Latest in Suppliers Cut Costs
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Thyssenkrupp Steel to Cut 11,000 Jobs
The workforce will be reduced by 40% through job cuts, outsourcing and business sales. There are 27,000 jobs in production and administration.Business - The Wall Street Journal - 2 days ago -
Biden Cuts Intel’s Chip Award by More Than $600 Million
The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and changing some of its investment commitments.Business - The New York Times - Yesterday -
Here’s Why Blood Manor, a Haunted House in NYC, Costs $45
It’s not as if Blood Manor can just transform into an office after Halloween.Business - The New York Times - October 31 -
U.K. borrowing costs rise in volatile trade after budget delivered
U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal ...Business - MarketWatch - October 30 -
UK borrowing costs rise as Reeves’ spending plans unnerve investors
Ten-year gilt yield hits five-month high after chancellor’s first BudgetBusiness - Financial Times - October 30 -
Fuel duty frozen but vehicle excise duty surges
Motoring organisations said chancellor’s reversal of planned fuel duty rises was ‘a big relief’World - Financial Times - October 30 -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - October 31 -
Inside the Grisly Fifth-Inning Collapse That Cost the Yankees Everything
New York’s blunders will rank among the most costly in the 120 editions of M.L.B.’s World Series, a columnist for The Athletic writes.Sports - The New York Times - October 31 -
Democrats’ commitment to the democracy message could cost them the election
Voters aren’t buying it; they see democracy — a term so vague its projected disappearance is hard to imagine — as immaterial, and Trump’s threats to it implausible.Politics - The Hill - October 31 -
Newsom signs executive order to curb electricity costs for Californians
California Gov. Gavin Newsom (D) on Wednesday signed an executive order that aims to provide residents with some respite amid rising electricity prices. That anticipated relief would be achieved ...Politics - The Hill - October 31 -
Businesses Ready Price Hikes on Imports to Offset Trump Tariff Costs
Many manufacturers and retailer relying on imports are already planning to pass on the added expenses from proposed protectionist duties to customers.Business - Inc. - October 31 -
How much does a $250,000 HELOC cost now that rates are dropping?
Thinking about borrowing $250,000 from your home's equity? Here's what your HELOC payments could look like now.Top stories - CBS News - October 31 -
The Papers: 'Markets turn on Reeves' and 'soaring cost of sickness claims'
Investors' reactions to the Budget and forecasts for the cost of sickness benefits lead the papers.Top stories - BBC News - November 1 -
Garrett Wilson makes incredible OBJ-esque catch to give Jets lead
Wilson is putting on a clinic, scoring on two one-handed touchdown catches to put the Jets ahead.Sports - ESPN - October 31 -
Trump wants a mass deportation program. How much could it cost?
One report estimates it would cost tens, or hundreds, of billions a year.Top stories - ABC News - November 1 -
Surge in UK borrowing costs is not a repeat of the 'mini-budget' crisis, economists say
"It isn't anything like we saw with the Trussonomics mini-budget when that spike really was high after those unfunded tax cuts came in," one analyst said.Business - CNBC - November 1 -
Expect Higher Costs for Your Health Care Benefits Next Year
Employers are predicting an increase of as much as 9 percent, on average, but are generally avoiding passing along much of that to their employees, industry groups say.Business - The New York Times - November 1 -
7 credit card fees that increase the cost of your debt
Interest charges aren't the only things that can cause your credit card debt to balloon. These fees can, too.Top stories - CBS News - November 1 -
England’s dangerous cladding could cost £22bn to rectify, watchdog finds
Ministers must ‘manage risks’ to limit taxpayers’ exposure to £5.1bn already budgeted, says reportBusiness - Financial Times - November 4 -
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Why it costs India so little to reach the Moon and Mars
India has approved 227bn rupees ($2.7bn) for new space projects - but the funding is far from lavish.Top stories - BBC News - November 4 -
Cost of Mpox Shot Deters Americans at Risk, Critics Say
The epidemic in Africa continues to grow, prompting fears of another outbreak in the U.S. But the vaccine is no longer free, and vulnerable people are going without.Health - The New York Times - November 4 -
How Distributors’ Fees Cost Consumers and Small Food Companies Dearly
A tussle between big food manufacturers, grocery chains, and distributors for narrow profit margins squeezes the small producers caught in the middle.Business - Inc. - November 5 -
JD Wetherspoon warns of near-£60mn jump in taxes and costs following UK Budget
Pub chain says rise from higher taxes and NI contributions will fuel inflationWorld - Financial Times - November 6 -
Juan Soto, $600M man? 10 teams that might pursue him
The Soto sweepstakes have begun and the New York teams are the frontrunners, but plenty of others are interested. Let the bidding war commence!Sports - Yahoo Sports - November 5 -
After Hurricanes, Duke Energy Estimates $2.9 Billion in Restoration Costs
After hurricanes Debby, Milton and Helene, a leading energy producer in the South puts a price tag on replacing lost equipment and turning the lights back on in affected areas.Business - Inc. - November 7