Chevron to cut 200 jobs in Texas
— Chevron will lay off 200 employees in Texas, according to figures from the Texas Workforce Commission. The layoffs are part of the US oil…
Tag
Cut
Big, beautiful bomb-throwers: GOP spending hawks threaten to sink Trump's tax cut bill
A group of Senate Republicans, led by fiscal stalwart Ron Johnson of Wisconsin, are prepared to torpedo President Trump's signature tax cut bill unless changes are made to slash much more…
Trump administration moves to cut $100 million in federal contracts for Harvard
The Trump administration is asking federal agencies to cancel contracts with Harvard University worth about $100 million, a senior administration official said Tuesday. Source link
RBNZ set to make sixth rate cut and signal bias to more easing
New Zealand’s central bank is set to cut interest rates for a sixth straight meeting and signal it’s open to further easing as US trade barriers dim the economic outlook. The Reserve Bank…
Volvo Cars to cut 3,000 jobs in restructuring
The reductions will primarily affect office-based positions in Sweden and represent around 15% of the total office-based workforce globally Sweden-based Volvo Cars said on Monday…
Blinded by the light: House lawmaker wants Congress to cut LED glare from car headlights
Thousands of people gather on social media platforms to complain about the rise in ultra-bright headlights that can make oncoming drivers temporarily blind and may be damaging vision.…
Westpac to cut 1,500 jobs, simplify operations: report
The company says it regularly adjusts its workforce based on shifting investment priorities Westpac Banking Corp (Westpac) is planning to cut more than 1,500 jobs to meet cost…
China banks cut deposit rates to aid margins, drive spending
MAJOR Chinese banks cut deposit rates again, in the latest efforts to preserve their shrinking profitability and drive consumers to spend more amid a flagging economy. Lenders including…
US: Wall St opens lower after Moody's rating cut; yields rise
Wall Street’s main indexes opened lower on Monday (May 19) as Treasury yields rose after Moody’s downgraded the US sovereign rating, sharpening focus on its mounting debt. The Dow…
In California, Gavin Newsom championed this innovative healthcare—now, under pressure from Trump, he wants to cut it
One of the great ironies of Gov. Gavin Newsom’s on-again, off-again push to make health care available to all Californians is that, to hear him tell it, it worked too well. That success—an…
Newsom proposes $20-million funding cut for California newsrooms, citing budget issues
Gov. Gavin Newsom proposed slashing funding by 67% for a pioneering deal with Google to support struggling California newsrooms, citing financial pressures that have promoted wider budget…
Indonesia eyes cut in fuel imports from Singapore as part of tariffs negotiations
Indonesia could shift as much as 60% of its total fuel imports from Singapore to the United States in the early stages Indonesia plans to change the source of some of its fuel…
Film Noir Fest in Palm Springs Will Bring in Guillermo Del Toro to Show New B&W Cut of ‘Nightmare Alley,’ Along With ’40s Noirs Not Screened in Decades
As always, the Arthur Lyons Film Noir Festival in Palm Springs — taking place this Thursday through Sunday — will focus on movies from the primary noir era of the ’40s and ’50s, including…
Volvo Cars to cut 5% of jobs at South Carolina plant as tariffs bite
The changes would affect about 125 of the 2,500 employees at its factory in South Carolina Volvo Cars said on Wednesday (May 7) it would make production changes and cut 5% of the…
‘The Pitt’ Star Shawn Hatosy Dissects Powerful Rooftop Moment, Reveals the Cut Scene That Confirmed Dr. Abbot’s Feelings for Mohan
Five minutes into a conversation with Shawn Hatosy, he can’t help but talk about how grateful he is: “This is a full circle moment. I started with John Wells as a guest star on ‘ER.’” It’s…
Accounting giant PwC announces layoffs: 1,500 jobs will be cut in the U.S.
Big Four accounting firm PwC is laying off about 1,500 employees in the United States, a company spokesperson told Reuters on Monday. The workforce reduction equates to approximately 2% of…
The Fed Isn’t Likely to Cut Rates Proactively Despite Economic Concerns. Here’s Why.
Less than a year ago, the Federal Reserve took decisive action to bolster the U.S. economy. With inflation easing and the labor market starting to soften, the central bank opted to go big,…
Trump rules out firing Powell while pushing him to cut rates
US President Donald Trump insisted he does not plan to fire Federal Reserve chair Jerome Powell despite his sustained criticism over the pace of interest rate cuts. “Why would I do that?”…
Indonesia seen to cut rate twice this year amid US tariff talks
Indonesia’s central bank is expected to resume monetary easing after holding its rate unchanged for three consecutive meetings, moving to bolster economic growth against the backdrop of…
17 Famous Actors Who Were Literally Cut Out Of These HUGE Movies
17 Actors Who Got Cut From Huge Movies 1. Back in 2018, Manny Jacinto was one of the many actors announced to join the cast of Top Gun: Maverick. He'd be playing a pilot named Fritz, but…
NPR and PBS Vow to Fight Trump’s Order to Cut Funding
President Trump’s executive order to defund NPR and PBS was met with fiery pushback on Friday, as the organizations challenged the legality of the move and said it could jeopardize access…
Electronic Arts lays off hundreds of workers in latest round of cuts
Electronic Arts, the global video game company, is slashing its workforce again. The company, based in Redwood City, Calif., has eliminated several hundred positions, including about 100…
Steve Doocy to Cut Back Long-Running Role on ‘Fox & Friends’
Steve Doocy is leaving the Curvy Couch on “Fox & Friends” in favor of a new bend in his career. Doocy will cut back on the time he spends on the long-running Fox News Channel morning show,…
How Every Day Action Found a Way to Feed the Hungry, Cut Waste on Film Sets — and Hire Out-of-Work Crew Members
On a recent Tuesday, Samantha Luu and Arun Goswami are sorting day-old cupcakes and loaves of artisan bread in a warehouse on Alvarado Street as they wait for texts to come in from TV…