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Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.CNBC - Feb. 26 -
Slashing Medicaid to Pay for Trump’s Tax Cuts Could Lead to Vast State Shortfalls
Republicans have proposed lowering the federal share of costs for Medicaid expansions, which could reshape the program by gutting one of the Affordable Care Act’s major provisions.The New York Times - Feb. 26 -
Saudi oil giant Aramco posts drop in full-year profit, slashes dividend
Saudi state oil producer Aramco reported a decline in net profit in 2024 and warned of a dividend cut.CNBC - 2d -
One AI Healthcare App Already Shows Benefits — By Slashing Doctors’ Office Drudgery
The Dragon Copilot AI app transforms clinicians’ questions and observations during consultations into data-enriched notes, summaries, and referrals — saving healthcare professionals hours of weekly ...Inc. - 2d -
Border Patrol slashed tires, detained legal residents in 'fishing expedition,' lawsuit alleges
An operation in Northern California led to arrests and removals of people regardless of citizenship or status, a recent lawsuit against Homeland Security and Border Patrol alleges.NBC News - 2d -
Former Trump VA secretary: 'I don't know any system that slashes its way to excellence'
Former Secretary of Veterans Affairs David Shulkin said Thursday he did not “know any system that slashes its way to excellence” following Department of Veterans Affairs (VA) head Doug Collins's ...The Hill - 4h -
Here's how IRS layoffs could impact your tax filing and refund this season
Thousands of IRS employees are expected to lose their jobs as Elon Musk's Department of Government Efficiency, or DOGE, continues cuts to federal spending.CNBC - Feb. 21 -
DOGE won't get broad access to IRS personal taxpayer info, agreement states
A member of the DOGE team assigned to work at the IRS will not be granted broad access to Americans' personal tax information, according to a memo obtained ABC News.ABC News - Feb. 21 -
IRS employee among those fired by Trump during tax season speaks out
President Trump is eliminating more than 6,700 at the Internal Revenue Service at the height of tax season. Nancy Cordes looks at the impact of the cuts on the workers and Americans who depend on ...CBS News - Feb. 21 -
I Used to Work at the IRS. Here’s How the Massive Job Cuts This Week Will Affect You
Is it a good time to cheat on your taxes given all the pink slips at the IRS?Inc. - Feb. 22 -
Trump’s IRS layoffs have some Americans asking: ‘Why bother’ filing taxes this year?
Accountants say some clients are wondering if they should blow off their taxes amid IRS cutbacks.MarketWatch - Feb. 22 -
Author behind Oscar-nominated film finds praise and ire for his rebuke of Brazil's dictatorship
Marcelo Rubens Paiva, a popular author in Brazil for four decades, has had intense days and exchanges since the movie based on his 2015 book “I’m Still Here” became a box-office successABC News - Feb. 27 -
Thinking of not filing your tax return amid IRS cutbacks? Penalties can be costly, experts say
As the IRS faces cutbacks, some taxpayers are weighing whether to file returns this season.NBC News - Feb. 27 -
Thinking of not filing your tax return amid IRS cutbacks? Penalties can be costly, experts say
As the IRS faces cutbacks, some taxpayers are weighing whether to file returns this season. But penalties can be costly, experts say.CNBC - Feb. 27 -
Email shows that Musk ally is moving to close office behind free tax filing program at IRS
Program is apparently being closed according to email from former Tesla engineer installed in GSA. An Elon Musk ally installed in the US government said in a late night email going into Saturday ...The Guardian - 5d -
DOGE Could Cut the IRS in Half. What Does That Mean for Your Tax Filings?
New reports indicate that Elon Musk may hit the agency with a second round of mass layoffs, and that audits could be abandoned amid the diminished headcount.Inc. - 1d -
The average IRS tax refund is more than 32% lower so far this season, early filing data shows. Here's why
The average IRS tax refund is more than 32% lower so far this season, according to early filing data. Here's what to know.CNBC - Feb. 26 -
Trump layoff plan gets reprieve
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Judge gives Trump go-ahead on mass layoffs A federal judge refused a request from ...The Hill - Feb. 21 -
Will Republicans in Congress agree on a budget plan?
The Senate adopted a narrower budget proposal although Republicans in the House of Representatives are pushing ahead with different plan endorsed by President Trump. CBS News' Taurean Small reports.CBS News - Feb. 21 -
How Washington plans to defend the dollar
Trade tariffs grab headlines but the less-visible fight around money matters deeply to the presidentFinancial Times - Feb. 22 -
What's in the House GOP budget plan?
