Maryland proposes multibillion-dollar transportation spending cuts
Maryland Gov. Wes Moore’s administration is proposing sweeping cuts of about $3.3 billion to the state’s six-year transportation spending plan, which faces inflationary pressures as traditional funding continues to outpace costs. The state transportation secretary announced Tuesday. The proposal could be adjusted at next year’s General Assembly and would affect highways, transit services and other […]
Elon Musk Mocks Paris Hilton’s Company After It Cuts Off X/Twitter Advertising Campaign
Elon Musk recently mocked Paris Hilton and her brand after she ended an ad campaign for her personal cookware line on X/Twitter, joining a long list of former advertisers Musk has lashed out at. Joined the. The company’s CEO, Linda Yaccarino, proudly announced the partnership with Hilton’s company just two months ago. business insider report […]
Missouri’s Park University announces staff layoffs, program cuts, campus closures
Park University, a private school in Missouri, is laying off faculty, cutting programs and closing its campus following a steep drop in enrollment similar to what’s happening nationally. The Kansas City Beacon reported that the Kansas City-area school announced plans to cut 16 faculty and staff positions, primarily in areas with low enrollment. The university […]
Bitcoin is on the move, Spotify cuts staff and more money floods AI – TechCrunch
Image credits: David M. Bennett/Dave Bennett/Getty Images Listen here or Get your podcasts anywhere. Hello and welcome again capitala startup business podcast that unpacks the numbers and nuances behind the headlines. Monday’s show covers the weekend’s latest tech news and early week stories. And there was a lot to cover this morning! Cryptocurrency prices are […]
‘Frasier’ Star Kelsey Grammer Says He Still Supports Donald Trump, Paramount Reportedly Cuts Interview Short
Actor Kelsey Grammer said in a recent interview that he still supports former President Donald Trump. However, Paramount, the studio that produced his new work, frasier The actor reportedly cut the interview short before he could elaborate. Kelsey Grammer spoke about the new thing on BBC Radio 4. frasier The series streams on Paramount+. During […]
Gold prices hit record high above $2,100 on bets of early Fed cuts By Investing.com – Investing.com
©Reuters. Investing.com — Monday as markets bet the Federal Reserve could start cutting interest rates as early as March 2024, even as central bank officials remain cautious. Gold prices soared to record highs in Asian trade, extending recent strong gains. The yellow metal has surged in recent trading as easing inflation, soft labor market data […]
Conservatives call for big business tax cuts while White House backs child tax credit
Tax cuts for big businesses are once again up against expansion of the Child Tax Credit (CTC) in the fight to make last-minute changes to the tax code every December. Republicans want expanded deductions for research and development expenses, fixed capital investments such as machinery and equipment, and interest payments. The White House has left […]
GM Announces Major Funding Cuts for Cruise Self-Driving Vehicle Subsidiary
GM will sharply reduce its investment in its self-driving car subsidiary Cruise after a series of challenges and operational setbacks in which its self-driving robotaxis gained notoriety on the streets of San Francisco and other test markets. Engadget report GM has announced that it will significantly reduce funding for its self-driving car division, Cruise. The […]
OPEC+ agrees to deepen oil production cuts
Robert Tummel, Senior Portfolio Manager at TortoiseEcofin, discusses how China’s economic woes could impact oil prices on “Craman Countdown.” Saudi Arabia and Russia deepened exchanges of views on Thursday oil supply cutannounced an agreement to continue reducing production in early 2024. Voluntary measures by Moscow, Riyadh and other OPEC+ members will reduce oil production by […]
British banks announce sweeping job cuts weeks before Christmas – CNN
Leon Neal/Getty Images Metro Bank announced Thursday that a cost-cutting plan will result in about 800 job cuts. London CNN — UK bank staff face: Layoffs for Christmas One union called the timing “shameful”. Metrobank in financial trouble announced on Thursday that it plans to cut its workforce by 20% as part of a bid […]
