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Guggenheim Lays Off 20 Employees as Financial Challenges Persist
The museum has suffered from rising costs and lower attendance. The cuts followed those at the Brooklyn Museum, which trimmed 10 percent of its staff this month.The New York Times - 13h -
Chinese Hospital Bankruptcies Soar Amid Financial Strains
Still recovering from heavy spending during the pandemic, hospitals are squeezed by a slumping economy and government efforts to curb health care spending.The New York Times - Feb. 20 -
Liverpool financial loss rose to £57m for 2023-24
Liverpool report an annual pre-tax loss of £57m up to 31 May 2024 - £48m more than they lost in the previous 12 months.BBC News - 1d -
Financially Frayed Joann Unravels and Will Close its Stores and Go Out of Business
The fabric and crafts retailer filed for Chapter 11 bankruptcy last month, and will now fold up its operations.Inc. - 3d -
‘It’s similar to Enron’: La Liga president accuses Manchester City of financial deception
Enron one of the largest bankruptcy cases in US history La Liga alleges City distort EU’s internal market Manchester City have been accused of an Enron-style financial deception by La Liga’s ...The Guardian - 1d -
Jeffrey Epstein: more files released related to late sex offender and financier
Attorney general had indicated justice department would release files related to Epstein, who died by suicide in 2019. The US justice department has released additional files related to the late ...The Guardian - 1d -
How U.S. ‘mini-stagflation’ and the yen could shock financial markets
A financial shock is on the cards if the carry trade crumbles, says strategist.MarketWatch - 19h -
RFL warns clubs that planned coup will financially cripple the sport
Professional clubs want to oust RFL chair Simon Johnson Governing body says any such move would breach rules The Rugby Football League has warned clubs that an attempt to sideline the sport’s ...The Guardian - 14h -
Black woman who retired at 30: Financial independence is 'not just for white guys'
Persistent wage and wealth gaps make it harder for Black Americans to retire on a similar timeline to their white peers. Blogger hopes to inspire change.CNBC - 12h -
VA axes another 1,400 employees
The Department of Veterans Affairs on Monday fired another 1,400 employees amid outcry over a lack of transparency from the agency after 1,000 workers were axed earlier this month. The VA said the ...The Hill - 4d -
Interior halts employee spending and travel
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Interior halts employee spending and travel The Interior Department has paused spending and travel ...The Hill - 2d -
Hundreds of NOAA employees laid off
Some 880 employees of the National Oceanic and Atmospheric Administration were laid off on Thursday, a congressional source told CBS News.CBS News - 1d -
Jordan slams criticism of federal employee overhaul: 'Ridiculous'
Rep. Jim Jordan (R-Ohio) slammed the criticism of the overhaul of thousands of federal employees, calling some of the critiques “ridiculous.” Jordan joined “Fox News Sunday” to discuss the ...The Hill - 5d -
Alarm over Musk's latest demands for federal employees
Elon Musk posted on social media about federal workers having to document their work or risk losing their jobs. This comes as more details emerge about USAID worker firings and as Musk persists on ...CBS News - 4d -
Forest Service employees react to widespread layoffs
Forest Service employees are reacting to the Trump administration cuts that are leading to widespread layoffs of many working around America's national parks. CBS News' Ian Lee reports.CBS News - 3d -
21 employees of department renamed DOGE resign in protest
Twenty-one federal employees who previously worked for the U.S. Digital Service before it was renamed the U.S. DOGE Service have resigned in protest over DOGE's actions.ABC News - 3d -
21 federal employees resign in protest over DOGE
Twenty-one employees at Elon Musk's Department of Government Efficiency resigned Tuesday, saying in a letter sent to White House chief of staff Susie Wiles that they "will not lend our expertise to ...CBS News - 3d -
How return-to-office requirements impact employees
Employees being asked to return to the office after years of remote work may be experiencing anxiety over the changes. Author Daniel Pink joins CBS News with more on the effects.CBS News - 2d -
University of California employees walk off jobs
Thousands of employees with the University of California (UC) are walking off the jobs as two unions and the university have been unable to reach a deal, potentially affecting research and hospital ...The Hill - 1d -
USAID employees given 15 minutes to clear desks
