Latest in Hamill Wedge Cut
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SNP plans to cut staff at party headquarters
The SNP's ruling body has proposed cutting staff the number of staff at its headquarters from 26 to 16.Top stories - BBC News - November 16 -
Associated Press cutting staff through buyouts
The Associated Press is slashing a number of jobs as a cost cutting measure, the company confirmed this week. In a note to staff on Monday, CEO Daisy Veerasingham wrote the AP is will offer "a ...Politics - The Hill - 5 days ago -
UK’s largest retailers warn Reeves her Budget makes job cuts ‘inevitable’
Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills.Top stories - BBC News - 4 days ago -
£100 payment to help pensioners with winter fuel cuts
Pensioners affected by cuts to winter fuel support are to get a one-off £100 payment from Stormont.Top stories - BBC News - 4 days ago -
Medicaid May Face Big Cuts and Work Requirements
Republicans in Congress are eyeing cuts to Medicaid, which could threaten health coverage for tens of millions of poor Americans.Health - The New York Times - 3 days ago -
Northern Rail to cut Christmas timetable to improve reliability
UK’s largest train operator outside London has breached its contract three times this year due to cancellationsWorld - Financial Times - 3 days ago -
Ford’s troubles continue. Its stock price slumps as automaker plans job cuts
Ford outlined plans to lay off 4,000 employees in the U.K. and Germany in response to a series of losses it blamed on unprecedented competitive, regulatory and economic headwinds in Europe’s car ...Business - MarketWatch - 3 days ago -
£500m defence cuts as ships, drones and helicopters scrapped
Critics said the move would leave UK defence weaker, at a time of growing international tensions and after over a decade of funding pressures on the armed forces.Top stories - BBC News - 3 days ago -
Medicaid cuts in crosshairs as Trump, GOP take control
Significant cuts to Medicaid could be on the table next Congress as President-elect Trump and Republicans look for ways to offset tax cuts and streamline government spending. Republicans on Capitol ...Politics - The Hill - 2 days ago -
5 obstacles Republicans will face on the road to tax cuts
Republicans are facing some tough decisions regarding their desired tax cuts as one of their top legislative priorities, some of which have dogged the conference for years. While there is broad GOP ...Politics - The Hill - 2 days ago -
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Giants agree to cut Jones: Best for QB and team
The Giants are granting Daniel Jones' request to be released, saying the sides mutually agreed that it "would be best for him and for the team" to move on.Sports - ESPN - 17 hours ago -
Bosch to Cut Thousands of Jobs as Auto Woes Intensify
Bosch said it expected to cut 3,500 jobs in its cross-domain computing solutions division by 2027. Subdued car sales and intense competition have hit earnings at carmakers.Business - The Wall Street Journal - Yesterday -
Layoffs in 2024: A List of Companies Cutting Jobs This Year
The layoffs are expected to be smaller and more targeted than those in 2023.Business - The Wall Street Journal - Yesterday -
How to Cut AI's Appetite for Electricity and Water
Artificial intelligence doesn’t have to be such a power guzzler. Here’s how to make it less hungry.Business - The Wall Street Journal - 2 days ago -
Norwegian Air Shuttle Cuts Fleet Growth Expectation Due to Boeing Strike
Norwegian Air Shuttle tempered its fleet growth expectations for next year due to a strike at Boeing, in the latest sign of how issues at the U.S. plane maker are disrupting airlines’ expansion plans.Business - The Wall Street Journal - October 25 -
Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks
Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.Business - The Wall Street Journal - October 25 -
Ecuador expands power cuts to 14 hours a day due to drought
Ecuador has announced an increase in daily power cuts as the severe drought impacting the nation keeps lowering the levels of water for the key hydroelectric plants, the source of more than 70% of ...World - ABC News - October 25 -
Trump cuts Harris lead to 3 points in New Hampshire: Poll
Former President Trump has cut Vice President Harris’s lead to just 3 percentage points in New Hampshire, according to a poll released Friday. The Emerson College Polling/WHDH survey found that 50 ...Politics - The Hill - October 25 -
UK needs big emissions cut, climate watchdog says
The government's advisers say faster action is needed but the UK has the tools to achieve this.Top stories - BBC News - October 26 -
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Volkswagen plans to close at least 3 German plants and cut thousands of jobs
Europe’s largest carmaker tells works council it would slash pay by 10%Business - Financial Times - October 28 -
Developers begin cutting trees in a Tokyo park that environmentalists want to protect
Tree-cutting has begun in the Jingu Gaien park district of central Tokyo, a flashpoint for more than a year between environmentalists and real estate interestsWorld - ABC News - October 28 -
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Volkswagen Could Close 3 Plants in Germany to Cut Costs
The auto maker’s top employee representative told workers that management planned to shutter factories for the first time in the company’s 87-year history.World - The New York Times - October 28 -
For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany
The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.Top stories - The New York Times - October 28 -
Israel Cuts Ties With U.N. Agency, Creating New Hurdles for Palestinian Aid
The new laws effectively ban Unrwa from operating in Israeli territory and will make it harder for the agency to lead the humanitarian response to the Gaza war.World - The Wall Street Journal - October 29 -
Saudi Arabia’s wealth fund pivots from international investments
Public Investment Fund will focus more of its financial firepower on domestic projectsBusiness - Financial Times - October 29 -
Biden Announces $3 Billion to Cut Carbon Emissions at U.S. Ports
On a visit to Baltimore, the president said federal grants would help upgrade port infrastructure at 55 sites nationwide.Business - Inc. - October 29 -
Small Business Owners More Confident About Borrowing After Rate Cut
Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.Business - Inc. - October 29 -
The UK Budget in five charts: Reeves limits BoE space for rate cuts
Central bank is nevertheless still likely to ease policy this year and nextBusiness - Financial Times - October 30 -
Trump Media plummets 22%, cutting into DJT rally days before election
Republican presidential nominee Donald Trump owns nearly 57% of the company, which trades as DJT on the Nasdaq.Business - CNBC - October 30 -
Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates
Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.Business - Inc. - October 30 -
South Africa cuts growth target as economic reality bites
Lower GDP projection comes despite coalition’s charm offensive to win over foreign investorsBusiness - Financial Times - October 30 -
Eli Lilly's quarter was messy. What to do with the stock is more clear-cut
We're upgrading our rating on the drugmaker to a buy-equivalent 1.Business - CNBC - October 30
