The film chronicles Filipino journalist Maria Ressa’s fight to hold those in power accountable. Media BEST DEAL UPDATE:
Tag: Cuts
World Duty Free owner Dufry cuts jobs as travel retail takes huge pandemic hit
Swiss travel retail giant Dufry AG on Wednesday launched a restructuring programme designed to cut its staff costs as it works to protect its business following the effects of the coronavirus outbreak globally. News – FashionNetwork.com USA BEST DEAL UPDATE:
Cities warn of infrastructure spending cuts and more layoffs as coronavirus leaves holes in budgets
More than 700 U.S. cities plan to delay or cancel infrastructure projects after their responses to the coronavirus outbreak left budgets with unplugged holes. Small Business BEST DEAL UPDATE: A way to Pay off Credit Cards
Kentucky Officials Criticized For Cuts To Primary Polling Locations | MSNBC
MSNBC SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please help American Consultants Rx achieve it’s biggest goal yet of donating over … Read more…
Swiss watchmakers fear job cuts as coronavirus crisis hits sales
Swiss watchmakers expect fallout from the coronavirus pandemic will have a lasting impact on demand for watches, which could mean job cuts later in the year, industry representatives told Reuters. News – FashionNetwork.com USA BEST DEAL UPDATE: Shop Men’s & … Read more…
Oil prices inch up on faith in supply cuts, demand recovery
Oil prices pushed higher in early trade on Friday, building on gains in the previous session, after OPEC producers and allies promised to meet their supply cut commitments and two major oil traders said demand was recovering well. Energy BEST … Read more…
AMRN Makes Peace With Apotex, IDYA Cuts Deal With GSK, SLRX On Watch, NBIX, TAK Ink $2Bln Pact
Today’s Daily Dose brings you news about Amarin’s settlement agreement with Apotex; Annovis Bio’s progress in its Alzheimer’s drug development program; IDEAYA’s deal with GlaxoSmithKline; promising results of Lilly’s monarchE study in breast cancer; Neurocrine Biosciences and Takeda’s $ 2 … Read more…
MTV cuts ties with Alex Kompothecras, will minimize his role on ‘Siesta Key’
Resurfaced Instagram posts show Kompothecras using the n-word. Page Six FASHION UPDATE:
BREAKING: ‘Major breakthrough’ as UK scientists find cheap steroid cuts COVID-19 deaths
Sky News BEST DEAL UPDATE:
Tesla cuts price of Model S Long Range Plus, says EPA-rated range improved to 402 miles
Among other things, Tesla said it achieved range improvements by reducing the mass of the vehicle by using lighter weight materials in its battery pack and drive units. Tech BEST DEAL UPDATE:
Joe Wicks ‘needs a rest’ as he cuts back online PE classes
Joe Wicks has told fans he is cutting back his PE classes to three days a week because he needs “a bit of a rest”. Entertainment News – Latest Celebrity & Showbiz News | Sky News ENTERTAINMENT SPECIALS:
North Korea Cuts Off All Communication With South Korea
North Korea’s latest moves will further set back South Korean President Moon Jae-in’s push for inter-Korean reconciliation. World News – Breaking News, Top Stories ENTERTAINMENT UPDATE:
"The Challenge" Cuts Ties With Dee Nguyen
MTV separates itself from the "Total Madness" star after her Black Lives Matter remarks spark outrage from her costars. Details here. E! Online Videos (US) SHOPPING TIP! :
Saudi Arabia and Russia push for an extension to output cuts, with OPEC+ meeting this week still possible
