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Rivian Reassures Investors With Cost Cuts, Green Credit Sales
Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.Business - Inc. - 6 days ago -
Steve Madden says it will cut production in China to avoid Trump tariffs
The footwear- and accessory-maker says it already has a plan in place to reduce its reliance on imports from China.Top stories - CBS News - 6 days ago -
'The 12:40 bus left at 12:33': Passengers struggle as fare cap rises
The frequency of rural bus services in England has reached a historic low but fares are now rising.Top stories - BBC News - 6 days ago -
Why the stock market can count on another Fed rate cut in December
The trend in short-term rates leading up to the U.S. presidential election usually persists.Business - MarketWatch - 5 days ago -
Trevor Sorbie, Creator of the Dorothy Hamill ‘Wedge’ Cut, Dies at 75
He also styled hair for Helen Mirren, the Beach Boys and others, and he was honored by Queen Elizabeth II for services to British hairdressing.World - The New York Times - 5 days ago -
Restaurant workers' jobs threatened by Budget, bosses warn
Hospitality bosses are calling for changes to what they describe as "unsustainable" tax rises.Top stories - BBC News - 4 days ago -
Boeing to Repay Furloughed Staff and Cut 10 Percent of Jobs
Boeing furloughed thousands employees in the wake of the strike by 33,000 union machinists.Business - Inc. - 4 days ago -
Deutsche’s private bank fires over 100 bankers in cost-cutting drive
Frankfurt-headquartered lender has imposed demanding targets on underperforming unitBusiness - Financial Times - 4 days ago -
‘I’m switched off’: frustration and fatigue as power cuts keep Ecuador in the dark
Facing a severe drought and reliant on hydropower, the country is enduring relentless blackouts. But experts say opportunities have been missed to adapt and diversify. It’s 6.30pm in Quito, and ...World - The Guardian - 3 days ago -
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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 - 3 days ago -
Chris Wallace exits CNN as post-election cost-cutting begins
Wallace moved from Fox News to CNN in late 2021 to be a host on its short-lived streaming service. He hosts "Who's Talking to Chris Wallace?"Entertainment - Los Angeles Times - 3 days ago