Billions Cuts Disabled

Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion

The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.

Tech - The New York Times - 5 days ago

Siemens to Buy Altair in $10.6 Billion Equity Deal

The German industrial giant is acquiring software and technology company Altair, a deal that will increase Siemens’s digital business revenue.

Business - The Wall Street Journal - 5 days ago

Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit

The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.

Business - The New York Times - 4 days ago

Kroger Finalizes $1.37 Billion Opioid Crisis Settlement

Kroger finalized a $1.37 billion settlement in connection with the grocery chain’s role in the U.S. opioid crisis, Nevada Attorney General Aaron Ford said.

Business - The Wall Street Journal - 20 hours ago

Welsh councils plan cuts to plug £500m budget gap

Cuts to services loom as Welsh councils face a £500m budget gap.

Boeing to Cut 10% of Workers Amid Strike, Delay New 777X Production

The plane maker plans to book $5 billion in charges on troubled programs and warns of a deeper quarterly loss amid machinists strike.

Business - The Wall Street Journal - October 11

UK farmers forced to cut food production to stay viable, warns NFU

Terrible harvest and falling subsidies force businesses to embrace greener alternatives, says Tom Bradshaw

World - Financial Times - October 14

Children must not pay price of council cuts, commissioner says

Local government experts say councils made all the "easy cuts" years ago and still face shortfalls.

BBC boss warns of Russian and Chinese propaganda

The UK is losing out because of cuts to the World Service, the BBC's director general warns.

Reeves cuts National Wealth Fund budget despite UK investment drive

Chancellor’s decision comes as government seeks to work with private sector to decarbonise economy

Business - Financial Times - October 14

Fed’s Waller calls for rate cut caution after ‘disappointing’ data

Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcome

World - Financial Times - October 15

LCS takeaways: Yankees grab Game 1, Mets pull even

The Mets quieted Dodger Stadium in an NLCS Game 2 blowout, while the ALCS began with a Yankees win.

Sports - ESPN - October 15

HK Leader May Focus on Economy, Liquor Tax Cut in Speech

World - Yahoo News - October 15

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