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Elon Musk’s X Becomes Weapon in Government Cost Cutting
The billionaire has used the social media site to boast of victories, lash out at enemies and conduct polls for the initiative he calls the Department of Government Efficiency.The New York Times - 1d -
Celtics trade Jaden Springer to Rockets in cost-cutting move ahead of deadline, per report
The reigning champion Celtics are saving money against the luxury taxCBS Sports - 10h -
Pfizer tops earnings estimates as Covid product sales beat expectations and cost cuts pay off
The results cap off a critical year for Pfizer, which has been slashing costs as it recovers from the rapid decline of its Covid business and stock price.CNBC - 1d -
What cutting USAID could cost America?
The Trump administration’s moves to dismantle USAID has stoked fears that America will lose its standing on the world stage as rival powers fill the void.NBC News - 1d -
Cuts to maths are a national miscalculation
I was lucky to be taught the power of mathematics but threats to the subject now endanger the UK’s AI ambitionsFinancial Times - 1d -
Palantir surges 25% as group predicts windfall from Musk’s government cost-cuts
Chief Alex Karp says efficiency department will be ‘very good’ for data analytics companyFinancial Times - 2d -
India turns to private sector for rocket launches
Government sees opportunity to be ‘global leader’ in production and export of small satellitesFinancial Times - 3d -
Democrats want answers on cost-cutting prescription payment models abandoned by Trump
House Democrats want to know what the Trump administration plans to do after it rescinded a Biden-era executive order to study potential payment models for lowering prescription drug costs, looking ...The Hill - 5d -
Fed pauses interest rate cuts—here’s when borrowing costs might drop in 2025
The Fed is holding off on more rate cuts for now, amid concerns that inflation isn’t slowing quickly enough.CNBC - Jan. 29 -
UK to inject £20mn into rocket maker Orbex
Government could become shareholder after covering half of company’s fundraising effortFinancial Times - Jan. 29 -
What are the costs of Trump's immigration crackdown?
President Trump's administration is carrying out nationwide immigration raids conducted by U.S. Immigration and Customs Enforcement. Jeremy Robbins, executive director of the American Immigration ...CBS News - Jan. 27 -
Sainsbury’s to cut 3,000 jobs as rising costs hit business
Supermarket chain will lose a fifth of senior management roles and close in-store cafésFinancial Times - Jan. 23 -
Elon Musk's DOGE has a new cost-cutting target: the U.S. penny
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.CBS News - Jan. 22 -
Musk Is Likely to Get a West Wing Office for His Cost-Cutting Project
The world’s richest man had been expected to be situated in the Eisenhower Executive Office Building, but a West Wing office would give him closer access to President Trump.The New York Times - Jan. 20 -
Cervical screening knowledge gap 'costing lives'
Women can ask for adjustments and this may encourage some people to get tested, the Eve Appeal says.BBC News - Jan. 20 -
Trump launches cryptocurrency with price rocketing
Hours after its launch, the market capitalisation for $Trump reached nearly $5.5bn (£4.5bn).BBC News - Jan. 18 -
The Cost of Surviving a Wildfire
Evacuating a disaster is often the lifesaving choice, but it comes with short-term costs to address immediate needs and incalculable personal and financial tolls in the future.The New York Times - Jan. 17 -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - Jan. 17 -
A Tale of Two Model Rocket Companies: SpaceX and Estes
One just launched the world’s biggest rocket, with mixed success. The other makes small model rockets for hobbyists, and it’s stockpiling supplies ahead of Trump’s tariffs.Inc. - Jan. 17 -
SpaceX's Starship spacecraft destroyed in mega rocket launch
Telemetry from the Starship froze just more than 8 minutes after launch from Texas, moments after engines began shutting down.CBS News - Jan. 17 -
Two Watchdogs Were Rebuffed From Joining Trump’s Cost-Cutting Effort
“We have no room in our administration for Democrats,” a transition spokeswoman replied after good-government activists tried to join the president-elect’s new efficiency department.The New York Times - Jan. 16 -
Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble
Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.CNBC - Jan. 16 -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - Jan. 16 -
BP to cut 4,700 jobs to reduce costs
The job losses at the oil giant will affect more than 5% of its global workforce.BBC News - Jan. 16 -
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - Jan. 16 -
TSMC cuts profitability target as cost of diversifying supply chains bites
World’s biggest chipmaker faces less efficient operations in US and Japan but gets boost from AI demandFinancial Times - Jan. 16 -
Mayfield blames self for 'dumb stuff' that cost Bucs
Buccaneers QB Baker Mayfield took the blame for a costly fourth-quarter fumble Sunday night against Washington and said that while it will "wear on me for a while," he's proud of the way his team ...ESPN - Jan. 13 -
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - Jan. 13 -
Estimated cost of Thames Water renationalisation questioned
Comparison with Bulb government loans gives exaggerated forecast, experts claimFinancial Times - Jan. 13 -
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Rockets-Hawks ppd. as winter storm hits Atlanta
Saturday's game between the Rockets and Hawks has been postponed because of a winter storm.ESPN - Jan. 11 -
Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.CNBC - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
The Costs of the Los Angeles Fires
Damages are now estimated to reach up to $57 billion. The blazes add to a string of climate-related catastrophes hitting businesses and homeowners.The New York Times - Jan. 10 -
LA wildfire damages set to cost record $135bn
Some of the most expensive properties in the US have been wiped out by the fires.BBC News - Jan. 10 -
Catastrophes cost world $320bn in 2024, reinsurer reports
Losses rise by 30% as climate change takes its tollFinancial Times - Jan. 9 -
Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.MarketWatch - Jan. 8 -
Tips for cutting down winter heating costs and electricity bills
From setting your thermostat between 68 and 70 degrees to properly sealing your home, NBC’s Vicky Nguyen joins TODAY to share ways you can save on home heating and electricity bills during the ...NBC News - Jan. 8 -
Navy faces steep shipbuilding costs
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Navy's plan to build more ships faces steep costs The Congressional ...The Hill - Jan. 7 -
Your Customers Are Costing You Dearly
The customer is not always right. And some of them are more expensive than they’re worth.Inc. - Jan. 7
