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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 - 6 days ago -
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 - 6 days ago -
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 - 6 days ago -
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 - 6 days ago -
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 - 5 days ago -
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 - 5 days ago -
Aces restructuring front office, cut ties with GM
The Aces will not renew the contract of general manager Natalie Williams as part of a restructuring of their front office, the team announced.Sports - ESPN - 3 days ago -
Woolworths Cuts Expectations for Australian Food Earnings
Australian grocer Woolworths expects fiscal first-half earnings in its key Australian food division to be below previous expectations, as customers continue to be price conscious when facing cost ...Business - The Wall Street Journal - 22 hours ago -
Dropbox to cut 20% of workforce as it moves to boost growth
Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...Business - MarketWatch - 7 hours ago -
Welsh councils plan cuts to plug £500m budget gap
Cuts to services loom as Welsh councils face a £500m budget gap.Top stories - BBC News - October 14 -
Boeing to Cut 10% of Workers Amid Strike, Delay New 777X Production
The plane maker plans to book $5 billion in charges on troubled programs and warns of a deeper quarterly loss amid machinists strike.Business - The Wall Street Journal - October 11 -
UK farmers forced to cut food production to stay viable, warns NFU
Terrible harvest and falling subsidies force businesses to embrace greener alternatives, says Tom BradshawWorld - Financial Times - October 14 -
Children must not pay price of council cuts, commissioner says
Local government experts say councils made all the "easy cuts" years ago and still face shortfalls.Top stories - BBC News - October 14 -
BBC boss warns of Russian and Chinese propaganda
The UK is losing out because of cuts to the World Service, the BBC's director general warns.Top stories - BBC News - October 14 -
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyBusiness - Financial Times - October 14 -
Fed’s Waller calls for rate cut caution after ‘disappointing’ data
Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcomeWorld - Financial Times - October 15 -
LCS takeaways: Yankees grab Game 1, Mets pull even
The Mets quieted Dodger Stadium in an NLCS Game 2 blowout, while the ALCS began with a Yankees win.Sports - ESPN - October 15 -
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Euro falls to 2-month low as investors price in interest rate cuts
Single currency has dropped more than 2% against dollar so far this monthWorld - Financial Times - October 15 -
Manchester United cuts continue as Sir Alex Ferguson ambassador role slashed
Ex-manager reported to receive more than £2m a year Sir Jim Ratcliffe’s Ineos has cut 250 staff from payroll The latest victim of the Ineos-led economy drive at Manchester United is none other ...World - The Guardian - October 15 -
Reeves aims to close £40bn funding gap as she plans tax rises in Budget
Figure is significantly more than the £22bn fiscal hole the government previously identifiedBusiness - Financial Times - October 15 -
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”Business - The New York Times - October 15
