Cost Cutting Drive
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BP to Cut Costs as Posts Fall
BP plans to cut at least $2 billion in costs after its first-quarter profits were hit by lower prices and a U.S. refinery outage, missing market forecasts.The Wall Street Journal - World -
BP to Cut Costs as Posts Fall
BP plans to cut at least $2 billion in costs after its first-quarter profits were hit by lower prices and a U.S. refinery outage, missing market forecasts.The Wall Street Journal - Business -
BP promises to cut costs as profit misses forecast
Oil major says it will trim $2bn of cash costs and announces another $1.75bn of share buybacksFinancial Times - Business -
BP plans to cut at least $2 billion in costs after its profit was hit by lower oil and gas prices and an outage at a U.S. refinery.
BP plans to cut at least $2 billion in costs after its profit was hit by lower oil and gas prices and an outage at a U.S. refinery.The Wall Street Journal - World -
House prices stagnate as mortgage rates increase
Mortgage deals have been rising as expectations of an imminent interest rate cut fade.BBC News - Top stories - Mortgage -
The iPhone Is Losing Its Cutting-Edge Appeal in China
A fall in Apple’s sales in China shows that some consumers there no longer see Apple’s flagship product as the most advanced in technology.The Wall Street Journal - Tech - China -
Union propagandists are confusing high housing costs with ‘wealth’
Overall, the average disposable income per capita in right-to-work states last year, adjusted for the cost of living, was roughly $2,800 higher than the average of the other states.The Hill - Politics -
Insulin Cost Is a Key Campaign Issue for Biden
President Biden says lowering the cost of insulin for seniors is among his proudest domestic policy achievements. He now faces the challenge of selling it to Americans of all ages.The New York Times - Top stories - Joe Biden -
How much does a ticket to the Met Gala cost?
Met Gala ticket prices cost far more in 2024 than they did last year. How much is a ticket?CBS News - Top stories -
UBS Beats Forecasts as Integration-Related Costs Fall
UBS returned to profit in the first quarter and booked $27 billion in new assets into its key global wealth management business.The Wall Street Journal - World -
UBS Beats Forecasts as Integration-Related Costs Fall
UBS returned to profit in the first quarter with the integration of Credit Suisse less of a drag on its performance than analysts anticipated, as the group continued to attract funds from wealthy clients.The Wall Street Journal - Business -
How much college athlete pay model may cost power schools
The college sports industry is moving closer an athlete compensation system. At this point, it seems inevitable.Yahoo Sports - Sports -
HSA costs you need to watch out for — and when not to worry
Health savings accounts are powerful tax-advantaged tools to pay for healthcare, but there are hidden fees that could cost consumers some of their savings, the Consumer Financial Protection Bureau warns.MarketWatch - Business -
The not-so-secret cost of being superhuman: elite sport’s problem with disordered eating
Athletes are breaking their silence about their experience of eating disorders and disordered eating. Why is this happening in an arena celebrated as the epitome of health?. Elite sport has long been consumed with the idea of the superhuman. ...The Guardian - World -
FuboTV’s stock dives as excessively high licensing costs led to loss of content
FuboTV’s took a dive Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected, but said monopolistic, extremely high content costs led to the loss of some programming.MarketWatch - Business -
How much does uni cost, and will I earn more if I go?
