Latest in Cut 10b Profit
Sort by
211 items
-
OpenAI funding round could be cut by $10B if for-profit conversion doesn't occur by year-end
OpenAI’s massive private funding round could be slashed by as much as $10 billion if the company doesn’t restructure into a for-profit entity by Dec.NBC News - 4d -
OpenAI funding round could be cut by $10 billion if for-profit conversion doesn't occur by year-end
If OpenAI doesn't restructure into an independent for-profit company by Dec. 31, its mega-financing round could be slashed by $10 billion.CNBC - 4d -
Chelsea report £128.4m profit after selling women’s side to themselves
Club turn last year’s pre-tax loss into pre-tax profit Move scrutinised over rules around fair market value Chelsea appear to have complied with the Premier League’s profitability and ...The Guardian - 4d -
Meet the 23-Year-Old Student Who Raised $25 Million in Democratic Losses
A law student in Florida has a lucrative side gig: fund-raising consultant. His firm earns a 25 percent cut of “profit” from donations, and critics have begun to pile up after two special elections.The New York Times - 6h -
Women's team sale pads £128.4m Chelsea profit
Chelsea recorded a pre-tax profit before taxation of 128.4 million pounds ($165.83 million) for the year ending in June despite a fall in revenue thanks to the repositioning of their women's team, ...ESPN - 3d -
Chelsea report £128m profit after selling women's team
Chelsea report a £128.4m profit in their latest financial results for the year ending June 2024, having sold their women's team to a parent company.BBC News - 4d -
Los Angeles turned a profit on its last Olympics, and city near 'fiscal emergency' has no margin for budget miss in 2028
Los Angeles turned a profit on its last Olympics. The 2028 Summer Games may come up short, and leave taxpayers on the hook.CNBC - 4d -
China's telecoms giant Huawei Technologies says its profit fell 28% while revenue surged in 2024
Chinese telecoms gear giant Huawei says its net profit fell 28% in 2024 while its revenue surged, as the company invested heavily in advanced technologiesABC News - 4d -
China's telecoms giant Huawei Technologies says its profit fell 28% while revenue surged in 2024
Chinese telecoms gear giant Huawei says its net profit fell 28% in 2024 while its revenue surged, as the company invested heavily in advanced technologiesABC News - 4d -
Chelsea find loophole to report pre-tax profit and rival fans will be angry – but it’s all within the rules
Chelsea’s owners have found a loophole and have been able to report a pre-tax profit in their finances this year, which will anger many.But by doing this, they will comply with PSR rules and also ...Yahoo Sports - 3d -
Experts say US weather forecasts will worsen as DOGE cuts balloon launches
With massive job cuts, the National Weather Service is reducing vital weather balloon launches in eight northern locationsABC News - Mar. 22 -
Here's how cuts at NIH could impact cancer patients
The Trump administration's cuts to the National Institutes of Health has some worried about stalls in research and medicine.CBS News - 1d -
Trump administration ramps up threat to cut school funding over DEI
The Trump administration threatened to cut school funding if states don’t certify that they do not have unlawful diversity, equity and inclusion practices.NBC News - 22h -
Republicans moving ahead with Trump's 'big' bill of tax breaks and spending cuts
After a long wait, the Senate is launching action on President Donald Trump’s ”“big, beautiful bill” of tax breaks and spending cutsABC News - 14h -
Widespread job cuts begin at health agencies
Layoffs began widely Tuesday morning at the Department of Health and Human Services as the agency sets out to cut some 10,000 full-time jobs as the Trump administration works to drastically shrink ...NBC News - 3d -
County Championship season set for controversial cut
The County Championship looks increasingly likely to be cut from 14 matches to 12 per team from 2026 after another review of the domestic structure which is likely to illicit anger among some leaders.Yahoo Sports - 1d -
Screen Time: How Gender Diversity Boosts Box Office Profits
A new report indicates that gender-balanced films outearn male-dominated movies.Inc. - 6d -
To Secure $40 Billion, OpenAI Must Complete For-Profit Transition by End-Year
SoftBank can reduce funding to $20 billion if OpenAI fails to fully transition by the deadline.Inc. - 5d -
China’s WeRide warns driverless tech profitability ‘difficult to predict’
Nasdaq-listed autonomous vehicle company says government regulation and local partners are key to ending years of lossesFinancial Times - 4d -