Foreign aid workers at USAID were given just 15 minutes to clear out their desks today. The layoffs were part of President Trump’s efforts to cut spending by downsizing the federal bureaucracy. NBC ...NBC News - 1d -
Social Security notifies employees of 'significant workforce reductions'
The Social Security Administration (SSA) is notifying employees of “significant workforce reductions” on the way as it prepares for what it describes as an “agency-wide organizational ...The Hill - 16h -
Employee Fears of an Economic Downturn Rise on Latest Data
Though recent bumps in joblessness, growth, and inflation data remain minor, workers still worry that Trump’s tariffs, mass federal employee layoffs, and spending cuts could tank the economy.Inc. - 15h -
Tony Hawk on turning down $500,000 for Pro Skater: 'The best financial decision of my life'
Skateboarding legend Tony Hawk once turned down half a million dollars for Pro Skater. He says it was the "best financial decision" of his life.CNBC - Feb. 21 -
UK court refuses to say financier acted in 'good faith' in Vatican deal but says he wasn't dishonest
A British court has largely backed the Vatican and refused to declare that a London-based financier acted in “good faith” in his dealings involving the Holy See’s investment in a London propertyABC News - Feb. 21 -
Can the Kansas City Chiefs solve free agency's financial trap? | Inside Coverage
The Chiefs just got a rude awakening at the Super Bowl, but are reports of their demise greatly exaggerated?Yahoo Sports - Feb. 21 -
EU spends more on Russian oil and gas than financial aid to Ukraine – report
Europe estimated to have bought €22bn of fossil fuels from Russia in 2024 but gave €19bn to support Kyiv. The EU is spending more money on Russian fossil fuels than on financial aid to Ukraine, a ...The Guardian - 5d -
‘I have fear of financial insecurity’: I’m 58, recently widowed with $1 million saved for retirement. What if the economy tanks?
“My pension after taxes is estimated at $6,500 per month. I’m eligible at age 60 to access $2,400 per month of my husband’s Social Security.”MarketWatch - 3d -
Super Micro files financials just ahead of Nasdaq deadline and says it's 'regained compliance,' stock pops 22%
Super Micro Computer filed its annual report for the year that ended June 30, meeting a deadline to stay listed on Nasdaq.CNBC - 3d -
Super Micro Computer shares surge 12% after company files delayed financials by deadline
Super Micro also filed results for the first two quarters of the fiscal 2025 year and said it has "regained compliance" with Nasdaq requirements.CNBC - 2d -
Trump cuts financial lifeline for Venezuela's government by ending permit to export oil to US
A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this weekABC News - 2d -
La Liga president Javier Tebas compares Manchester City to Enron, alleges participation in financial scandal
Tebas alleges that City have hidden financial losses in different companies to improve their financesCBS Sports - 1d -
European Commission confirms Spanish league complaint against Man City over financial dealings
The European Commission has confirmed that it received a complaint from the Spanish soccer league accusing defending Premier League champion Manchester City of breaching financial rulesABC News - 21h -
Consumer Financial Protection Bureau drops lawsuits against Capital One and Berkshire, Rocket Cos. units
The moves are the latest sign of the abrupt shift at the agency since acting CFPB director Russell Vought took over this monthCNBC - 15h -
This money pro’s wealth-building secrets can help you gain financial independence
Tori Dunlap, founder of Her First $100K, wants you to be smart about spending and saving.MarketWatch - 11h -
Not Even DOGE Employees Know Who's Legally Running DOGE
Despite all appearances, the White House insists that Elon Musk is not in charge of DOGE. US DOGE Service employees can’t get a straight answer about who is.Wired - Feb. 18 -
DOGE Puts $1 Spending Limit on Government Employee Credit Cards
The restrictions are already in place at the General Services Administration along with several other agencies. Soon they’ll roll out to most of the federal government, sources say.Wired - Feb. 20 -
Thousands of IRS employees expected to be fired by Trump administration this week
One month into Trump's new administration, the president is continuing with his efforts to reshape the federal government. More than 6,000 IRS employees are expected to be fired by the end of the ...CBS News - Feb. 20 -
6,000 IRS Employees Fired in Latest Round of Trump Cuts
Labor unions have sued to try to stop the mass firings, but this ruling has allowed them.Inc. - Feb. 20 -
Request to block mass firing of probationary employees denied by judge
A judge has denied labor unions' request to temporarily block the administration from carrying out mass firing of probationary employees and deferred resignation offers.ABC News - Feb. 21