Volkswagen Could Close 3 Plants in Germany to Cut Costs

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 unit

Business - 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

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 week

Business - Financial Times - November 15

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 ...

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

German automaker Mercedes-Benz plans substantial cost cuts

World - Yahoo News - 2 days ago

Republicans Ponder: What if the Trump Tax Cuts Cost Nothing?

Some in the party are considering alternative ways of assessing the federal budget as they prepare to extend temporary tax cuts passed in 2017.

Business - The New York Times - Yesterday

Nightclub could be closed after large gun fight

Gunshots rang out as a health and safety officer was visiting the club to investigate safety fears.

3 men indicted involving an alleged plan to attack a Jewish target in Germany

Prosecutors say three men have been charged in a case that involves an alleged plan to attack a Jewish target in western Germany

World - ABC News - October 29

Germany Shuts 3 Iranian Consulates Over Execution of German-Iranian

The rare step of closing the consulates reflected German protests over the execution of Jamshid Sharmahd, an outspoken opponent of the Iranian regime.

World - The New York Times - October 31

Germany's government is on the brink of collapse — here’s what could happen now

Germany's ruling coalition has long been standing on shaky ground, but the situation has become critical in recent weeks, with a breakup more likely than ever.

Business - CNBC - November 4

Clashes over budget could push Germany’s ailing coalition to collapse

With contradictory proposals unlikely to mesh, leaders to decide whether there is scope for alliance to continue. When, in 2021, Olaf Scholz’s Social Democrats went into a “traffic light” coalition ...

World - The Guardian - November 6

Trump mass deportation plan could cost billions a year

Immigration experts say Donald Trump's mass deportation plan, if carried out, could be complicated and cost billions a year. It could also lead to more family separations.

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