Latest in Administration Slashing
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World’s biggest offshore wind developer Ørsted slashes investment by 25%
Danish company attempts to recover from botched US expansion and restore struggling share priceFinancial Times - 1d -
Gwyneth Paltrow finally sells her L.A. mansion after slashing the price by $8 million
The actress turned wellness guru sold the elegant Brentwood estate for $22 million.MarketWatch - 3d -
Nintendo posts profit miss as it slashes Switch forecast again ahead of console's successor
Nintendo investors and fans are awaiting more details on the Switch 2, the successor to the company's near eight-year-old Switch console.CNBC - 3d -
Goldman slashes investment minimum for new alumni fund
1869 scheme will invest in Wall Street bank’s private market vehiclesFinancial Times - 3d -
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture ...ABC News - 6d -
UPS shares tank 14% after weak guidance, plan to slash Amazon deliveries by more than half
UPS has shifted away from less-profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.CNBC - Jan. 30 -
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by ...NBC News - Jan. 30 -
Trump’s administrative self-coup
A constitutional crisis looms after attempt to wrest power of the purse from CongressFinancial Times - Jan. 30 -
Senate confirms Zeldin to be EPA administrator
The Senate on Wednesday confirmed former Rep. Lee Zeldin (R-N.Y.) to take the helm of the Environmental Protection Agency (EPA). He was confirmed in a 56-42 vote. Democrats Mark Kelly (Ariz.), John ...The Hill - Jan. 29 -
Germany slashes growth outlook in 'serious' diagnosis of Europe's largest economy
The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.CNBC - Jan. 29 -
Trump Administration Begins Immigration Arrests in Chicago
The number of arrests there was uncertain. Illinois officials, including the governor, said they had not been given advance notice.The New York Times - Jan. 27 -
Time to settle up? The new administration and the tech cases
The Trump administration is expected to adopt a measured approach to antitrust enforcement, balancing the need to enforce the law with the need to preserve U.S. innovation and global ...The Hill - Jan. 26 -
Trump administration's immigration crackdown escalates
As the Trump administration ramped up its immigration crackdown, officials said 538 undocumented immigrants were arrested on Thursday. And two U.S. military planes flew deported migrants to ...NBC News - Jan. 24 -
Trump enlists attorney general to investigate Biden administration
President has thrown weight of justice department behind two politically charged reviews into his personal grievances. Donald Trump has tasked the attorney general in two executive orders to ...The Guardian - Jan. 24 -
Trump administration closing immigration offices in Latin America
At the direction of President Trump, about 1,500 troops are being deployed to the southern border with increased operations to block illegal immigrant crossings set to start in the coming days. ...CBS News - Jan. 23 -
Trump administration halts NIH grant-making process
Scientific researchers are concerned after the National Institutes of Health (NIH) abruptly canceled numerous meetings essential to the fellowship and grant approval process earlier this week. ...The Hill - Jan. 23 -
Hugging Face shrinks AI vision models to phone-friendly size, slashing computing costs
Hugging Face's new SmolVLM models run on smartphones, outperform larger systems and slash computing costs by 300X.VentureBeat - Jan. 23 -
UK approaches potential administrators for Thames Water
Government is bracing for a possible renationalisation of the UK’s biggest water companyFinancial Times - Jan. 23 -
Trump urges oil-exporting nations to slash prices
The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.BBC News - Jan. 23 -
LNG exporter Venture Global slashes IPO price range despite President Trump’s pro-energy push
Venture Global is now seeking a more reasonable valuation of about $65 billion, versus earlier plans for about $110 billion.MarketWatch - Jan. 23 -
Trump Administration Temporarily Mutes Federal Health Officials
Scientific meetings were canceled, and research data on the bird flu outbreak was delayed, amid confusion over the directive.The New York Times - Jan. 23 -
How has China reacted to the new Trump administration?
President Trump said he would increase tariffs on Chinese goods during his campaign. But on Monday, he did not say when he would impose those tariffs and told reporters he received an invite to ...CBS News - Jan. 21 -
Trump administration fires Coast Guard chief
Coast Guard Commandant Adm. Linda Fagan has been fired from her role atop the U.S. military branch as President Trump's administration takes shape. Fagan was the first woman to have the leadership ...CBS News - Jan. 21 -
What's next for Trump's administration picks after inauguration?
The Senate will start to vote on President Trump's picks for his Cabinet and other top administration roles in the coming weeks, as more confirmation hearings are held. CBS News' Nikole Killion ...CBS News - Jan. 20 -
Trump’s RTO Plans Could Slash Federal Employee Head Count
The threat of DOGE-led job cuts may get further backing as the president vows to require government staffers to work in person five days a week.Inc. - Jan. 20 -
The strong dollar conundrum facing the Trump administration
The U.S. dollar is expected to strengthen in 2025 due to the Trump administration's preference for a weaker dollar, but this could lead to high inflation and global economic turmoil.The Hill - Jan. 19 -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - Jan. 17 -
D.C. Restaurants Look Ahead to Incoming Trump Administration
With Trump back in town, owners are wondering how the dining scene will shape up.The New York Times - Jan. 17 -
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The Biden administration eyes more drilling restrictions in Alaska
The Biden administration is setting in motion actions that could prevent drilling in more “special areas” of Alaska’s north slope — if the incoming Trump administration does not shelve it. The ...The Hill - Jan. 16 -
Biden to defer TikTok law implementation to Trump administration
NBC News Anchor Savannah Sellers joins Meet the Press NOW with reporting that the Biden administration will not plan to levy fines against companies that allow access to TikTok in the U.S. during ...NBC News - Jan. 16 -
Biden administration launches cybersecurity executive order
With this executive order, the Biden White House is looking to boost digital security in the U.S. for the government and the private sector.CNBC - Jan. 16 -
Lee Zeldin Senate confirmation hearing for EPA administrator
Watch live coverage as Lee Zeldin, President-elect Donald Trump’s pick to be the Environmental Protection Agency administrator testifies at a confirmation hearing before the Senate Environment & ...NBC News - Jan. 16 -
BP gave a bleak outlook. Now it’s reportedly slashing jobs.
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.MarketWatch - Jan. 16 -
Does the Trump administration pose an existential threat to Canada?
Jibes about erasing the border and raising tariffs change the ground rulesFinancial Times - Jan. 16 -
Inside Elon Musk’s Plan for DOGE to Slash Government Costs
Mr. Musk has turned to Silicon Valley to help recruit executives who will take up unofficial positions across the federal government.The New York Times - Jan. 13 -
New rule could slash nicotine levels in tobacco products
The Biden administration is poised to try to lower the amount of nicotine in tobacco products, an eleventh-hour effort that’s been years in the making. The move would give the White House one ...The Hill - Jan. 13 -
Biden administration providing additional $500M in weapons to Ukraine
The Biden administration is providing an additional $500 million package in weapons and equipment to Ukraine from its existing military stockpiles, looking to further reinforce Kyiv's military less ...The Hill - Jan. 9 -
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‘We need to be in the room’: DOGE Caucus Democrat works with GOP to slash spending
Rep. Val Hoyle (D-Ore.), a member of the new House caucus partnering with President-elect Trump’s announced Department of Government Efficiency, joins Meet the Press NOW to discuss the bipartisan ...NBC News - Jan. 8