OPEC and non-OPEC allies, sometimes referred to as OPEC+, were originally scheduled to review their production cuts on June 9-10. Energy BEST LOAN UPDATE:
UPDATE 2-Oil prices extend gains on OPEC+ cuts, record China imports
* OPEC+ cuts for May and June: https://tmsnrt.rs/2SsCSMN (Adds China’s record May imports, updates prices) Reuters: Company News SPECIAL DISCOUNT DEAL:
OPEC and Russia Agree to Extend Oil Production Cuts
The original deal would have allowed increases starting next month. The new pact reflects producers’ concerns that the oil market could fall apart again. NYT > Business BEST DEAL UPDATE:
OPEC, Allies Finalize Deal to Extend Oil-Output Cuts
OPEC and its allies finalized an extension of their record oil-production curbs through July, delegates said, after Iraq and Nigeria agreed to slightly deeper cuts to compensate for failing to adhere to recent agreements. WSJ.com: World News SPECIAL NEWS UPDATE: … Read more…
OPEC and Russia Are Likely to Extend Oil Production Cuts
Prices have recovered sharply from their lows, but with a meeting set for Saturday, Saudi Arabia wants to make sure output remains subdued. NYT > Business BEST DEAL UPDATE:
DC Cuts Ties With Diamond Comic Distributors, Oprah to Lead Anti-Racism Town Hall | THR News
The Hollywood Reporter BEST DEAL UPDATE:
Nations try to get back on their feet but job cuts continue
Bombardier Aviation is reducing its workforce by about 2,500 employees due to challenges caused by COVID-19 ABC News: Travel BEST DEAL UPDATE:
Global economy begins to restart even as job cuts continue
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the workplace and the spread of the virus. JOB CONCERNS: Mall operator CBL … Read more…
Oil prices fall on concerns supply to rise as producers wrangle on cuts
Oil prices fell on Thursday, reversing gains in the previous session, on concerns that supply will rise if major producers are unable to agree to extend the depth of output cuts that have supported recent gains. Energy BEST LOAN UPDATE:
My Wife Cuts My Hair! (She Convinced Me)
Latest Uploads | BluMaan BEST DEAL UPDATE:
‘Why Do We Always Get Hit First?’ Proposed Budget Cuts Target Vulnerable Californians
Shirley Madden, 83, relies on a caregiver and her two grown daughters to remain living at home — and not in a nursing home. Her daughters, 55-year-old Carrie and 60-year-old Kristy Madden, both use wheelchairs and need a second caregiver … Read more…
Oil prices hold ground ahead of OPEC+ meeting on extended output cuts
Oil prices rose in early trade on Tuesday, with traders waiting to see whether major crude producers agree to extend their huge output cuts to shore up prices at a meeting expected later this week. Energy BEST LOAN UPDATE:
Apple cuts iPhone prices in China to keep momentum going as economy continues to reopen
The iPhone 11, iPhone 11 Pro, iPhone 11 Pro Max and iPhone SE have discounts on Apple’s official store on Alibaba-owned Tmall in China as part of a major online shopping festival. International: Top News And Analysis SPECIAL NEWS UPDATE: … Read more…
Oil prices rise ahead of OPEC+ meeting on extended output cuts
Oil prices rose on Tuesday, with traders waiting to see whether major producers agree to extend their huge output cuts to shore up prices at a virtual meeting expected later this week. Reuters: Business News SPECIAL DISCOUNT UPDATE!
Chic Bobs, Pixie Cuts & Short Hairstyles That We Can’t Get Enough Of!
