Latest in Cut Prescription
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Pharmacies vote to cut opening hours in funding protest
Pharmacists in England, Wales and Northern Ireland to reduce opening hours and stop home deliveries.Top stories - BBC News - November 14 -
Job cuts 'inevitable' over £30m university deficit
Dundee University has told staff it faces "an extremely challenging period" for the higher education sector.Top stories - BBC News - November 14 -
Why mortgage costs are rising despite interest rate cut
Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.Top stories - BBC News - November 15 -
SNP plans to cut staff at party headquarters
The SNP's ruling body has proposed cutting staff the number of staff at its headquarters from 26 to 16.Top stories - BBC News - November 16 -
Associated Press cutting staff through buyouts
The Associated Press is slashing a number of jobs as a cost cutting measure, the company confirmed this week. In a note to staff on Monday, CEO Daisy Veerasingham wrote the AP is will offer "a ...Politics - The Hill - November 18 -
UK’s largest retailers warn Reeves her Budget makes job cuts ‘inevitable’
Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills.Top stories - BBC News - November 19 -
£100 payment to help pensioners with winter fuel cuts
Pensioners affected by cuts to winter fuel support are to get a one-off £100 payment from Stormont.Top stories - BBC News - November 19 -
Medicaid May Face Big Cuts and Work Requirements
Republicans in Congress are eyeing cuts to Medicaid, which could threaten health coverage for tens of millions of poor Americans.Health - The New York Times - November 20 -
Northern Rail to cut Christmas timetable to improve reliability
UK’s largest train operator outside London has breached its contract three times this year due to cancellationsWorld - Financial Times - November 20 -
Ford’s troubles continue. Its stock price slumps as automaker plans job cuts
Ford outlined plans to lay off 4,000 employees in the U.K. and Germany in response to a series of losses it blamed on unprecedented competitive, regulatory and economic headwinds in Europe’s car ...Business - MarketWatch - 6 days ago -
£500m defence cuts as ships, drones and helicopters scrapped
Critics said the move would leave UK defence weaker, at a time of growing international tensions and after over a decade of funding pressures on the armed forces.Top stories - BBC News - 6 days ago -
Medicaid cuts in crosshairs as Trump, GOP take control
Significant cuts to Medicaid could be on the table next Congress as President-elect Trump and Republicans look for ways to offset tax cuts and streamline government spending. Republicans on Capitol ...Politics - The Hill - 6 days ago -
5 obstacles Republicans will face on the road to tax cuts
Republicans are facing some tough decisions regarding their desired tax cuts as one of their top legislative priorities, some of which have dogged the conference for years. While there is broad GOP ...Politics - The Hill - 6 days ago -
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Giants agree to cut Jones: Best for QB and team
The Giants are granting Daniel Jones' request to be released, saying the sides mutually agreed that it "would be best for him and for the team" to move on.Sports - ESPN - 4 days ago -
Bosch to Cut Thousands of Jobs as Auto Woes Intensify
Bosch said it expected to cut 3,500 jobs in its cross-domain computing solutions division by 2027. Subdued car sales and intense competition have hit earnings at carmakers.Business - The Wall Street Journal - 4 days ago -
Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.Business - The Wall Street Journal - 4 days ago -
How to Cut AI's Appetite for Electricity and Water
Artificial intelligence doesn’t have to be such a power guzzler. Here’s how to make it less hungry.Business - The Wall Street Journal - 5 days ago -
Elon and Vivek: Please listen before cutting government
If Elon and Vivek are to make any headway, here are the three largest points of leverage.Politics - The Hill - 23 hours ago -
Interest Rate Debate Continues on December Cut
The minutes of the Fed’s November meeting indicate the central bank’s policymakers haven’t decided on a rate cut next month.Business - Inc. - 20 hours ago -
Car speed limits could be cut but raised for HGVs
Under government plans, the car limit would go from 60mph to 50mph on single carriageways and from 40mph to 50mph for lorries.Top stories - BBC News - 3 hours ago -
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Volkswagen Could Close 3 Plants in Germany to Cut Costs
The auto maker’s top employee representative told workers that management planned to shutter factories for the first time in the company’s 87-year history.World - The New York Times - October 28 -
For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany
The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.Top stories - The New York Times - October 28 -
Israel Cuts Ties With U.N. Agency, Creating New Hurdles for Palestinian Aid
The new laws effectively ban Unrwa from operating in Israeli territory and will make it harder for the agency to lead the humanitarian response to the Gaza war.World - The Wall Street Journal - October 29 -
Saudi Arabia’s wealth fund pivots from international investments
Public Investment Fund will focus more of its financial firepower on domestic projectsBusiness - Financial Times - October 29 -
Biden Announces $3 Billion to Cut Carbon Emissions at U.S. Ports
On a visit to Baltimore, the president said federal grants would help upgrade port infrastructure at 55 sites nationwide.Business - Inc. - October 29 -
Small Business Owners More Confident About Borrowing After Rate Cut
Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.Business - Inc. - October 29 -
The UK Budget in five charts: Reeves limits BoE space for rate cuts
Central bank is nevertheless still likely to ease policy this year and nextBusiness - Financial Times - October 30 -
Trump Media plummets 22%, cutting into DJT rally days before election
Republican presidential nominee Donald Trump owns nearly 57% of the company, which trades as DJT on the Nasdaq.Business - CNBC - October 30 -
Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates
Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.Business - Inc. - October 30 -
South Africa cuts growth target as economic reality bites
Lower GDP projection comes despite coalition’s charm offensive to win over foreign investorsBusiness - Financial Times - October 30 -
Eli Lilly's quarter was messy. What to do with the stock is more clear-cut
We're upgrading our rating on the drugmaker to a buy-equivalent 1.Business - CNBC - October 30 -
Spirit Airlines furloughs more pilots as part of efforts to cut costs
Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with ...Business - MarketWatch - October 31 -
Microsoft CFO says OpenAI investment will cut into profit this quarter
Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.Business - CNBC - October 31 -
Estée Lauder shares plunge as China sales slump prompts dividend cut
Beauty group’s stock drops 25% after guidance withdrawn for rest of yearBusiness - Financial Times - October 31 -
Tumblers sold at Wawa stores recalled after reports of cuts
The manufacturer of tumblers sold at Wawa stores says it has received four reports of cuts from the product's metal drinking straws.Top stories - CBS News - October 31 -
Huntington Ingalls' Shares Tumble on Outlook Cut, Navy Contract Delay
The biggest U.S. military shipbuilder pulled its five-year free cash-flow forecast amid uncertainty about a submarine contract, supply-chain disruption and the loss of experienced workers.Business - The Wall Street Journal - October 31