The House is expected to vote on a budget plan this week. It will be a key test to see if Republicans can unify around President Trump's agenda. CBS News congressional correspondent Nikole Killion ...CBS News - Feb. 24 -
Will Johnson's budget plan pass in the House?
House Speaker Mike Johnson says the lower chamber is very close to having enough votes to pass the budget plan that President Trump endorsed. CBS News' Taurean Small has more.CBS News - Feb. 25 -
Feds plan another 'accomplishment' email
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Feds plan another 'accomplishment' email Some agencies are planning to send a ...The Hill - 6d -
What is Trump’s Crypto Reserve Plan?
The prospect of using taxpayer money to stockpile cryptocurrencies in a national reserve has drawn criticism from lawmakers and investors.The New York Times - 2d -
Chipotle Plans to Hire 20,000 Workers for ‘Burrito Season’
As spring approaches, people’s thoughts will turn toward green grass, sunny days, the start of baseball, and, according to the fast-food chain, a hankering for burritos that will require its ...Inc. - Feb. 19 -
Chinese Embassy Plan in London Sets Off Opposition
Britain appears ready to approve what would be the largest diplomatic outpost in Europe, but neighbors and activists fear tapped phone lines and suppressed protests.The New York Times - Feb. 20 -
New Scotland-England border landmark plan submitted
The Star of Caledonia will stand 33m (100ft) high and aim to attract hundreds of thousands of visitors.BBC News - Feb. 21 -
A Ukrainian man is sentenced for planning sabotage on Russia's behalf
A Polish court has handed an eight-year prison term to a Ukrainian man convicted of planning acts of sabotage and arson on Russia's behalfABC News - Feb. 21 -
Downing Street rejects plan for legal migration cap
Officials had been studying hard limit as way to reduce numbersFinancial Times - Feb. 21 -
Nebraska nixes Tennessee home-and-home plan
Nebraska has opted out of its deal to play Tennessee in a home-and-home series scheduled for 2026 and 2027 because the Huskers' football stadium will be undergoing renovations.ESPN - Feb. 21 -
Trump Plans to Use Military Bases to Detain Migrants
Also, archaeologists found a pharaoh’s tomb. Here’s the latest at the end of Friday.The New York Times - Feb. 21 -
Arab Leaders Scramble to Counter Trump’s Gaza Plans
Leaders of Gulf states met with their Egyptian and Jordanian counterparts to strategize before a broader Arab summit early next month.The New York Times - Feb. 21 -
House Democrat planning 'Bad DOGE Act'
Rep. Dave Min (D-Calif.) is planning to introduce a bill titled "Bad DOGE Act” in the House against the Department of Government Efficiency (DOGE), arguing that it is engaged in an "abuse of ...The Hill - Feb. 24 -
House Republicans scramble to pass budget plan
House Republicans are still working to pass a budget plan backed by President Trump. CBS News' Taurean Small reports.CBS News - Feb. 24 -
What Trump’s Deportation Plans Mean for Central America
Deporting migrants to Central American countries removes many political and legal hurdles for the Trump administration. How far can the practice go before these nations reach a breaking point?The New York Times - Feb. 25 -
Teenager's school shooting plan 'extremely shocking'
Luton Council acknowledges "emotional difficulty" the revelation has had on families and staff.BBC News - Feb. 25 -
Some House Republicans unsure of Johnson's budget plan
House Speaker Mike Johnson is working toward a vote for his budget plan, which President Trump has endorsed. This comes as the Senate works on a different proposal and as some GOP members voice ...CBS News - Feb. 25 -
Dolphins planning as if OT Armstead won't return
Dolphins coach Mike McDaniel said Tuesday that the team is operating as if five-time Pro Bowl left tackle Terron Armstead will not return in 2025.ESPN - Feb. 25 -
Cuts to Medicaid possible if Johnson's budget plan passes
Lawmakers on Capitol Hill are concerned about potential cuts to Medicaid if House Speaker Mike Johnson's budget proposal is passed. CBS News' Caitlin Huey-Burns reports.CBS News - Feb. 25 -
Browns don't plan to trade Garrett, GM insists
Browns general manager Andrew Berry insisted the team is not interested in trading star defensive end Myles Garrett despite his request to be dealt.ESPN - Feb. 25