Latest in Face Cuts Closures
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Trump Plan to Swap Tariffs for Tax Cuts Faces Opposition in Congress
Tariffs only made up about 2 percent of annual revenue before.Inc. - Jan. 22 -
Record-breaking snow triggers flight cancellations, school and business closures in U.S. South
A polar vortex has led to freezing temperatures throughout the U.S., even reaching parts of the Gulf Coast. The snowy weather has triggered flight cancellations and closed schools and businesses ...CBS News - Jan. 22 -
Sunfish that was unwell after aquarium's closure recovers after human cutouts set up
A solitary sunfish at an aquarium in Japan lost its appetite, began banging into the side of the fishtank and appeared unwell days after the facility closed last month for renovationsABC News - Jan. 22 -
Snow and winter conditions force school and airport closures in the South
A winter storm brought snow and frigid temperatures to parts of the South that rarely see this type of weather. CBS News correspondent Janet Shamlian reports from Houston and CBS News Texas ...CBS News - Jan. 21 -
Trump faces TikTok backlash
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Trump, China hawks at odds over TikTok ban President Trump’s plan to save TikTok is putting him at a ...The Hill - Jan. 21 -
Stripe cuts 300 jobs in product, engineering and operations
Stripe has cut 300 jobs, or about 3.5% of its workforce, CNBC confirmed.CNBC - Jan. 21 -
Axel Rudakubana and the changing face of terrorism
Unclear and hard-to-categorise motives of suspects pose rising challenge for security servicesFinancial Times - Jan. 21 -
Taliban official calls for girls' high schools to open, calling closure an 'injustice'
The Taliban’s acting deputy foreign minister called on his senior leadership to open schools for Afghan girls, among the strongest public rebukes of a policy that has contributed to the ...NBC News - Jan. 21 -
DOGE faces immediate lawsuits
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's DOGE slapped with lawsuits on first day in office Within moments of ...The Hill - Jan. 20 -
Face the Nation: Graham, Kaine, Soeripto
Missed the second half of the show? The latest on...No date has been set for Kash Patel, President-elect Donald Trump's controversial choice to lead the FBI. Despite comments by former Trump ...CBS News - Jan. 19 -
Cancer’s New Face: Younger and Female
Although long considered a disease of aging, certain cancers are turning up more often in younger women, according to a new report.The New York Times - Jan. 18 -
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 - Jan. 17 -
US Debt Faces Record as Trump and GOP Plan Tax Cuts
The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.The New York Times - Jan. 17 -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - Jan. 17 -
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 - Jan. 17 -
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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 - Jan. 17 -
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 - Jan. 16 -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - Jan. 16 -
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 - Jan. 16 -
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. - Jan. 15 -
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 - Jan. 15 -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - Jan. 15 -
Small-cap stocks face heightened risk with rate cuts in question, warns BofA
The recent selloff in small-cap stocks left the Russell 2000 index in correction territory.MarketWatch - Jan. 13 -
Cutting aeroplane contrails is an easy climate win
Tackling these emissions should be simple, fast and cost-effectiveFinancial Times - Jan. 13 -
Face the Nation: Barrasso, Kelly, Gingrich
Missed the second half of the show? The latest on...Senate Majority Whip John Barrasso told "Face the Nation with Margaret Brennan" that Republicans are "going to work around the clock, through the ...CBS News - Jan. 12 -
British Steel blunder forced Scunthorpe blast furnace closure
Shutdown last year blamed on wrong coal and is latest sign of difficulties at Chinese-owned operationsFinancial Times - Jan. 12 -
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 -
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 -
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 -
Macy's, Kohl's announce nationwide store closures: Here's where
Combined, the companies are closing roughly 90 stores nationwide.The Hill - Jan. 10 -
California authorities give update on L.A. fires and announce school closures
California officials held a news conference on Thursday evening about the wildfires in the Los Angeles area. They announced that all Los Angeles Unified School District schools will be closed on ...CBS News - Jan. 9 -
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 -
Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.MarketWatch - Jan. 8 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premisesFinancial Times - Jan. 8 -
Fed Minutes May Show Why More Rate Cuts Will Face Hurdles
After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.Inc. - Jan. 8
