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Trump orders Justice Department to not enforce TikTok ban
The order directs the Justice Department not to take action or impose penalties against "any entity for any noncompliance" with the law.CBS News - Jan. 20 -
Vivek Ramaswamy set to depart DOGE
Biotech entrepreneur Vivek Ramaswamy confirmed on Monday he will not serve on President Trump’s “Department of Government Efficiency” (DOGE) commission, leaving Tesla CEO Elon Musk to singularly ...The Hill - Jan. 20 -
Here are the acting department heads in Trump's second term
President Trump is tapping a number of officials to serve as acting department heads as he waits for the Senate to confirm his Cabinet nominees. While some acting heads will only serve for a short ...The Hill - Jan. 20 -
Biden's remarks as he departed Joint Base Andrews
CBS News' Weijia Jiang reports former President Joe Biden addressed members of his staff before departing Joint Base Andrews, celebrating his administration's efforts while he was president.CBS News - Jan. 20 -
Biden departs Washington after Trump's inauguration
Former President Joe Biden has departed Washington, D.C., after the inauguration of President Trump. Biden served as the 46th president of the United States.CBS News - Jan. 20 -
Vivek Ramaswamy expected to depart DOGE
Trump's choice to co-lead the Department of Government Efficiency is expected to announce a gubernatorial campaign after the new administration begins.CBS News - Jan. 19 -
Trump departs for Washington ahead of inauguration
President-elect Donald Trump departed for Washington D.C., alongside his wife and former first lady Melania, ahead of his inauguration.NBC News - Jan. 18 -
Justice Department Reconsiders NCAA Athlete Pay Settlement
The DOJ says an NCAA payment ruling for compensating student athletes may not be enough.Inc. - Jan. 18 -
Commerzbank explores thousands of job cuts in answer to Andrea Orcel
German lender under pressure to cut costs and boost returns after approach from UniCreditFinancial Times - Jan. 18 -
Starbucks’s turnaround plan under new CEO now likely includes job cuts
Coffee chain Starbucks’s promised overhaul may require cutting jobs as it tries to work more efficiently, CEO Brian Niccol said.MarketWatch - 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 -
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 -
Inside Kristi Noem's plans for Department of Homeland Security
Kristi Noem is having her Senate confirmation hearing Friday to become President-elect Donald Trump's secretary of Homeland Security. CBS News political correspondent Caitlin Huey-Burns has more on ...CBS News - Jan. 17 -
Watch live: Austin bids farewell to Defense Department
Defense Secretary Lloyd Austin will bid farewell in a speech Friday morning, just days before President-elect Trump is set to return to the White House. During his four years helming the Pentagon, ...The Hill - Jan. 17 -
Biden delivers farewell remarks at Department of Defense
President Biden addressed the Department of Defense days before he hands over the White House to President-elect Donald Trump. CBS News' Weijia Jiang reports.CBS News - Jan. 16 -
Garland delivers farewell address at Justice Department
Attorney General Merrick Garland delivered his farewell address to the Justice Department before President-elect Donald Trump's administration begins. Garland called for discretion in enforcing the ...CBS News - Jan. 16 -
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 -
Blinken holds final news conference at State Department
Secretary of State Antony Blinken held his final news conference at the State Department Thursday. Following a portion of the news conference, CBS News contributor Robert Berger provided analysis ...CBS News - Jan. 16 -
Ferreira, Neal, Tolkin depart USMNT training camp
Forward Jesús Ferreira and defenders Jalen Neal and John Tolkin have departed the United States men's national team training camp in Ft. Lauderdale and won't be part of the friendlies against ...ESPN - Jan. 16 -
Biden delivers farewell address to the Department of Defense
Watch live coverage as President Biden delivers his farewell address as commander in chief to the Department of Defense.NBC News - 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 and 3,000 contractor roles to help save £1.6bn
Oil company to lose 5% of its staff in effort to cut costs amid shareholder worries over green energy strategy. BP is to cut thousands of jobs from its global workforce, amounting to 5% of its ...The Guardian - 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 -
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - Jan. 16 -
Transportation Department sues Southwest for 'chronically delayed flights'
The Department of Transportation on Wednesday sued Southwest Airlines, alleging the carrier operated chronically delayed flights, and fined Frontier Airlines for late-arriving flights.NBC News - 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 -
Top BlackRock executive Mark Wiedman to depart
Move scrambles asset management giant’s plans to eventually replace founder Larry FinkFinancial Times - Jan. 14 -
Gazprom considers record job cuts as Ukraine war ravages finances
Russian energy group hit by plummet in European gas sales and oil sanctions, putting 1,600 jobs on lineFinancial Times - Jan. 13 -
Los Angeles Fire Department budget sustained cuts but saw overall increase
Los Angeles Fire Department budget sustained cuts but saw an overall increase.ABC News - Jan. 11 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.CNBC - 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 -
BlackRock departs climate investment group
Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect any ...The Hill - Jan. 9 -
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.NBC News - Jan. 9 -
Demystifying the Department of Government Efficiency
This week we break down the new government committee being led by Elon Musk and Vivek Ramaswamy.Wired - Jan. 9 -
Can the Justice Department Survive a Trump Wrecking Ball?
Over the next four years, the rule of law will face a profound test.The New York Times - Jan. 9 -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - Jan. 9 -
Microsoft confirms performance-based job cuts across departments
Microsoft said it's cutting a small percentage of jobs across departments, based on performance.CNBC - Jan. 9 -
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