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Associated Press cutting staff through buyouts
The Associated Press is slashing a number of jobs as a cost cutting measure, the company confirmed this week. In a note to staff on Monday, CEO Daisy Veerasingham wrote the AP is will offer "a ...Politics - The Hill - November 18 -
UK’s largest retailers warn Reeves her Budget makes job cuts ‘inevitable’
Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills.Top stories - BBC News - November 19 -
£100 payment to help pensioners with winter fuel cuts
Pensioners affected by cuts to winter fuel support are to get a one-off £100 payment from Stormont.Top stories - BBC News - November 19 -
Medicaid May Face Big Cuts and Work Requirements
Republicans in Congress are eyeing cuts to Medicaid, which could threaten health coverage for tens of millions of poor Americans.Health - The New York Times - November 20 -
Northern Rail to cut Christmas timetable to improve reliability
UK’s largest train operator outside London has breached its contract three times this year due to cancellationsWorld - Financial Times - November 20 -
Ford’s troubles continue. Its stock price slumps as automaker plans job cuts
Ford outlined plans to lay off 4,000 employees in the U.K. and Germany in response to a series of losses it blamed on unprecedented competitive, regulatory and economic headwinds in Europe’s car ...Business - MarketWatch - November 20 -
£500m defence cuts as ships, drones and helicopters scrapped
Critics said the move would leave UK defence weaker, at a time of growing international tensions and after over a decade of funding pressures on the armed forces.Top stories - BBC News - November 20 -
Medicaid cuts in crosshairs as Trump, GOP take control
Significant cuts to Medicaid could be on the table next Congress as President-elect Trump and Republicans look for ways to offset tax cuts and streamline government spending. Republicans on Capitol ...Politics - The Hill - 6 days ago -
5 obstacles Republicans will face on the road to tax cuts
Republicans are facing some tough decisions regarding their desired tax cuts as one of their top legislative priorities, some of which have dogged the conference for years. While there is broad GOP ...Politics - The Hill - 6 days ago -
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Giants agree to cut Jones: Best for QB and team
The Giants are granting Daniel Jones' request to be released, saying the sides mutually agreed that it "would be best for him and for the team" to move on.Sports - ESPN - 4 days ago -
Bosch to Cut Thousands of Jobs as Auto Woes Intensify
Bosch said it expected to cut 3,500 jobs in its cross-domain computing solutions division by 2027. Subdued car sales and intense competition have hit earnings at carmakers.Business - The Wall Street Journal - 5 days ago -
Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.Business - The Wall Street Journal - 4 days ago -
How to Cut AI's Appetite for Electricity and Water
Artificial intelligence doesn’t have to be such a power guzzler. Here’s how to make it less hungry.Business - The Wall Street Journal - 5 days ago -
Elon and Vivek: Please listen before cutting government
If Elon and Vivek are to make any headway, here are the three largest points of leverage.Politics - The Hill - Yesterday -
Interest Rate Debate Continues on December Cut
The minutes of the Fed’s November meeting indicate the central bank’s policymakers haven’t decided on a rate cut next month.Business - Inc. - 22 hours ago -
Car speed limits could be cut but raised for HGVs
Under government plans, the car limit would go from 60mph to 50mph on single carriageways and from 40mph to 50mph for lorries.Top stories - BBC News - 5 hours ago -
Israel Cuts Ties With U.N. Agency, Creating New Hurdles for Palestinian Aid
The new laws effectively ban Unrwa from operating in Israeli territory and will make it harder for the agency to lead the humanitarian response to the Gaza war.World - The Wall Street Journal - October 29 -
Saudi Arabia’s wealth fund pivots from international investments
Public Investment Fund will focus more of its financial firepower on domestic projectsBusiness - Financial Times - October 29 -
Biden Announces $3 Billion to Cut Carbon Emissions at U.S. Ports
On a visit to Baltimore, the president said federal grants would help upgrade port infrastructure at 55 sites nationwide.Business - Inc. - October 29 -
Small Business Owners More Confident About Borrowing After Rate Cut
Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.Business - Inc. - October 29 -
The UK Budget in five charts: Reeves limits BoE space for rate cuts
Central bank is nevertheless still likely to ease policy this year and nextBusiness - Financial Times - October 30 -
Trump Media plummets 22%, cutting into DJT rally days before election
Republican presidential nominee Donald Trump owns nearly 57% of the company, which trades as DJT on the Nasdaq.Business - CNBC - October 30 -
Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates
Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.Business - Inc. - October 30 -
South Africa cuts growth target as economic reality bites
Lower GDP projection comes despite coalition’s charm offensive to win over foreign investorsBusiness - Financial Times - October 30 -
Eli Lilly's quarter was messy. What to do with the stock is more clear-cut
We're upgrading our rating on the drugmaker to a buy-equivalent 1.Business - CNBC - October 30 -
Spirit Airlines furloughs more pilots as part of efforts to cut costs
Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with ...Business - MarketWatch - October 31 -
Microsoft CFO says OpenAI investment will cut into profit this quarter
Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.Business - CNBC - October 31 -
Estée Lauder shares plunge as China sales slump prompts dividend cut
Beauty group’s stock drops 25% after guidance withdrawn for rest of yearBusiness - Financial Times - October 31 -
Tumblers sold at Wawa stores recalled after reports of cuts
The manufacturer of tumblers sold at Wawa stores says it has received four reports of cuts from the product's metal drinking straws.Top stories - CBS News - October 31 -
Huntington Ingalls' Shares Tumble on Outlook Cut, Navy Contract Delay
The biggest U.S. military shipbuilder pulled its five-year free cash-flow forecast amid uncertainty about a submarine contract, supply-chain disruption and the loss of experienced workers.Business - The Wall Street Journal - October 31 -
Nomura profits surge as chief takes pay cut over trading scandal
Japan’s biggest investment bank and brokerage beats expectations but is still dogged by controversyBusiness - Financial Times - November 1 -
Wayfair customers are more price conscious, have cut spending as election nears
Wayfair’s stock turned lower as some downbeat comments about the home-goods seller’s customers followed an earnings beat.Business - MarketWatch - November 1 -
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Richard Moore executed in South Carolina despite appeal to cut sentence to life
South Carolina executed convicted killer Richard Moore despite a broad appeal for mercy by parties that included three jurors and the judge from his trial.Top stories - NBC News - November 1 -
The Papers: 'King cuts off Andrew' and 'tax blow for care homes'
A range of stories are on the front of Saturday's papers including a new biography about the royals.Top stories - BBC News - November 2 -
