JACKSON, NJ – The Jackson Township School District is being forced to sell a beloved community elementary school in an underserved part of town after state aid cuts under Governor…
(Reuters) -eBay Inc will cut about 1,000 roles, or an estimated 9% of its current workforce, the e-commerce retailer said on Tuesday. “While we are making progress against our strategy,…
(Reuters) – U.S. department store chain Macy’s is cutting 2,350 jobs and closing five stores, as it aims to streamline its operations, a company spokesperson told Reuters on Thursday. The…
FRANKFURT (Reuters) – Euro zone consumers have slashed their inflation expectations, a European Central Bank survey showed on Tuesday, in comforting news for the ECB’s efforts to contain prices. The…
TRENTON, NJ – The New Jersey Legislature is considering a bill aimed at providing substantial tax relief to small businesses in the state. The proposed legislation, if enacted, will halve…
PARIS (Reuters) -Renault said on Thursday it aims to cut the production costs of its cars by as much as 50% in the next four years including by increasing the…
By Gilles Guillaume and Giulio Piovaccari PARIS (Reuters) – Western automakers are fretting about an “invasion” of cheap Chinese electric cars in Europe, prompting France’s Renault to say on Thursday…
FRANKFURT (Reuters) – Euro zone firms’ demand for loans dropped to the lowest on record last quarter and a further decline is likely over the summer as lenders continue to…
GOP Lawmakers Slash University’s Budget To Defund ‘Diversity’ Programs Reagan Reese on June 22, 2023 State Republicans will cut the University of Wisconsin’s budget by $32 million, the estimated total…
By Kate Abnett BRUSSELS (Reuters) – The European Union should commit to slash its net greenhouse gas emissions by as much as 95% by 2040, official advisers said on Thursday,…
By Aishwarya Venugopal (Reuters) – Weak profit forecasts from department store chain Macy’s to discounter Dollar General on Thursday underscored the fragile health of the U.S. consumer as persistent inflation…
BERLIN (Reuters) – German media group ProSiebenSat.1 said on Thursday it was replacing its chief financial officer and proposing slashing this year’s dividend as it announced a nearly 20% drop…
BRASILIA (Reuters) – Brazil’s government is considering clarifying the size of each company’s tax benefits as part of a campaign to end tax exemptions and improve public finances, Finance Minister…
Kevin McCarthy Unveils GOP Plan To Slash Federal Funding, Address Budget Jason Cohen on April 17, 2023 The House will vote on a bill to raise the debt ceiling through…
(Reuters) – Ernst & Young’s U.S. arm said on Monday it was shedding 5% of its workforce, less than a week after the unit’s objection torpedoed the global accounting giant’s…
Amazon To Slash Another 9,000 Jobs Laurel Duggan on March 20, 2023 Amazon plans to cut another 9,000 jobs over the coming weeks due to concerns about economic uncertainty, according…
(Reuters) – AerCap Holdings NV said on Tuesday a unit of General Electric Co is selling 18 million shares, worth $1.12 billion, of the aircraft lessor through an underwritten public…
JACKSON TOWNSHIP, NJ – After another state budget presented by New Jersey Governor Phil Murphy included even more cuts to funding for Jackson Township schools, Mayor Michael Reina said he’s…
Slash Your Meat Consumption To Help Gov’t Hit Climate Goals, Advisory Group Suggests John Hugh DeMastri on February 28, 2023 Danish citizens should reduce their meat consumption by two-thirds and…
SHANGHAI (Reuters) – A growing number of listing applicants on the Beijing Stock Exchange are slashing the floor prices of their planned initial public offerings (IPOs), as the pandemic-hit companies…
TORONTO (Reuters) – Canadian economic activity contracted in December at the sharpest pace since the early stages of the COVID-19 pandemic as firms worked to reduce their stock of inventories,…
EXCLUSIVE: Rep. Chip Roy Unveils Amendments To Slash Green, Woke Handouts In Congress’ Massive Spending Bill Jack McEvoy on December 22, 2022 Republican Rep. Chip Roy of Texas on Thursday…
Goldman Sachs Will Slash Workforce, Cut Back On Bonuses For Underperformers: REPORT John Hugh DeMastri on December 16, 2022 Goldman Sachs is planning to cut thousands of employees and potentially…
(Reuters) – Twitter owner Elon Musk tweeted on Monday that Twitter’s Basic blue tick will have half the number of advertisements and the social media platform will offer a higher…
Putin Threatens To Slash Oil Production, Starve European Countries Of Fuel Jack McEvoy on December 9, 2022 Russian President Vladimir Putin said Friday that his nation may cut crude oil…