Politics
Corporation for Public Broadcasting Shuts Down Thanks to Trump’s Cuts
“This case’s underlying question, then, asks whether parolees who escaped oppression will have the chance to plead their case within a…
Tag
Cuts
Business
HSBC cuts equities team in Germany as CEO Georges Elhedery continues revamp
Europe’s largest financial institution has already culled dozens of analysts in its investment bank in the last couple of months Holdings…
Politics
Porsche plans more cost cuts to counter tariffs, China slump
It will start negotiations on additional reductions in the second half of this year [Stuttgart] Porsche warned its employees to brace for…
Politics
State Department Cuts Key Office Amidst Raging Epstein Files Outcry
One of Donald Trump’s former employees is drawing a line connecting Jeffrey Epstein and the real estate mogul. The former president and…
Politics
Rep. Garcia of Long Beach asks RFK Jr. to explain targeting of HIV/AIDS funding for cuts
Rep. Robert Garcia (D-Long Beach) is calling on Health and Human Services Secretary Robert F. Kennedy Jr. to explain why the Trump…
Business
Amazon’s AWS cloud computing unit cuts jobs
Amazon cut jobs in its Amazon Web Services cloud computing unit on Thursday (Jul 17), a spokesperson confirmed following a Reuters…
News
New York City Subways Flooded (Again). Blame Trump’s Funding Cuts.
Summers in New York bring the smell of barbecue, speakers blaring at block parties, and sweaty treks to cool off at a pool or the beach.…
News
Trump’s Big Cuts Are Going to Overwhelm Food Banks With Hungry People
“Food shelves would have to have the capacity to welcome twice the volume of meals through their doors, and their shelves, and their…
Business
Top S-Reits with lowest gearing ratios average 33.5% as investors await rate cuts
[singapore] Last month, the US Federal Reserve opted to maintain its benchmark interest rate, adopting a cautious stance despite…
Politics
DOGE issues Fourth of July cuts update
In an update issued on the July 4 public holiday, the Department of Government Efficiency (DOGE) said it had saved taxpayers $804 million…
Business
Microsoft lays off thousands in latest cuts to state's tech industry
There was more bad news for the tech sector Wednesday as Microsoft announced reductions to staff, preparing for thousands of layoffs…
Business
Microsoft begins deep job cuts across Xbox division
Microsoft’s gaming division began informing employees of job cuts on Wednesday (Jul 2) morning, part of a broader culling at the software…
Politics
Orange County congresswoman targeted by protests over Trump megabill, cuts to healthcare
Protesters railed on Tuesday against an Orange County congresswoman who could be a critical vote on President Trump’s proposal to cut more…
Business
Australia cuts commodity export outlook despite gold price gain
Earnings from thermal coal will also decline, while its steelmaking counterpart will hold steady Australia cut its forecast earnings from…
Politics
Senate hearing with Trump budget chief highlights potential changes to $9.4 billion cuts package
Senate Republicans on Wednesday forced the White House budget chief to defend parts of a $9.4 billion package of Trump-requested spending…
Politics
Single Moms Will Bear the Brunt of the Republicans’ Budget Cuts
“It has been difficult to try to navigate, because I do work and I have a child, and I’m not exactly clear on when I’m supposed to do…
Business
BT boss Kirkby expects AI to deepen job cuts, FT reports
Group chief executive Allison Kirkby said advances in artificial intelligence (AI) could deepen significant job cuts under way at the…
Politics
Senate Republicans Want to Trim Some of Trump’s Tax Cuts in Domestic Policy Bill
Even before the House passed the sweeping bill carrying President Trump’s domestic policy agenda, Senate Republicans made it clear that…
Business
Barclays cuts more than 200 investment bank jobs to reduce costs
Barclays is preparing to cut more than 200 jobs in its investment bank in the coming days as part of chief executive officer CS…
Business
Russia cuts interest rates from two-decade high as economy slows
Friday's decision was the first time Russia's central bank has moved to cut rates since September 2022 (Alexander NEMENOV) Russia's…
Business
Procter & Gamble’s job cuts raise questions over possible impact on Singapore operations, new facility plans
Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing…
Business
Procter & Gamble’s job cuts raise questions over possible impact on 2,300 staff and operations in Singapore
Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing…
Business
Maybank cuts view on Malaysian banking sector to ‘neutral’ as tariffs, slower GDP weigh on earnings
Maybank Investment Bank has downgraded its rating for the Malaysian banking sector to “neutral”, from “positive” previously, due to slower…
Politics
Senate Republicans want 'more robust' spending cuts in Trump agenda bill
Senate Republicans are plotting ways to cut more spending than their House counterparts did in President Trump's "big, beautiful bill" as…