E.C.B. Is Likely to Leapfrog the Fed on Interest Rate Cuts With eurozone inflation falling, the European Central Bank has signaled it is ready to lower rates this week, diverging from the U.S. Federal Reserve.
Tesla job cuts heighten Wall Street concerns that EV maker faces a demand problem Tesla’s announcement Monday that it is cutting jobs sent the shares down nearly 6%, continuing the year’s sell-off.
Sources: A-Rod, Lore eyed cuts to Wolves payroll As part of a failed bid to assume majority ownership of the Timberwolves, Marc Lore and Alex Rodriguez submitted projections forecasting a retreat in payroll that Glen Taylor believed would jeopardize the team’s ability to vie for a title, sources said.
Wall Street’s Big Rethink on Interest Rate Cuts Investors see Wednesday’s Consumer Price Index report as a pivotal report card on inflation and the Federal Reserve’s next move.
What are your favorite deep cuts? I love deep cuts. Those diamonds in the rough, the forgotten gems, the lost favorites. I thought about this when I realized that one of my favorite songs from the revered goth godfathers, Bauhaus, has less than 1/1000th the number of plays on Spotify as the lead single on the release it’s on (Departure, a b-side on the She’s In Parties single), …
Tesla Drastically Cuts Model Y Prices Because Inventory Is At Record Levels Tesla is taking a buzzsaw to the price of its best-selling Model Y electric crossover in an attempt to clear out its biggest-ever inventory stockpile. The Austin, Texas-based automaker is dropping prices after it produced 46,561 more vehicles than it delivered in the first quarter of 2024. That means it has more cars… Read more…
Proposed NYPD Budget Cuts Lead to Distress and Skepticism In the Police Department, the rank and file is hearing rumors of buyouts and demotions, but many see the mayor’s plan to shrink the department as a political tactic.
You Thought Max Removed a Ton of Content? Get a Load of These Paramount+ Cuts submitted by /u/mrnicegy26
New Gene Editing Treatment Cuts Dangerous Cholesterol in Small Study The trial involved only 10 patients, but it suggests cholesterol can be permanently reduced with a single treatment for patients at risk of heart disease.
Price Cuts Alone Can’t Save EV Sales Electric vehicle makers are in a tight spot right now, with sales struggling to the extent that Ford is even considering cutting a shift at the factory that assembles its F-150 Lightning electric pickup truck. Now, EV startups are also reporting issues with their output and companies including Lucid and Fisker have… Read more…
From flagship to flagging: cuts that place Newsnight in jeopardy submitted by /u/Currency_Cat
Google cuts dozens of jobs in news division Google News is downsizing at a particularly contentious moment in the way news is handled by major online platforms.
Federal Firefighters Face Steep Pay Cuts A temporary pay raise for federal wild-land firefighters is set to end next month. Officials have said that more workers will quit if lawmakers fail to pass a permanent increase.
Netflix Animation Shakeup: Job Cuts Coming, Two Films Shut Down as Streamer Explores Third-Party Output Deals submitted by /u/KillerCroc1234567
Tesla cuts Model 3 and Model Y prices in the U.S. after car deliveries fall The starting price for the Model 3 is listed at $38,990 on Tesla’s website, down from $40,240 previously.
Epic Games cuts around 830 jobs Illustration: Alex Castro / The VergeBloomberg reports that Fortnite developer Epic Games is expected to lay off 16 percent of its workforce. In a statement from Tim Sweeney, Epic has confirmed the layoffs will impact around 830 employees. He wrote that the company intends to divest from Bandcamp — an independent music storefront company Epic a…
Ruling Against Trump Cuts to the Heart of His Identity The finding by a judge in a New York civil case that Donald Trump committed fraud in valuing his real estate properties undermined the narrative of the business career that launched him in politics.
Panasonic cuts the wires from its SoundSlayer neck speaker for gamers The Panasonic SoundSlayer (GNW10). | Image: PanasonicCompanies keep trying to make neck speakers a thing. People must be buying them, though, because Panasonic is releasing a new one: the GNW10 SoundSlayer, a wireless neck speaker with AI voice isolation (which it confusingly calls “AI voice control”) for phone calls and in-game voice chat. The …
LPT Instead of giving the finger when someone cuts you off Just give them a disapproving thumbs down 👎 Trust me, it hits different. submitted by /u/meepbeep52
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