Latest in Cuts Corporate
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The folly of America’s R&D cuts
Gutting of federal agencies risks derailing the Trump administration’s growth objectivesFinancial Times - Mar. 10 -
Does cutting benefits actually work?
The government has set out plans to save billions of pounds from the welfare bill - how have previous attempts to do this fared?BBC News - Mar. 18 -
Hegseth touts $580M in Pentagon cuts
Defense Secretary Pete Hegseth on Thursday announced the Pentagon is canceling more than $580 million in grants and contracts deemed “wasteful spending.” In a new memo, Hegseth asserts the programs ...The Hill - 5d -
Former Obama-era Education secretary says Trump cuts are "morally and educationally bankrupt"
The Trump administration is cutting the Education Department's workforce in half. Arne Duncan, who served as secretary of education under former President Barack Obama, joins "The Daily Report" to ...CBS News - Mar. 12 -
US aid cuts are hurting Africa's ability to respond to disease outbreaks, health chief says
Aid cuts by the United States are hurting Africa’s capacity to respond to disease outbreaks, the head of the continent's public health agency said ahead of a meeting with regional health ministers ...ABC News - Mar. 13 -
UN World Food Program to cut food aid for over 1 million people in Myanmar
The United Nations food agency says that more than 1 million people in the war-torn nation of Myanmar will be cut off from food assistance due to critical funding shortfallsABC News - Mar. 14 -
The 49ers bring back Kyle Juszczyk days after cutting him, AP source says
Fullback Kyle Juszczyk is returning to the San Francisco 49ers on a two-year, $8 million contract just days after being cut, a person familiar with the deal told The Associated Press on Saturday. ...Yahoo Sports - Mar. 15 -
7-foot-9 Florida center Olivier Rioux goes viral after unique approach cutting down net
Olivier Rioux, who hit the 7-foot mark in the summer before seventh grade, didn't need a ladder to cut the net after Florida won the SEC Championship.Yahoo Sports - Mar. 16 -
Starmer to drive through welfare cuts that could affect UK’s most severely disabled
PM faces backlash over plans to tighten eligibility, potentially leaving more than 600,000 claimants £675 a month worse off. Keir Starmer is to defy growing anger by driving through welfare cuts ...The Guardian - Mar. 16 -
Saints would have set an NFL dead money record by cutting Derek Carr
Derek Carr was reportedly open to testing the market, so why didn't the Saints cut him? Doing so would have set an NFL dead money record.Yahoo Sports - Mar. 17 -
Johns Hopkins University says it's laying off 2,200 due to USAID funding cuts
Trump administration funding cuts have come to Johns Hopkins University, a major research institution headquartered in Maryland. The university says 2,200 workers are being laid off. CBS News ...CBS News - Mar. 17 -
EU’s foreign policy chief laments US funding cuts to Radio Free Europe
Kaja Kallas says the bloc cannot automatically fill the gap left by the US. The EU’s foreign policy chief, Kaja Kallas, expressed disappointment over US funding cuts to Radio Free Europe and said ...The Guardian - Mar. 17 -
Liz Kendall unveils UK benefits cuts set to leave many sick and disabled worse off
Welfare secretary announces changes aimed at cutting bill by up to £5bn in face of opposition from Labour MPs. UK politics live – latest updates Liz Kendall, the welfare secretary, has faced ...The Guardian - Mar. 18 -
U.S. Foreign Aid Cuts Hit Sudanese Refugees Fleeing Violence and Famine in Darfur
Just weeks after the U.S. government suspended its work in massive foreign aid cuts announced in January, humanitarians say much of the damage to critical programs has already been done.The New York Times - Mar. 18 -
How DOGE Cuts Aim to Push the Social Security Administration Beyond Breaking Point
Elon Musk’s federal spending and headcount slashing is supporting a longtime Republican goal: disabling the Social Security Administration while legislators can still deny they voted for cuts.Inc. - Mar. 18 -
Federal cuts impact plans to grow Texas grid; advanced energy options face delays
A push toward a "Golden Era of American Energy Dominance" could be delayed due to budget cuts and defunding efforts in the federal government, potentially causing delays in the development of new ...The Hill - 5d -
UNAIDS chief: US funding cut could mean '10-fold increase' in deaths
The head of the United Nations program on HIV/AIDS (UNAIDS) warned Monday there will be a "10-fold increase" in AIDS-related deaths due to the recent cuts in U.S. foreign funding. USAIDS Executive ...The Hill - 1d -
Meeting with House panel, OPM officials cut short after clash between top lawmakers
A closed-door meeting between members of a House subcommittee and officials from the Office of Personnel Management (OPM) was cut short on Tuesday after the top two lawmakers on the panel clashed ...The Hill - 16h -
