Latest in Alarming Cuts
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Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.The Wall Street Journal - 6h -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - 9h -
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What Did Trump’s Tax Cuts Do?
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.The New York Times - 14h -
‘The Interview’: Ambassador David Pressman Is Alarmed by What He Has Seen
Ambassador David Pressman talks about his contentious relationship with Viktor Orban’s administration and why what happens in Hungary matters.The New York Times - 1d -
Rahm misses cut, McIlroy struggles in Dubai
Jon Rahm and Viktor Hovland missed the cut and Rory McIlroy was forced to battle to make the weekend as the headline acts struggled at the Dubai Desert Classic.ESPN - 9h -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - 1d -
Nearly 330,000 smoke alarms sold by HSN recalled due to malfunction
There have been 8 reports of made-in-China alarms sold by HSN nationwide and online not sounding in response to smoke.CBS News - 1d -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - 1d -
BP to cut 4,700 jobs to reduce costs
The job losses at the oil giant will affect more than 5% of its global workforce.BBC News - 1d -
The alarming contradictions awaiting Donald Trump’s dollar
Big tax cuts and tariff hikes will prevent any new Plaza Accord to manage currenciesFinancial Times - 1d -
‘Deeply alarmed’: Washington Post staff request meeting with Jeff Bezos
Journalists say in letter ‘trust has been lost’ and seek in-person meeting with billionaire owner over paper’s future. Over 400 staff members at the Washington Post have sent a letter to Jeff ...The Guardian - 2d -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - 2d -
Missile Attack Prompts Emergency Power Cuts in Ukraine
President Volodymyr Zelensky of Ukraine said air defenses had shot down at least 30 missiles from a “massive” barrage that had targeted gas and energy facilities.The New York Times - 2d -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - 2d -
The ‘Largest Illicit Online Marketplace’ Ever Is Growing at an Alarming Rate, Report Says
Huione Guarantee, a gray market researchers believe is central to the online scam ecosystem, now includes a messaging app, stablecoin, and crypto exchange—while facilitating $24 billion in ...Wired - 3d -
Cutting aeroplane contrails is an easy climate win
Tackling these emissions should be simple, fast and cost-effectiveFinancial Times - 4d -
Trump's words on Greenland and borders ring alarms in Europe, but officials have a guarded response
President-elect Donald Trump has tossed expansionist rhetoric at U.S. allies and potential adversaries with arguments that the frontiers of American power need to be extended into Canada and the ...ABC News - 6d -
U.S. Companies Cut Diversity Efforts as Challenges Mount
At least six major U.S. companies modified their DEI policies last year.Inc. - Jan. 10 -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
Meta cutting DEI team, programs in broad shift
Meta told employees Friday it will cut its diversity, equity and inclusion (DEI) team and roll back several related programs, marking another major shift in policy for the leading social media ...The Hill - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
It’s September 2026, and the Pentagon Is Alarmed
The effort to ban TikTok is not about what’s on the platform but about who runs it.The New York Times - Jan. 9 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
Fire alarms sound as flames engulf building during live NBC News report
NBC News' Morgan Chesky reports from Altadena, Calif., on the "utter heartbreak" and how residents have entered "24 hours of hell."NBC News - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Washington Post cutting 4 percent of workforce
The Washington Post plans to cut nearly 4 percent of its total workforce in the coming days, the company said Tuesday. A Post spokesperson said the cuts are part of plans to make larger changes ...The Hill - Jan. 7 -
Democrats under fire for not sounding alarm earlier on Biden
Democratic leaders and lawmakers are coming under growing scrutiny for not blowing the whistle sooner on what is widely perceived to be President Biden’s decline during the final two years of his ...The Hill - Jan. 7 -
Amazon's Ring announces smart smoke alarm as CES tech-palooza kicks off
Kidde and Ring will launch two models in April, along with a $5-per-month smoke monitoring subscription service.CNBC - Jan. 6 -
UK high-speed rail line told to cut charges
Regulator rules fees should come down by 3.8% compared with HS1’s proposalFinancial Times - Jan. 6 -
China’s drive to give Taiwanese visitors local IDs alarms Taipei
Officials fear jurisdiction will be compromised and push could open door for Beijing to intervene in its domestic affairsFinancial Times - Jan. 6 -
ECB has been too slow to cut rates, Eurozone economists warn
Almost half of analysts polled by the FT accuse rate-setters of being ‘behind the curve’Financial Times - Jan. 5 -
ATF chief warns that agency cuts could result in dire consequences
Congressional Republicans proposed $188 million in cutbacks to the agency this year, alleging the ATF overreaches and places too many restrictions, including on pistol braces.CBS News - Jan. 4 -
A bitter Hollywood divorce, an alarming cancer warning, and the arrival of Generation '??'
The U.S. surgeon general issues an alarming cancer warning, chess maestro Magnus Carlsen causes a stir, and South Korea's Jeju Airways suffers a tragedy.NBC News - Jan. 4 -
Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial Times - Jan. 4 -
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Slovakia threatens to cut benefit for Ukrainians
A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.BBC News - Jan. 2 -
Lions cut Jamal Adams from practice squad
The Lions are in desperate need of warm bodies on defense right now, but veteran safety Jamal Adams couldn't stick in Detroit.Yahoo Sports - Jan. 1 -
Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - Jan. 1 -
Iran’s brain drain is happening at an alarming rate
The country’s loss of human capital underscores systemic problemsFinancial Times - Jan. 1