Payouts Cut - QuikReader

Wounded Russian troops had their medical payouts cut back in one swift move from the Kremlin

World - Yahoo News - 21 hours ago

Veterans demand better payout for gay ban

Leading charities have written to the prime minister, calling the average payments "unacceptably low".

EY partner payouts in UK fall to £723,000 on average

Big Four accounting firm hit by sharp slowdown in revenue growth and an increase in partnership size

Business - Financial Times - October 25

Investors Want to See a Payout on Microsoft’s AI Efforts

As the tech giant readies a report of what’s forecast as its slowest quarterly growth in a year, shareholders want to see genuine demand for the AI applications it’s spent billions to develop.

Business - Inc. - October 28

Car buyer payouts over loan scandal could be delayed

Regulators want to give more time to car dealers potentially facing a deluge of mis-selling claims.

4 arrested for faking bear attacks for insurance payouts

Four people have been arrested for allegedly carrying out a bizarre insurance fraud scheme where they staged bear attacks inside cars. Authorities say the suspects submitted videos for insurance ...

Sinologist Li Cheng: ‘America is not in the mood to study China’

The political expert on the breakdown of US-Sino relations, what Xi Jinping’s fourth term might hold — and why neither Harris nor Trump makes him hopeful of change

Business - Financial Times - October 25

4 arrested in California for allegedly staging bear attacks to receive insurance payouts

Investigators accused four suspects of staging bear attacks using a costume to damage vehicles in a San Bernardino County mountain community in order to receive payouts totaling more than $140,000.

Britain's car finance industry is in crisis – with banks bracing for billions in payouts

The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).

Business - CNBC - 17 hours ago

Person in bear costume faked attacks on cars for insurance payout, officials say

Four people have been charged with insurance fraud for claiming that their cars were trashed by a bear — which was actually someone in a bear costume, officials said Wednesday.

Guyana citizens to receive £370 each in payouts from ‘mind-boggling’ oil wealth

Country has been enjoying historic growth in economy, which has tripled since it started crude oil extraction in 2019. Hundreds of thousands of Guyana citizens living at home and abroad will ...

World - The Guardian - November 6

A Mega Millions Lottery Ticket Will Cost $5 Next Year, but You Can Get the Same (Real) Payout for Free, Starting Today

What the lottery sells is the power of hope–which you can start embracing right now, without spending a dime.

Business - Inc. - October 23

Titans cutting Jamal Adams

Jamal Adams' brief tenure in Tennessee is coming to an end.

Sports - Yahoo Sports - October 17

Bank of Canada resorts to jumbo rate cut as growth falters

Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall further

World - Financial Times - October 23

OPEC extends oil output cuts

The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...

Politics - The Hill - November 4

Reeves eyeing £40bn in tax rises and spending cuts

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

McKinsey Cuts Hundreds From China Workforce

The consulting firm is cutting back on state-linked clients and is working to separate its China operations

Business - The Wall Street Journal - October 17

Ministers complain to Starmer over spending cuts

Some Cabinet members are alarmed at the scale of cuts being sought to plug a rumoured £40bn gap.

Titans cut safety Adams, honoring his request

The Titans released Jamal Adams, honoring the three-time Pro Bowl safety's request.

Sports - ESPN - October 17

Trump Keeps Promising New Tax Cuts. Other Republicans Are Wary.

Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.

Business - The New York Times - October 17

Tourism hotspot cuts council tax on second homes

Councillors vote to cut council tax premium, six months after a higher rate of 200% was brought in.

Parents fight to stop cuts to school transport

North Yorkshire Council will only fund bus travel to a child's nearest school from 2025.

Sports - Yahoo Sports - October 18

Fear that winter fuel payment cut will cost lives

Wales' older people's commissioner says people will die because of the decision.

Passengers stuck on planes and homes without power

Northern Ireland Electricity restored power to more than 10,000 customers over the course of Sunday.

Fed Leaders Favor Rate Cuts, But Differ on Pace

Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.

Business - Inc. - October 22

Volvo Car Cuts Guidance on Worsening Auto Market

The Swedish car maker cut its full-year guidance and said it now anticipates negative cash flow due to lower sales expectations and a weak market.

Business - The Wall Street Journal - October 23

Beyond Inc. to Cut Workforce by About 20%

Beyond Inc. is cutting about 20% of its workforce as part of broader review of its cost structure, which comes after the company invested about $65 million in two retailers to help restore Bed Bath ...

Business - The Wall Street Journal - October 22

Intesa Sanpaolo unveils plans to cut 9,000 jobs

Italy’s largest bank wants to reduce costs by accelerating its digital transformation

Business - Financial Times - October 23

Dassault Systemes Cuts Guidance After Earnings Disappoint

The French software maker lowered its guidance for the year after revenue and operating profit came in shy of analyst expectations in the third quarter.

Business - The Wall Street Journal - October 24

Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All

The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.

Business - The New York Times - October 24

Trudeau announces sharp cuts to Canada's immigration targets

The government says it "didn't get the balance quite right" when it bolstered immigration to address labour shortages.

Queen's University to cut jobs as it faces £11m deficit

The university told BBC News NI it is planning to cut the jobs through a voluntary redundancy scheme.

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