Latest in Major Cuts Thyssenkrupp
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Thyssenkrupp Steel to Cut 11,000 Jobs
The workforce will be reduced by 40% through job cuts, outsourcing and business sales. There are 27,000 jobs in production and administration.Business - The Wall Street Journal - 2 days ago -
‘Incompetent’ FCA slammed by MPs
Report calls for overhaul of UK regulator after three-year probe heard from whistleblowers and former staffBusiness - Financial Times - 2 days ago -
Thyssenkrupp to slash 40% of steel jobs in latest blow to German industry
Division to shed 11,000 roles amid oversupply in Europe and rise in cheap Asian importsBusiness - Financial Times - 2 days ago -
How likely are major cuts from Trump, Musk and Ramaswamy's "DOGE"
President-elect Donald Trump's Department of Government Efficiency, headed by Elon Musk and Vivek Ramaswamy, has vowed to cut $2 trillion in government spending. CBS News MoneyWatch correspondent ...Top stories - CBS News - November 19 -
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Process to replace Matt Gaetz could cut into House GOP's narrow majority
Florida Gov. Ron DeSantis has set dates for a special election to replace Matt Gaetz. The timeline will leave his seat vacant in the incoming Congress for several weeks.Top stories - ABC News - 5 days ago -
Steel Maker ThyssenKrupp to Slash 11,000 Jobs in Germany
The venerable steel producer, which has been struggling against high energy prices at home and growing competition from abroad, is the latest company in Europe to cut its work force.Business - The New York Times - 2 days ago -
Thyssenkrupp Targets Profit Return After Posting Narrowed Net Loss
The industrial group forecasts net profit of between €100 million and €500 million for fiscal 2025 on sales growth of 3% at best.Business - The Wall Street Journal - November 19 -
Germany's Thyssenkrupp pops 10% after narrowing net loss and booking $1 billion impairment charge
Thyssenkrupp on Tuesday reported a 1-billion-euro ($1 billion) impairment on its struggling steel division.Business - CNBC - November 19 -
The problem with the term ‘global majority’
Endless searching for a label to describe ethnic minority groups is ultimately futileWorld - Financial Times - October 29 -
Republicans capture Senate majority
Republicans on Tuesday captured the Senate, Decision Desk HQ projects, ending their painful four-year stretch in the minority. The victories come as a welcome relief to Republican senators after ...Politics - The Hill - November 6 -
The silent majority rises
America was becoming polarized, and Republicans were able time and again to call upon their silent majority to deliver them victory.Politics - The Hill - November 11 -
Will Democrats be able to claim the House majority?
With about 54 seats in the House yet to be called, Democrats are hopeful that they can claim the House majority by winning over swing districts in New York and California. In several battleground ...Top stories - NBC News - November 6 -
AstraZeneca embarks on major US expansion
UK’s largest drugmaker to invest $3.5bn by end of 2026 as it targets doubling of revenuesBusiness - Financial Times - November 12 -
Thune elected Senate majority leader
Sen. John Thune (R-S.D.) has been elected Senate majority leader, setting the stage for him to replace retiring Sen. Mitch McConnell (R-Ky.), who has held the top Senate GOP leadership job for the ...Politics - The Hill - November 13 -
Walmart cuts DEI
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Walmart rolls back DEI policies under pressure Walmart will roll back diversity, ...Politics - The Hill - Yesterday -
Four open seats complicating Democrats' path to the majority
The Democratic effort to flip control of the House in next week’s elections has been complicated by key retirements that have expanded the battleground for Republicans in the final stretch of the ...Politics - The Hill - October 30 -
The state of the 2024 race in two major battleground states
Vice President Kamala Harris and former President Donald Trump spent Thursday in battleground states Arizona and Nevada to try to court voters less than a week from Election Day. CBS News executive ...Top stories - CBS News - October 31 -
Repression Intensifies in the Country Hosting a Major Climate Meeting
Human rights watchdogs say Azerbaijan is in the midst of a vicious campaign of repression. But in global geopolitics, this energy-rich Caucasus country now has a lot of leverage.World - The New York Times - November 1 -