Trump's aid cuts may be delaying U.S. response to Myanmar quake
The U.S. is largely absent from the international response to a devastating earthquake in Myanmar amid President Donald Trump's deep cuts to foreign aid.NBC News - 4d -
Doolan puts Thistle exit down to cuts & lack of signings
Kris Doolan believes budget cuts and a failure by the club to strengthen in January were key factors that led to his sacking as Partick Thistle manager.Yahoo Sports - 3d -
Dear DOGE: Save a trillion, but by cutting red tape, not services
Elon Musk's recent shift in tone and the Department of Government Efficiency's firing of probationary employees demonstrate the need to measure twice and cut once, and to eliminate GSA, GPRA, and ...The Hill - 2h -
Senate Republicans release budget blueprint with new tax cuts and a $5 trillion debt limit hike
Senate Republicans released a new budget blueprint Wednesday that would pave the way for $1.5 trillion in new tax cuts in addition to making President Donald Trump’s 2017 tax cuts permanent.NBC News - 2d -
NFL insider hints at Eagles parting ways with Dallas Goedert if he doesn't take pay cut
Tim McManus of ESPN says that outside of him taking a pay cut, it's hard to envision Dallas Goedert returning to Philadelphia in 2025Yahoo Sports - 3h -
Radio Free Europe sues over U.S. funding cuts | 60 Minutes
Radio Free Europe, which has been a vital tool in the fight against disinformation and authoritarianism, filed a lawsuit after President Trump moved to cut funding to U.S. government-run broadcasters.CBS News - 4d -
Senate Democrat will block Trump’s VA nominees to protest cuts
Sen. Ruben Gallego (D-Ariz.) says he will put a hold on President Trump’s nominees to lead the Department of Veterans Affairs to protest cuts at the agency that provides lifelong healthcare ...The Hill - 3d -
How HHS job cuts will impact how government handles disease prevention
The Trump administration carried out mass layoffs across the Department of Health and Human Services aiming to cut around 10,000 full-time jobs. NBC News’ Gabe Gutierrez details how this could ...NBC News - 3d -
Dozens of free measles vaccine clinics close in Texas as federal funding is cut
As Texas measles outbreak continues, federal funding cuts have forced public health officials in Dallas to cancel dozens of vaccination clinics and lay off 21 workers.NBC News - 3d -
Trump administration cuts 10,000 HHS jobs to downsize bureaucracy
In an effort to cut spending, the Trump administration laid off 10,000 federal workers from the Department of Health and Human Services. Meanwhile, in a symbolic move, Democratic Senator Cory ...NBC News - 2d -
Senate Republicans eye budget resolution vote this week with reduced spending cuts
Senate Republicans are hoping to vote on a budget resolution this week that would pave the way for President Trump’s “big, beautiful bill” encompassing tax cuts, border security and energy ...The Hill - 2d -
All staff cut at federal HHS energy affordability office
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story All staff cut at federal HHS energy affordability office The Department of Health and Human ...The Hill - 1d -
RFK Jr. announces HHS reinstating some programs, employees cut by mistake
On the heels of terminating 10,000 jobs from the HHS, Robert F. Kennedy Jr. told ABC News some programs would soon be reinstated because they were mistakenly cut.ABC News - 1d -
Kennedy suggests 20 percent of HHS cuts may be reversed
Department of Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. said that he expects about 20 percent of fired employees to be reinstated as the agency backtracks after making cuts ...The Hill - 22h -
Trump urges Fed to cut rates as tariffs cause stock plunge
President Trump urged the Federal Reserve to cut interest rates and ripped the head of the independent central bank as new tariffs caused stocks to plunge. In a Friday post on his Truth Social ...The Hill - 6h -
Cutting Off NPR and PBS
Republicans say there is no reason for the government to fund the public broadcasters.The New York Times - 3d -
OpenAI secures $300bn valuation after $40bn SoftBank-led funding round
Newest financing comes as ChatGPT maker seeks to become conventional for-profit companyFinancial Times - 3d -
Why Islamic banking is taking off
Pakistan’s Meezan Bank is the country’s most profitable bank. How?Financial Times - 2d -
Medicare, Medicaid agency cuts jobs from minority health office, other divisions, as RFK Jr. guts U.S. health department
CMS detailed some of the specific offices impacted by cuts under Kennedy's broader plan to restructure the Department of Health and Human Services.CNBC - 1h
