Spending Cuts
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Gates Foundation Unveils $9 Billion Budget And Plans To Cut Staff
The Gates Foundation announced Wednesday that it will spend a record $9 billion in 2026, maximising its spending in key areas such as global health.
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Apple Vision Pro Production, Marketing Said to be Scaled Back Due to Low Sales
Apple reportedly cut production of its Vision Pro headset due to disappointing sales. The company has reportedly slashed digital ad spending for the headset by over 95 percent in markets including the US and UK. High price tag, bulky design, and lack of visionOS native apps are likely to be the key reasons behind the poor sales performance of the A...
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Thousands Face The Axe As Global Firms Look For Return On Big AI Spending
Amazon said it would cut up to 14,000 jobs from its corporate workforce, joining Target, Procter & Gamble and others in axing thousands of office roles.
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As Amazon Doubles Down On AI, 14,000 Corporate Roles Face The Axe
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while trimming spending.
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With Fewer Overseas Students, Dozens Of Colleges In US Announce Budget Cuts
DePaul University has told faculty it will immediately reduce spending following a 30% decline in international enrollment this fall.
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Eiffel Tower Closed Due To Strikes Across France Against Austerity
Protesters took to the streets of more than 200 towns and cities across France to denounce spending cuts and demand higher taxes on the rich.
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Macron Appoints Defence Minister Lecornu As France's Latest Prime Minister
French President Macron late Tuesday appointed Defense Minister Sebastien Lecornu as France's new prime minister, the country's fourth in about a year.
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"Fell Behind My Worst Expectations": Doctor's Emotional Post Over Pay Cut
A doctor has opened up about the toll of spending years in academic preparation, only to see a drastic fall in his earnings.
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Google Finds Workaround For Lobbying Rules That Omit Big Bosses
Starting in 2019, Google began cutting ties with some of its external lobbying firms, a move it acknowledged publicly as part of an overhaul of its Washington operations.
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"Ditch Instagram, Learn AI Or Get Left Behind," Says Perplexity AI CEO
Cut down the time you spend on social media and prioritise learning Artificial Intelligence (AI). This is the Perplexity AI CEO Aravind Srinivas' message to the youngsters.
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Trump Signs 'Big, Beautiful Bill' Into Law. What's Inside
US President Donald Trump signed into law his "One Big Beautiful Bill" at the White House on Friday, "keeping" his campaign promises of extending tax cuts from his first term and boosting military spending.
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Trump Signs Flagship "Big Beautiful Bill" Into Law
U.S. President Donald Trump signed into law a massive package of tax and spending cuts at the White House on Friday, staging an outdoor ceremony on the Fourth of July holiday that took on the air of a Trump political rally.
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Blistering Heat, Empty Chairs, C-Word Hit UN's Flagship Development Event
Brutal heat scorched Spain this week, a blistering reminder of the climate change that is battering the poorest countries - stretching their finances even as government debt climbs to new heights. Two aspects were less abundant: money and power.
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US House Sets Make-Or-Break Final Vote On Trump Tax Bill Soon
US lawmakers teed up a final vote on Donald Trump's marquee tax and spending bill for early Thursday after a bruising day of Republican infighting that threatened to derail the centerpiece of the president's domestic agenda.
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US Senate Approves Trump's Divisive "One Big Beautiful Bill"
The Republican-led US Senate approved Donald Trump's flagship spending bill Tuesday after a marathon voting session on the deeply unpopular package, set to slash social welfare programs and add an eye-watering $3 trillion to the national debt.
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Gates Foundation Unveils $9 Billion Budget And Plans To Cut Staff
The Gates Foundation announced Wednesday that it will spend a record $9 billion in 2026, maximising its spending in key areas such as global health.
-
Apple Vision Pro Production, Marketing Said to be Scaled Back Due to Low Sales
Apple reportedly cut production of its Vision Pro headset due to disappointing sales. The company has reportedly slashed digital ad spending for the headset by over 95 percent in markets including the US and UK. High price tag, bulky design, and lack of visionOS native apps are likely to be the key reasons behind the poor sales performance of the A...
-
Thousands Face The Axe As Global Firms Look For Return On Big AI Spending
Amazon said it would cut up to 14,000 jobs from its corporate workforce, joining Target, Procter & Gamble and others in axing thousands of office roles.
-
As Amazon Doubles Down On AI, 14,000 Corporate Roles Face The Axe
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while trimming spending.
-
With Fewer Overseas Students, Dozens Of Colleges In US Announce Budget Cuts
DePaul University has told faculty it will immediately reduce spending following a 30% decline in international enrollment this fall.
-
Eiffel Tower Closed Due To Strikes Across France Against Austerity
Protesters took to the streets of more than 200 towns and cities across France to denounce spending cuts and demand higher taxes on the rich.
-
Macron Appoints Defence Minister Lecornu As France's Latest Prime Minister
French President Macron late Tuesday appointed Defense Minister Sebastien Lecornu as France's new prime minister, the country's fourth in about a year.
-
"Fell Behind My Worst Expectations": Doctor's Emotional Post Over Pay Cut
A doctor has opened up about the toll of spending years in academic preparation, only to see a drastic fall in his earnings.
-
Google Finds Workaround For Lobbying Rules That Omit Big Bosses
Starting in 2019, Google began cutting ties with some of its external lobbying firms, a move it acknowledged publicly as part of an overhaul of its Washington operations.
-
"Ditch Instagram, Learn AI Or Get Left Behind," Says Perplexity AI CEO
Cut down the time you spend on social media and prioritise learning Artificial Intelligence (AI). This is the Perplexity AI CEO Aravind Srinivas' message to the youngsters.
-
Trump Signs 'Big, Beautiful Bill' Into Law. What's Inside
US President Donald Trump signed into law his "One Big Beautiful Bill" at the White House on Friday, "keeping" his campaign promises of extending tax cuts from his first term and boosting military spending.
-
Trump Signs Flagship "Big Beautiful Bill" Into Law
U.S. President Donald Trump signed into law a massive package of tax and spending cuts at the White House on Friday, staging an outdoor ceremony on the Fourth of July holiday that took on the air of a Trump political rally.
-
Blistering Heat, Empty Chairs, C-Word Hit UN's Flagship Development Event
Brutal heat scorched Spain this week, a blistering reminder of the climate change that is battering the poorest countries - stretching their finances even as government debt climbs to new heights. Two aspects were less abundant: money and power.
-
US House Sets Make-Or-Break Final Vote On Trump Tax Bill Soon
US lawmakers teed up a final vote on Donald Trump's marquee tax and spending bill for early Thursday after a bruising day of Republican infighting that threatened to derail the centerpiece of the president's domestic agenda.
-
US Senate Approves Trump's Divisive "One Big Beautiful Bill"
The Republican-led US Senate approved Donald Trump's flagship spending bill Tuesday after a marathon voting session on the deeply unpopular package, set to slash social welfare programs and add an eye-watering $3 trillion to the national debt.
