Latest in Cost Cutting Move
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Mattel to lay off 120 workers in latest cost-cutting move
Mattel said the job cuts are part of an effort to save money as the company optimizes for growth.Los Angeles Times - 22h -
Postal Service signs cost-cutting deal with DOGE
The United States Postal Service said it has signed a deal with the Department of Government Efficiency (DOGE) to cut costs at the agency. Postmaster General Louis DeJoy told congressional leaders ...The Hill - 6d -
Rune Aero uses Nvidia GPUs to cut virtual wind tunnel costs by 80%
Rune Aero is using Nvidia GPUs to cut virtual wind tunnel costs by 80%, bringing down costs of developing airplanes.VentureBeat - 1d -
Stock Market Remains Uncertain Amid Trump’s Whipsawing Tariffs and Budget Cuts
The administration’s whipsawing moves are leaving investors guessing. The risk is that this uncertainty comes at a real cost to the economy.The New York Times - Mar. 13 -
Analysts love Intel’s CEO choice — but not enough to recommend buying the stock
Lip-Bu Tan is seen as a “transformative” leader who will move to cut costs. But both halves of Intel’s business require major fixes.MarketWatch - 6d -
South Africa plans to spend more on health and defense after US cuts aid
Lawmakers in South Africa have laid out plans to shore up the budgets for health and defense but also put up value added tax by 0.5%, a move that will raise the cost of livingABC News - Mar. 12 -
State Republicans Eager to Climb on Cost-Cutting Bandwagon
G.O.P. governors and legislators are parroting the federal Department of Government Efficiency by creating panels at the state level. But the similarities only go so far.The New York Times - Mar. 9 -
Bills to release LB Von Miller in salary cap cost-saving move
Releasing Miller will save the Bills $8.5 million in salary cap space.Yahoo Sports - Mar. 9 -
First-time buyers move further out of London as property costs bite
Similar trend found in other major UK cities including Birmingham and Manchester in the decade from 2013Financial Times - 2d -
Heathrow looks at building shorter third runway in bid to cut costs
London’s hub airport is preparing a detailed expansion plan after winning government backingFinancial Times - Mar. 8 -
Want to cut Medicaid costs without hurting patients? Here’s an easy solution.
The establishment of a National No-Fault Medical Malpractice program for physicians and hospitals participating in Medicare and Medicaid is an easy, commonsense proposal that would preserve access ...The Hill - Mar. 8 -
Hammocks, hostels or house-sitting: how to cut costs on backpacking trips
There are plenty of ways to save money when travelling. Follow these tips and the world is your oyster, for longer. From staying with locals and sleeping in a hammock to clubbing together with ...The Guardian - Mar. 11 -
FirstFT: Musk’s government spending cuts fail to halt rising costs
Also in today’s newsletter, Putin’s frontline visit and a new FT film on Nvidia’s riseFinancial Times - Mar. 13 -
Reeves to outline plan to cut regulation costs and boost growth
Chancellor will meet regulators after calling for action to restrict their scope in bid to save businesses billions. Rachel Reeves will meet UK regulators on Monday after calling for more action to ...The Guardian - 3d -
Department of Education cuts half its workforce
The Department of Education cut half its workforce amid President Trump’s effort to abolish the agency. Trump touted the cuts, saying they shift responsibilities away from the federal bureaucracy ...NBC News - Mar. 12 -
With Medicaid cuts looming, misinformation about immigrants, especially Latinos, spreads
As Republican lawmakers move to cut Medicaid spending, misinformation about immigrants, especially about Latinos, is spreading on social media.NBC News - Mar. 13 -
Novo Nordisk cuts Wegovy prices, following similar move by Zepbound-maker Eli Lilly
Makers of the popular obesity treatments Wegovy and Zepbound are cutting prices for people without insuranceABC News - Mar. 5 -
Cuts to NASA’s budget could derail America’s Mars ambitions
Such major and arbitrary cuts to NASA’s budget would do very little to save money, but they will undercut and decimate one of the most cost-effective programs within the federal government.The Hill - Mar. 13 -
Nasa cuts raise fears of handing more influence to SpaceX owner Musk
Fired workers warn cuts including closing of two offices will undermine agency work and increase costs. The Trump administration ’s decision to shutter two offices at Nasa risks “dramatically” ...The Guardian - 2d -
