Latest in Job Cuts Threaten
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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 -
Lloyds to cut 500 jobs and close two offices
UK bank to review more than 1,500 jobs across multiple departmentsFinancial Times - Jan. 15 -
How the Rising Number of Bogus, Ghost Job Listings Threatens Company Reputations
Ads for jobs that don’t exist—or are never filled—keep proliferating, frustrating hiring platforms and job seekers.Inc. - Jan. 13 -
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 -
Newsom blasts Trump for 'threatening our first responders'
California Gov. Gavin Newsom (D) slammed President-elect Trump for politicizing the Los Angeles wildfires and said he is “threatening our first responders.” In an interview with NBC News’s “Meet ...The Hill - Jan. 12 -
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 -
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 -
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - 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 -
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 -
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 -
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 -
Henry Zeffman: Market trouble threatens Labour's economic plans
Chancellor Rachel Reeves may have to choose between tax rises and spending cuts, writes Henry Zeffman.BBC News - Jan. 9 -
Death toll rises to 5 in Los Angeles; flames threaten Hollywood Hills
The death toll in the devastating California wildfires has risen to five, as the flames continue to engulf the Los Angeles area and threaten the Hollywood Hills. Officials had previously confirmed ...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 -
Palisades Fire threatens historic Los Angeles landmarks
The Palisades Fire which has burned thousands of acres in Los Angeles has threatened several landmarks which many Americans have come to know from television and in movies. Tom Hanson reports.CBS News - 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 -
Uncontained Fire Threatens Pacific Palisades Homes and Businesses
The blaze tearing through the posh neighborhood nestled above the Pacific Ocean has already consumed over 10 percent of area, and remains out of control.Inc. - Jan. 8 -
New research shows a quarter of freshwater animals are threatened with extinction
New research shows about a quarter of animals living in rivers, lakes and other freshwater sources are threatened with extinctionABC News - Jan. 8 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
Cartel threatens to kill famed singer: "Last time you will receive a warning"
Photos of a banner threatening the lives of Natanael Cano and several other artists circulated on social media over the weekend.CBS News - Jan. 8 -
The fight over robots threatening American jobs
As automation becomes a reality everywhere from retail warehouses to restaurant kitchens, the use of robots is increasingly controversialFinancial Times - Jan. 8 -
Trump threatens economic, not military force, to annex Canada
President-elect Trump said Tuesday he was not considering using military force to make Canada part of the United States after repeatedly musing about the idea of the country becoming the 51st ...The Hill - Jan. 7 -
Southern California prepares for "life-threatening" windstorm
Several weather warnings will go into effect Tuesday for a "life-threatening" windstorm in Southern California.CBS News - Jan. 7 -
Los Angeles Braces for ‘Life-Threatening and Destructive’ Winds
Forecasters warned that a significant Santa Ana wind event this week could help wildfires spread quickly and erratically. Utility companies said they may pre-emptively cut off power to some customers.The New York Times - Jan. 6 -
The Guardian view on Elon Musk’s disinformation: escalating hate and threatening democracy | Editorial
The UK prime minister calls out the reckless amplification of conspiracy theories by the world’s richest man on child sexual abuse. Good. On Monday, Sir Keir Starmer rightly defended robust ...The Guardian - Jan. 6 -
Major winter storm in US threatens millions with snow, ice and brutal cold
State of emergencies issues in several states and cities as eastern two-thirds of country to experience dangerous cold. A major winter blast of snow, ice, wind and plunging temperatures in the US ...The Guardian - Jan. 5 -
Major winter storm threatens much of US with snow and ice
Around 60 million people are in the path of a massive winter storm that has already caused chaos on the roads in the middle of the country. The weather is expected to bring heavy snow, blizzard ...NBC News - Jan. 5 -
Major winter storm threatens much of the U.S. with intense cold, snow and ice
Tens of millions of Americans braced Sunday for a massive winter storm, expected to bring the heaviest snowfall and coldest temperatures in over a decade to parts of the country.NBC News - Jan. 5 -
Honduras threatens to expel US military over Trump deportation threat
Honduran President Xiomara Castro issued President-elect Trump a stark warning earlier this week over his vow to pursue mass deportations when he returns to the White House, threatening to bar U.S. ...The Hill - Jan. 4 -
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FBI checks, ethics paperwork threaten to slow down Trump confirmations
Republican sources on Capitol Hill warn that President-elect Trump’s nominees may be delayed because of paperwork holdups and the slow start of FBI background checks, creating obstacles for the ...The Hill - Jan. 3 -
Why Johnson's perilous moment threatens Trump's agenda
Conservatives are already making a bevy of demands, which centrists fear would cause further chaos this year.Politico - Jan. 3 -
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Slovakia threatens to cut benefit for Ukrainians
A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.BBC News - Jan. 2 -
The nexus of organized crime and foreign meddling threatens Latin America
The growing power of organized crime and its destabilizing effects on Latin American democracies present new vulnerabilities for foreign powers to exploit.The Hill - Jan. 2