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Japanese investors dump Eurozone bonds at fastest pace in a decade
Net selling highlights how rising interest rates in Japan are reshaping global marketsFinancial Times - 1h -
The Papers: Job cut fears and PM 'rejects whole-life term reform'
The state of the UK economy and calls for sentencing reform after the Southport attack lead the papers.BBC News - 1d -
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday.NBC News - 1d -
UK businesses cut jobs at fastest pace since 2009 bar the pandemic
S&P’s results add to gloom about economy as employment levels fallFinancial Times - 1d -
CNN Cuts Jobs and Shuffles TV Lineup as It Enters New Trump Era
Mark Thompson has promised to reinvent CNN since he arrived in 2023. Now, he is remaking the network’s TV lineup and its work force.The New York Times - 2d -
Sainsbury's to cut 3,000 jobs and shut cafés and pizza counters
The changes are part of a cost-cutting plan, but recent tax rises for businesses have also been a factor.BBC News - 2d -
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.CNBC - 2d -
Sainsbury’s to cut 3,000 jobs as rising costs hit business
Supermarket chain will lose a fifth of senior management roles and close in-store cafésFinancial Times - 2d -
These federal jobs are most at risk of being cut by Trump’s executive orders
Workers in DEI roles, new hires, and IRS employees are at risk as Trump culls the federal workforce.MarketWatch - 3d -
Stripe cuts 300 jobs in product, engineering and operations
Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed.CNBC - 4d -
Pay after inflation rises at fastest rate since 2021
Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.BBC News - 4d -
UK employers cut jobs after Budget, official data shows
Drop in payrolled workforce comes even as wage growth acceleratesFinancial Times - 4d -
Anatomy of a jobs promise
Eye-catching boosterism about employment from new projects does not always stand up to scrutinyFinancial Times - 5d -
UConn's Paige Bueckers becomes fastest player to 2,000 career points in program history
Bueckers needed just 102 games to reach the mark, surpassing Maya Moore's 108 gamesCBS Sports - 5d -
Bueckers fastest in UConn history to 2K points
UConn star Paige Bueckers became the fastest player in program history to reach 2,000 career points.ESPN - 5d -
Paige Bueckers becomes fastest UConn player to 2,000 points in 96-36 win over Seton Hall
STORRS, Conn. (AP) — Paige Bueckers scored 18 points to surpass 2,000 in her career and No. 6 UConn cruised to a 96-36 win over Seton Hall on Sunday.Yahoo Sports - 6d -
Commerzbank explores thousands of job cuts in answer to Andrea Orcel
German lender under pressure to cut costs and boost returns after approach from UniCreditFinancial Times - Jan. 18 -
Starbucks’s turnaround plan under new CEO now likely includes job cuts
Coffee chain Starbucks’s promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.MarketWatch - Jan. 18 -
Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.The Wall Street Journal - Jan. 17 -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - Jan. 17 -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - Jan. 16 -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - Jan. 16 -
BP to cut 4,700 jobs and 3,000 contractor roles to help save £1.6bn
Oil company to lose 5% of its staff in effort to cut costs amid shareholder worries over green energy strategy. BP is to cut thousands of jobs from its global workforce, amounting to 5% of its ...The Guardian - Jan. 16 -
BP to cut 4,700 jobs to reduce costs
The job losses at the oil giant will affect more than 5% of its global workforce.BBC News - Jan. 16 -
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - Jan. 16 -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - Jan. 15 -
Gazprom considers record job cuts as Ukraine war ravages finances
Russian energy group hit by plummet in European gas sales and oil sanctions, putting 1,600 jobs on lineFinancial Times - Jan. 13 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.CNBC - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.NBC News - Jan. 9 -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - Jan. 9 -
Vonn 10th fastest in practice for her first World Cup downhill in 6 years
Ski great Lindsey Vonn has been 10th fastest in a training run in Austria for her first World Cup downhill race in six yearsABC News - Jan. 9 -
Lindsey Vonn 10th fastest in practice for first World Cup downhill in six years
American is attempting comeback at age of 40 Vonn has won 43 World Cup downhills in long career Lindsey Vonn was 10th fastest in a training run on Thursday for her first World Cup downhill in ...The Guardian - Jan. 9 -
Microsoft confirms performance-based job cuts across departments
Microsoft said it's cutting a small percentage of jobs across departments, based on performance.CNBC - Jan. 9 -
Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premisesFinancial Times - Jan. 8 -
Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial Times - Jan. 4 -
Breast cancer rates rising fastest in younger women, study finds
New research reveals breast cancer rates are increasing faster among younger women than any other group. Elaine Quijano reports on the findings.CBS News - Jan. 3 -