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4 mins read
Trump's plans to change healthcare could slash insurance for some low-income Americans and retirees
Trump said during his campaign that he'd make changes to the Affordable Care Act. His plans could r…
Allie Kelly
1 min read
Nissan is slashing 9,000 jobs after a dire financial performance
The company is also cutting production capacity by 20%.
Shubhangi Goel
5 mins read
Intel employees face 'setbacks' as the company slashes staff, pay, and perks
Intel employees faced pay cuts and layoffs, causing uproar over forfeited stock bonuses and shrinki…
Emma Cosgrove,Helen Li
2 mins read
An elite hedge fund slashed its Nvidia and Tesla bets last quarter — and boosted its GameStop stake
Renaissance Technologies, founded by the late Jim Simons, cuts its Tesla and Nvidia stakes while ra…
Theron Mohamed
1 min read
Ford is stalling F-150 Lightning production and slashing manager bonuses as it races to cut costs
Ford is making two big cost cutting moves as it struggles to turn a profit on EVs.
Nora Naughton
2 mins read
Ford is slashing the working hours of some of its German factory employees amid what it calls a 'significantly lower than expected' demand for its EVs
The carmaker has more than 4,000 employees at its Cologne plant. It also has another plant in Saarl…
Aditi Bharade
4 mins read
NYC's short-term rental ban slashed Airbnb listings. A year later, it's unclear if it's made housing more affordable.
Airbnb listings have taken a hit, but the law's impact on prices and inventory remains unclear.
Eliza Relman,Dan Latu
2 mins read
Luxury brands are slashing prices in China
Luxury brands like Burberry and Balenciaga have been offering big discounts in China to try to reel…
Alexandra Bacon
3 mins read
British billionaire slashes the price of his London mansion by $13 million, saying the rich are fleeing the UK. See inside the storied property.
The house has previously hosted celebrities like Amy Winehouse and Kate Moss. It is on the market f…
Nathan Rennolds
3 mins read
Warren Buffett has sold about $10 billion of Bank of America stock — after slashing his Apple stake by nearly 60%
Warren Buffett's Berkshire Hathaway has cut its Bank of America stake by 23% since July, and it's n…
Theron Mohamed
2 mins read
Warner Bros. slashed the 'Beetlejuice Beetlejuice' budget by $50 million, fearing it would flop. It made $264 million in two weeks.
Warner Bros. reportedly tried to release "Beetlejuice Beetlejuice" on Max because it was worried it…
Ayomikun Adekaiyero
2 mins read
People in China still aren't buying enough stuff — so exporters are slashing prices to push more overseas sales
China reported exports rose 8.7% in August from a year ago to nearly $309 billion but imports edged…
Huileng Tan
2 mins read
Blackstone's mortgage fund slashes dividend as slump in office puts it under pressure
The impact of a still-weak market for office real estate is felt by Blackstone's huge mortgage fund.
Daniel Geiger
1 min read
China slashes interest rates in a surprise move to boost its slumping economy
China cut several short- and long-term interest rates on Monday as its economy grapples with slower…
Kelly Cloonan
1 min read
Berkshire Hathaway is sitting on almost $280 billion in cash after slashing its Apple stake in half
Warren Buffet's Berkshire Hathaway continued to sell its stake in Apple as it held off on new acqui…
Katie Balevic
1 min read
India slashes windfall tax on crude petroleum
The central government has reduced windfall tax on crude petroleum, according to a government notif…
ANI
2 mins read
A string of Waymo tire slashings is the latest example of vandalism against self-driving cars in San Francisco
A string of Waymo tire slashings is the latest incident of vandalism against the self-driving cars …
Jaures Yip
1 min read
Get ready for hot discount summer see the list of stores slashing prices
Several years of price increases have left many household budgets in tight shape, with shoppers inc…
Dominick Reuter
1 min read
10 metros where sellers are slashing listing prices the most
With builders and sellers competing for buyers' attention by offering concessions and slashing pric…
Alcynna Lloyd
2 mins read
Home prices are falling at the fastest pace since 2022 as stubborn interest rates slash demand
Across the US, 6.4% of sellers issued a price cut in the month leading up to May 26, Redfin said in…