Latest in Cuts Loom Heres
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With Trump presidency looming, Biden plans to publish draft gas export study this year
The Biden administration plans to publish a draft study by the end of this year that could have implications for the future of new gas exports. The administration said earlier this year that it ...Politics - The Hill - Yesterday -
Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35%
Netflix's ad-tier memberships jumped 35%. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025.Business - CNBC - October 17 -
Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year
Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.Business - CNBC - October 24 -
Alphabet shares rise on earnings beats boosted by cloud revenue
Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.Business - CNBC - October 30 -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - October 30 -
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - October 31 -
Here's the weather expected for Halloween night
Weather in the Northeast will be warmer than usual during Halloween, a change from what's usually a cold night for families who will be out trick-or-treating. CBS News' Lana Zak breaks down what's ...Top stories - CBS News - October 31 -
Valencia floods: 'There is mud everywhere here'
The BBC's Nicky Schiller says the La Torre area of the city has been completely devastated.Top stories - BBC News - November 1 -
Interest rate cut hopes raised as wage growth slows
Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.Top stories - BBC News - October 15 -
BBC to cut 155 roles from news operation
Broadcaster hopes move will save £24mn from budget, according to internal memo sent to staffBusiness - Financial Times - October 15 -
Reeves eyeing £40bn in tax rises and spending cuts
Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.Top stories - BBC News - October 16 -
McKinsey Cuts Hundreds From China Workforce
The consulting firm is cutting back on state-linked clients and is working to separate its China operationsBusiness - The Wall Street Journal - October 17 -
Ministers complain to Starmer over spending cuts
Some Cabinet members are alarmed at the scale of cuts being sought to plug a rumoured £40bn gap.Top stories - BBC News - October 17 -
Titans cut safety Adams, honoring his request
The Titans released Jamal Adams, honoring the three-time Pro Bowl safety's request.Sports - ESPN - October 17 -
Trump Keeps Promising New Tax Cuts. Other Republicans Are Wary.
Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.Business - The New York Times - October 17 -
Tourism hotspot cuts council tax on second homes
Councillors vote to cut council tax premium, six months after a higher rate of 200% was brought in.Top stories - BBC News - October 17 -
Parents fight to stop cuts to school transport
North Yorkshire Council will only fund bus travel to a child's nearest school from 2025.Sports - Yahoo Sports - October 18 -
Fear that winter fuel payment cut will cost lives
Wales' older people's commissioner says people will die because of the decision.Top stories - BBC News - October 20 -
Passengers stuck on planes and homes without power
Northern Ireland Electricity restored power to more than 10,000 customers over the course of Sunday.Top stories - BBC News - October 20 -
Fed Leaders Favor Rate Cuts, But Differ on Pace
Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.Business - Inc. - October 22 -
Volvo Car Cuts Guidance on Worsening Auto Market
The Swedish car maker cut its full-year guidance and said it now anticipates negative cash flow due to lower sales expectations and a weak market.Business - The Wall Street Journal - October 23 -
Beyond Inc. to Cut Workforce by About 20%
Beyond Inc. is cutting about 20% of its workforce as part of broader review of its cost structure, which comes after the company invested about $65 million in two retailers to help restore Bed Bath ...Business - The Wall Street Journal - October 22 -
Intesa Sanpaolo unveils plans to cut 9,000 jobs
Italy’s largest bank wants to reduce costs by accelerating its digital transformationBusiness - Financial Times - October 23 -
Dassault Systemes Cuts Guidance After Earnings Disappoint
The French software maker lowered its guidance for the year after revenue and operating profit came in shy of analyst expectations in the third quarter.Business - The Wall Street Journal - October 24 -
Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All
The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.Business - The New York Times - October 24 -
Trudeau announces sharp cuts to Canada's immigration targets
The government says it "didn't get the balance quite right" when it bolstered immigration to address labour shortages.Top stories - BBC News - October 24 -
Queen's University to cut jobs as it faces £11m deficit
The university told BBC News NI it is planning to cut the jobs through a voluntary redundancy scheme.Top stories - BBC News - October 25 -
How Trump, Harris propose cutting healthcare costs
The economy and healthcare are two of the top concerns for voters in this election cycle, and both tickets have promised to lower healthcare costs. When she introduced her economic agenda earlier ...Politics - The Hill - October 25