Odds of May interest rate cut rise after UK inflation falls to 2.8% – business live
Rolling coverage of the latest economic and financial news.. Further benefits cuts planned as Rachel Reeves forced to find extra £1.6bn Five economic factors that will govern Rachel Reeves’s ...The Guardian - 5h -
Odds of Bank of England interest rate cut strengthen after inflation falls to 2.8%
Bigger-than-forecast decline in annual rate in February is positive news for Rachel Reeves. Business live – latest updates The odds of the Bank of England cutting interest rates in May have ...The Guardian - 1h -
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Rohingya refugees in Bangladesh brace for upcoming food reductions as aid agencies cut funding
Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month, while a refugee official says the reduction will impact ...ABC News - Mar. 8 -
USAid cuts could create untreatable TB bug ‘resistant to everything we have’
Projects to detect, treat and research new ways to fight TB among those disrupted by sudden funding freeze . Dangerous new forms of tuberculosis (TB) for which there is no treatment could emerge as ...The Guardian - Mar. 10 -
White House says Trump won't cut Social Security, Medicare after Musk remarks
The White House on Tuesday asserted President Trump would not cut Social Security or Medicare after tech billionaire Elon Musk's comments about the need to examine entitlement spending gained ...The Hill - Mar. 11 -
'A lot of fear': Speaker Johnson's constituents react to potential cuts to Medicaid, food stamps
NBC News Capitol Hill Correspondent Melanie Zanona reports from Vinton, Louisiana, on how Speaker Mike Johnson’s constituents are reacting to potential cuts to Medicaid and food stamps. NBC News ...NBC News - Mar. 12 -
Trump says Democrats would be to blame for shutdown, suggests it could delay tax cuts
President Trump said Thursday that Democrats would be to blame if government funding runs out this week and suggested a shutdown could delay GOP efforts to extend expiring tax cuts. "They do a ...The Hill - Mar. 13 -
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 - Mar. 13 -
Americans confront GOP lawmakers over federal job cuts and economy at town halls
Republicans in Congress are facing backlash at town hall events as voters voice concerns over deep federal job cuts and the state of the economy under President Trump and Elon Musk's policies. Some ...CBS News - Mar. 14 -
Thirteen years ago, Emma told me disability cuts nearly broke her family. Now, under Labour, it’s worse | Polly Toynbee
In families like hers, the devastating impact of the £5bn cuts will be felt most keenly. It is a stain Labour may never be rid of. Wrong, badly wrong, and it won’t easily, if ever, be forgotten or ...The Guardian - 5d -
Whistleblower’s exposé of the cult of Mark Zuckerberg reveals peril of power-crazy tech bros | John Naughton
Meta’s attempt to silence ex-employee Sarah Wynn-Williams has drawn attention to its work on stifling freedom of expression in China. There’s nothing more satisfying than watching a corporate giant ...The Guardian - Mar. 15 -
Trump’s Tariff Policies Jolt Auto Industry Executives
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.The New York Times - Mar. 19 -
How the BBC gave up on showing England
It was the moment the BBC disowned England. On the eve of “Super Saturday” in this year’s Six Nations, news broke confirming that the corporation had surrendered the last of its live television ...Yahoo Sports - 6d -
How to cut Britain’s rising welfare bill
Reforms rather than quick fixes will save more money in the long termFinancial Times - Mar. 9 -
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 -
Trump’s cuts to higher education are sacrificing America’s future
American colleges and universities will lose their global preeminence, innovation will suffer, future scientists, doctors, artists and philosophers will not get trained and potentially ...The Hill - Mar. 9 -
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 -
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 -
NHS England to cut workforce by half as Streeting restructures
The health secretary will shrink NHS England’s workforce to save money and avoid ‘duplication’. NHS England will lose half its staff and a huge swathe of its senior management team as part of a ...The Guardian - Mar. 10 -
NOAA cuts raising concerns over public safety
Another wave of mass firings could be hitting the National Oceanic and Atmospheric Administration. The agency, which includes the National Weather Service, could ultimately lose about 20% of its ...CBS News - Mar. 10 -
Trump defends cuts to federal workforce and Department of Education
President Trump said he felt "very badly" for the federal workers who have lost their jobs under his administration but defended the decision by claiming "many of them don't work at all." Trump ...NBC News - Mar. 12