Latest in General Motors Cuts
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Michigan attorney general offers tips to fight porch pirates
Michigan Attorney General Dana Nessel (D) is offering tips to the state’s residents to fight off “porch pirates,” with an increase in online shopping and package deliveries around the winter ...The Hill - 5d -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - 6d -
Dollar General tests same-day delivery as discounter chases Walmart
Dollar General is testing same-day delivery to customers’ homes as the deep discounter tries to fend off fiercer competition with Walmart.NBC News - 6d -
Dollar General tests same-day delivery as discounter chases Walmart
Dollar General has felt pressure as Walmart, Amazon and others offer more digital ways to shop along with low prices.CNBC - 6d -
Dollar General posts sales beat despite protracted consumer restraint
Dollar General Corp.’s stock was unable to hold its early gains Thursday after the discount retailer’s fiscal third-quarter earnings showed a sales beat but a profit miss, as hurricanes disrupted ...MarketWatch - 6d -
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Frasers Group Tumbles After Guidance Cut
The U.K. sports-fashion retailer lost $540.4 million off its market value after it lowered expectations for its fiscal year, citing recent tough business conditions and weak consumer confidence.The Wall Street Journal - 6d -
South Korean general ‘found out’ about martial law from television
Defence officials questioned by lawmakers as they begin impeachment proceedings against Yoon Suk YeolFinancial Times - Dec. 5 -
General Motors Takes $5 Billion Hit From Ailing China Business
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.The Wall Street Journal - Dec. 4 -
Russian general warned US about hypersonic missile test in Mediterranean: Exclusive
Russia's top general warned America's top general that U.S. Navy ships should not be close to an upcoming Russian hypersonic missile test in the eastern Mediterranean.ABC News - Dec. 4 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
Russian General Calls U.S. Chairman of Joint Chiefs
In a highly unusual call, the two men “discussed a number of global and regional security issues, to include the ongoing conflict in Ukraine,” a spokesman said.The New York Times - Dec. 4 -
The Switch Up — Activists say AIDS-free generation on the horizon
The World Health Organization established World AIDS Day on Dec. 1, 1988. Thousands were contracting HIV, the virus that causes AIDS. Since the first AIDS case was reported in 1981, some 25 million ...The Hill - Dec. 4 -
With Assad Challenged, a Push to Cut Syria’s Ties to Iran Grows More Unlikely
Even as Israel bombarded Syria, officials say the U.S. and Gulf countries were working to weaken its president’s alliance with Tehran. Rebels’ shock advance has dampened those hopes.The New York Times - Dec. 4 -
Amazon HyperPod Task Governance keeps GPUs running, cutting costs 40%
HyperPod Task Governance can increase GPU utilization, helping enterprises to optimize AI costs and producing potentially significant savings.VentureBeat - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
9 states poised to end coverage for millions if Trump cuts Medicaid funding
About 3.7 million people are at immediate risk of losing health coverage should the federal government cut funding for Medicaid expansions, as some allies of President-elect Donald Trump have ...CBS News - Dec. 4 -
Amazon Never Suggested Cutting Secret Level's Concord Episode
Sony's ill-fated multiplayer shooter Concord is the focus of an episode of Prime Video's video game anthology series Secret Level, and, because the game itself has been shuttered, it could be one ...GameSpot - Dec. 4 -
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Victim-support cut to be devastating, charity says
The cut follows government promises of stronger protections for victims of crimes such as stalking.BBC News - Dec. 4 -
Lloyds boss warns of UK ‘investability problem’ after motor finance ruling
Sector left reeling after court backs consumer complaints about ‘secret commissions’ on car loansFinancial Times - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
Google Cloud launches Veo AI video generator model on Vertex
Unveiled at Google’s I/O developer conference, Veo is Google DeepMind’s response to competitors like Runway’s Gen-3 and OpenAI's Sora.VentureBeat - Dec. 3 -
Scotland's golden generation miss their golden hour
This Scotland squad often talk about what they deserve. But yet again they have not earned what they think they are due.BBC News - Dec. 3 -
California cuts back on water deliveries, anticipating dry year ahead
California's cities may only receive about 5 percent of the water deliveries they have requested this year, with dry and warm conditions expected to persist through the winter, state officials ...The Hill - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Amazon launches Nova AI model family for generating text, images and videos
Nova Reel outperformed Runway's Gen-3 Alpha in A/B testing, achieving winning rates of 61.4% for video quality.VentureBeat - Dec. 3 -
Restoring Nomura’s credibility will take more than pay cuts
Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequencesFinancial Times - Dec. 3 -
Forget Boomers and Millennials. We Actually Belong to 8 ‘Micro Generations’
A philosopher argues that the usual generational labels are useless and proposes a new system of eight ‘micro generations.’Inc. - Dec. 3 -
Josh O'Connor honors pal Zendaya with Gotham tribute award: 'A generational talent'
"Sing Sing" and "A Different Man" were the big winners at Monday's Gotham Awards, where Oscar hopefuls Zendaya and Angelina Jolie were also feted.Yahoo Sports - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
EU births drop to new low as strains on younger generations mount
Dearth of children expected to heap pressure on state financesFinancial Times - Dec. 3 -
Senate approves promotion for general involved in Afghanistan exit after a Republican blocked it
The Senate voted to approve the promotion of a general who oversaw troops in the U.S. withdrawal from Kabul, Afghanistan, that had been held by Republican Sen. Markwayne Mullin.NBC News - Dec. 3 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2 -
Maternal Mortality Is a Crisis. This Founder Is Training a New Generation of Doulas to End It
Latham Thomas’s Mama Glow is fighting for birth equity and, in the process, supporting thousands of new entrepreneurs.Inc. - Dec. 2