Latest in Cuts Fullyear Outlook
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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 - 9h -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - 12h -
What Did Trump’s Tax Cuts Do?
Economic upheaval caused by the pandemic has clouded analysts’ ability to understand the effects of the 2017 tax law. Republicans call it a huge success and want to extend it anyway.The New York Times - 17h -
Rahm misses cut, McIlroy struggles in Dubai
Jon Rahm and Viktor Hovland missed the cut and Rory McIlroy was forced to battle to make the weekend as the headline acts struggled at the Dubai Desert Classic.ESPN - 12h -
IMF warns on Trump's plans but upgrades UK outlook
Trump's policies could benefit the US, but not the rest of the world, the IMF saysBBC News - 15h -
Texas football offseason news: Transfer portal, roster updates, recruiting outlook by Longhorns insiders
The Horns247 team has its finger on the pulse of Texas transfer portal news, recruiting, coaching staff moves and more as Arch Manning is expected to take over at quarterback in 2025CBS Sports - 1d -
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 - 1d -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - 1d -
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 - 1d -
BP gave a bleak outlook. Now it’s reportedly slashing jobs.
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.MarketWatch - 1d -
Inflation Rose in December, Putting Rate Cuts Into Question
The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.Inc. - 2d -
Missile Attack Prompts Emergency Power Cuts in Ukraine
President Volodymyr Zelensky of Ukraine said air defenses had shot down at least 30 missiles from a “massive” barrage that had targeted gas and energy facilities.The New York Times - 2d -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - 2d -
Moderna’s stock tumbles to post-COVID lows after revenue outlook disappoints
Moderna’s stock tumbles after a disappointing outlook for revenue and the need to accelerate its cost-cutting plan.MarketWatch - 4d -
Cutting aeroplane contrails is an easy climate win
Tackling these emissions should be simple, fast and cost-effectiveFinancial Times - 4d -
Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - Jan. 11 -
U.S. Companies Cut Diversity Efforts as Challenges Mount
At least six major U.S. companies modified their DEI policies last year.Inc. - Jan. 10 -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
Delta outlook tops estimates as CEO expects 2025 to be airline's 'best financial year in our history'
Delta's CEO said strong travel demand is driving revenue higher.CNBC - Jan. 10 -
Meta cutting DEI team, programs in broad shift
Meta told employees Friday it will cut its diversity, equity and inclusion (DEI) team and roll back several related programs, marking another major shift in policy for the leading social media ...The Hill - Jan. 10 -
Healthy Deal Pipeline Fuels Revived IPO Outlook for 2025
Wall Street banks eye private-equity owned companies looking for exits as the lineup of projected public offerings grows.Inc. - Jan. 10 -
Jeremiah Smith NFL Draft outlook: Ranking Ohio State freshman superstar among recent Buckeyes WR prospects
Although he's not eligible until the 2027 NFL Draft, Smith is already one of the top pro prospectsCBS Sports - 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 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
M&S Christmas cheer hit by uncertain outlook for UK
Festive food sales jumped but the retailer is concerned about the British economy.BBC News - Jan. 9 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Apple’s ‘decidedly unattractive’ outlook sparks rare bearish call on the stock
An analyst says Apple’s stock price bakes in only good news, but he sees more than 20% downside as negative developments pile up.MarketWatch - Jan. 8 -
Washington Post cutting 4 percent of workforce
The Washington Post plans to cut nearly 4 percent of its total workforce in the coming days, the company said Tuesday. A Post spokesperson said the cuts are part of plans to make larger changes ...The Hill - Jan. 7 -
Ulta Beauty names new CEO, raises outlook for holiday quarter
The beauty retailer Ulta said the leadership changes take effect immediately.CNBC - Jan. 7 -
Ulta Beauty gains on new CEO pick and sales outlook. But analysts debate the threat from rivals.
Ulta said Kecia Steelman, who became its chief operating officer in 2023, would be its new chief executive.MarketWatch - Jan. 7 -
Kings Pacific Showdown: Coaches and Outlook
The Los Angeles Kings found balance with Todd McLellan, who was hired before the 2019-20 season and coached for five seasons. Under his leadership, the team made its first playoff appearance since ...Yahoo Sports - Jan. 5 -
Trump response to recent attacks offers ominous outlook for terror in next term
President-elect says ‘USA is breaking down’ in bleak post seeming to wrongly pin two violent attacks on immigration. Even by Donald Trump ’s standards, the message was darkly apocalyptic – evoking ...The Guardian - Jan. 3 -
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Slovakia threatens to cut benefit for Ukrainians
A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.BBC News - Jan. 2 -
What economists say about the UK’s outlook for 2025
Below are full responses to the FT’s annual survey about the British economyFinancial Times - Jan. 2 -
Oil prices end higher to kick off 2025, boosted by a stronger demand outlook
Oil futures began 2025 on a positive note, boosted by expectations for stronger demand.MarketWatch - Jan. 2 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - Jan. 2 -
Lions cut Jamal Adams from practice squad
The Lions are in desperate need of warm bodies on defense right now, but veteran safety Jamal Adams couldn't stick in Detroit.Yahoo Sports - Jan. 1 -
Dillon Gabriel NFL Draft 2025: Scouting report, prospect outlook, NFL team fits and more for Oregon QB
How does the two-time national champion stack up as an NFL Draft prospect?CBS Sports - Jan. 1 -
With all the movement on the first-base market, what's the outlook for Pete Alonso?
The former Met offers a nearly unrivaled combination of durability and power production, yet as the calendar flips to 2025, he remains unsigned.Yahoo Sports - Dec. 31