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Starbucks to lay off 1,100 employees and cut drinks from its menu
Starbucks is planning to layoff 1,100 employees at the corporate level. The coffee chain is also slashing about 30% of its menu. CBS News MoneyWatch correspondent Kelly O'Grady has more on what's ...CBS News - Feb. 25 -
PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.CNBC - Feb. 25 -
New York Public Radio to Lay Off About 7% of Staff
The elimination of 21 full-time roles is the latest in a series of reductions at the organization.The New York Times - Feb. 25 -
Trump lays out Ukraine minerals deal ahead of Zelensky meeting
President Trump on Thursday offered more details about the mineral agreement the U.S. is set to sign with Ukraine, arguing it would allow America to recoup aid provided to Kyiv, while boosting ...The Hill - 6d -
Israel’s Military Lays Out Its Oct. 7 Hamas Attack Failures
The highly anticipated public findings, the first from its internal inquiries into the devastating Hamas-led attack, do not apportion individual responsibility, though officials said that may come ...The New York Times - 6d -
Guggenheim Lays Off 20 Employees as Financial Challenges Persist
The museum has suffered from rising costs and lower attendance. The cuts followed those at the Brooklyn Museum, which trimmed 10 percent of its staff this month.The New York Times - 2d -
Trump to lay out second-term vision in key address to Congress
President’s first speech to joint session of Congress since reclaiming office comes after administration’s radical start. Donald Trump on Tuesday will deliver his first address to a joint session ...The Guardian - 2d -
Trump administration quietly amends government lay-offs directive
Change comes after thousands of workers were fired, causing chaos across the USFinancial Times - 1d -
Trump to lay out vision for U.S. on foreign and domestic policy
President Trump will give his first joint session address to Congress of his second term. Robert Costa joins to discuss what's at stake.CBS News - 1d -
Hong Kong democrat Jimmy Lai finishes testifying in national security trial
Hong Kong media tycoon and pro-democracy advocate Jimmy Lai finished testifying in court in a landmark national security trial where he stands accused of colluding with foreign forces and sedition.NBC News - 6h -
Steve Witkoff: from property developer to global spotlight as Trump’s tough-talking troubleshooter
His friendship with the president dates back to a late-night encounter in a deli. Now he is a loyal envoy brokering the Gaza ceasefire and peace talks on Ukraine. With the first phase of the ...The Guardian - Feb. 22 -
UK develops AI CV-writing tool to ease pressure on job support staff
Plan will free up work coaches for more ‘valuable’ employment as ministers seek to cut welfare billFinancial Times - Feb. 23 -
Cowboys intend to draft QB to develop this year, says team CEO Stephen Jones
The Cowboys have six picks in the 2025 NFL Draft and are expected to get another four late-round compensatory selections.Yahoo Sports - Feb. 24 -
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MLS at 30: How changes to Major League Soccer are paving the way for more stars, and more youth development
The structure of the league has always been complicated, but new mechanisms are leading to more growth, and more spendingCBS Sports - 5d -
Britain is now following a developing country economic model – and we know where that leads | Dhananjayan Sriskandarajah
Selling off assets to foreign owners, deregulating markets, and liberalising financial services only leads to inequality and instability. In 1994, I joined a march protesting against how the World ...The Guardian - 6h -
Meta Approves Executive Bonuses Up to 200 Percent After Laying Off 1 in 20 Workers
Your company should consider the message this sends to the non-executive workforce, and not follow the tech giant’s example.Inc. - Feb. 21 -
Musk’s Team to Lay off Auto Safety Agency Workers Overseeing His Car Company
Elon Musk accused the National Highway Traffic Safety Administration of holding back self-driving technology.Inc. - Feb. 22 -
Canada's Jesse Marsch to U.S. president Donald Trump: 'Lay off the ridiculous' 51st state 'rhetoric'
The Canada coach, an American, did not hold back on Wednesday when talking about the current political tension between his country of birth and where he now worksCBS Sports - Feb. 26 -
China likely to cut inflation outlook to two-decade low, lay out stimulus plans at 'Two Sessions' meeting
Beijing is expected to revise down its annual consumer price inflation target to around 2% — the lowest in more than two decades — from 3% or higher in prior years.CNBC - Feb. 27 -
VFX giant Technicolor lays off more than 200 workers in Culver City
The 110-year-old company, which has worked on iconic films including "The Wizard of Oz," "Pinocchio" and remakes of "The Lion King," is confronting financial troubles.Los Angeles Times - 6d -
Social Security Administration could lay off up to 50% of its workforce, source says – live
Social Security Administration expected to lay off at least 7,000 people, but a source tells Associated Press reduction could be as high as 50%. As Donald Trump and tech billionaire Elon Musk ...The Guardian - 6d -
NBA Hater Report: Luka Dončić laying bricks for Lakers; Jimmy Butler turning invisible on Warriors
Also, Paul George is killing the Sixers whether he plays well or notCBS Sports - 2d -
China targets 'around 5%' growth in 2025 and lays out stimulus measures as trade worries mount
China on Wednesday set its GDP growth target for 2025 at "around 5%" as it starts its annual parliamentary meeting amid escalating trade tensions with the U.S.CNBC - 1d