Fashion Trend Seeker BEST DEAL UPDATE:
Chicago Shuts Down Public Transit, Cuts Off Downtown Amid Protests
Newsy SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please help American Consultants Rx achieve it’s biggest goal yet of donating over … Read more…
Nationals players vow to make up for pay cuts team planned for minor leaguers
The organization also released more than 30 minor leaguers last week. Washington Nationals BEST DEAL UPDATE(UK): SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION … Read more…
Baker Mayfield Cuts Rug In Wedding Dance Circle, Channels OU Days! | TMZ Sports
TMZSports BEST DEAL UPDATE:
AP source: MLB players offer 114-game season, no more $ cuts
Major League Baseball players ignored claims by clubs that they need to take additional pay cuts, instead proposing they receive a far higher percentage of salaries and a commit to a longer schedule as part of a counteroffer to start … Read more…
MLS players agree to salary cuts, possible tournament
MLS players agree to salary cuts, possible tournament FOX Sports Digital BEST DEAL UPDATE:
AP source: MLB players offer 114-game season, no more $ cuts
AP source: MLB players offer 114-game season, no more $ cuts FOX Sports Digital BEST DEAL UPDATE:
AP Source: MLBPA proposes 114-game season with no further pay cuts
MLB players proposed a 114-game regular season Sundayand no additional pay cuts beyond the one the agreed to in March. FOX Sports Digital BEST DEAL UPDATE:
AP source: MLB players offer 114-game season, no more $ cuts
A person familiar with the plan tells The Associated Press that Major League Baseball players have proposed a 114-game regular season, up from 82 in management’s offer ABC News: Sports BEST DEAL UPDATE:
$500 Hair Extensions Removed at Home?! *Couple Cuts Each Other’s Hair!*
Clevver Style BEST DEAL UPDATE:
Gov. Gavin Newsom Discusses California Budget Cuts and School Reopenings | The View
Guests BEST DEAL UPDATE:
Cost of Shipping Oil Tumbles as Production Cuts Bite
Charter prices for vessels that transport crude oil have dropped 77% from their March peak, which came during a short-lived battle for a greater share of the oil market between Saudi Arabia and Russia. WSJ.com: Markets BEST DEAL UPDATE: SPECIAL … Read more…
10 Movies Saved By Directors Cuts
Screen Rant Give the gift of movies…at home! Use your FandangoNOW gift card to purchase movies on FandangoNOW and watch your favorites at home.
United cuts 13 high-level executives as travel demand ‘still a very long way from where it was’
United Airlines is cutting 13 of its 67 officer positions in an effort to save money as the coronavirus continues to hurt travel demand. Travel BEST TRAVEL DEAL: Find Great Deals At Radisson’s Official Site. Book Now And Save! (300×250)” … Read more…
As COVID Cuts Deadly Path Through Indiana Prisons, Inmates Say Symptoms Ignored
Scottie Edwards died of COVID-19 just weeks before he would have gotten out of the Westville Correctional Facility in Indiana. Edwards, 73, began showing symptoms of the disease in early April, according to the accounts of three inmates who lived … Read more…
U.S. pipeline operator Energy Transfer warns of coming job cuts
U.S. pipeline operator Energy Transfer LP will begin cutting about 6% of its workforce next week, underscoring the spreading impact of weak oil and gas prices on the energy business. Reuters: Company News SPECIAL DISCOUNT DEAL:
U.S. pipeline operator Energy Transfer warns of coming job cuts
U.S. pipeline operator Energy Transfer LP will begin cutting about 6% of its workforce next week, underscoring the spreading impact of weak oil and gas prices on the energy business. Reuters: Business News SPECIAL DISCOUNT UPDATE!
