Latest in Administration Cut Billions
Sort by
119 items
-
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.CNBC - 2d -
Trump cuts aid to South Africa over ‘racial discrimination’ against Afrikaners
US president also offers asylum to Afrikaners and criticises law that allows land seizures without compensation in some circumstances. The US president, Donald Trump, has signed an executive order ...The Guardian - 2d -
Transgender, nonbinary people sue Trump administration over passport policy
A new lawsuit accuses the State Department of freezing document changes for transgender or nonbinary people.ABC News - 2d -
Looming $2.7 billion Pell Grant shortfall poses a new threat for college aid
The Congressional Budget Office last month released Pell Grant program projections, which now estimate a $2.7 billion funding shortfall later this year.CNBC - 2d -
This HR Company Valued at $12 Billion Just Announced Plans to IPO. Here’s Why Other Companies Are Watching Closely
Human Resources startup Deel recently hit an annual revenue run rate of $800 million.Inc. - 3d -
7 Words Explain Why UPS Is Cutting Amazon Loose
UPS’s CEO says the company is cutting back its shipping for Amazon by 50 percent.Inc. - 3d -
Cambridge risks losing ‘unbelievable talent’ amid PhD funding cut
Warning by vice-chancellor Deborah Prentice comes as ‘Silicon Valley’ planned between Oxford and Cambridge. The University of Cambridge risks “losing unbelievable talent” owing to a drop-off in ...The Guardian - 3d -
Bracketology Bubble Watch: North Carolina, Indiana, Arkansas among teams near cut line in action Saturday
CBS Sports Bracketology Expert Jerry Palm breaks down the teams on the bubble to make the NCAA TournamentCBS Sports - 3d -
The Papers: 'Trump wants UK tax cuts for tech giants' and 'hands off our ISAs'
A warning that axing ISAs could "trigger a mortgage crisis" is one of the stories on Saturday's fronts.BBC News - 3d -
'My university course made me who I am - now it's being cut'
Universities are cutting jobs to make financial savings, with students and staff bearing the brunt.BBC News - 3d -
Major cancer research group calls on Trump administration to restore data access
The American Cancer Society is calling on the Trump administration to restore access to comprehensive scientific data.ABC News - 3d -
Who missed the cut Friday at WM Phoenix Open? Not Nick Hardy, yet, as he's got 17 feet left in the morning
Hardy will return Saturday morning at TPC Scottsdale to hit a 17-foot birdie putt on No. 18; make, and Hardy is into the weekend.Yahoo Sports - 3d -
A.I. Military Start-Up Anduril Close to Deal That Would Value It at $28 Billion
The Southern California start-up, which builds flying drones and missiles, is set to raise up to $2.5 billion.The New York Times - 3d -
Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts
House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."ABC News - 3d -
Trump says he is cutting off Biden's access to intelligence material
Former presidents are traditionally allowed to receive intelligence briefings if they are being consulted about events that occurred while they were in office.NBC News - 3d -
Trump Administration Move to Freeze E.V. Charger Funding Confounds States
Some have halted work on the Biden-era $5 billion program to build E.V. charging stations. Others plan to keep building. Most are confused.The New York Times - 3d -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - 3d -
Trump administration tells states to stop spending on EV charging infrastructure
The Federal Highway Administration directed states to stop spending money for EV charging infrastructure — funds that were allocated under former President Biden.CBS News - 3d -
Trump administration drops challenge in transgender care dispute
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story DOJ flips on gender-affirming care SCOTUS case President Trump’s Department of Justice switched positions on ...The Hill - 3d -
Administration vows to rehire DOGE Treasury Department staffer who left over posts
One day after a DOGE Treasury Department employee resigned over racist social media posts, the Trump administration has vowed to rehire him.ABC News - 3d -
Anduril in talks to raise money at $28 billion valuation as defense-tech booms
Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company.CNBC - 3d -
Federal judge pauses administrative leave for thousands of USAID employees
A federal judge said he will pause a midnight deadline for the U.S. Agency for International Development to be stripped down to a few hundred workers from a workforce of more than 5,000.NBC News - 3d -
Small Businesses and Contractors Also Get Hit by Trump’s Federal Funding Cuts
Reports suggest several thousand private sector jobs have been lost in the last two weeks, as federal funding freezes start having knock-on effects.Inc. - 3d -
Many workers would take a pay cut to work from home — some would forgo at least 20% of their salary
Workers cite the work-life balance afforded by hybrid or fully remote jobs as the biggest benefit.CNBC - 3d -
OpenAI Close to Deal that Values Company at $300 Billion
The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT.The New York Times - 3d -
Trump administration suspends $5bn electric vehicle charging program
Highway agency ordered states to no longer spend funds allocated under Biden’s EV charging station program. The Trump administration has ordered US states to suspend a $5bn electric vehicle ...The Guardian - 3d -
Bill Ackman reveals he's been building a more than $2 billion stake in Uber
The hedge fund manager said his fund began buying Uber shares in early January and has amassed 30.3 million shares, worth $2.3 billion.CNBC - 3d -
ICC condemns sanctions by Trump administration and pledges to continue its work
ICC condemns sanctions by Trump administration and pledges to continue its workABC News - 4d -
LinkedIn Made $2 Billion in Subscriptions Last Year. How’s Hiring Going for You?
Something smells fishy.Inc. - 4d -
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.The New York Times - 4d -
This DOGE Engineer Has Access to the National Oceanic and Atmospheric Administration
Sources tell WIRED that NOAA employees were ordered to give an engineer from Elon Musk’s DOGE task force access to all of the agency’s Google sites by the end of business on Wednesday.Wired - 5d
