Business
Applied Materials to cut 4% of global staff after sales slow
Applied Materials, the largest US producer of chipmaking equipment, plans to cut 4 per cent of its global workforce as it copes with a…
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News
Trump heads to Asia to build alliances, cut trade deals, go eye-to-eye with China's Xi
President Trump leaves Washington Friday for a whirlwind tour of Asia with an ambitious to-do list of high-stakes meetings, including with…
Business
Tech and media layoffs October 2025: Rivian, Meta, Paycom, NBC News, and more cut jobs this fall
Electric-truck maker Rivian is laying off another 600 people, or about 4% of its workforce as the global demand for electric vehicles…
Business
Rivian to cut 600 jobs as loss of EV tax credit hits demand: source
[IRVINE, California] Rivian Automotive will lay off employees as the electric-vehicle maker contends with weakening demand following the…
Business
Meta AI layoffs today: 600 jobs are already being cut from Alexandr Wang’s superintelligence lab
Meta, which owns and operates Facebook and Instagram—as well as Threads, Messenger, and WhatsApp—announced on Wednesday it is laying off…
Celebrity
Adriana Barraza Joins Jonah Hill’s New Comedy ‘Cut Off’ at Warner Bros. (EXCLUSIVE)
Academy Award nominee Adriana Barraza has joined the cast of Jonah Hill’s upcoming Warner Bros. comedy “Cut Off,” Variety has learned…
Culture
‘Culebra Cut,’ ‘False Positive’ and ‘Houses Are Silent’ Make the Proyecta Cut at Ventana Sur 2025
Ana Elena Tejera’s “Culebra Cut,” Theo Montoya’s “False Positive” and Roxana Stroe’s “Houses Are Silent” feature among the lineup at the…
Business
Internet services cut for hours by Amazon cloud outage
Crypto exchange Coinbase, as well as games Fortnite and Roblox, were among those affected MANY popular Internet services, from streaming…
News
Ed Miliband hints at cut to VAT on energy bills
Becky MortonPolitical reporter The government is looking at the possibility of cutting the rate of VAT on energy bills, Ed Miliband has…
News
‘Devil in Disguise’ Star Michael Chernus on Having the ‘Unfortunate Duty of Playing John Wayne Gacy’ and Why It Was the ‘Right Decision’ to Cut His Extensive Finale Scenes
SPOILER ALERT: This post contains spoilers from “Devil in Disguise: John Wayne Gacy,” now streaming on Peacock. When Michael Chernus…
Business
Nestle, the world’s largest packaged food company, will cut 16,000 jobs
Nestle will cut 16,000 jobs, new CEO Philipp Navratil said on Thursday, as the world’s largest packaged food company seeks to cut costs…
Business
Asia: Stocks rise as traders weigh China-US row, rate cut hopes
ASIAN equities edged up on Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal…
News
JD Vance Freaks Out After Defense of Tom Homan Bribe Is Cut Off on Air
The Trump administration is flailing to protect its border czar, Tom Homan. Undercover federal agents handed Homan $50,000 via a paper…
News
Trump says inflation is 'defeated' and the Fed has cut rates, yet prices remain too high for many
Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice…
Business
Tata Consultancy Services slashes 19,755 jobs in biggest workforce cut amid AI, US strains
Tata Consultancy Services (TCS) made its steepest-ever job cuts as strained ties with the US and a rapid shift towards artificial…
News
Russian strikes cut power in Ukraine's capital, Kyiv
Overnight Russian missile and drone strikes have caused power cuts in large parts of Ukraine's capital, Kyiv. Nine people were injured…
Business
Thousands more university jobs cut as financial crisis deepens
Hayley ClarkeEducation reporter and Emily Doughty Universities have collectively announced more than 12,000 job cuts in the last year, new…
Business
The Fed released the minutes from its September rate cut meeting. Here’s what they reveal
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year,…
Business
Fed minutes show caution over inflation even as officials cut rates
Federal funds futures contracts suggest investors see rate cuts likely in October and December US Federal Reserve officials showed a…
Business
LISTEN: Horror Master Jason Blum on Frights, Fights and Fandoms That Fuel Blumhouse; Variety’s Horror Impact List: Who Made the Cut?
On today’s episode of “Daily Variety,” our Cover Story segment features Variety’s Matt Donnelly discussing his sit-down interview with…
Business
RBNZ surprises with larger rate cut, sparking currency drop
Growth has been tepid since a deep recession in 2024 despite the the central bank’s aggressive easing cycle New Zealand’s central bank cut…
Business
Badenoch to set out new rule to cut borrowing and taxes
The Conservatives will commit to a new economic "golden rule" designed to cut government borrowing and taxes, party leader Kemi Badenoch…
News
The Trump administration may cut funding for two major direct-air capture plants
The list features a "latest status" column, which includes the word "terminate" next to the roughly $50 million award amounts for each…
Business
Europe: Stocks close at record high on tech rally, hopes for Fed rate cut
Investors are also watching any developments related to the US government shutdown European shares closed at a record high for a second…