Latest in Job Cuts Defense
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U.S. adds 227K jobs in November, beating expectations
Friday morning's jobs report from the Labor Department shows the U.S. beat expectations and added 227,000 jobs in November while unemployment ticked up slightly to 4.2%. CBS News MoneyWatch ...CBS News - 5d -
Job Growth Bounced Back in November
After October’s noisy jobs report, November’s reading got a boost from strike resolutions and hurricane recoveries.Inc. - 5d -
Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened
Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November. The sale of the Observer, the world’s oldest Sunday newspaper, to ...The Guardian - 5d -
Employers added 227,000 in November as job market rebounded
The labor market rebounded last month after taking a hit in October from hurricanes and labor disputes.CBS News - 5d -
U.S. economy added 227,000 jobs in November
The U.S. economy added 227,000 jobs in the month of November and the unemployment rate sat at 4.2%, according to a Bureau of Labor Statistics report.NBC News - 5d -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - 5d -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - 6d -
What would DeSantis stand to gain as defense secretary?
Florida Gov. Ron DeSantis is in the mix to be President-elect Donald Trump's next defense secretary pick should Pete Hegseth withdraw. Political strategists Mariel Sáez and Erin Perrine join ...CBS News - 6d -
Hegseth working to salvage defense secretary nomination
Pete Hegseth sat down with several senators Thursday as he works to save his bid to be President-elect Donald Trump's secretary of defense amid accusations of alcohol abuse, sexual misconduct and ...CBS News - 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 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - 6d -
Effort to cut federal workforce takes aim at key US jobs engine
Government and healthcare have emerged as biggest source of American employment, particularly for knowledge workersFinancial Times - Dec. 5 -
China Slaps Sanctions on 13 U.S. Defense Firms
The largely symbolic move is in response to the Biden administration’s latest arms sales to Taiwan, the island democracy that China considers its own.The New York Times - Dec. 5 -
Airbus to Move Ahead With 2,000 Job Cuts at Defense and Space Business
The cuts amount to around 5% of the division’s workforce, fewer than the up to 2,500 positions Airbus had initially sought to eliminate two months ago.The Wall Street Journal - Dec. 5 -
The Last Time Alcohol Poisoned a Defense Nomination
Pete Hegseth is not the first.The New York Times - Dec. 5 -
Airbus cuts nearly 500 UK jobs to reduce costs
It has made the cuts mostly to its space division and says there are no "compulsory" losses planned.BBC News - Dec. 4 -
Would Ron DeSantis want to be secretary of defense?
Florida Gov. Ron DeSantis' name is being floated to replace Pete Hegseth as President-elect Donald Trump's pick for secretary of defense, but does he want to take the role? CBS News' Olivia Rinaldi ...CBS News - Dec. 4 -
Will Hegseth stay in fight for secretary of defense confirmation?
Pete Hegseth is saying President-elect Donald Trump told him to fight out the swirling backlash he is receiving over allegations of his misconduct. CBS News chief White House correspondent Nancy ...CBS News - Dec. 4 -
OpenAI partners with defense company Anduril
OpenAI and Anduril on Wednesday announced a partnership allowing the defense tech company to deploy advanced AI systems for "national security missions."CNBC - Dec. 4 -
Will Trump replace Hegseth pick with DeSantis for secretary of defense?
President-elect Donald Trump's pick for secretary of defense, news host Pete Hegseth, continues to face mounting backlash over allegations of impropriety in his past. CBS News campaign reporters ...CBS News - Dec. 4 -
Trump mulls replacing Hegseth with DeSantis for defense secretary
President-elect Trump is reportedly considering replacing Pete Hegseth as his nominee for defense secretary with Florida Gov. Ron DeSantis after new allegations surfaced about Hegseth from his own ...NBC News - Dec. 4 -
Trump considering replacing Hegseth with DeSantis for defense secretary
President-elect Donald Trump is considering replacing Fox News host Pete Hegseth, his embattled pick for defense secretary, with Florida Gov. Ron DeSantis.CBS News - Dec. 4 -
Job Openings Rebound, Though Hiring Slows
The number of job openings rose last month from a recent low, but the labor market still presents a mixed picture as vacancies were filled at a slower pace.Inc. - Dec. 4 -
ADP jobs report says 146,000 workers hired in November. U.S. jobs market in stable condition.
U.S. businesses created a solid 146,000 new jobs in November, paycheck company ADP said, in another sign the labor market has stabilized after big cooldown over the summer.MarketWatch - Dec. 4 -
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 -
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 -
Blame AI for your gruelling job interview
Efforts to push back against unsuitable mass applications are turning a dispiriting situation into a miserable oneFinancial Times - Dec. 4 -
Fantasy Football Playoff Defense (DST) Rankings
Which defenses can you trust to bring you to a fantasy football championship?Yahoo Sports - Dec. 3 -
Fantasy Football Rankings: Top defenses for Week 14
The fantasy football experts of Yahoo Fantasy reveal their Week 14 defense rankings.Yahoo Sports - Dec. 3 -
Job openings bounced in October on need for IT workers
The number of job openings and people quitting their jobs ticked upward in October while layoffs edged down, signaling a modest improvement in hiring conditions amid a broader tightening in the ...The Hill - Dec. 3 -
These are the most in-demand tech jobs hiring right now
According to LinkedIn’s latest report, software engineer, full stack engineer and application developer are in the top 10 roles.VentureBeat - Dec. 3 -
Businesses and Job Seekers: Beware of This Hiring Scam
Scammers might be using your business’s job posting to make a buck.Inc. - Dec. 3 -
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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 -
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