What sweeping cuts mean for minor league baseball and its players
Hundreds of minor league ballplayers were released Thursday. Where does that leave them — and the minors in general — for 2020 and beyond? www.espn.com – MLB BEST DEAL UPDATE:
University Of Minnesota Cuts Ties With Minneapolis Police After George Floyd Death
“Our hearts are broken after watching the appalling video,” UMN President Joan Gabel wrote in a letter to the campus. Education BEST DEAL UPDATE:
Transportation sector is bleeding jobs, more cuts on the way
There has been an uptick in travel in recent weeks, but the airline industry remains largely idled ABC News: Travel BEST DEAL UPDATE:
Airlines increase job cuts as pandemic crushes air travel
From Britain’s EasyJet to American and Delta in the U.S., airlines are cutting even more jobs to cope with a crushing drop in air travel caused by the coronavirus ABC News: Travel BEST DEAL UPDATE:
Bank of Korea Cuts Rate to Record Low of 0.50% From 0.75%
Bloomberg Markets and Finance BEST DEAL UPDATE:
Boeing Details Plans for Mass Job Cuts
Boeing plans to shed more than 13,000 employees, including the first round of compulsory cuts as part of previously announced plans triggered by the coronavirus-driven collapse in global air travel. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request … Read more…
AP sources: Players want more games, no more salary cuts
AP sources: Players want more games, no more salary cuts FOX Sports Digital BEST DEAL UPDATE:
AP sources: Players want more games, no more salary cuts
Baseball players appeared likely to propose more regular-season games this year while holding to their demand for full prorated salaries, people familiar with their deliberations tell The Associated Press ABC News: Sports BEST DEAL UPDATE:
Boeing cuts 12,000 jobs, resumes production of grounded jet
Boeing is cutting more than 12,000 U.S. jobs through layoffs and buyouts, with several thousand more jobs expected to be cut over the next few months as the aircraft deals with a downturn in travel caused by the coronavirus pandemic … Read more…
Tesla Cuts Car Prices In North America, China
Tesla has cut prices of its electric cars in North America following a decline in auto demand during the coronavirus-induced lockdowns. The company is also reducing the prices for its vehicles in China. The luxury electric car maker has reduced … Read more…
Tesla price cuts show realism in face of coronavirus slowdown
Overnight Tuesday, Tesla said it is cutting prices for its Model 3, S and X in North America by as much as 6%, and Model S and X vehicles in China by 4%. Tech BEST DEAL UPDATE:
Nats’ Scherzer says more salary cuts a non-starter
Nationals ace Max Scherzer, among eight players on the MLBPA’s executive subcommittee, issued a statement late Wednesday night calling management’s proposal for more salary cuts a non-starter. www.espn.com – TOP SPECIAL ENTERTAINMENT UPDATE:
Oil climbs as suppliers stick to output cuts, coronavirus lockdowns ease
Oil prices rose on Tuesday on clear signs that producers are sticking to commitments to cut crude supply as more cars get back on the road with coronavirus lockdowns easing around the world. Energy BEST LOAN UPDATE:
Doctors face pay cuts, furloughs and supply shortages as coronavirus pushes primary care to the brink
Shrinking and disappearing doctors’ offices could trigger public health crises as sick patients go untreated and children do not receive important vaccines. Small Business BEST DEAL UPDATE: A way to Pay off Credit Cards
Singapore Cuts 2020 GDP Outlook
Singapore’s economic outlook for 2020 was lowered further due to the deterioration in foreign demand forecast and the expected economic impact of the coronavirus containment measures. The Ministry of Trade and Industry on Tuesday forecast the city-state economy to shrink … Read more…
Nissan, Renault Prepare Billions of Dollars in Cuts
The alliance of Renault and Nissan Motor is set to disclose billions of dollars in cost cuts this week and Nissan is looking to slash capacity by an additional million vehicles. WSJ.com: US Business BEST DEAL UPDATE:
Pay Cuts Become a Tool for Some Companies to Avoid Layoffs
“Shared sacrifice” in the white-collar ranks aims to avoid the cost of staffing up again. With no end to the crisis in sight, it is a leap of faith. NYT > Business > Economy SPECIAL NEWS BULLETIN: Click today to … Read more…
NBC Sports announcers take pay cuts
Mike Tirico, Al Michaels, and Dan Hicks are among the NBC Sports on-air personalities who will take a pay cut for the rest of the year, the latest TV-sports team to agree to salary reductions in the wake of the … Read more…
South Africa Central Bank Cuts Rates Again; Signals More Easing Ahead
South Africa’s central bank reduced interest rates for a fourth consecutive session and signaled more easing ahead as it expects a sharp economic contraction this year, due to the disruption caused by the coronavirus, or Covid-19, pandemic. RTT – Economic … Read more…
IBM cuts jobs around U.S. as new CEO looks for revival
IBM says it’s laying off an undisclosed number of workers across the U.S., according to the Wall Street Journal and other reports ABC News: Technology BEST DEAL UPDATE:
Kuehne+Nagel owner sees about 20,000 job cuts: Die Welt
Freight-forwarder Kuehne+Nagel may cut more than 20,000 jobs, with warehouse workers most affected, as the coronavirus-caused economic crisis hits shipping, controlling shareholder Klaus-Michael Kuehne said in an interview. Reuters: Business News SPECIAL DISCOUNT UPDATE!
