Business
Analysis: German industry cut 124,000 jobs in 2025
Germany's industrial sector cut around 124,000 jobs in 2025 as the economy struggles, according to an analysis by consulting firm EY seen…
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Politics
Pentagon threatens to cut off Anthropic in AI safeguards dispute: Report
The Pentagon is considering ending its relationship with artificial intelligence company Anthropic over its insistence on keeping some…
News
Chicago Bulls expected to cut ties with trade pickup
The Chicago Bulls struck another trade on Tuesday. Once again, they were involved in a multi-team deal, which included the Detroit Pistons…
Politics
Trump Was in Contact With Epstein Long After Saying He’d Cut Him Off
And that’s just the cost to purchase the buildings—ICE also has to pay to turn them into jails with bathrooms, beds, dining, and…
News
Pinterest to cut up to 15% of its workforce as focus on AI intensifies
Pinterest said Tuesday it’s planning to slash up to 15% of its workforce. The San Francisco-based image-sharing platform used for…
Business
Pinterest to cut ‘less than 15%’ of staff amid AI push
The company expects to complete the restructuring plan near the end of its third quarter, ending Sep 30, 2026 Pinterest said that it plans…
Business
UPS to cut another 30,000 jobs as it doubles down on turnaround
United Parcel Service on Tuesday (Jan 27) said it would cut up to 30,000 operational roles in 2026, adding to last year’s job reductions…
Business
Autodesk to cut 1,000 workers as the tech company bets on AI
Software company Autodesk is slashing roughly 1,000 roles, representing a 7% cut of its global workforce. The San Francisco company, which…
News
ICE Has Cut Its Detainees Off From Medical Care
Immigrations and Customs Enforcement has stopped paying for immigrant detainees to receive health care—and isn’t planning on paying for…
News
One missing as deaths from Spain rail crash hit 42, speed limits cut
The confirmed death toll from the high-speed train crash in southern Spain rose to 42 on Tuesday, according to the regional government of…
Politics
Japan's looming election heightens chance of sales tax cut
By Leika Kihara TOKYO, Jan 19 (Reuters) - Japan's expected snap general election is increasingly likely to lead to a cut in the…
Politics
California, L.A. brace for Trump's new threats to cut funds over immigration stance
WASHINGTON — State and local officials are once again on the defensive after President Trump renewed threats Wednesday to strike federal…
Business
China battery shares drop on plan to cut export tax rebates
From April, discounts on 22 battery-related goods will be cut from 9% to 6%, with a complete removal planned from 2027 Chinese battery…
News
Blue Jays predicted to cut ties with 26-year-old outfielder in trade
The Toronto Blue Jays have made a handful of impactful moves, most recently the signing of international infielder Kazuma Okamoto.…
News
Colorado faces $24M federal funding cut over illegal commercial driver's licenses
The head of the U.S. Department of Transportation threatened Monday to withhold $24 million in federal funding from the state of Colorado…
Business
Telefonica to cut 5,500 jobs with total cost of 2.5 billion euros
The Spanish carrier has signed an agreement with unions to implement the exit plans Telefonica will book a cost of 2.5 billion euros…
Politics
Trump administration, Congress move to cut off transgender care for children
The Trump administration and House Republicans advanced measures this week to end gender-affirming care for transgender children and some…
Politics
German Cabinet advances bill to cut greenhouse emissions from fuels
Germany's Cabinet has approved draft legislation aimed at further reducing greenhouse gas emissions from transport fuels, Environment…
Business
UBS may cut further 10,000 jobs by 2027: report
The bank has been cutting jobs as a result of the integration of former rival Credit Suisse UBS may cut an additional 10,000 jobs by 2027,…
Business
US: Wall St closes with slight gains as data keeps Fed cut expectations on track
US stocks closed out the trading week with slight gains on Friday (Dec 5) as the latest flurry of economic data kept elevated expectations…
Business
Major Chinese banks cut high-yield deposit products to ease margin pressure
Some major Chinese commercial banks have removed five-year, large-scale certificates of deposit that carry a high yield from their…
Politics
Nearly Half the Country Sues Trump Over Massive Cut to Housing
“In the end I have a commitment to our constituents to fulfill my term,” Bacon told Axios, noting that he “shared anger” with House…
Business
ABN Amro to cut 5,200 jobs by 2028
ABN Amro Bank outlined a plan to cut 5,200 full-time roles by 2028 as new chief executive officer Marguerite Berard unveiled her vision…
News
Telefonica to cut 5,000 jobs to slash costs, union says
The cuts, affecting about a fifth of the carrier’s Spanish workforce, will apply to three Telefónica units Spain’s largest…