AP cutting 8% of workforce as new org shifts focus after election cycle
The Associated Press announced Monday that it will begin an acquisition offer and lay off some employees as part of a plan to reduce its news organization's workforce by about 8% and accelerate its transition to a digital-first organization. The move is part of what is expected to be a gloomy end of the year […]
General Motors Lays Off 1,000 Workers, Says Cost Cutting Needed to Remain Competitive
General Motors (GM) said Friday it will lay off about 1,000 employees worldwide and cut costs as it aims to compete in the crowded global auto market. Affected GM employees, mostly white-collar workers, were told in the early morning hours as they were preparing for the weekend. The company confirmed the layoffs in a statement, […]
Granholm warns that cutting EV tax credits would be ‘ceding’ to China
Energy Secretary Jennifer Granholm warned on Friday that President-elect Trump's reported plan to cut consumer subsidies for electric vehicles (EVs) would benefit China. “What do you do when you remove these credits? You end up ceding territory to other countries, especially China,” Granholm told reporters at the COP29 global climate summit in Baku, Azerbaijan. He […]
Advance Auto Parts shutting 500 stores, cutting jobs amid sluggish demand
Advance Auto Parts said Thursday it will close about 500 stores by mid-2025 under a restructuring plan, as demand for auto parts has been hit by fewer consumers choosing to repair their cars. announced that it would reduce its workforce. The auto parts retailer's stock rose about 2% even though it also reported a surprise […]
Tufts University Accused of Cutting Ties with Democrat Congressman Over Trans Athlete Comments
Boston-area Tufts University has reportedly cut ties with Massachusetts Congressman Seth Moulton after the Democratic Party abruptly opposed the inclusion of transgender athletes in women's sports. According to sauce On Fox News Digital, David Art, chair of the political science department at Tufts University, contacted the Massachusetts Democratic Party's office and said in an interview […]
Leftists’ brains BREAKING: Election denial, canceled classes, and cutting off family for the holidays
Every leftist's nightmare has come true. That means Donald Trump has been elected president, and their lives will probably be better because of it. In the wake of this devastating defeat, Democrats are now claiming that the 2024 election was stolen, and that 20 million voters came out of nowhere for Joe Biden's 2020 election […]
Democrats Can’t Stop Cutting Pro-Trump Ads
Democrats can't seem to stop accidentally cutting pro-Trump campaign ads. First up was Kamala. “During the last four years, have you done anything different than President Biden?” Vice President Kamala Harris explains 'shared priorities' with Joe Biden #theview. pic.twitter.com/6B18eYll8j — The View (@TheView) October 8, 2024 During an appearance on “The View” in early October, […]
Photos reveal how Hurricane Milton reshaped Florida, cutting beaches in half
Dramatic photos show how deadly Hurricane Milton changed Florida's coastline. Some sections of the iconic beach are now split in half. Amazing images show the newly displaced coastlines of Sanibel and Captiva Islands off the coast of Cape Coral after Mother Nature destroyed them. “When a storm like Milton moves onto the coast, it pushes […]
HSBC Cutting Top Managers in $300 Million Savings Plan – PYMNTS.com
Management ranks among major banks HSBC It can start to fade quickly. Financial Times (FT) reported On Thursday (October 10), sources familiar with the matter said the new CEO Georges Erhedery HSBC plans to restructure its senior banking ranks as part of a plan to save up to $300 million. Reports surfaced last month that […]
‘Serious Problem’: America’s Cutting Edge Weaponry Is Dependent On Chinese Tech, Experts Warn
U.S. defense startups are too reliant on Chinese-made components, posing a serious risk of exploitation by the Chinese government, experts told the Daily Caller News Foundation. Business is booming since 2021, with hundreds of defense startups joining the growing U.S. military-industrial complex. According to In the Wall Street Journal. But defense contractors rely heavily on […]