Latest in VW boss Blume says company's cost cutting goals are set
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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 -
Companies rush to US bond market as Trump rally cuts borrowing costs
Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this weekBusiness - Financial Times - 6 days ago -
'Outside the box' - Boss Beard says penalty decision cost Reds derby
Liverpool manager Matt Beard says the officials "let them down" after referee Abigail Byrne awarded a penalty to Everton when Fuka Nagano clipped Honoka Hayashi as replays showed the foul appeared ...Top stories - BBC News - 3 days ago -
BT says UK Budget will lift costs by £100mn as it lowers revenue guidance
Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’World - Financial Times - November 7 -
The VW labour boss at war with management over plant closures
Daniela Cavallo views clash as existential fight for carmaking in Europe’s biggest economyBusiness - Financial Times - November 8 -
The Unusual Power of VW's Union Boss Is Being Put to the Test
Daniela Cavallo faces the battle of her career as she fights what would be the first German factory closures in the automaker’s history.Business - The Wall Street Journal - Yesterday -
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Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts
The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expensesBusiness - MarketWatch - October 30 -
Barcelona mayor defends ban on tourist flats saying ‘drastic’ action needed to cut housing costs
Jaume Collboni determined to follow through with plan that he says will return 10,000 properties to city’s residents. The decision made headlines around the world, sparking surprise and threats of ...World - The Guardian - 2 days ago -
Apple analyst Kuo says company cut iPhone 16 orders by 10 million units
Apple shares slid Wednesday after industry supply chain analyst Ming-Chi Kuo said the company has cut orders for the iPhone 16 by about 10 million units.Business - CNBC - October 23 -
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£500mn and counting: companies reckon with UK Budget costs
Sainsbury’s, BT and Wetherspoons among those warning that changes may force price rises for customersWorld - Financial Times - November 7 -
'We conceded really stupid goals' - Larne boss Lynch
Larne boss Tiernan Lynch says he is disappointed and frustrated after watching his team slip to a 4-1 defeat by Shamrock Rovers in the Uefa Conference League game at Windsor Park.Top stories - BBC News - October 24 -
How Trump, Harris propose cutting healthcare costs
The economy and healthcare are two of the top concerns for voters in this election cycle, and both tickets have promised to lower healthcare costs. When she introduced her economic agenda earlier ...Politics - The Hill - October 25 -
Volkswagen in Drive to Cut Costs as Earnings Plunge
The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.Business - The Wall Street Journal - October 30 -
Why mortgage costs are rising despite interest rate cut
Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.Top stories - BBC News - 6 days ago -
GTA Parent Company Boss On State Of AAA Games: "It's Hard And Getting Harder"
Take-Two boss Strauss Zelnick has commented on the state of the AAA video game market, saying "it's hard and getting harder." He gave this answer in response to a question from GI.biz about what ...Tech - GameSpot - November 8 -
Restaurant workers' jobs threatened by Budget, bosses warn
Hospitality bosses are calling for changes to what they describe as "unsustainable" tax rises.Top stories - BBC News - November 10 -
How Distributors’ Fees Cost Consumers and Small Food Companies Dearly
A tussle between big food manufacturers, grocery chains, and distributors for narrow profit margins squeezes the small producers caught in the middle.Business - Inc. - November 5 -
FirstFT: US companies rush to cash in on Trump market rally
Also in today’s newsletter, FTC targets Microsoft and Argentina cools on Paris climate accordWorld - Financial Times - 6 days ago -
Burrow sets 'doable' 10-win goal after shellacking
Bengals QB Joe Burrow, after a blowout loss to the Eagles on Sunday, said the Bengals (3-5) need to win seven of their remaining nine games to reach the playoffs.Sports - ESPN - October 27 -
Current set new NWSL season goals mark of 57
The Kansas City Current scored three times in the first half to set a record for the most regular-season goals by a team in NWSL history (57) in a 3-1 win against the host Chicago Red Stars on ...Sports - ESPN - November 4 -
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New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.Business - CNBC - October 23 -
Santander sets aside £295mn to cover costs over car finance ruling
Provision made after court decision last month on mis-selling of car loansWorld - Financial Times - Yesterday -
Volkswagen Could Close 3 Plants in Germany to Cut Costs
The auto maker’s top employee representative told workers that management planned to shutter factories for the first time in the company’s 87-year history.World - The New York Times - October 28 -
For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany
The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.Top stories - The New York Times - October 28 -
Spirit Airlines furloughs more pilots as part of efforts to cut costs
Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with ...Business - MarketWatch - October 31 -
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