Judges order US government to rehire thousands of workers
Rulings are latest setback for Elon Musk’s cost-cutting driveFinancial Times - 6d -
Bills to cut Von Miller
Miller's contract called for a $23.814 million salary cap hit this year, so Buffalo needed to move on. He'll test free agency this week.Yahoo Sports - Mar. 9 -
Trump's cuts to Voice of America may be welcomed by China's government
The recent move by U.S. President Donald Trump to make cuts at Voice of America and other U.S. government-run media may be welcome news for China’s ruling Communist PartyABC News - 1d -
Judge orders Elon Musk and Doge to produce records about cost-cutting operations
The documents would ultimately inform whether Musk has been operating unconstitutionally to the extent Doge’s activities should be halted. Elon Musk and his so-called “department of government ...The Guardian - Mar. 13 -
AG Pam Bondi forms DOJ team to work with DOGE on cost-cutting efforts: Sources
AG Pam Bondi has established an internal DOJ team to work with Elon Musk's DOGE group to facilitate the review of the Justice Department's various divisions, sources say.ABC News - Mar. 13 -
Poll shows strong disapproval of Musk cost-cutting as US agencies end leases
‘Department of government efficiency’ to terminate 793 leases as poll says 60% of voters disapprove of Musk agency. US politics live – latest updates Donald Trump and Elon Musk face ...The Guardian - 6d -
More home builders cut prices to lure buyers put off by high costs
Builder sentiment fell to the lowest level in seven months, the National Association of Home Builders said.MarketWatch - 3d -
Source: Falcons cut longtime fan favorite Jarrett
In a somewhat surprising move, the Atlanta Falcons are moving on from defensive tackle Grady Jarrett, one of their franchise players over the last decade.ESPN - Mar. 10 -
Aid workers warn ‘people are dying and they’re going to continue dying’ as funding cuts hit
Moves by US, UK and other donors to cut aid mean ‘high malnutrition rates, starvation and death’, say experts. Cuts to food assistance by the US, Britain and others are already leading to more ...The Guardian - 6d -
Israel to cut off electricity in Gaza in apparent effort to force hand of Hamas
Humanitarian officials say move could hit already meagre water supply, as ceasefire talks grow increasingly chaotic. Israel is to cut off any remaining electricity supplies to Gaza in an apparent ...The Guardian - Mar. 9 -
Is Trump reining in Musk after showdown with cabinet?
The president intervenes in a cost-cutting row after a reported clash at the White House.BBC News - Mar. 8 -
What Does a Shutdown Have to Do With the Budget or Elon Musk? Here’s a Guide.
A short-term spending bill, a 10-year budget plan and Musk’s cost-cutting team are all progressing at once.The New York Times - Mar. 11 -
DOGE’s Next Casualty? The Women’s Workwear Brand Dressing the D.C. Set
Elon Musk’s government cost-cutting efforts have unintentionally bled into the fashion world.Inc. - Mar. 12 -
Vanguard plugs ‘transformational’ idea for Europe ETF trading venue
Euronext’s plan to consolidate ETF trading on to one of its seven bourses would cut costs, senior executive saysFinancial Times - 1d -
Israeli Energy Minister Cuts Off Electricity to Gaza
The move, which will mainly affect a single wastewater treatment plant, appeared intended to put pressure on Hamas.The New York Times - Mar. 9 -
Labour unveils disability benefits cuts that aim to save over £5bn
Move risks stoking biggest backbench rebellion of Keir Starmer’s premiershipFinancial Times - 2d -
Texans cut WR Kearis Jackson, S Brandon Hill, CB Anthony Averett
Houston has moved on from three players on Monday.Yahoo Sports - 2d -
Ontario says it will slap a 25% surcharge on US-bound electricity
The move is in retaliation to Trump's tariff threats on Canada, and is expected to raise energy costs for 1.5 million US homes.BBC News - Mar. 10 -
Congress poised to force $1B cut to local DC budget, surprising many lawmakers
Congress is poised to pass a President Trump-endorsed funding bill this week that D.C. officials warn would lead to a $1 billion cut to the district’s local budget, a move that has been catching ...The Hill - 6d -
PwC cuts record number of UK partners and halts tech apprenticeship scheme
Moves come as consultants strain to protect annual profit pool of close to £1mn per partnerFinancial Times - Mar. 12 -
EPA Cuts Expose Businesses in Disadvantaged Areas to Pollution Risks
Closure of the EPA’s environmental justice offices end their work protecting communities battling pollution with Trump officials justifying the move.Inc. - Mar. 13
