News
House Republicans search for waste to cut in food stamp program
House Republicans' search for waste and fraud to cut from federal spending put them on a crash course with food stamps, a massive program…
Tag
Cut
Culture
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…
News
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…
News
Europe: German stocks cut losses as Merz elected as chancellor after initial setback
GERMAN shares trimmed early losses on Tuesday after conservative leader Friedrich Merz was elected chancellor during a second vote in…
Business
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…
Culture
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…
Business
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…
News
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…
Fashion
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…
Celebrity
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…
Culture
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…
Business
UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come…
News
How Trump May Unintentionally Cut Carbon Emissions
President Trump has expressed little interest in fighting climate change. One of his key cabinet officials has even sought to evaluate…
Business
UPS layoffs: 20,000 jobs cut, 73 locations to close as company cites less Amazon business amid tariff uncertainty
United Parcel Service (UPS) said on Tuesday it will slash 20,000 jobs and close more than 70 facilities to lower costs as it braces for…
Business
UPS profit beats estimates, to cut 20,000 jobs on economic worries
The parcel giant is not providing any updates to its full-year outlook due to the economic uncertainty United Parcel Service reported a…
Business
Volvo Cars to cut costs by 18 billion Swedish crowns as earnings drop
Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns (S$2.4 billion) on Tuesday (Apr 29) as its operating profit fell…
Celebrity
Terrence Howard Turned Down Marvin Gaye Biopic Because He Didn’t Want to Kiss a Man: ‘I Would Cut My Lips Off’
Terrence Howard almost starred in a biopic of legendary soul singer Marvin Gaye, but there was one major hold-up for the actor. During a…
News
Bay Area tech workers thought their jobs were safe. Then the 'golden handcuffs' came off
Evan Richardson grew up in Silicon Valley, surrounded by big tech companies that transformed how people live, socialize and work. As a…
Business
Housing market inventory with a price cut just hit a decade high
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Just because a home…
Business
Coty to Cut 700 Jobs Amid Strategic Overhaul
Coty Inc., the beauty company behind the likes of Covergirl, Kylie Cosmetics and Lancaster, among many others, is cutting up to 700 jobs…
News
Renault to cut costs as US tariffs lash car market
French carmaker Renault said on Thursday (Apr 24) it will seek to further cut costs as US tariffs shake up the global car market. Renault…
Business
Intel to announce plans this week to cut over 20% of staff
[TAIPEI/SAN FRANCISCO] Intel is poised to announce plans this week to cut more than 20 per cent of its staff, aiming to eliminate…
News
State Department will shrink under plan to cut bloat, boost efficiency
The State Department will reverse "decades of bloat and bureaucracy" by closing offices and consolidating functions under a reorganization…