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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 - Yesterday -
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 -
Warren Buffett slashes Apple stake as he boosts cash to record high
Berkshire’s stock-selling spree extends for eighth quarter, with $166bn dumped over the periodBusiness - Financial Times - November 2 -
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.Business - The New York Times - November 7 -
Trump eyes Burgum as new ‘energy tsar’ to slash regulations
Role would have sweeping power over environmental agencies and rules in an attempt to boost fossil fuelsBusiness - Financial Times - November 8 -
23andMe to slash 40% of its workforce, end therapeutics program to cut costs
DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.Business - MarketWatch - November 12 -
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 -
Republican Congress Could Mean Slashed Taxes and Heightened Deficits
Trump’s agenda could sink the U.S. government trillions of dollars further into debt.Business - Inc. - November 13 -
Vivek Ramaswamy Returns to Push His Plans to Slash the Government
The wealthy entrepreneur, tapped by Donald Trump to co-lead an outside effort focused on “efficiency,” campaigned on an assertion that the president has the power to fire 75 percent of the federal ...Top stories - The New York Times - November 15 -
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 -
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 -
Cop29 live: Slashing methane emissions is ‘our emergency brake’, UN says
Cop29 presidency announces new drive to cut methane emissions from waste dumps as G20 reaffirms transition from fossil fuels. The UK government has conceded that Australia was mistakenly included ...World - The Guardian - November 19 -
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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. - 4 days ago -
Thyssenkrupp to slash 40% of steel jobs in latest blow to German industry
Division to shed 11,000 roles amid oversupply in Europe and rise in cheap Asian importsBusiness - Financial Times - Yesterday -
TikTok Canada Unit Ordered to Dissolve Operations on National-Security Concerns
Canada ordered the domestic unit of TikTok to dissolve its business operations in the country, while still allowing its citizens to continue using the app.Tech - The Wall Street Journal - November 6 -
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Canada braces for second Trump presidency
Defence spending and agricultural protections could raise tensions with the new US administrationWorld - Financial Times - November 8 -
Canada: Spying part of 'unacceptable culture'
The Canadian Soccer Association says an independent review confirmed the Paris Olympics drone-spying scandal was not an isolated misstep.Sports - ESPN - November 9 -
Canada and Mexico Fear a More Protectionist America
U.S. presidential candidates Donald Trump and Kamala Harris have both said they would reopen negotiations on the USMCA free-trade pact.World - The Wall Street Journal - November 1 -
Largest drug "super lab" in Canada's history is busted
Police also found dozens of handguns, AR-15-style rifles and submachine-guns -- "many of which were loaded and ready to be used."Top stories - CBS News - November 1 -
Modi condemns violence after Canada temple incident
Three people have been arrested and charged over an incident at a Hindu temple near Toronto.Top stories - BBC News - November 4 -
Canada Sends Mixed Signals With TikTok Shutdown Order
The industry minister closed TikTok’s offices in Toronto and Vancouver over security concerns, but Canadians can still download and use the app.World - The New York Times - November 9 -
Canada fires coach Priestman over drone scandal
Bev Priestman will not return as head coach of the Canadian women's soccer team following an independent report into the use of drones to spy on an opponent at this year's Paris Olympics, Canada ...Sports - ESPN - November 13 -
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Teen with bird flu in Canada hospitalized in critical condition
A teenager is in critical condition in a British Columbia children’s hospital, sick with Canada’s first presumptive human case of avian influenza.Top stories - NBC News - November 13 -
‘I'm Going to Bluesky’ Is the New ‘I’m Moving to Canada’
Users frustrated with Elon Musk’s handling of X and closeness to president-elect Donald Trump are fleeing to Bluesky—an easier migration than leaving the US.Tech - Wired - November 15 -
55,000 Postal Workers in Canada Strike Over Pay
The union walked out after talks with the country’s main mail operator failed. The stoppage could disrupt deliveries before the holidays.Business - The New York Times - November 15
