Business
Salesforce CEO Marc Benioff says he cut 4,000 support roles because of AI
Artificial intelligence already is replacing certain jobs at technology companies. Last week, Salesforce Chief Executive Marc Benioff said…
Tag
Cut
Business
‘Nikko’ cut from new name of US$260 billion Japanese asset manager
Nikko Asset Management is changing its name to Amova Asset Management, removing “Nikko” for the first time since it was founded in 1959 in…
Celebrity
Jeremy Strong’s Meme-Bait Monologue Cut From Springsteen Biopic ‘Deliver Me from Nowhere’: No More ‘Hole in the Floor’
Becoming a meme doesn’t guarantee you make it into the final cut. Jeremy Strong fans will learn this the hard way come October 24, when…
Culture
Venice’s Final Cut Boosts Emerging African, Arab Talents and Offers ‘Window’ Into Underrepresented Regions
When she approached Venice Film Festival artistic director Alberto Barbera 13 years ago with a proposal for a market event devoted to…
Business
Bank of Korea holds for now, lays ground for rate cut after Fed
The Bank of Korea (BOK) paved the way for a possible interest rate cut after an expected move by the Federal Reserve next month, while…
Culture
PBS SoCal’s Fine Cut Festival of Films Reveals This Year’s Judges, Entrant Stats and Awards Ceremony Details (EXCLUSIVE)
PBS SoCal has revealed the judges behind the 26th edition of its “Fine Cut Festival of Films,” which annually recognizes the work of…
Business
Barclays, BNP pivot to September Fed rate cut on Powell’s labour warning
Barclays and BNP Paribas expect the US Federal Reserve to make a 25-basis-point interest rate cut in September, according to notes dated…
Business
Asia: Markets rise on US rate cut hopes
Asian markets kicked off the week with a rally on Monday (Aug 25) morning, tracking gains made by Wall Street on Friday after the US…
Business
US Fed’s Alberto Musalem says more data is needed to decide whether a September rate cut is warranted
St Louis Fed president Alberto Musalem said on Friday (Aug 22) that he will need more data before deciding to support a rate cut at the…
Business
US: Dow hits fresh record after Fed chair signals possible rate cut
Wall Street rallied on Friday (Aug 22) after US Federal Reserve chair Jerome Powell opened the door to lowering interest rates – with the…
Business
Europe: Shares close at five-month highs after Powell hints at September rate cut
European shares closed at their highest level in more than five months on Friday (Aug 22) after US Federal Reserve chair Jerome Powell…
Business
Fed officials lukewarm on September rate cut as markets await Powell speech
Three Federal Reserve officials appeared lukewarm on Thursday to the idea of an interest rate cut next month, as investors geared up for…
Business
US banks cut back muni exposure to lowest since financial crisis
US banks are holding the smallest share of debt sold by states and localities since the financial crisis despite attractive valuations and…
Business
Jerome Powell eyes long-awaited rate cut in September
The Federal Reserve is increasingly likely to cut interest rates at its meeting in September, as worries about potential inflation compete…
Business
Gold poised for weekly fall as bets fade for big Fed rate cut
Gold was subdued on Friday (Aug 15) and was heading for a weekly fall, as hotter-than-expected US inflation data dented expectations for a…
News
Oil prices climb 2% to one-week high as Fed rate cut, Trump-Putin talks loom
Oil prices climbed about 2 per cent to a one-week high on Thursday after US President Donald Trump warned of “severe consequences” if his…
Business
Dentsu plans to cut about 3,400 overseas jobs to trim cost
The reduction, focused on headquarters and back-office functions in markets outside of Japan Japanese advertising company Dentsu Group…
Business
Europe: Shares near two-week highs on Fed rate cut expectations
EUROPEAN shares hit a near two-week high on Wednesday, underpinned by gains in heavyweight healthcare and technology stocks, as…
Business
US: S&P 500, Nasdaq hit record highs at open on September rate cut hopes
Wall Street’s main indexes opened higher on Wednesday (Aug 13) with the benchmark S&P 500 and the Nasdaq hitting record highs, underpinned…
Business
Asia: Stocks to gain as US CPI fuels Fed cut bets
STOCKS in Asia were set to track Wall Street higher after an in-line US inflation reading bolstered speculation the Federal Reserve will…
News
How Helsinki cut its traffic deaths to zero
Helsinki just went a whole year—between July 2024 and July 2025—without a single traffic death. Compare that to Washington, D.C., a city…
Business
US: Nasdaq posts record closing high with tech gains, rate cut optimism
US stocks ended higher and the Nasdaq notched a record closing high for the second straight day on Friday (Aug 8) as technology-related…
Business
Bank of England expected to cut interest rates
UK interest rates are widely expected to be cut on Thursday, taking the cost of borrowing to its lowest level for more than two years.…
Business
Gold inches higher as US dollar weakens on Fed rate cut hopes
Gold prices edged higher on Thursday (Aug 7), helped by a weaker US dollar on growing expectations of a Federal Reserve rate cut next…