Sydney to Become Seventh World Major Marathon in 2025
The Sydney Marathon has joined the ranks of New York, Boston, Chicago, London, Berlin and Tokyo, receiving a designation reserved for the most elite races in the world.World - The New York Times - November 5 -
Major Garrett on key themes as voters cast ballots
As voters decide who will lead the nation, Major Garrett breaks down the top issues, what's at stake, and what to expect as the results roll in.Top stories - CBS News - November 5 -
Watch a recap of the major turning points in the 2024 campaign
The 2024 presidential election has been like none other in history and has moved so quickly with the nation experiencing a lot in a short period of time. NBC’s Kate Snow shares a recap of the race ...Top stories - NBC News - November 5 -
Republicans retake control of US Senate
Republicans gain three seats, guaranteeing them at least 52 out of 100 in the new upper chamber.Top stories - BBC News - November 6 -
Republicans win majority in the Senate, CBS News projects
Republicans will take control of the Senate after Sen. Deb Fischer's victory in Nebraska, CBS News projects. CBS News' Scott MacFarlane, John Dickerson and Margaret Brennan break down how the GOP ...Top stories - CBS News - November 6 -
Michigan Democrats defend state Supreme Court majority
Democrats have expanded their majority on the Michigan Supreme Court after winning a pair of races on Tuesday, according to The Associated Press. Justice Kyra Harris Bolden, a former appointee ...Politics - The Hill - November 6 -
Mendy entitled to majority of unpaid Man City wages
Former Manchester City defender Benjamin Mendy should have been paid when he was not in custody, an employment tribunal judge rules.Top stories - BBC News - November 6 -
An Emboldened G.O.P. Senate Majority Is Ready to Empower Trump
With a decisive margin in the Senate, Republicans, who have shown their willingness to accommodate the president-elect, will have the numbers to overcome divisions over his personnel and policies.Top stories - The New York Times - November 7 -
Trump victory is a major setback for climate action, experts say
Trump's election will hit immediate efforts to tackle climate change, experts say - but the longer-term effect is less certain.Top stories - BBC News - November 7 -
Large Senate GOP majority strengthens Trump's hand
Republicans have at least a 52-seat Senate majority and are looking to expand it to 54 seats, as GOP candidates are leading the vote counts in Pennsylvania and Nevada. Such a cushion would ...Politics - The Hill - November 7 -
Gillen ousts D'Esposito in major pickup for House Democrats
Laura Gillen has defeated Rep. Anthony D’Esposito (R-N.Y.) to score a key pickup for Democrats still hoping to retake the House, Decision Desk HQ projects. New York has been seen as key to ...Politics - The Hill - November 7 -
Major Garrett on "clarity" and the 2024 election result
CBS News chief Washington correspondent Major Garrett says he's seen the word "clarity" mentioned a lot about the 2024 presidential election, with some variation of "at least the result was clear." ...Top stories - CBS News - November 7 -
Trump has potential to appoint a majority of the Supreme Court
Republicans are gearing up to lock in their remake of the judiciary under President-elect Donald Trump and a new Senate majority, including potentially installing several more conservative Supreme ...Politics - NBC News - November 8 -
Winter Storm in Colorado: Denver Hit With First Major Snow of the Season
The National Weather Service said snowfall accumulations from Friday into Saturday morning could be significant, with 12 to 20 inches expected south of Denver.Top stories - The New York Times - November 8 -
GOP inches closer to retaining House majority
Control of the House has yet to be determined, as a number of critical races remain too close to call, leaving lawmakers — and voters — waiting to see which party will hold the majority next year. ...Politics - The Hill - November 9 -
North Korea ratifies major defense treaty with Russia
North Korea says it has ratified a major defense treaty with Russia stipulating mutual military aidWorld - ABC News - November 12 -
Trump knocks critic Anthony Scaramucci as 'major loser'
President-elect Trump knocked his ex-White House communications director Anthony Scaramucci as a “major loser," in reaction to his constant criticism. Trump's rebuke of Scaramucci came just days ...Politics - The Hill - November 12