Latest in Bankruptcy Cost Cutting
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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 - 6h -
The Cost of Surviving a Wildfire
Evacuating a disaster is often the lifesaving choice, but it comes with short-term costs to address immediate needs and incalculable personal and financial tolls in the future.The New York Times - 7h -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - 11h -
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 - 11h -
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - 12h -
TSMC cuts profitability target as cost of diversifying supply chains bites
World’s biggest chipmaker faces less efficient operations in US and Japan but gets boost from AI demandFinancial Times - 14h -
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. - 1d -
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 - 1d -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - 1d -
Mayfield blames self for 'dumb stuff' that cost Bucs
Buccaneers QB Baker Mayfield took the blame for a costly fourth-quarter fumble Sunday night against Washington and said that while it will "wear on me for a while," he's proud of the way his team ...ESPN - 3d -
Cutting aeroplane contrails is an easy climate win
Tackling these emissions should be simple, fast and cost-effectiveFinancial Times - 3d -
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - 3d -
Estimated cost of Thames Water renationalisation questioned
Comparison with Bulb government loans gives exaggerated forecast, experts claimFinancial Times - 3d -
Prospect Medical Holdings files for bankruptcy after owner payouts
Bankruptcy comes days after scathing Senate report on private equity impact on hospitals.CBS News - 4d -
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U.S. Companies Cut Diversity Efforts as Challenges Mount
At least six major U.S. companies modified their DEI policies last year.Inc. - 6d -
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 - 6d -
Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.CNBC - 6d -
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 - 6d -
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 - 6d -
The Costs of the Los Angeles Fires
Damages are now estimated to reach up to $57 billion. The blazes add to a string of climate-related catastrophes hitting businesses and homeowners.The New York Times - 6d -
LA wildfire damages set to cost record $135bn
Some of the most expensive properties in the US have been wiped out by the fires.BBC News - 6d -
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 -
Catastrophes cost world $320bn in 2024, reinsurer reports
Losses rise by 30% as climate change takes its tollFinancial Times - Jan. 9 -
Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.MarketWatch - 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 -
Tips for cutting down winter heating costs and electricity bills
From setting your thermostat between 68 and 70 degrees to properly sealing your home, NBC’s Vicky Nguyen joins TODAY to share ways you can save on home heating and electricity bills during the ...NBC News - Jan. 8 -
Navy faces steep shipbuilding costs
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Navy's plan to build more ships faces steep costs The Congressional ...The Hill - Jan. 7 -
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 -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - Jan. 7 -
Your Customers Are Costing You Dearly
The customer is not always right. And some of them are more expensive than they’re worth.Inc. - Jan. 7 -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - Jan. 7 -
Driving into Manhattan? That’ll Cost You as Congestion Begins
Congestion pricing is intended to reduce traffic gridlock and fix New York’s public transit infrastructure.Inc. - Jan. 5 -
The best ways to keep costs down as temperatures drop
A cold snap across the UK comes just as energy prices have risen, so here are a few tips to help you keep warm.BBC News - Jan. 3 -
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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 -
Reinsurance costs fall as sector deploys record capital
Decrease follows two years of bumper profits for providersFinancial Times - 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 -
How tariffs could affect health care costs
{beacon} Health Care Health Care The Big Story How tariffs could affect health care costs President-elect Trump’s proposed tariffs on imports could drastically affect the cost of prescription ...The Hill - Dec. 31