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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 - 3 days ago -
Elon Musk takes on America’s shrink-to-greatness challenge
Is it possible to slash and grow at the same time? Thanks to President Trump’s ‘first buddy’, America will soon find outWorld - Financial Times - 6 days ago -
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 - 5 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 -
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 - 5 days ago -
Shrinks against Donald Trump
US mental health professionals take out full-page ad to warn that former president ‘is an existential threat to democracy’World - Financial Times - October 28 -
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 -
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 -
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 -
Professors Worry Their Power Is Shrinking at Universities
Faculty members are used to sharing power with presidents and trustees to run universities. But some presidents and lawmakers have made moves to reduce their say.Top stories - The New York Times - November 2 -
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 -
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 -
Man's brain tumour shrinks by half in therapy trial
A doctor who designed a new radioactive treatment for glioblastoma says the result is "remarkable".Top stories - BBC News - October 29 -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - October 30 -
Volkswagen Profit Shrinks as Unions Threaten Strike
Germany’s biggest automaker said its profit dropped 42 percent in the third quarter, as union leaders warned that workers were ready to walk out over a wage dispute.Business - The New York Times - October 30 -
Top Law Firms Shrink From the Heat of the Mideast Conflict
When a Columbia professor needed a lawyer because of her comments about the actions of former Israeli soldiers on campus, tensions over the Israel-Hamas war got in the way.Top stories - The New York Times - October 25 -
China’s kindergarten numbers shrink as policymakers struggle to arrest falling birthrate
Various measures designed to encourage people to have more children have had limited success. The number of kindergartens in China fell by more than 5% last year, the second year in a row that ...World - The Guardian - October 28 -
Polls Show Trump’s Edge Shrinking on Voters’ Top Issue: The Economy
It remains priority No. 1 for many voters, particularly those who are still undecided, according to Times/Siena polling. But can Kamala Harris translate her gains into votes?Business - The New York Times - October 30 -
Samsung Electronics' chip profit shrinks 40% from the previous quarter
The semiconductor unit reported third-quarter operating profit of 3.86 trillion won (about $2.8 billion), down 40% from the previous quarter.Business - CNBC - October 31 -
Nikola Jokic's shrinking prime -- and the disconnect brewing inside Denver trying to salvage it
Tensions have steadily risen inside the organization over perhaps the NBA's most important question: How do the Nuggets maximize what's left of Jokic's prime?Sports - ESPN - November 1 -
Trump Tariffs Could Hurt Shrinking Global Luxury Goods Market
Despite seeing a post-recession bump, luxury good sales are declining and may be hit hard by Trump tariffs.Business - Inc. - November 13 -
Shrinking GDP forecast adds to German woes after coalition collapse
European Commission figures predict German economy, usually the engine of the EU, will contract O.1% this year. Business live – latest updates Germany’s looming general election will be fought ...World - The Guardian - November 15 -
UK business activity shrinks for first time in a year as confidence in Labour falls
Many companies report worsening conditions following rise in employers’ national insurance contributionsBusiness - Financial Times - Yesterday -
Founder of TikTok owner ByteDance jumps to top of China’s rich list as number of billionaires shrinks
Zhang Yiming, the founder of TikTok owner ByteDance, is China’s richest person, with personal wealth of $49.3 billion, an annual rich list showed Tuesday.Top stories - NBC News - October 30 -
Personal luxury goods market to shrink for first time since the 2008 financial crash, research finds
The personal luxury goods market looks set to face its first slowdown since the Global Financial Crisis, excluding the Covid period, a new report showed Wednesday.Business - CNBC - November 13 -
A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse
Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 and the COVID-19 pandemicWorld - ABC News - November 13 -
Rachel Reeves ‘not satisfied’ with summer slowdown as UK slips down G7 growth leaderboard – business live
Latest UK GDP growth report shows UK grew by just 0.1% in July-September, a slowdown on the first half of the year. Bank of England governor says Brexit has undermined UK economy Luke ...World - The Guardian - November 15