'day of love'
Monday marks the fourth anniversary of the violent events of Jan. 6, 2021 -- a day President-elect Donald Trump has continually tried to recast as a "day of love."ABC News - Jan. 6 -
Lions cut Jamal Adams from practice squad
The Lions are in desperate need of warm bodies on defense right now, but veteran safety Jamal Adams couldn't stick in Detroit.Yahoo Sports - Jan. 1 -
Experts from U.S. join South Korea plane crash probe
Experts from the National Transportation Safety Board, Federal Aviation Administration and Boeing joined the probe into the South Korea plane crash that killed all but two of the 181 people on ...CBS News - Dec. 31