Japan’s SpaceJet maker closes overseas sites, mulls cuts at home amid coronavirus squeeze
SpaceJet regional aircraft maker, Mitsubishi Aircraft, said it is closing overseas operations that employ hundreds of people and may cut staff at home after its parent company slashed the development budget for Japan’s first commercial aircraft in a century. Reuters: … Read more…
Reserve Bank of India Unexpectedly Cuts Interest Rates
Bloomberg Markets and Finance SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please help American Consultants Rx achieve it’s biggest goal yet … Read more…
Oil Rally Continues With Supply Cuts Boosting Sentiment
Oil prices climbed, advancing for the sixth consecutive session with producers curtailing output in response to ultralow crude prices and the coronavirus crisis. WSJ.com: Markets BEST DEAL UPDATE: SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription … Read more…
Hewlett Packard Enterprise to implement major cost cuts because of COVID-19
Amid eroding sales due to the COVID-19 pandemic, business technology giant Hewlett Packard Enterprise plans a major overhaul, including layoffs, that it says will save $ 1 billion by 2022. The company, which makes data center hardware and software, announced … Read more…
IBM Announces First Job Cuts Under New Chief Executive
An unspecified number of layoffs come as a major economic slowdown triggered by the coronavirus pandemic causes many customers to dial back investments. WSJ.com: WSJD BEST DEAL UPDATE:
IBM Announces First Job Cuts Under New Chief Executive
An unspecified number of layoffs come as a major economic slowdown triggered by the coronavirus pandemic causes many customers to dial back investments. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card and … Read more…
Zuckerberg says employees moving out of Silicon Valley may face pay cuts
Zuckerberg’s announcement comes as several tech companies are allowing employees to work remotely indefinitely. Tech BEST DEAL UPDATE:
Rolls Royce cuts 9,000 jobs and warns recovery from pandemic will take years – BBC News
BBC News SPECIAL NEWS BULLETIN: Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine! SPECIAL DONATION REQUEST UPDATE: Please help American Consultants Rx achieve it’s biggest goal yet of donating … Read more…
Ford temporarily halts work at 2 plants; Rolls cuts jobs
Ford temporarily halted production at two assembly plants Tuesday and Wednesday after three workers tested positive for the novel coronavirus ABC News: Travel BEST DEAL UPDATE:
Op-ed: Forget tax cuts – Here’s a five-point plan to help people through the crisis and boost the economy
Tax cuts would most certainly fail to benefit those most in need of financial assistance. Here are some better ideas. Commentary BEST DEAL UPDATE: Best of Web Pricing! Search 280+ weekly Flights to Cuba, only on CheapAir.com!