Given higher costs, some students are wondering whether going to university makes financial sense.BBC News - Top stories -
Consumers Fed Up With Food Costs Are Ditching Big Brands
After years of price increases, food companies say more consumers pull back. Fast-food chains and snack makers plan new deals and flavors.The Wall Street Journal - World - Federal Reserve -
As Elon Musk Abandons the $25K Tesla, This EV Costs Just $4,400
Meet the Zhidou Rainbow—it costs less than an ebike and is capable of completing the average US daily commute with charge to spare.Wired - Tech - Elon Musk -
Nurses faced with low pay, high cost of living. These cities are worst
A variety of factors have contributed to the national nursing shortage that has affected the U.S. over the past several years. One of these factors in particular is adequate pay, or lack thereof.The Hill - Politics -
Heineken to reopen closed UK pubs as cost of living pressures ease
Brewer will put £40mn annually into refurbishing its UK estate as pub groups regain confidenceFinancial Times - Business - United Kingdom -
Health systems and employers count economic cost of long Covid
Experts warn better data is required to drive policy as debilitating condition reduces workforceFinancial Times - Business - Covid -
Higher costs and cramped conditions: the impact of Europe’s housing crisis
Affording a home has become a political issue as rents and prices soar and supply plummets. Fix Europe’s housing crisis or risk fuelling the far-right, UN expert warns‘Everything’s just … on hold’: the Netherlands’ next-level housing crisisDecades ...The Guardian - World -
Paris authority slated for hiking cost of Métro and bus trips during Olympics
Union says rise unwelcome for tourists and residents – but officials say holders of regular transport passes will not be affected. Paris’s public transport authority has been accused of initiating ‘a bit of a racket’ after raising the price of ...The Guardian - World -
Consumers Fed Up With Food Costs Are Ditching Big Brands
After years of price increases, food companies say more consumers pull back. Fast-food chains and snack makers plan new deals and flavors.The Wall Street Journal - Business - Federal Reserve -
Germans grill Olaf Scholz over soaring cost of doner kebabs
Die Linke party is among those calling for a Dönerpreisbremse or price cap on the hugely popular street food. The soaring cost of doner kebabs has led to growing calls in Germany for a government subsidy programme to keep the inflation-hit dish, ...The Guardian - World -
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How much would a $40,000 home equity loan cost per month?
Are you thinking about taking out a $40,000 home equity loan? Here's how much your monthly payments would be.CBS News - Top stories -
Espresso AI emerges from stealth with $11M to tackle the cloud cost crisis
Espresso AI emerges from stealth with more than $11 million in seed funding to reduce cloud data warehouse costs by up to 80% using AI-powered SQL query optimization.VentureBeat - Tech -
Drive a Car, Not a Computer
I don’t want to stare at yet another computer screen while I’m driving.The Wall Street Journal - World -
Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. But costs are rising too.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.MarketWatch - Business -
Here's how much it costs to rent a 1-bedroom apartment across 10 major cities in Asia
Here is the median price to rent a 1-bedroom apartment across 10 major cities in Asia, according to the Global Property Guide.CNBC - Business -
Cost of bankrupt Birmingham’s equal-pay claim likely far lower than £760mn
City councillors say inflated ‘worst-case’ estimate has been used to justify major cuts and asset sales in local authorityFinancial Times - World -
Did Darvin Ham cost LeBron James his last real chance at another NBA title?
The even-keeled Michigan native, who was sacked as the Lakers’ head coach on Friday, was hired for his ability to manage personalities. Once he lost his players’ trust, it was only a matter of ⌛. The date is 31 January, less than two months ...The Guardian - World - NBA -
Settlement could cost NCAA nearly $3 billion; plan to pay athletes would need federal protection
The NCAA and major college conferences are considering a possible settlement of an antitrust lawsuit that could cost them billions in damages and force schools to share athletics-related revenue with their athletesABC News - Sports -
‘I don’t have a choice’: UK patients turn to medical loans for treatment costs
Boom in healthcare borrowing prompts warnings from doctors and campaignersFinancial Times - World - United Kingdom -
1996 ad perfectly predicted today's high cost-of-living. What it means for the next 30 years — and how to plan
"They say in thirty years a burger & fries could cost $16, a vacation $12,500, and a basic car $65,000."The Hill - Politics -
White House on canceled Columbia commencement: 'Unfortunate' small group cost their classmates this event
The White House on Monday called it "unfortunate" that protests on campus at Columbia University over the war in Gaza prompted the school to cancel its main commencement ceremony this year. "It is unfortunate that a small group of people went too ...The Hill - Politics -
Conviction could cost Trump votes, but until then his trial may not change minds
Polls show Trump's hush money charges carry some electoral risk, but recent interviews with voters suggest his New York trial isn't changing minds without a verdictABC News - Top stories - Donald Trump -
Can you afford to take care of your children and parents? Biden revives effort to lower costs
President Joe Biden is pushing proposals to help families pay for child care, preschool and elder care while he's running for reelection this yearABC News - Health - Joe Biden -
'We owe our children': Grieving parents say social media costing lives
Bereaved families whose children's deaths were linked to social media are sharing their stories with the BBC.BBC News - Top stories