Latest in Will US jobs data push the Fed into a deeper rate cut
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Universal strikes AI data training deal, still suing AI companies for using its data
Universal Music Group inked a deal with AI startup Klay to help develop a "responsible and ethical" AI model for music.Tech - VentureBeat - October 28 -
Israel hammers Beirut suburbs as US pushes for cease-fire
Israel hammered Beirut’s suburbs overnight with airstrikes as the U.S. pushes for a cease-fire between the Jewish state and Lebanon. Lt. Col. Avichay Adraee, the head of the Israeli military's ...Politics - The Hill - November 1 -
Airbus to cut up to 2,500 jobs at defence and space unit
Planned reductions are a response to cost increases and stiffening competitionBusiness - Financial Times - October 16 -
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Boeing competitor Airbus to cut up to 2,500 jobs in space, defense sector
Boeing competitor Airbus on Wednesday announced it would take steps to cut 2,500 jobs in the company’s defense and space division through the middle of 2026. Airbus said the job cuts would result ...Politics - The Hill - October 17 -
PPG to Cut 1,800 Jobs, Shrink Costs With Sale of Architectural-Coatings Biz
PPG agreed to sell its architectural-coatings business in the U.S. and Canada to private-equity firm American Industrial Partners for $550 million, and outlined cost and job cuts.Business - The Wall Street Journal - October 17 -
Volkswagen plans to close at least 3 German plants and cut thousands of jobs
Europe’s largest carmaker tells works council it would slash pay by 10%Business - Financial Times - October 28 -
Europe's Auto Woes Continue as Michelin, Schaeffler Plan Job Cuts
Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector.Business - The Wall Street Journal - November 5 -
Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss
Carmaker to slash global production capacity by a fifth in emergency turnaround planWorld - Financial Times - 5 days ago -
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.Business - The New York Times - 5 days ago