Uber Cuts 3,000 More Jobs, Shuts 45 Offices
Uber is reducing staff, closing more than three dozen offices and re-evaluating big bets in areas ranging from freight to self-driving technology, CEO Dara Khosrowshahi said in an email to employees. WSJ.com: WSJD BEST DEAL UPDATE:
Uber Cuts 3,000 More Jobs, Shuts 45 Offices
Uber is reducing staff, closing more than three dozen offices and re-evaluating big bets in areas ranging from freight to self-driving technology, CEO Dara Khosrowshahi said in an email to employees. WSJ.com: US Business BEST DEAL UPDATE:
Uber cuts 3,000 jobs as pandemic slashes demand for rides
Uber has cut 3,000 jobs from its workforce, its second major wave of layoffs in two weeks as the coronavirus slashed demand for rides ABC News: Technology BEST DEAL UPDATE:
Oil prices lifted for 4th day by signs of output cuts and demand pick-up
Oil prices rose on Tuesday, extending gains for a fourth straight session, amid signs that producers are cutting output as promised just as demand picks up, stoked by more countries easing out of curbs imposed to counter the coronavirus pandemic. … Read more…
Uber to focus on core rides, delivery business as it cuts 23% of workforce
Uber Technologies Inc will concentrate on its core businesses in ride-hailing and food delivery and cut 23% of its workforce in an attempt to become profitable despite the coronavirus pandemic, Chief Executive Officer Dara Khosrowshahi said in an email to … Read more…
Coronavirus warning: steep cuts to local services without emergency funding – BBC News
BBC News BEST DEAL UPDATE(UK) :
Emirates Weighs 30,000 Job Cuts
Bloomberg Markets and Finance BEST DEAL UPDATE:
Thai GDP Falls At Fastest Pace In 8 Years; Govt Cuts Outlook
Thailand’s economy contracted at the fastest pace in more than eight years in the first quarter as coronavirus, or Covid-19, pandemic dampened tourism and trade, data from the National Economic and Social Development Council, or NESDC, showed on Monday. Gross … Read more…
Top money manager cuts exposure, warns stocks are too expensive
Bryn Mawr Trust’s Jeffrey Mills warns the risk-reward for stocks is to the downside. Finance FINANCE UPDATE:
Condé Nast lays off 100 employees on increased cuts
The publishing powerhouse is laying off nearly 100 United States employees and furloughing an additional 100. News – FashionNetwork.com USA BEST DEAL UPDATE:
Vice Media CEO slams ‘Big Tech’ as ‘great threat to journalism’ amid cuts
The boss of Vice Media blamed “Big Tech” as she revealed a fresh wave of layoffs at the gonzo news gatherer, saying Silicon Valley poses a “great threat to journalism.” The Brooklyn-based media outfit — co-founded by its hard-partying executive … Read more…
Virus cuts off lifeline for many of the world’s poorest
As the Covid-19 pandemic cripples the economy, many migrant workers have lost their jobs. The lifeline for the world’s poorest is being cut off as the unemployed migrant workers are no longer able to send money home. CNN’s Ivan Watson … Read more…
Virus cuts off lifeline for many of the world’s poorest
As the Covid-19 pandemic cripples the economy, many migrant workers have lost their jobs. The lifeline for the world’s poorest is being cut off as the unemployed migrant workers are no longer able to send money home. CNN’s Ivan Watson … Read more…
‘I Love Baseball to Death. It’s Just Not Worth It.’ MLB Pitcher Blake Snell Speaks Out on 2020 Season, Coronavirus Pay Cuts
(ST. PETERSBURG, Fla.) — Tampa Bay Rays All-Star pitcher Blake Snell says he will not take the mound this year if his pay is cut further, proclaiming: “I’m not playing unless I get mine.” “I’m not splitting no revenue. I … Read more…
‘I Love Baseball to Death. It’s Just Not Worth It.’ MLB Pitcher Blake Snell Speaks Out on 2020 Season, Coronavirus Pay Cuts
(ST. PETERSBURG, Fla.) — Tampa Bay Rays All-Star pitcher Blake Snell says he will not take the mound this year if his pay is cut further, proclaiming: “I’m not playing unless I get mine.” “I’m not splitting no revenue. I … Read more…
BuzzFeed wields ax for third round of coronavirus cuts
BuzzFeed made a third round of coronavirus-related cuts this week — and for the first time, took aim at the journalism side of the company. The cuts involved the furloughs of 19 staffers by newly installed Editor-in-Chief Mark Schoofs, who … Read more…
