Cutting
- Business
Wegovy-maker Novo Nordisk cutting 9000 jobs in restructuring
Novo Nordisk, the maker of Wegovy, announced a significant restructuring plan that will result in 9,000 job cuts, representing about…
Read More » - Money
Amazon Cutting Off Free Shipping for Millions
Amazon is making changes to its Prime sharing program, causing confusion and frustration among users. The company is phasing out…
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Layoffs reach highest level since 2020, new data shows. Here’s why companies are cutting jobs.
The job market in the United States has been hit hard this year, with layoffs reaching their highest level since…
Read More » - US News
California cuts back illegal immigrants access to healthcare, cutting into $12B deficit
California Governor Gavin Newsom signed a budget on Friday that includes significant cuts to progressive priorities in order to address…
Read More » - Cryptocurrency
Goldman Sachs Says US Experiencing Disinflation if Not for Tariffs, Predicts Federal Reserve Cutting Rates Later This Year – Here’s When
Goldman Sachs vice chairman Robert Kaplan recently shared his insights on the current state of the US economy in a…
Read More » - Money
Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates
President Donald Trump and Vice President JD Vance are teaming up to put pressure on the Federal Reserve to lower…
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Tariffs prompt record plunge in US imports, cutting trade deficit
The impact of tariffs imposed by US President Donald Trump on imports into the US has been significant, with goods…
Read More » - Top Stories
2 men convicted of cutting down beloved Sycamore Gap tree in northern England in 2023
LONDON — During the onset of a powerful autumn storm in the U.K. in late September 2023, a devious plot…
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UPS cutting 20,000 jobs amid reduction in Amazon shipments
UPS announced on Tuesday its plans to cut 20,000 jobs this year as part of a cost-cutting effort linked to…
Read More » - Health
CDC faces backlash for cutting sickle cell, adult disability programs
The recent layoffs at the Centers for Disease Control and Prevention have caused a significant setback in the agency’s work…
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