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Musk’s Slashing of the Federal Budget Faces Big Hurdles
The so-called Department of Government Efficiency, with Elon Musk as co-leader, has advantages that past budget-cutters did not, but laws and court challenges can still make change slow and difficult.Top stories - The New York Times - 1 hour ago -
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 -
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 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 - November 18 -
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. - 5 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 - 5 days ago -
Musk's DOGE wants to slash regulations. Workers and patients may suffer, experts say.
Trump appointed Elon Musk as co-head of the Department of Government Efficiency.Top stories - ABC News - 11 hours ago -
Democratic senators call for federal probe into Musk's contact with Russia
A pair of Democratic senators called for a federal investigation into Elon Musk’s involvement in SpaceX’s federal contracts following reports the tech billionaire has been in regular contact with ...Politics - The Hill - November 15 -
Musk and Ramaswamy call for ending work-from-home for federal employees
Pair suggest Trump could require government workers to be in-office five days a week as part of effort to trim workforce. Elon Musk and Vivek Ramaswamy suggested Donald Trump could require ...World - The Guardian - 6 days ago -
Possible Trump Treasury secretary says he'd work with Musk to cut federal spending
Hedge fund founder John Paulson, an ally of former President Trump, said in a new interview that he will work with tech billionaire Elon Musk to “reduce federal spending” if tapped to serve as ...Politics - The Hill - October 30 -
2024 election updates: Musk asks to move $1 million lottery case to federal court
The hearing will come a day earlier than scheduled and the judge stipulated that all parties be present.Top stories - ABC News - October 31 -
Elon Musk moves $1 million voter lottery lawsuit to federal court — for now
Tesla CEO Elon Musk and his America PAC are supporting Donald Trump against Kamala Harris in the presidential election contest.Business - CNBC - October 31 -
Elon Musk seeks to move $1M swing state voter giveaway case to federal court
Elon Musk is attempting to move to federal court a lawsuit challenging his $1 million daily giveaways to registered voters in swing and battleground states, throwing into question a scheduled ...Politics - The Hill - October 31 -
Elon Musk's legal team delays possible ruling on $1M giveaways with federal court filing
PHILADELPHIA — Elon Musk’s legal team filed court papers that delayed a potential ruling on a lawsuit over his super PAC's $1 million lottery-style giveaways.Top stories - NBC News - October 31 -
Elon Musk skips hearing as $1m election giveaway case moves to federal court
Absence would have risked contempt of court had the case continued in Pennsylvania. US elections 2024 – live updates Elon Musk failed to show up to a required hearing in a Philadelphia case ...World - The Guardian - October 31 -
Elon Musk files to move super PAC's lottery giveaway lawsuit to federal court
Lawyers for Elon Musk have filed to move a lawsuit over his super PAC's $1 million lottery giveaways to voters to federal courts. NBC News' Dasha Burns reports on the filing and what Musk's team is ...Top stories - NBC News - October 31 -
'#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 -
Trump nominates Elon Musk and Vivek Ramaswamy to lead new efficiency department to ‘restructure federal agencies’ – live
Tesla CEO and onetime Republican presidential hopeful put forward to lead department to ‘dismantle government bureaucracy’ . Trump’s cabinet picks and likely contenders so far Joe Biden is ...World - The Guardian - November 13 -
With DOGE, Elon Musk Wants to Bring His Brutal Managerial Style to the Federal Government. But He Doesn’t Own It. Yet
Running the government like a corporation isn’t a new idea. It also doesn’t work.Business - Inc. - November 18 -
Awaiting DOGE, Musk Joins Amazon in Attacks on Federal Labor Regulator’s Legal Status
Court cases by SpaceX and Amazon opened against the National Labor Relations Board are a long-odds effort to eviscerate the regulatory body before Musk’s DOGE onslaught begins.Business - Inc. - November 19 -
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 - November 20 -
Musk and Ramaswamy float ending remote work for federal employees and 'large-scale firings'
Incoming Trump administration advisers Elon Musk and Vivek Ramaswamy floated ending remote work for federal workers, calling it a “privilege” left over from the pandemic.Top stories - NBC News - November 20 -
Here's where Elon Musk says his DOGE will aim to cut federal spending
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.Top stories - CBS News - 6 days ago -
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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 -
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 -
Citigroup slashes promotions as it seeks to overhaul bank
As few as 2,000 employees could receive pay and title bumps in the next month, down from about 8,000 in previous roundsBusiness - Financial Times - Yesterday -
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