BuzzFeed wields ax for third round of coronavirus cuts
BuzzFeed made a third round of coronavirus-related cuts this week — and for the first time, took aim at the journalism side of the company. The cuts involved the furloughs of 19 staffers by newly installed Editor-in-Chief Mark Schoofs, who … Read more…
Trump Abruptly Cuts Off Press Briefing
President Donald Trump became angry and abruptly ended a news conference after telling a Chinese-American reporter to “ask China” for an answer to her question and refusing to hear from a CNN reporter he had just called on to speak. … Read more…
Factories Close for Good as Pandemic Cuts Demand
Factory furloughs across the U.S. are becoming permanent closings, a sign of the heavy damage the coronavirus pandemic and shutdowns are exerting on the industrial economy. WSJ.com: US Business SPECIAL NEWS UPDATE: Click today to request your free ACRX discount … Read more…
Vaynerchuk Sees More Job Cuts Ahead in Silicon Valley
Bloomberg Technology BEST DEAL UPDATE:
Kyree Walker’s Impressions of your FAVORITE HOOPERS 🤣 | The SLAM Show: Extended Cuts
SLAM BEST DEAL UPDATE:
MoMA Makes Plans to Reopen—With Far Fewer Staff and Budget Cuts of $45 Million
MoMA’s 60 open job positions have been cut, and approximately 160 staff members have been let go. Observer BEST DEAL UPDATE:
BuzzFeed furloughing 68 staffers for three months, more cuts planned
BuzzFeed CEO Jonah Peretti is going for a second round of furloughs among other cost-cutting measures in a bid to keep the news organization’s coronavirus-related losses under $ 20 million this year. Starting on May Peretti will furlough 68 US … Read more…
Trump Eyes New Tax Cuts for Next Stimulus Package
The president and his advisers are mulling a variety of deductions and rate cuts meant to help businesses, workers and investors, setting up a clash with Democrats. NYT > Business > Economy BEST DEAL UPDATE: View student loan options (300×250)” … Read more…
United Airlines service workers’ union sues over schedule cuts after carrier got federal aid
United fleet and passenger service workers are suing the airline over a planned cut to their hours, saying it violates their contract and the law providing billions in coronavirus aid from the government. Travel BEST TRAVEL DEAL: Find Great Deals … Read more…
Tribune gets pushback over job cuts at flagship newspaper Chicago Tribune
Tribune Publishing, which has already made two rounds of cuts among its non-unionized workforce, is running into big resistance as it tries to furlough journalists at its flagship Chicago Tribune. In a Monday e-mail to its members, the Chicago Tribune … Read more…
Virgin Atlantic To Lay Off Over 3,000 As United Airlines Seeks Voluntary Cuts
“We have weathered many storms since our first flight 36 years ago, but none has been as devastating as Covid-19,” Virgin’s CEO said. Business – News, Opinion and Analysis SPECIAL DEALS:
B&H Photo furloughs 400 workers after resisting cuts during Passover
B&H Photo & Electronics furloughed hundreds of employees this week — a move the iconic retailer had resisted for more than a month after its megastore in Manhattan was forced to shutter because of the coronavirus lockdown. Business | New … Read more…
Fund managers fish for dividend plays amid sharp cuts
Some dividend fund managers are wading back into the shares of battered railroad stocks, energy companies and other economically sensitive, cyclical names, even as a host of companies have slashed… Reuters: Wealth BEST DEAL UPDATE:
L Brands cuts spring inventory, not paying rent on stores
L Brands announced on Thursday that it has amended its revolving credit facility, among other measures, to ensure liquidity in light of the ongoing coronavirus pandemic. News – FashionNetwork.com USA BEST DEAL UPDATE:
Grounded Thai airline staff, hit by pay cuts, work side gigs
Faced with grounded flights and pay cuts, crews of Thailand’s airlines have formed a car and motorbike delivery service, earning vital money and winning fame on the doorstep ABC News: Travel BEST DEAL UPDATE:
Oil prices surge again US stockpiles grow less than feared, output cuts kick in
Oil prices jumped on Friday, extending the previous session’s gains, buoyed by a lower-than-expected gain in U.S. crude inventories and the start of output cuts in a bid to offset a slump in fuel demand triggered by the coronavirus pandemic. … Read more…
