Latest in Musk’s Plan Slash
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Elon Musk handpicked by Trump to carry out slash-and-burn cuts plan
World’s richest man has been an enthusiastic cost-cutter – but he may find the public sector an entirely different beast. Donald Trump, president-elect of the US, announced on Tuesday that he has ...World - The Guardian - November 13 -
How Elon Musk’s plan to slash government agencies and regulation may benefit his empire
Donald Trump has said the Department of Government Efficiency would end government “bureaucracy,” relax “excess” regulations and cut “wasteful” expenditures.Business - CNBC - Yesterday -
How Musk’s Department of Government Efficiency May Try to Slash Federal Spending
President-elect Donald J. Trump has tasked Elon Musk and Vivek Ramaswamy with identifying ways to cut the budget. The hard part comes next.Top stories - The New York Times - November 16 -
How Elon Musk’s and Vivek Ramaswamy’s Government-Slashing Spree Could Backfire
If they’re not careful, they could make the government’s efficiency problems worse.Top stories - The New York Times - 5 days ago -
How Quickly Can Trump’s Musk-Led DOGE Panel Slash Regulations?
Musk and Ramaswamy have a broad general mandate from the president-elect, but their planned massive cuts may be hard to implement.Business - Inc. - Yesterday -
Vivek Ramaswamy Returns to Push His Plans to Slash the Government
The wealthy entrepreneur, tapped by Donald Trump to co-lead an outside effort focused on “efficiency,” campaigned on an assertion that the president has the power to fire 75 percent of the federal ...Top stories - The New York Times - November 15 -
Musk's plan to shrink the government
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Musk, Ramaswamy tee up mass layoffs, rule rollbacks under Trump Tech entrepreneurs Elon Musk and Vivek ...Politics - The Hill - 2 days ago -
Steve Madden to slash China sourcing by as much as 45% as Trump's tariff plan looms
Retailers and brands have already made a push to diversify sourcing because of tariff risks and supply chain disruptions.Business - CNBC - November 7 -
Behind Trump's plans for Elon Musk, Vivek Ramaswamy
Donald Trump's plans for Elon Musk and Vivek Ramaswamy's roles in his government are emerging after he announced they would head a temporary agency known as the Department of Government Efficiency. ...Top stories - CBS News - November 13 -
Trump Plans to Attend Musk’s SpaceX Launch on Tuesday
The president-elect’s decision to witness the liftoff is another example of his close ties to the world’s wealthiest entrepreneur.Science - The New York Times - 4 days ago -
Musk, Ramaswamy detail plans for "Department of Government Efficiency"
Elon Musk and Vivek Ramaswamy have published an op-ed in the Wall Street Journal detailing their plans for their "Department of Government Efficiency" and revealing some of the programs they might ...Top stories - CBS News - 2 days ago -
Elon Musk says Trump's economic plans could cause 'temporary hardship'
Musk, the world's richest person, is a prominent supporter of Trump.Top stories - ABC News - October 31 -
Judge Plans to Rule on Musk’s $56 Billion Tesla Payday by Year End
The contentious proceedings in Delaware’s Court of Chancery should be complete by the end of December, according to the judge’s letter to lawyers in the case.Business - Inc. - November 1 -
Musk's bold plans for 'Department of Government Efficiency' face roadblocks
Elon Musk and Vivek Ramaswamy are set to take the reins of the brand-new "Department of Government Efficiency" (DOGE) under President-elect Trump — a panel with bold ambitions of slashing ...Politics - The Hill - November 14 -
Trump Ponders New Treasury Picks, Plans SpaceX Launch Visit With Musk
Apollo Global Management Chief Executive Marc Rowan and former Federal Reserve Governor Kevin Warsh are new names in the mix of candidates for Secretary of the Treasury.Business - Inc. - 4 days ago -
Australia rejects Elon Musk's claim that it plans to control access to the internet
An Australian Cabinet minister has rejected X Corp. owner Elon Musk’s allegation that the government intends to control all Australians' access to the internet through legislation that would ban ...Tech - ABC News - Yesterday -
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Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers
Donald Trump has proposed universal tariffs, which Vice President Kamala Harris attacked, calling the proposal a "Trump sales tax" on American consumers.Business - CNBC - October 30 -
Elon Musk asks voters to brace for 'hardship' as billionaire plans deep spending cuts from potential Trump cabinet post
In the home stretch of the 2024 election, voters who’ve been weighing both campaigns’ proposals to tackle living costs are now hearing a new pitch from the Republican side: accept some short-term ...Top stories - NBC News - October 30 -
How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos
The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.Business - Inc. - October 30 -
'#EndtheFed': Elon Musk endorses plan to let presidents meddle with Federal Reserve after Trump election win
During his first term as president, Donald Trump was not shy about publicly disparaging Federal Reserve Chair Jerome Powell and his policy decisions.Business - CNBC - November 9 -
Why Elon Musk’s Plan to Reinvent EV Batteries Was Dissed by a Chinese Battery Leader
Inside Tesla a team has been feverishly working to reinvent the power cells that make EVs work. The founder of the world’s biggest battery maker said the effort was doomed to fail.Business - Inc. - November 15 -
Musk, Ramaswamy lay out plans for 'mass' federal layoffs, rule rollbacks under Trump
Tech entrepreneurs Elon Musk and Vivek Ramaswamy said Wednesday that their brand-new government efficiency panel will identify “thousands” of regulations for President-elect Trump to eliminate, ...Politics - The Hill - 3 days ago -
EstéeLauder Shares Plunge 21% After It Slashes Dividend
The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.Business - The Wall Street Journal - October 31 -
Goldman slashes European growth forecasts on Trump trouble
Elections have consequencesWorld - Financial Times - November 7 -
Ramaswamy: 'We want to go in and slash and burn that bureaucracy'
Vivek Ramaswamy, who landed a role alongside tech billionaire Elon Musk in President-elect Trump’s incoming administration as heads of the new "Department of Government Efficiency" (DOGE), ...Politics - The Hill - November 14 -
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, according to CEO Drew Houston.Business - CNBC - October 30 -
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff. The company is in a “transitional period” as its file sync ...Top stories - NBC News - October 30 -
Warren Buffett slashes Apple stake as he boosts cash to record high
Berkshire’s stock-selling spree extends for eighth quarter, with $166bn dumped over the periodBusiness - Financial Times - November 2 -
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.Business - The New York Times - November 7 -
Trump eyes Burgum as new ‘energy tsar’ to slash regulations
Role would have sweeping power over environmental agencies and rules in an attempt to boost fossil fuelsBusiness - Financial Times - November 8 -
23andMe to slash 40% of its workforce, end therapeutics program to cut costs
DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.Business - MarketWatch - November 12 -
Republican Congress Could Mean Slashed Taxes and Heightened Deficits
Trump’s agenda could sink the U.S. government trillions of dollars further into debt.Business - Inc. - November 13
