Latest in Storm Power Cuts
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Airbus to Move Ahead With 2,000 Job Cuts at Defense and Space Business
The cuts amount to around 5% of the division’s workforce, fewer than the up to 2,500 positions Airbus had initially sought to eliminate two months ago.The Wall Street Journal - Dec. 5 -
New low-alcohol beer launched to cut boozy train passenger accidents
Avanti West Coast said the pale ale will create a ‘more enjoyable travel experience’ and help passengers ‘drink responsibly’.Yahoo Sports - Dec. 5 -
Town hit by Storm Bert flooding still recovering
Chippenham was heavily flooded when the River Avon burst its banks, submerging the town centre.Yahoo Sports - Dec. 5 -
Bitcoin storms above $100,000 as bets on Trump fuel crypto euphoria
The total value of the cryptocurrency market has almost doubled over the year so far to hit a record just shy of $3.8 trillion, according to data provider CoinGecko. Bitcoin's march from the ...Yahoo Sports - Dec. 5 -
Investigation finds no violations by Storm coaches
The Storm announced Wednesday that an external investigation into reported accusations of harassment and bullying by the team's coaching staff had concluded without finding any violations.ESPN - Dec. 4 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
JetBlue cuts more unprofitable routes, tweaks Europe flights
JetBlue is in the middle of a new plan to return to consistent profitability and cut costs.CNBC - Dec. 4 -
Airbus cuts nearly 500 UK jobs to reduce costs
It has made the cuts mostly to its space division and says there are no "compulsory" losses planned.BBC News - Dec. 4 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
Wicked storms into Oscar race with major National Board of Review win
The blockbuster musical was named best movie while Daniel Craig and Nicole Kidman picked up key acting prizes. Blockbuster musical Wicked has launched into this year’s Oscar race with a major win ...The Guardian - Dec. 4 -
With Assad Challenged, a Push to Cut Syria’s Ties to Iran Grows More Unlikely
Even as Israel bombarded Syria, officials say the U.S. and Gulf countries were working to weaken its president’s alliance with Tehran. Rebels’ shock advance has dampened those hopes.The New York Times - Dec. 4 -
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Amazon HyperPod Task Governance keeps GPUs running, cutting costs 40%
HyperPod Task Governance can increase GPU utilization, helping enterprises to optimize AI costs and producing potentially significant savings.VentureBeat - Dec. 4 -
AI-Powered Robots Can Be Tricked Into Acts of Violence
Researchers hacked several robots infused with large language models, getting them to behave dangerously—and pointing to a bigger problem ahead.Wired - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
9 states poised to end coverage for millions if Trump cuts Medicaid funding
About 3.7 million people are at immediate risk of losing health coverage should the federal government cut funding for Medicaid expansions, as some allies of President-elect Donald Trump have ...CBS News - Dec. 4 -
Amazon Never Suggested Cutting Secret Level's Concord Episode
Sony's ill-fated multiplayer shooter Concord is the focus of an episode of Prime Video's video game anthology series Secret Level, and, because the game itself has been shuttered, it could be one ...GameSpot - Dec. 4 -
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Amorim warns Man United fans: 'Storm will come'
Ruben Amorim has warned Manchester United fans that "a storm will come" despite his positive start as head coach.ESPN - Dec. 4 -
Victim-support cut to be devastating, charity says
The cut follows government promises of stronger protections for victims of crimes such as stalking.BBC News - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
Nearly 300 Troops Stormed South Korea’s National Assembly, Official Says
The National Assembly’s secretary general, Kim Min-ki, condemned what he called the “illegal, unconstitutional actions of the military.”The New York Times - Dec. 4 -
Great Lakes region recovers from winter storms with more coming
Parts of New York state faced up to five feet of snow over the last few days and more is coming across the Great Lakes region this week. CBS News weather correspondent Rob Marciano has the latest.CBS News - Dec. 3 -
California cuts back on water deliveries, anticipating dry year ahead
California's cities may only receive about 5 percent of the water deliveries they have requested this year, with dry and warm conditions expected to persist through the winter, state officials ...The Hill - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
Eye Opener: Millions of Americans impacted by massive winter storm
Winter storm blankets eastern North America in heavy snow, with more to come. Also, President Biden is criticized by both parties for pardoning his son Hunter Biden. All that and all that matters ...CBS News - Dec. 3 -
Restoring Nomura’s credibility will take more than pay cuts
Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequencesFinancial Times - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
Winter storm brings snow to Great Lakes region
Parts of Michigan, New York and Pennsylvania all experienced heavy snow over the Thanksgiving holiday weekend. Another weather system is looming, ready to bring more cold temperatures and wind ...CBS News - Dec. 2 -
Florida becomes a new center of power with Trump's reelection
President-elect Donald Trump's "winter White House" is becoming a new hub of power in the U.S. Dave Levinthal, contributor at Business Insider, joins "America Decides" to discuss why lobbyists are ...CBS News - Dec. 2 -
Microchip Technology to Cut Jobs, Sees Revenue Near Low End of Views
The Chandler, Ariz., total system solutions provider said it plans to cut about 500 employees following slower-than-expected turns orders and manufacturing restructuring plans.The Wall Street Journal - Dec. 2 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2
